Nidhi Company
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About this Plan
Our Nidhi Company Registration plan offers comprehensive services to facilitate the smooth establishment of your Nidhi Company. Our experts will guide you through the entire registration process, ensuring compliance with all legal requirements and regulations.
Overview
Benefit
Documents needed
How to Register
An Overview
Nidhi Company is a type of non-banking financial institution that operates mainly in India. It comes under the Companies Act, 2013 and is regulated by the Ministry of Corporate Affairs. Nidhi Companies are formed with the sole objective of cultivating the habit of thrift and savings among its members.
Benefits
- Â Access to Public Funds: Nidhi Companies can accept deposits from their members, making it easier to raise capital.
- Limited Liability: Members’ liability is limited to the extent of their shareholdings, protecting personal assets.
- Easy Transferability: Shares can be easily transferred between members, enhancing liquidity.
- Trust and Credibility: Nidhi Companies are well-regulated, fostering trust and credibility among members and investors.
- Exemption from RBI Regulations: As a Nidhi Company, you are exempt from the stringent RBI regulations applicable to traditional banking institutions.
- No External Shareholding: Nidhi Companies are required to be owned and managed only by their members.
- Tax Benefits: Enjoy various tax benefits and deductions available to Nidhi Companies, reducing the overall tax burden.
Documents needed
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Director Identification Number (DIN) of Directors
- Digital Signature Certificates (DSC) for Directors
- Address Proof of Registered Office
- Identity and Address Proof of Directors
- NOC from the Property Owner (if registered office is rented)
- Declaration of Compliance
How It's Done
Our Online services have end-to-end online fulfilment provided by our professional. It’s very simple, completely digital, and available for all 365 days.
