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Online Incorporation Service Of Nidhi Company

Nidhi Company is a Non-Banking Financial Company (NBFC). That is formed to borrow and lend money to its members. The idea of starting the company is to inculcate the habit of saving among its members. The company works on the concept of mutual benefit. These companies are popular in the southern part of the country. It is easy to form and register a Nidhi company and it easily gets a license from the Reserve Bank of India (RBI). It is registered as a public company and has “Nidhi Limited" as the last word in its name.

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Price Table
Plan - A

BASIC

18000
+ GST 18%

Who Should Buy
  • Annual Turnover under Rs. 5 crore
  • Business owners need to expand their business
  • Business owners require to convert existing firm structure into Public Limited company
Service Highlights
  • Certificate of Incorporation (COI)
  • Permanent Account Number (PAN)
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • DIN for 3 Directors
  • DSC for 7 Directors
  • PF Registration
  • ESI Registration
  • Current Account
  • NIDHI Licence
  • Free Logo & Digital Marketing
Documents Required
  • Directors PAN, AADHAAR, VOTER Card
  • Directors Electric Bill
  • Directors Driving Licence or Passport (If any)
  • Directors Last 6 months Bank Statement
  • Directors Photo
  • Directors Email and Mobile Number
Book Now
Plan - B

STANDARD

20000
+ GST 18%

Who Should Buy
  • Annual Turnover under Rs. 5 crore
  • Business owners need to expand their business
  • Business owners require to convert existing firm structure into Public Limited company
Service Highlights
  • Certificate of Incorporation (COI)
  • Permanent Account Number (PAN)
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • DIN for 3 Directors
  • DSC for 7 Directors
  • PF Registration
  • ESI Registration
  • Current Account
  • NIDHI Licence
  • Free Logo & Digital Marketing
  • MSME Registration
  • GST Registration
Documents Required
  • Directors Electric Bill
  • Directors Driving Licence or Passport (If any)
  • Directors PAN, AADHAAR, VOTER Card
  • Directors Last 6 months Bank Statement
  • Directors Photo
  • Directors Email and Mobile Number
Book Now
Plan - C

PREMIUM

24000
+ 18%

Who Should Buy
  • Annual Turnover under Rs. 5 crore
  • Business owners need to expand their business
  • Business owners require to convert existing firm structure into Public Limited company
Service Highlights
  • Certificate of Incorporation (COI)
  • Permanent Account Number (PAN)
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • DIN for 3 Directors
  • DSC for 7 Directors
  • PF Registration
  • ESI Registration
  • Current Account
  • NIDHI Licence
  • Free Logo & Digital Marketing
  • MSME Registration
  • GST Registration
  • Certificate of Commencement (COC)
  • Auditors Appointment (ADT-1)
Documents Required
  • Directors Electric Bill
  • Directors Driving Licence or Passport (If any)
  • Directors PAN, AADHAAR, VOTER Card
  • Directors Last 6 months Bank Statement
  • Directors Photo
  • Directors Email and Mobile Number
Book Now
FAQs

Q. What provisions apply to Nidhi Companies?

A. Following provisions apply to Nidhi companies. A Nidhi company is a Public Company registered under the rules and regulations of the Company Act, 2013. Thus, all the rules and regulations of the company act are applicable following the company Act, 2013. Though RBI provisions related to interest Rates payable on deposits are applied to this type of company. However, the Nidhi Rules, 2014 excluded Nidhi companies from the core provisions charges of the Reserve bank of India (RBI).

Q. Are the deposits with Nidhi Company secured and safe?

A.Yes, the Deposits with Nidhi companies are safe and secure because the Ministry of Corporate Affairs and Reserve Bank of India has framed rules and regulations to ensure the safety and security of Deposits. A Nidhi company is abiding by the rules and regulations of the central government. 

Q. What are the post-incorporation requirement of a Nidhi Company?

A. Once the Nidhi Company is incorporated it must fulfil the following requirements: It must have at least 200 members/shareholders. Minimum Net Owned Fund should be Rs. 10 Lakhs. Unencumbered term deposit must be at least 10% of the term deposit. The ratio of Net Owned Fund to term deposit should not be less than 1:20. 

Q.How the Nidhi Company utilizes the Funds procured by it?

A.The Nidhi Company uses the funds in lending to shareholders as per Nidhi Rules. It lends such money in the form of small loan for business and finance.

Q. What are the advantages we get from Nidhi company?

A. The most profitable advantage of a Nidhi company is that it is a sole office institution governed by its members exclusively without any involvement of the third party. A Nidhi company provides loans at minimal interest and minimum documentation to its members. Investments are much secure for these types of companies.

 

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