NIDHI COMPANY REGISTRATION
IDEAL FOR START-UPS GOING FOR FUNDING & GROWING BUSINESS CONTACT US BY FILLING THIS FORM
NIDHI COMPANY REGISTRATION
“Nidhi” is a Hindi word, which means finance or fund. Nidhi means a company which has been incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its members only for their mutual benefit.
Nidhi company requires minimum 3 members. It might not issue preference share. If preference shares have already been issued by a Nidhi Company before initiation of this Act, such preference shares are to be redeemed in accordance with the terms of issue of such shares. All the Nidhi company’s incorporated shall have the last word as “Nidhi Limited” as part of its name. Nidhi Company Registration is done through Legal Belief.
Choose LLP because
- Double advantage of a company and a partnership
- One partner is not responsible for another partner’s misconduct
- Cheaper to incorporate than a private limited company
- Limits the liabilities of its partners
WHAT IS INCLUDED IN OUR PACKAGE
DPIN for 3 Directors
Digital Signature For 3 Directors
Name search & approval
MOA/AOA
registration Fees
Company PAN Card
PROCEDURE FOR NIDHI COMPANY REGISTRATION
Complete our Simple Form
You are required to fill in the details in our simple questionnaire and submit documents.
START
Obtain DSC and DIN from us
We will provide you with DSC and DIN. To proceed further, you need to give your approval.
3 WORKING DAYS
Verification and Name Approval
For further procedures, details provided by you will be verified by our experts.
2 WORKING DAYS
Document Submission
We will create all the required documents and file them with ROC on your behalf.
6 WORKING DAYS
Your work is completed.
Once your company is incorporated, we shall send you all the documents and DSCs
CONGRATULATIONS
DOCUMENTS REQUIRED FOR LLP REGISTRATION?
Copy of PAN Card of partners
Passport size photograph of partners
Copy of Aadhaar Card/ Voter identity card
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers (If owned property)
Landlord NOC (Format will be provided)
MINIMUM REQUIREMENTS BEFORE INCORPORATION
MINIMUM REQUIREMENTS AFTER INCORPORATION
Minimum number of 200 Shareholders
Net owned Fund shall not be less than Rs. 10 Lacs
Unencumbered deposits of not less than 10% of the outstanding deposits
Net owned funds to deposits ratio should be more than 1:20
Every Nidhi company shall have the above requirements after one year of its incorporation. If the company fails to fulfill the requirements, then such company is prohibited from accepting any more financial deposits
Faq's
– Yes, you need a minimum of 3 Directors for a Nidhi limited company.
– Any individual can become the member of the Nidhi limited company including foreigners/NRI.
– The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents have to be sent via mail.
– There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
– Legal Belief.com can incorporate a Nidhi Limited Company typically in 30-40 days. The time taken also depends on relevant documents provided by the applicant and speed of approvals from government. To ensure speedy registration, please pick a unique name for the proposed Company and make sure you have all the required documents prior to starting the registration process.
– Yes, after acquiring DIN/DPIN an NRI or Foreign national can become a designated partner in Nidhi Company. However, at least one of the Directors of Nidhi Company must be a Resident of India.
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