Nidhi Company Registration
2 DIN + 2DSC + Name Approval + COI + MOA + AOA + PAN + TAN
32,899* Contact Us
How To Register Nidhi Company Registration ?
Obtain a Digital Signature Certificate (DSC).
Step 1
Obtain Director Identification Number (DIN).
Step 2
Prepare MOA and AOA.
Step 3
Nidhi Company Registration
Online Company Registration in India at just Rs. 32,899/- (all inclusive)
A Nidhi Company is a non-banking financial company (NBFC) operating in India, governed by the Nidhi Rules, 2014, and recognised under Section 406 of the Companies Act, 2013. Functioning as a public limited company, its core objective revolves around promoting thrift and savings among its members while providing financial assistance to them through lending.
Benefits
Easy Formation
Nidhi Companies boast a straightforward and hassle-free formation process with minimal requirements, making it accessible for those looking to establish such entities.
Non-Compliance with RBI
Nidhi Companies are not bound by the Reserve Bank of India (RBI) guidelines, allowing them to set their own operational rules and regulations.
Lower Risk
Transactions involving lending, borrowing, or depositing are carried out by members of the Nidhi Company, reducing financial risks and ensuring a sense of security within the community.
Economic Registration
The registration process for a Nidhi Company is cost-effective when compared to other Non-Banking Financial Company (NBFC) registration procedures, which facilitates easier access to business loans and financing options./p>
Savings Promotion
Nidhi Companies play a pivotal role in promoting a culture of saving among the Indian population, thereby contributing to financial prudence.
Net-Owned Funding System
Nidhi Companies typically adopt a cost-effective net-owned funding system, which can enhance their business growth prospects by efficiently utilizing their own resources and funds.
Documentation & Pricing
List of Documents Required For Company Registration
A. Documents of Directors/Shareholder
- Applying for DIN and DSC,
- MoA & AoA,
- Name Approval Process,
- Application for Registration,
- Certificate of Incorporation (CIN),
- SPAN, TAN, and Bank Account,
B. Documents For Registered Address
- Proof of Premises: Telephone, Electricity, Water Bill,
- No Objection Certificate (NOC) From Owner,
How to Register?
The Company Registration is a Legal Process, here is the List of Steps that are followed during the process of Private Limited Company Registration in India
Step-1:Applying for DIN and DSC
Documentation plays an important role in online company registration in India. Primary documents of all shareholders and directors such as PAN, ID, and address proof are presented along with the proof of registered address of the company. For registered addresses, utility bills such as electricity bills, water bills, or registered address telephone bills are filed with the NOC from the owner of the premises. The list of required documents is provided above the list of documents required for your reference.
Step-2:MoA & AoA
The name of each company should be unique and should not infringe on the name of another company or any other trademark. We assist you by conducting a detailed search in the MCA and trademark database for a possible match to the name. Please refer to our detailed discussion on the name approval guidelines of company name approval guidelines for company registration.
Step-3:Name Approval Process
DSC is equivalent to physical or paper signature under the Information Technology Act. For the registration of a company, all applications to the ROC are filed in digital format signed by its proposed director. The filing process of the company registration begins with the issue of a digital signature for the shareholder and director of the company.
Step-4:Application for Registration
RUN is the name of an online application, to be used to apply for ROC approval for the company's proposed name. The RUN application can be filed with two proposed names of the company in order of preference, with a note on the importance of the name and business activities.
Step-5:Certificate of Incorporation (CIN)
After approval of the company name, we have to file a formal application for incorporation of the company as SPICE to ROC with appropriate documents as attachments. The documents to be attached to the Spice Form are the company's MOA, AOA, KYC documents of the promoters, and proof of address registered with the NOC from the landlord. The DSC of the promoters is then used to sign the application, which is then forwarded to a Chartered Accountant, Company Secretary, Cost Accountant, or a lawyer practicing in the High Court. The government filing fee for company registration depends on the company's proposed capital.
Step-6:PAN, TAN, and Bank Account
After verification of the application for company registration, the final stage of company registration is to issue a certificate of incorporation of the company. The issue of registration certificate of the company is the conclusive proof of registration of the company by the ROC.
FAQs
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1. Do we need your Physical presence during Online Company Registration Process?
No, Private Limited Company Incorporation is a fully online process as all the documents and e-forms are to be filed electronically on MCA Portal. You just need to send us scanned copies of all the required documents & forms. So, your physical presence is not required at all. -
2. What is Digital Signature Certificate (DSC)
The DSC is an instrument which looks like a pen drive but it is nothing like a pen drive. It enables you to sign the documents like PDF electronically. -
3. What is the annual cost to run a private limited company?
You can expect an annual expenditure of around Rs.25000 which involves 3 important aspects: Accounting & Auditing, Annual Compliance & Misc. Compliance expenditure. -
4. What are articles of association (AOA) and memorandum of association (MOA)?
MOA & AOA contains all the rules, vision and mission of your private limited company, and defines the exact roles and responsibilities of shareholders and directors. -
5. How many Directors & hareholders can be a part of same company?
Minimum two directors are needed for a private limited company. The maximum members/ shareholders can be 200.
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