Nidhi Company Registration Process,Budget And Documents.Start Your Nidhi Company.

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What is Nidhi Company Registration

“Nidhi” is a Hindi word, which means finance or fund. Nidhi means a company which has been incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its members only for their mutual benefit.

Nidhi company registration requires minimum 3 members. All the Nidhi company’s incorporated shall have the last word as “Nidhi Limited” as part of its name. Nidhi company is easy and economical to register.

Nidhi company requires minimum 3 members. It might not issue preference share. If preference shares have already been issued by a Nidhi Company before initiation of this Act, such preference shares are to be redeemed in accordance with the terms of issue of such shares. All the Nidhi company’s incorporated shall have the last word as “Nidhi Limited” as part of its name. Nidhi Company Registration is done through Indian Legals.

A Nidhi Company is known under different names such as a mutual benefit company, mutual benefit funds, benefit funds and Nidhi permanent fund. These are mutually benefit owned societies.

Choose Nidhi Company because :

No External Involvement in Management

Helpful for Lower and Middle Classes

Low Rates of Interest

Secured Investments

Minimum Documentation and Formalities

Documents Required For Nidhi Company Registration

Copy of Director’s PAN Card

Passport size photograph of Directors

Low Rates of Interest

Copy of Aadhaar Card/ Voter identity card of directors

Copy of Rent agreement(If rented property)

Electricity/ Water bill (Business Place)

Copy of Property papers (If owned property)

Landlord NOC (Format will be provided)

WELCOME TO INDIAN LEGALS

About

Indian Legals is a premier business advancement org. Indian Legals offers tech-enabled legal solutions in association with large no. of practitioners at all the major cities in many countries. Indian Legals was founded at India in 2013 with a small group of senior practitioners.

Indian Legals offers legal solutions to the medium and large size businesses and institutions by arranging interactions with indian Legals (members of indian Legals, those are either industry practitioners or experienced professionals). Indian Legals comes from different areas of specialization and are well known for their work locally. Find more about them at indianlegals.com

Private Limited Company

Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum of two members and a maximum of fifty members. The directors of a private limited company have limited liability to creditors.

One Person Company

A One Person Company (OPC) is the latest form of business launched in the year 2013. OPC is for single owner/founder who do not find any organized and safe form of business, OPC can be formed by a single member with least compliances and maintenance.

LLP (Limited Liability Partnership)

LLP is a partnership firm with additional benefits of a private limited company. It is launched in the year 2008, LLP offers various benefits over the traditional partnership firms. One of the best LLP benefit is that personal assets are safe under LLP but not in traditional firm.

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