A nidhi company’s primary source of revenue comes from lending and borrowing money only for its members. A nidhi company is able to offer its members money in exchange for deposits. Nidhi Company formation is a simple process that doesn’t need RBI permission. For Formation there must be at least three(3) directors and seven(7) members.
We assist budding entrepreneurs in precisely processing their nidhi company registration forms and completing the registration process in the quickest and most convenient manners.
Checklist:
- Have unique name
- Business activity
- Have atleast 3 directors and 7 members
- Shall have Authorised Capital of Rupees 5 lakh
Details and documents required:
- Unique name for name application
- Main object clause
- Directors cum first subscriber details and documents:
- Self-attested copy of Aadhar Card
- Self-attested copy of PAN Card
- Self-attested copy of Voter id/ Driving license/ passport
- Address proof (Latest Bank statement/Electricity bill/ Telephone Bill/ Mobile Bill of all directors and subscribers)
- Education qualification
- Occupation
- Mobile number
- Email Address
- Ratio of shares by each subscribers
- Copy of Electricity Bill/ Telephone Bill/ Water Bill not older than two months as a Proof of Registered office of Proposed Company.
- Rent agreement (If any)
- NOC for bill
Note: if proposed directors not having DSC then also needs to apply for DSC and following documents required for application of DSC:
- Self attested PAN CARD of directors
- Self attested Aadhar Card of directors
- Passport size photograph of directors
- Email address and mobile no. of directors