Nidhi Company Registration

23999

The emergence of this new concept of “Incorporating Nidhi Company” is very helpful for society. Nidhi companies are created for cultivating the habit of thrift and savings among its members.

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  • Registration can be within 10-15 Days.
  • Registration with the Ministry of Corporate Affairs, Government of India.
  • Regular assistance of CA & CS;
  • A minimum of 7 members are required to start a Nidhi company where 3 will be appointed as directors.
  • It can be formed as a Private limited company.
  • Less documentation to do.
  • The simple registration process with less compliance.
  • Less risky and helpful for its members for lending loans.
  • The promoter will be Director/ Managing Director;
  • A set process of Company Management;
  • The same person can become Director and Shareholder both;

Documents required:

  • Copy of PAN;
  • Copy of Election ID or Driving Licence;
  • Copy of AADHAR;
  • One Passport Size photograph;
  • Copy of Bank Statement 1st page and Last page for not more than two months older;
  • Copy of electricity bill for registered office address.

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