Nidhi Company belongs to the non-banking Indian finance sector and is acknowledged under section “406” of the Companies Act, 2013. Their core business includes borrowing and lending money between their members.The primary work of Nidhi Company can only be of cultivating the habit of thrift and savings amongst its members. It is receiving deposits from and lending to its members only for their mutual benefit.
We are aware of nidhi company registration online procedure to make the registration process in fastest way. Our professionals offer the best services in cost-effective nidhi company registration fees. You can contact us to get reliable and highly-experienced nidhi company registration consultants.
Key Points of Nidhi Company Registration :-
- It must possess a minimum paid up equity share capital of Rs. 5,00,000
- In just 14,900/- ( Inclusive of All Taxes )
- Lowest fees across India
- It takes 10 to 15 days for Nidhi Company Registration
- Instant access to Nidhi Software & Compliances
Nidhi Company is the perfect type of company for those who want to start a business with minimum capital investment.
As per the provisions of Section 406(1) of the Companies Act, 2013, the Nidhi Company as 'A company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members just for their mutual benefit.”What is ROC Compliance?ROC stands for Registrar of Companies which is an office under the Indian Ministry of corporate affairs that deals with the administration of the businesses Act, 2013.
ROC has been appointed under section 609 of the businesses act covering the varied States and Union Territories are vested with the first duty of registering companies and LLPs floating within the respective states and therefore the Union Territories and ensuring that such companies and LLPs suits statutory requirements under the act.
The office of ROC functions as registry records, associated with the businesses registered with them, which are available for inspection by members of the general public on payment of the prescribed fee.
It is important to comply with all compliances applicable to your company to avoid penalties and fines.Our kanakkupillai team will guide you through all these compliances required to be completed since the incorporation.
You can get your ROC Compliance for Private Limited Companies done through kanakkupillai.Advantages of Nidhi Company RegistrationEasy to Form the CompanyWith 7 persons during which 3 of them are going to be appointed as Director can start a Nidhi CompanyEasy registration processJust 10-15 days needed to registerCost-Efficient RegistrationWith Rs 5,00,000 because the minimum capital investment, Nidhi Company Registration in India are often started.
Nidhi Company is a type of NBFC company in finance sector and its primary work is only be of cultivating the habit of thrift and savings amongst its members.
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Contact Register Experts for Nidhi registration online and get the complete procedure done without going to any ministry or government office.
There is no need to take prior approval of RBI to start the business as a Nidhi company, you just need a minimum of 7 persons and 5 Lakhs capital to start the business but there is no maximum limit for the members as well as capital.
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You will get the certificate of incorporation, MOA, AOA, PAN, TAN, DIN & DSC of the directors and free GST registration within 15-20 days.