Company Registration in Chennai |Solubilis

We have expertise in all types of company registration in Chennai so that the business entities can set up their operations at ease. The primary reason behind choosing Solubilis for your company registration in Chennai rests upon our commitment to providing expert advice. Besides company registration in Chennai, Solubilis helps an enterprise with a slew of other business services to enable its growth and success. You choose a professional partner committed to your success when you entrust Solubilis with your online company registration in Chennai. Feel free to contact us for any of your enquiries regarding company registration and to "Get Started" to register your company in Chennai.

All of the following requirements must be met by the Nidhi Company within one year of the Limited Company's incorporation:·        not have less than 200 shareholders (members);·        have at least ten lakh rupees in Net Owned Funds (NOF);·        Have at least 10% of the outstanding deposits in unencumbered term deposits; and not exceed a ratio of 1:20 between deposits and Net Owned Funds. The Nidhi Company after having Nidhi Company registration in Chennai shall not accept any further deposits from the beginning of the second financial year until it complies with the provisions for operating as a Nidhi Company and shall be subject to penal consequences if the Nidhi Company fails to meet the requirements for a Nidhi Company even after the second financial year. Reasons to establish Nidhi CompanyA Nidhi business that has Nidhi Company registration in Chennai has additional advantages in addition to encouraging thrift and savings. Let's check them out:·        Form Accessible: Building a Nidhi business is easy and doesn't involve a lot of legal work. Therefore, if you are starting a Nidhi Company & having Nidhi Company registration in Chennai, you won't have to worry as much because the RBI won't stop you in the middle.