NIDHI COMPANY REGISTRATION

Start your Loan providing business Today by registering Nidhi Company

RS. 28,999/-


Registration Process take 10 Working Days

Nidhi Company Registration






    NIDHI COMPANY REGISTRATION

    Nidhi Company Registration
    • Nidhi Company registration in India is governed by Section 406 Companies Act, 2013 & Companies (Nidhi Companies) Rules of 2014.
    • The Nidhi company is mainly incorporate for the accepting Deposit & provides loans to its members for the Mutual Benefits each other.
    • The Nidhi Company act as a treasure for its shareholders because it only accepts & lends money to its shareholders.  The function of Nidhi company is like NBFC (Non-banking financial company) but it’s not strictly governed by the all RBI provisions which binding on banks or financial institutions.
    • The Nidhi Company having the feature of separate legal entity in the eye of the law, Raise or borrow funds or capital or money from its members in form Deposit, ease in transfer of the company shares without any problem, Limited liability of its members or shareholders up to the value of shares subscribed & also invite money through FDI (Foreign Direct Investment). 
    • If a Nidhi Company does any default in the payment of any creditors of the company then they have right to file suit against the company for recovery of his dues & sell the assets of the company but there is no personal liability of members towards the payment of any dues. 
    • If you want to start a business of loan financing in India without RBI approval then Nidhi company registration is one of the best Decision.

    We EstellaConsultancy provides Nidhi Company Registration & its annual compliance relating services in the whole of India.

    Nidhi Company Registration Package

    • Name Approval Certificate
    • DIN/DSC for 7 Members
    • MOA & AOA
    • PAN & TAN Registration certificate
    • Stamp duty payment challan
    • Support to open Bank Account
    • Nidhi Company Registration certificate

    Why Choose Nidhi Company?

    • Limited Liability of Members.
    • Separate legal status in the eye of Law.
    • Ease of Transfer of shares.
    • Tax Exemption in Income Tax Act.
    • Better Credibility.
    • Continuous Existence.

    MINIMUM REQUIREMENT FOR NIDHI COMPANY REGISTRATION

    • Minimum 7 Members but increased to Minimum 200 members within 1 year of Incorporation.
    • Minimum 3 Directors.
    • Minimum paid-up capital Rs. 5 lakh but increased to Rs. 10 Lakh within 1 year of Incorporation.
    • Registered office for Nidhi Company
    • All Directors have a DIN (Director Identification Number).
    • The Nidhi Company has a Business Objective of Accepting Deposit & Lend money to members.

    Procedure For Company Registration

    Fill our Simple Form

    Obtaining DSC and DPIN

    Name Approval and verification

    Document Submission

    your work is completed

    TIPS FOR NIDHI COMPANY NAME SELECTION

    UNIQUE

    The name of the proposed company shall be unique and related to its business activities (eg. Reliance petroleum ltd (petroleum is the business activity of reliance company).

    SIMPLE & SHORT

    The name shall be simple to pronounce or easy to learn and also short (eg. Tata Consultancy Ltd).

    LEGAL NAME

    The proposed company name shall not be illegal & also have legal business objectives (eg. ISIS limited (it's illegal because ISIS is terrorist organization).

    NO OFFENSIVE NAME

    The name shall not create any religious, culture, community violence & not offensive (eg. Pakistan terrorist group Ltd. (the name is offensive & against the law).

    SUFFIX

    The name of the company shall suffix with "Nidhi" or "LLP" (In case LLP registration).

    NOT SIMILAR TO EXISTING COMPANY NAME

    The name of the company shall not be matched & related to the name of an existing company & also not related to Trademark already registered.

    DOCUMENTS FOR NIDHI COMPANY REGISTRATION

    DOCUMENTS OF DIRECTORS & MEMBERS

    1. Passport Size Photo.
    2. Identity Proof (Driving License or Passport or Voter ID).
    3. Address Proof (Mobile Bill or Electricity bill or Bank Statement).
    4. PAN Card (Mandatory).
    5. Passport is mandatory for Foreign National or Non-Resident India (NRI).
    6. Aadhar Card.
    7. Mobile No.
    8. Email Id.
    9. Qualification
    10. Occupation.

    DOCUMENTS OF COMPANY

    1. Name of the Company.
    2. Business Objective (A company registration is done for only one objective).
    3. Authorized Share Capital.
    4. Paid Up Capital.
    5. Registered Office of the Company.
    6. Property Owned (Sale Deed or Electricity Bill) OR Property Rented ( Rent Agreement)​​​​.

    STEPS FOR NIDHI COMPANY REGISTRATION

    1. COLLECTION OF DOCUMENTS

    1. We send you a checklist of documents required.
    2. Send us a scanned copy of all documents as per the checklist.
    3. We check the documents as per checklist
    4. All the documents attested & Notarized

    2. PREPARATION OF DIGITAL SIGNATURE CERTIFICATE (DSC)

    1. Fill the DSC application form along with an attested copy of PAN card, Identity proof, Address Proof, Mobile No., & Email id, etc.
    2. Filing of Application with the relevant authority of Digital signature.
    3. Authority send OTP (One time Password) on Registered Mobile no. & Email Address
    4. Record the 30 seconds video of the person for which DSC is to be registered.
    5. Download DSC (Digital Signature certificate) in E pass Token.

