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Nidhi Company Registration (INR 29,999 /-)

Boasting of all features of public limited companies, Nidhi Company is the most sought after option for entrepreneurs willing to get into finance industry

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Nidhi Company Registration

Nidhi Company Registration

INR 29,999 /- All Inclusive, No hidden Charges

Free Company Name Search Name Reservation
Free Consultancy Certificate of Incorporation
7 DSC, PAN & TAN 5 Copy of MOA & AOA
DIN of 3 Directors Share Certificates

* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh, Sikkim

* Charges extra for NRI/Foreign Directors

Nidhi Company

INR 29,999 /-

No Govt. Fees

Company Registration in just 15-20 Days

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Nidhi Company Registration in India

Nidhi is a Hindi word, which means finance or fund. So, Nidhi Company can be defined as bank where only its members can deposit money or take loan.   It is kind of mutual benefits society in India in the form of a company.  Since Nidhi companies are registered as public limited companies; therefore, it has all the features of public limited companies such as limited liability of its members.

The main thrust to register Nidhi Company in India is to promote the saving habits among its members for their mutual benefits.

Nidhi Company has following features:

  • Public Company: It has to be registered as a public company.
  • Capital: Minimum paid up equity share capital shall be of Rs. 5 Lakh.
  • Object: Nidhi shall have object of promoting the habit savings amongst its members in its MOA.
  • Minimum Members: It must not have less than 200 members.


Why Nidhi Company:

  • If you want to start your business in financing industries, then it is the best vehicle to kick start your plan.
  • Though Nidhi Company comes under the broad category of NBFCs (Non-banking Financial Companies), yet it is exempted from stringent regulatory compliances, which otherwise you have to follow if you start NBFCs.
  • It is beneficial to raise money within tightly-knit groups.
  • Since Nidhi company gives a loan to its members, only if members provide some sort securities such as Gold, silver, jewellery, properties or any type of financial securities e.g. FD receipts, National Saving Certificates (NSCs) etc., so this mechanism protects the risk if some members fail to pay back money borrowed.

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Required Documents for Nidhi Company Registration

Following are the documents required for company incorporation for each director/ shareholder

  • Self attested PAN card copy.
  • Four Photographs.
  • Self attested copy of any one of the Identity Proof like Driving License, Passport, Voter ID & Adhaar Card
  • Self attested copy of any one of the Address Proof like Bank Pass Book/ Bank Statement, Telephone Landline Bill, Mobile Bill & Electricity Bill
  • Company Address proof Electricity Bill, Telephone Bill, Mobile Bill & Gas Bill, AND Rent Agreement (if rented) AND NOC for doing Business & for taking Registration.

What We Do

Step 1
Receiving Documents & Apply, DIN & DSC
1-2 Days

Step 2
Drafting MOA and AOA electronically in Spice MOA (INC-33) and Spice AOA (INC-34)
5-8 Days

Step 3
Submission of Spice Form INC-32 along with link Form Spice MOA (INC-33) and Spice AOA (INC-34)
9 to 14 Days

Step 4
Certificate Of Incorporation, PAN & TAN
15 to 20 Days

 

FAQs

No, Trust or Body Corporate can not be admitted as a member of Nidhi Company.

Nidhi Company can not issue preference shares, and If preference shares had been issued by a Nidhi before the commencement of Companies Act, 2013, then such preference shares shall be paid back to preference shareholder in accordance with the terms of issue of such shares.

No, A minor shall not be admitted as a member of Nidhi but deposits may be accepted in the name of a minor, if they are made by the natural or legal guardian who is a member of Nidhi.

Here, “Net Owned Funds” means the aggregate of paid up equity share capital and free reserves as reduced by accumulated losses and intangible assets appearing in the last audited balance sheet.

Proceeds from issue of preference share shall not be included in Net Owned Funds.

Latest Blog

Difference between Mutual Funds and Nidhi Company
Difference between Mutual Funds and Nidhi Company

Nidhi Company and mutual fund are two distinct form of business as they differ in terms of their objectives, and the nat ....

  • January 2018
  • Registrationwala
Requirement of Nidhi Company Registration
Requirement of Nidhi Company Registration

Nidhi Company has been derived from Hindi word treasure. It is a form of company meant for habit of saving fund between ....

  • May 2017
  • Registrationwala
Nidhi Company Can Give Loans
Nidhi Company Can Give Loans

Nidhi Company has been taken from the Hindi word Nidhi means treasure. Nidhi company follow Companies Act, 2013.These co ....

  • March 2017
  • Registrationwala

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Step into the World of Business with us

  • Ideal For
  • Requirements
  • Initial Investment
  • Tax Advantages
  • Compliances
  • Time Taken in Incorporation

ONE PERSON COMPANY INR 4,999/-

  • Sole Promoters
  • 1 Director & 1 Nominee
  • Not Required
  • Few Tax Advantages
  • Moderate Compliances
  • 7-8 Days

LIMITED LIABILITY PARTNERSHIP INR 6,999/-

  • Professionals
  • 2 Partners
  • Not Required
  • Few Tax Advantages
  • Less Compliances
  • 15-25 Days

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