Nidhi Company Registration Online Services

Are you planning to establish a Nidhi company? Need assistance in this field? Do not worry, in this blog, all your hesitations will be eliminated by the information we will be sharing with you.

What is Nidhi Company?

First of all, it is important to know what is a Nidhi company. Thus, Nidhi is a non-banking financial company that is formed to lend and borrow money among its members. Nidhi organizations also work with the motive of practicing saving by performing financial transactions among its members.

It is another important topic that might still exist in your search list. But do not worry we have brought an end to your question. The Nidhi company registration fees vary from the company you choose. While you choose One Click Business Solutions for the task then you will be enjoying Nidhi company registration along with some other perks that you get only while you choose us for the task.

Know The Requirements of Nidhi Company Registration

There are some Nidhi company registration requirements that are set by the government authority. To register your company you need to meet the following criteria.

To register a Nidhi company there is a need to have at least seven members, out of which 3 must be designated as directors of the company.
A Nidhi company must have at least an equity share capital of Rs 5 lakhs.
Due to the Company Act, of 2013 the company must possess a limited company status.
It is mandatory to include the motive of the company (practicing savings among its members) in MOA.

Documents Required for Nidhi Company Registration

While you prepare yourself for registering a Nidhi company, make sure that you have already assembled the following documents,

Directors identification number (DIN)
PAN number of the employees and the directors
Residential and address proof of the employees and the directors of the company
Photographs of the suggested directors and the members of the Nidhi company
Adhar card, voter card, or any other identity proof
Proof of registered business place if the property is owned. In case the property is rented, then there is a need to
provide the rent agreement
MOA (Memorandum of Association)
AOA (Article of Association)

These are some of the basic documents required for Incorporation of Nidhi company .

Fast Procedure of Nidhi company Registration

Curious to know about the Nidhi company registration process in India? Here are the steps that are needed to be followed.

Get the Director identification number(DIN) and digital signature certificate (DSC)

It is the first step of registering the Nidhi company. The director of the company needs to have a director identification number to move ahead in the process. Along with DIN, a digital signature certificate (DSC) from an MCA-certified agency is important.

These agencies also seek some documents like DSC for authentication. A digital signature certificate is one of the most legit methods of signing the online forms and attesting the other documents for Nidhi company registration online .

Approval of the name

While registering a company, each and every one of us has a name in our mind. While planning to start a business, the first thing that comes to our mind is the name of the organization. There is a need to submit 3 preferable unique names to the MCA where one of those would be selected. The approved name remains valid for 20 days only. Also, remember to include Nidhi limited to the name of the company.

Apply for registration

Once the name of your company is approved the next step is to apply for the registration of the Nidhi company. The directors of the company need to file an application along with the Article of Association (AOA) and member of association (MOA).

Establishment certificate

We have almost come to the end of the Nidhi registration process. Once you are done with the rest of the task it is time to wait for the higher authorities to grant the certificate for the establishment of a Nidhi company. Through this certificate, you also get the company’s identification number (CIN).

Although the entire procedure might seem to be easy, it is not so. There are complications involved in the Nidhi registration process until you choose One Click Business Solutions for the task. Nidhi registration here is effortless. All you need to do is contact us and the rest will be taken care of by our professionals. Quick and efficient service is something that you can expect while the Nidhi company registration is conducted by us.