Nidhi Company Registration
About Nidhi Company
Why Choose a Nidhi Company?
Compliance Requirements for Nidhi Company
Documents Required for Nidhi Company Registration
Why Choose GST & TAX SOLUTION?
About Nidhi Company
A Nidhi Company is a type of Non-Banking Financial Company (NBFC) that focuses on borrowing and lending money among its members. It is governed by the Ministry of Corporate Affairs (MCA) and does not require RBI approval.
Why Choose a Nidhi Company?
- Easy to form and operate
- No external interference as it is member-owned
- Encourages savings among members
- Limited compliance compared to other NBFCs
- Separate legal identity with perpetual succession
Compliance Requirements for Nidhi Company
- Maintain Net Owned Funds of Rs. 20 lakhs
- File Annual Returns & Financial Statements with MCA
- Statutory Audit by a Chartered Accountant
- No external business activities except borrowing & lending among members
- Minimum 200 members within one year of registration
- Follow Nidhi Rules, 2014 and Companies Act, 2013
Documents Required for Nidhi Company Registration
- PAN Card of all directors & members
- Aadhaar Card or other identity proof
- Address proof (Bank Statement, Utility Bill)
- Registered office proof (Electricity Bill, Rental Agreement)
- Digital Signature Certificate (DSC)
- Passport-size photographs of directors
Why Choose GST & TAX SOLUTION?
- Expert guidance for hassle-free company registration
- Compliance management to avoid penalties
- End-to-end support for document preparation & filing
- Affordable pricing with transparent service charges
- Dedicated support for post-registration compliance