Nidhi Company Registration in Kolkata
Ideal for lending and borrowing amongst members
Starting At Rs. 24,999 Onwards
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(Takes 30-40 days)
What is a Nidhi Company?
Nidhi Company Registration in Kolkata – License from Reserve Bank of India is not a requirement, as Nidhi companies are classified as a class of NBFCs (Non Banking Financial Company) and Banking Companies, but its registration is less difficult than NBFCs. An initial capital of Rs.5 lakh and atleast seven people are required to start a Nidhi Company. Nidhi Company registration also require three directors initially. Every promoter or director shall need a copy of PAN card, ID proof and address proof to apply for Nidhi Company in Kolkata. It takes around 15 to 20 days to get Nidhi Company registration in Kolkata.
Nidhi Company Registration in Kolkata
Kolkata provides a healthy startup ecosystem, with all the right ingredients in the right mix – successful entrepreneurs turned angel investors, examples of startups at all stage – from early stage to funded to scale up to acquired or closed down, a strong talent pool, easy access to different kind of mentors, startup incubators and accelerators and ample opportunities to network through events and meetups. More and more events and opportunities are budding day by day for startups to network and interact with various stakeholders of the startup ecosystem.
Our offices are located all over India including in Kolkata, thus we provide Nidhi Company Registration in Kolkata, ROC compliances, tax fillings and Bookkeeping in Kolkata. Our team consist of attorneys, Chartered Accountants, Company Secretaries with years of experience who are passionate about their work. We believe in simplifying this journey for you. A simple form awaits to be filled by you and we will take care of the rest.
Why choose us for Nidhi Company Registration in Kolkata?
When you choose us for Nidhi Company Registration in Kolkata we promise undivided attention to you. Our team of experts ensures that your work is carried out with accuracy and detail. Our CRM system is designed in a way to provide tracking to each client about their work status and hence ensures quick completion of tasks. Our experienced support staff will help you at every stage of your work and advise you wherever needed.
Choose Nidhi Company because:
- Secured Investments
- Helpful for Lower and Middle Classes
- Minimum Documentation and Formalities
- No External Involvement in Management
- Low Rates of Interest
Steps to Nidhi Company Registration in Kolkata
1. Application of DSC and DPIN
DPIN and digital signature is necessary for Nidhi Company and all the partners have to apply for Nidhi Company. DPIN or Director’s PIN Number is issued by Ministry of Commerce and Affairs- Govt. Of India.
2. Name Approval
3 options are needed to be submitted as an option for the name of your Nidhi Company to the MCA, out of which one will be selected. Names provided should be completely Unique and Innocent.
3. MOA and AOA Submission
MOA and AOA needs to be submitted after the approval is granted for the name. Both MOA and AOA are filed with the MCA with the subscription statement.
4. Get Incorporation Certificate
It typically takes 15- 25 days to form a Nidhi company and get the incorporation certificate. It also includes your CIN number.
5. Apply For PAN, TAN and Bank Account
Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with bank to open your bank account.
Minimum Requirements for Nidhi Company Registration in Kolkata
|Before Incorporation||After Incorporation|
|Minimum 7 shareholders||Members not less than 200,|
|Minimum 3 Directors||Net Owned Funds of ten lakh rupees or more,|
|Minimum Capital of Rs. 10 lacs||Unencumbered term deposit of not less than 10 per cent of the outstanding deposits as specified in rule 14,|
|DIN for all directors||The ratio of Net Owned Funds to deposits of not more than 1:20.|
Documents Required For Nidhi Company Registration in Kolkata
- Copy of Director’s PAN Card
- Passport size photograph of Directors
- 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)
Advantages of Nidhi Company
Name of the Nidhi Company should be decided keeping in mind the following factors-
- No Minimum Share Capital is Required
- Tax Benefits
- Easy Transfer of Ownership
- No Stamp Duty
- Clear Objectives for easy donations and loans
- Easy to Manage
- Exemptions and Privileges under Companies Act, 2013
- Relaxation in Compliances