Complete solution for starting a Nidhi Company, including incorporation of limited company, issue of shares and obtaining Nidhi status. Jltriangle offers Nidhi company incorporation from Rs.34899/-

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Eligibility

To incorporate a private limited company a minimum of two persons are required over the age of 18 years with atleast one person being an Indian citizen and resident.

Compliance

Jltriangle offers a comprehensive private limited company accounting and compliance management solution starting at less than Rs.49899/- per year.

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.

Nidhi company 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.

9 Articles to Read Before Company Incorporation

Incorporation Process

Nidhi company is created for cultivating the habit of savings among its members. In this article, we cover the regulations governing Nidhi Company in India.

Requirements

Procedure for Nidhi Company Registration. Nidhi Company allows lending and deposit taking amongst members. Jltriangle can help a register Nidhi Company.

Documents Required

List of documents required for company registration in India. Documents required for Indian or Foreign Director, registered office and shareholder in company.

NBFC Registration

A brief look at the process surrounding a NBFC registration and the regulations which govern its operations.

NBFC License

NBFC license is required for companies involved in financial activity. The requirement and procedure for obtaining NBFC license in India is covered in depth.

Compliances

In this article on private limited Company compliances, we review legal and regulatory compliances that a private limited company must comply with in India.

GST Registration

GST registration procedure, eligibility and documents required. Entities with an annual revenue of more than Rs.20 lakhs must obtain GST registration. Complete your GST registration online with expert help from Jltriangle and obtain your GSTIN in less than a week from the comfort of your home.

GST Return Filing

File GST return online through Jltriangle with GST Expert Support. You can prepare and file GSTR-1, GSTR-2, GSTR-3 and GSTR-4 return online through Jltriangle. In addition to filing GST returns, you can also issue GST invoices and record purchases on LEDGERS to automatically file GST returns.

Trademark Registration

Online trademark registration, trademark search, documentation and Expert help for TM filing. Easily submit your trademark application for just Rs.5988 in less than a day from the comfort of your home. Jltriangle provides a range of trademark services from trademark filing to objection handling.