Nidhi Company Registration

Nidhi Company is a company registered under the Companies Act, 2013, which has a sole objective of cultivating the habit of thrift and savings amongst its members. Nidhi companies are allowed to take deposit from its members and lend to its members only. Therefore, the funds contributed for a Nidhi company are only from its members (shareholders) and used only by the shareholders of the Nidhi Company

Startuphouz offers Nidhi Company Registration at Rs.32,899/-

Nidhi Company Form

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Basic

32,899

all Inclusive fees

Nidhi company registration including 8 DSC, 3 DIN, 1 RUN Name Approval, PAN, TAN, Company Kit and LEDGERS accounting software.

(Fees Inclusive of government fee and taxes)

Basic

32,899

all Inclusive fees
Standard

46,999

all Inclusive fees

Nidhi company registration including 8 DSC, 3 DIN, 1 RUN Name Approval, PAN, TAN, Share Certificates, Share Allotment for upto 200 shareholders, Company Kit.

(Fees Inclusive of government fee and taxes)

Standard

46,999

all Inclusive fees
Premium

58,999

all Inclusive fees

Nidhi company registration including 8 DSC, 3 DIN, name approval, PAN, TAN, Share Certificates, Share Allotment for upto 200 shareholders, Company Kit, Trademark Filing and LEDGERS accounting software.

(Fees Inclusive of government fee and taxes)

Premium

58,999

all Inclusive fees
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Nidhi Company Registration

Nidhicompany is a class of NBFCs and RBI is empowered to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these Nidhis deal with their shareholder-members only, RBI has exempted the notified Nidhis from the core provisions of the RBI Act and other directions applicable to NBFCs. Therefore, Nidhi Company is an ideal entity to take deposit from and lend to a specific group of people.

Benefits of Nidhi Company Registration

Separate Legal Entity

A Nidhi company is a legal entity and a juristic person established under the Act. Therefore, a Nidhi company has wide legal capacity and can own property and also incur debts. The members (Directors) of a Nidhi company have no liability to the creditors of a Nidhi company.

Easy Management

The Board of Management of a Nidhi company can be easily changed by filing simple forms with the Registrar of Companies. The Board of Management of a Nidhi company controls the activities of the Nidhicompany.

Better Credibility

A Nidhi company enjoys better credibility when compared to Mutual Benefit Organizations. Nidhi companies are registered and monitored by the Central Government. Mutual Benefits Organization are on the other hand governed and monitored by State Governments.

Comprative Business

Private Limited Company One Person Company Limited Liability Partnership Partnership Firm Proprietorship Firm
Act Companies Act, 2013 Companies Act, 2013 Limited Liability Partnership Act, 2008 Indian Partnership Act, 1932 No specified Act
Registration Requirement Mandatory Mandatory Mandatory Optional no
Number of members 2 – 200 Only 1 2 – Unlimited 2 – 50 Only 1
Separate Legal Entity Yes Yes Yes No No
Liability Protection Limited Limited Limited Unlimited Unlimited
Statutory Audit Mandatory Mandatory Dependent Not Mandatory Not Mandatory
Ownership Transferability Restricted No Yes No No
Uninterrupted Existence Yes Yes Yes No No
Foreign Participation Allowed Not Allowed Allowed Not Allowed Not Allowed
Tax Rates Moderate Moderate High High Low
Statutory Compliances High Moderate Moderate Less Less