Nidhi Company Registration in Mumbai
Ideal for lending and borrowing amongst members
Starting At Rs. 22,999 Onwards
SAVE 60% COST…!!!
(Takes 30-40 days)
What is a Nidhi Company?
Nidhi Company registration in Mumbai- Nidhi means “Treasure”. A Nidhi Company is a company that is formed for Deposit and Lending activities within the members (members only).
Nidhi Companies are categorized as a class of NBFCs and governed by section 406 of Companies Act 2013 read with Nidhi Rules 2014. Although Nidhi Companies are classified as NBFCs, RBI approval is not necessary to register the company. Due to their dealing with funds of members only (no public funds involved),RBI has exempted Nidhi Companies from core provisions of RBI Act and other directions applicable to NBFCs.
A Nidhi company incorporated under this act is a public company. It takes around 15 to 20 days to get a Nidhi Company registered in Mumbai.
Nidhi Company Registration in Mumbai
Mumbai take the title of India’s commercial and financial capital with great talents and potential customers. Thus, entrepreneurs looking for big investors chose Mumbai as their destination. Mumbai is one of the best destination at the present for all the start-ups. Entrepreneurship in Mumbai is attractive because of the infrastructure and talent.
Mumbai is the commercial capital of India, trails Bengaluru and Delhi-NCR when it comes to startups, according to NASSCOM’s Startup India
With Mumbai being the hub of all startups, Nidhi Companies Registered in Mumbai can cater to the funding needs of entrepreneurs to start their dream startups in Mumbai becoming shareholders of the Nidhi Company. By outsourcing Nidhi Company Registration in Mumbai to us you can focus on the core business activities and nurture your business.
Our office and franchisees being located all over India including Mumbai, we provide Nidhi Company Registration in Mumbai to ROC compliances of Nidhi Company, tax fillings, and Bookkeeping in Mumbai. Our team consists of attorneys, Chartered Accountants, Company Secretaries with years of experience who are passionate about their work. We believe in simplifying this journey for you. All you have to do is fill a simple form and we take care of the rest.
Why choose us for Nidhi Company Registration in Mumbai?
When you choose us for Nidhi Company Registration in Mumbai 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:
- No External Involvement in Management
- Helpful for Lower and Middle Classes
- Low Rates of Interest
- Secured Investments
- Minimum Documentation and Formalities
Steps to Nidhi Company Registration in Mumbai
1. Application of DSC and DPIN
2. Name Approval
3. MOA and AOA Submission
4. Get Incorporation Certificate
5. Apply For PAN, TAN and Bank Account
Minimum Requirements for Nidhi Company Registration in Mumbai
|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 Mumbai
- Copy of Director’s PAN Card
- Passport size photograph of Directors
- Copy of Aadhaar Card/ Voter identity card of directors
- Landlord NOC (Format will be provided)
- Electricity/ Water bill (Business Place)
- Copy of Property papers (If owned property)
- Copy of Rent agreement(If rented property)