Nidhi Company Registration Consultants services services in Baitapalle Chittoor Andhra Pradesh @ Rs. 29999
CaMunim Is Leading Company Registration Consultant In India Having Strong Client Base Around The World. We Are Experts In Legal, Professional And Financial Advisory Services And Help Our Clients In Setting Up Their Business Entities And Managing Various Business Functions Feasibly And Effectively. Whether You Are Starting A New Business Or Already An Established Business, Camunim Has Out Of The Box Tailor-Made Solutions For You. Camunim Advisory Is Your Partner To Grow Your Venture To The Next Level. We Help You Define And Execute Key Growth Hacking Strategies, Deliver A Great Product/Service Launch Experience, Bring New Products And Services To The Market, And Secure VC Funding. From Strategy Review Of A Business And Development To Hands-On Implementation, We Help Entrepreneurs Achieve Long-Term Growth. We are providing Nidhi Company Registration Consultants services in Baitapalle Chittoor Andhra Pradesh.
New Nidhi Company Registration Consultants services in Baitapalle Chittoor Andhra Pradesh @ Rs. 29999. limited offer only for today.
Same day submission, fast delivery,No Hidden fees- Complete Online Process no need to visit. get your Nidhi Company within 15 to 20 working days feel free to call us
+91 8178666276
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Choose Nidhi Company because :
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No External Involvement in Management
Helpful for Lower and Middle Classes
Low Rates of Interest
Secured Investments
Minimum Documentation and Formalities
Mandatory Requirement for Nidhi Company Registration in Baitapalle Chittoor Andhra Pradesh
Mandatory Requirement for Nidhi Company Registration
- Minimum 7 shareholders
- Minimum 3 Directors
- Minimum Capital of Rs. 5 lacs
- DIN for all directors
Minimum Requirements After Registration
- Minimum number of 200 Members ( in 12 Months )
- Net owned fund must be Rs. 10 Lakh and above
- Unencumbered deposits of not less than 10% of the outstanding deposits
- Net own fund vs deposits should not be more than 1:20
What is Nidhi Company Registration?
A Nidhi Company is one that belongs to the NBFC (Non-Banking financial sector) and is recognized under section 406 of the Companies Act, 2013. Their core business activity is borrowing and lending money only to its members. Nidhi Company can freely accept deposits from members and give money to its member. The fund, which received from members and can only be utilized by its members. RBI is empowered to issue directions to them in matters relating to deposits from members. Nidhi Company cannot accept deposits from other than its member.
Advantage of Nidhi Company Registration
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Limited Liability - Liability of Members and Directors of the Nidhi Company is limited. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of Members / Directors will not be at risk of being seized by banks, creditors, and government.
Better Credibility - A Nidhi company enjoys better credibility when compared to any other members based Organizations like trust, cooperative society or any other form of NGO. Nidhi companies are registered and monitored by the Ministry of corporate affairs.
Less Compliance - A director of a Nidhi company can be easily added or removed by filing simple forms with the Registrar of Companies. The Board of Management of a Nidhi company controls the activities of the Nidhi Company.
Documents Required For Nidhi Company Registration in Baitapalle Chittoor Andhra Pradesh
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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)
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Ca munim offers legal, professional and financial advisory solutions to individuals, businesses, organizations in India. Some of our service includes.
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