What is Nidhi Comapany?
A “Nidi Corporation” is a legal entity that “manages deposits and loans” from shareholders and works for mutual benefit.
Accordingly, the ‘Nidhi Company’ was granted certain exemptions with respect to annual compliance and tax assessments.
Nidhi companies in India are incorporated, managed and managed in accordance with Section 406 of the New Companies Act 2013, Companies (Nidhi Companies) Regulations 2014 and Chapter 26 of Companies Regulations 2014. We provide the best Nidhi Company registration services and made the process easy for you.
Nidhi Company Registration
Section 406 of the Companies Act, 2013 and Companies (Nidhi Companies) Regulations, 2014 contain all the arrangements for joining and managing Nidhi companies in India. If you want to register Nidhi company then choose Taxesquire. We provide the best services.
Nidhi Companies’ rules and guidelines are also set by RBI. These are primarily identified by financing activities and investments by companies, including NBFCs. Interest on loans under Nidhi Society is very reasonable. Progress is given to security, so to speak. Deposits under Nidhi earn less interest compared to deposits in the select banking sector. All credits and borrowings of Nidhi Companies are made solely by its members. Such organizations therefore additionally refer to mutual interest groups.
If you’re interested in establishing a Nidhi company and seeking seamless registration services, you’ve come to the right place. Our online platform offers a streamlined process for Nidhi company registration, ensuring a hassle-free experience. Our expert team is well-versed in the entire registration process and can guide you through each step with ease. We understand the specific requirements of Nidhi finance company registration and can assist you in gathering the necessary documents for a smooth application. Additionally, we provide transparent information regarding Nidhi company compliance fees, ensuring you have a clear understanding of the financial aspects involved. Our comprehensive services cover the entire procedure for incorporation of a Nidhi company, ensuring compliance with legal requirements. With a focus on efficiency and affordability, we offer competitive Nidhi company registration costs. Establishing a Nidhi company comes with numerous benefits, including the ability to engage in the business of lending and borrowing within a restricted group. To avail yourself of these advantages, simply reach out to us, and our team will be happy to assist you with Nidhi company registration services near your location.
Documents Required
- Passport Sized photographs of directors.
- ID proof of all the designated directors and shareholders.
- Address proof of all the directors and members (Ration Card, Aadhaar Card, Passport, Voter ID, and Utility Bill – electricity/water/mobile).
- Address Proof of the Company. (not older than 2 months).
- Copy of the Property papers (if the property is owned).
- NOC (No-Objection-Certificate) from the owner (if the property is rented).
Benefits of NIdhi Company
- Limited Liability
- Few Regulations
- Good Credibility
- Easy Access of Public Funds
- Easy Processing
- Simple Registration Process
- Low Capital Requirement
- No External Involvement
- Separate Entity