REGISTRATION OF NIDHI COMPANIES
Nidhi Company means a company incorporated under the Companies Act, 2013 with the object of lending money among the members of the company.
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REGISTRATION OF NIDHI COMPANIES
It encourages the habit of saving and investing it into the company by members so that the accumulated deposits are used by company for lending the same to members subject to applicable provisions of the Companies Act, 2013 and Nidhi Rules.
Nidhi Company will be incorporated as a Public Limited company under the Companies Act, 2013 with minimum 3 directors and seven shareholders.
Benefits of Registering a Nidhi Company
- More appropriate replacement of co-operatives with Nidhi company.
- Less RBI supervision as compared to NBFCs.
- Less compliance with respect to capital and net worth as compared to NBFCs
- More credibility and long term stability.
- Separate Legal entity.
- Less rate of interest leading to cheaper borrowings and lending rates.
Why Us
- A full consultation to understand your requirement and to explain you the process from end to end
- All the paperwork needed to file your Income Tax return; we will keep you informed about the entire process and progress.
- We help you with all the processes and procedures needed for your Income Tax return.