    3. APPLICATION FOR DIRECTOR IDENTIFICATION NUMBER (DIN)

    1. Preparation of Form DIR – 3 for DIN Number.
    2. Filing of Form DIR – 3 with ROCs (Registrar of Companies) along with requisite fees & Documents.
    3. Download the DIN Number of proposed Directors of the Company.

    4. APPLICATION FOR NAME APPROVAL

    1. The Company name suggested by the Proposed Director or members of the company.
    2. The name should be as companies act 2013 & relevant rules & regulations for Company name.
    3. The Proposed company name shall be Unique & contain word related to its business Activities, not related to any trademark.
    4. The name of the company is suggested by Directors or Members for company registration is checked by our professional teams.
    5. Preparation of Form RUN (Reserve Unique Name) & filing with relevant authority along with the fees of INR 1000.
    6. The name approved by the relevant authority after checking all legal provisions.
    7. The Unique Proposed company name is valid for 20 days.

    5. PREPARATION OF INCORPORATION DOCUMENTS

    1. Collection of All documents as per checklist for Company registration.
    2. All Documents are attested & Notarized.
    3. Check eligibility criteria for proposed Directors & Members.
    4. Preparation of Affidavit of proposed Directors & Members.
    5. Preparation of E – Memorandum of Association (MOA) SPICE form 33.
    6. Preparation of E – Articles of Association (AOA) SPICE form 34.
    7. The identity proof (Voter id / Driving License / Passport) & Address proof not older than 2 months (Bank statement / Mobile bill / Electricity bill / Telephone bill) shall be attested by proposed Directors & Members.

    6. PREPARATION OF SPICE FORM 32 & APPROVAL OF ROCs.

    1. The details fill in SPICE FORM 32 of the proposed company, Directors, Members & other important Information.
    2. Attachment of E- MOA, E – AOA, Identity proof, Address proof, proposed Company registered office documents.
    3. Scrutiny of the application form by the team of our professional.
    4. The following list of documents required to attach with Spice – 32 are:-  
    • E- Memorandum of Association (MOA) (Spice Form 33);
    • E- Articles of Association (AOA) (Spice Form 34);

    6. Attach the DSC (Digital Signature Certificate) of Practising professional & authorized person for proposed company registration (Normally Director).

    7. APPLICATION FOR PAN & TAN

    1. Application of PAN no. & TAN no. along with details like Area code of registered office, Rent agreement, etc insert in SPICE form 32.
    2. The relevant authority shall issue the company PAN card. & TAN certificate along with the company registration certificate.

    8. FILING OF INCORPORATION DOCUMENTS

    1. After checking all details & scrutiny done by professional of SPICE form 32.
    2. The Filing of E- Form with ROCs along with Government fees.
    3. We also pay stamp duty as per state of registration on E – MOA & E – AOA along with SPICE form 32.
    4. After filing the Company registration form, the SRN (Service request Number) is generated to check the further status of the application.
    5. Our professional follow up with relevant authority for Company registration.

    9. GET CIN CERTIFICATE

    1. The ROCs check all details of company registration.
    2. The CIN (Company Identification Number) is issued by the ROCs along with a Certificate of Company registration.
    3. The CIN is consists of 16 digits combination of alphabets & Numbers.

    10. PREPARATION OF SHARE CERTIFICATES

    1. After company registration, we prepared Share certificates of Company Shareholders.
    2. A share certificate is signed by 2 Authorised signatory of the company and 1 by practicing professional.

    11. DELIVER INCORPORATION KIT

    The incorporation kit of the company contains the following Documents are:-

    1. Name approval certificate.
    2. DIN of Directors.
    3. DSC of Directors & Members.
    4. MOA (Memorandum of Association).
    5. AOA (Articles of Association).
    6. A hard copy of SPICE form 32.
    7. A hard copy of attachment of SPICE form 32.
    8. Copy of PAN card.
    9. Copy of TAN Certificate.
    10. Original Certificate of Company registration.
    11. Original Share certificates.

     

    FAQ

    RELATED TO NIDHI COMPANY REGISTRATION

    We need a minimum of 3 directors & maximum 15 directors.

    Yes, Director & member can be the same person but the Director of the company is always a Natural person.

    Yes, Individual or organization can become a member of the company.

    No, The fees recovered by our organization is inclusive of all professional. government & Other charges. we will provide you invoice with a proper bifurcation of charges paid at the time of company registration.

    As on date company registration is a 100% online process. The directors or members are not required to visit any government department for company registration.

     

    Yes, The Estellaconsultancy provides all service to its customers from name application to Company bank account opening.

    Normally, Estellaconsultancy register your company with 20 working days from receipt of all documents for company registration.

     

    No, there is no education qualification is required to become Director or member of the company but the person can do a contract (major) to become director of the company.

     

    No, if a person wants to become a sole member of the company then he required to form OPC (One person Company).

    Yes, NRIs/Foreign Nationals can become a Director in Nidhi Company but they all have DIN (Director Identification Number) and not disqualified under section 164 of companies act 2013.

     

    Yes, NRIs/Foreign Nationals can become a Member of the Nidhi Company.

    Yes, It compulsorily to have registered office for company registration.

    Yes, a Working person can form a Nidhi company and become its member & Director.

    Yes, Company invites Foreign Direct Investment (FDI) in the Nidhi Company by foreign nationals but required to inform RBI for such transaction.

    ×

    Table of Contents