Nidhi Company Registration
Tailormade is a global leader in offering end-to-end assistance for company compliance. We offer digital solutions to legitimately register and comply with the prescribed laws. Our expertise is internationally recognized for coordinating and offering support online & offline. We follow a seamless interactive process for Nidhi Company registration in India. Our team always provides a crystal clear picture of the incorporation process while meeting real-time expectations. Discover more about what Nidhi Company is with our experts.
Nidhi Company is classified as an NFBC (a Non-Banking Financing Company). Its core function is to lend money between its members. The Ministry of Corporate Affairs regulates & RBI monitors it. We help you to register it under Section 406 of the Companies Act, 2013. We have over a decade-old experienced team of CA, CS, and proficient lawyers. It is an expert in guiding you about how to overcome challenges while registering this company in a fast turnaround time. Our Nidhi Company registration consultants also help in proper documentation, preparation, filing, and following up with ROC.
Discover Advantages that this Company Offers
Limited RBI Regulatory Compliance
This company can be incorporated as a Public Limited Company. The RBI licence is not necessary to be acquired for running it.
Less Risky
This type of company can offer loans and also, accept deposits with its members only. The outside investors are not allowed.
Less Risky
This type of company can offer loans and also, accept deposits with its members only. The outside investors are not allowed.
Limited Capital Requirement
According to Nidhi Rules in 2014, the minimum capital requirement for registering it is INR 10 lakhs only.
Simple Process
You require seven members, together with some basic documents for incorporating this company with the MOA.
Uninterrupted Life Cycle
This company continues to run even if one member dies, turns insolvent, insane, or takes retirement. It defines its continued life cycle.
Encourage Savings
This company promotes the idea of saving and an economical lifestyle. The benefit of the company is mutual and each member can borrow money, or accept financial gains.