Nidhi Company

Nidhi Company

 Timeline: 30-40 working days
 Package Inclusions
  • Digital Signature Certificate(DSC)
  • DIN (Upto 3)
  • Company Name Approval
  • MoA
  • AoA
  • Filing of Forms
  • PAN Application
  • TAN Application
  • Certificate of Incorporation
 Documents Required
  • PAN card- All Directors
  • ID Proof(Aadhar card/DL/Voter ID)- All Directors
  • Permanent address Proof(Bank Passbook-front page/Latest utility bill)- All Directors
  • Address Proof of proposed Registered Office of company
    a) If taken on rent then rent agreement with utility bill
    b) If not taken on rent or owned by any other entity then NOC signed by owner
    c) If owned by Director then sale deed with electricity bill
  • Passport size photograph-All directors
  • Main objects of proposed company in detail
  • Six names of proposed company as per preference
  • Significance of names of proposed company
  • Shareholding proportion
  • Signed subscribers sheet (Format will be provided by us.)
 Process Details
  • Obtaining DSC & DIN
  • Filing Name Application
  • Creating and filing of documents with RoC
  • Filing application for PAN & TAN
 Key Advantages
  • Limited Liability- Shareholders are legally responsible for the debts of the company only to the extent of the nominal value of their share
  • Uninterrupted Existence- The business has separate legal entity and there is continuity even if any of the shareholders die
  • Better Credibility- A producer company enjoys better credibility when compared to unregistered producer organisations. Producer companies are registered and monitored by the Central Government
  • Easy to Manage- The Board of Management of a producer company can be easily changed by filing simple forms with the Registrar of Companies
  • Limited Liability- In a Producer Company, the members are not held personally responsible for the liabilities of the Producer company
  1. What is the minimum number of Directors required to form a Nidhi Company?
    A minimum of 3 directors to register a Nidhi Company.
  2. Is Physical presence required for incorporation of Nidhi Company?
    The entire procedure is online and you don’t have to be present at any office for incorporation.
  3. Can Foreign nationals become a director in a Nidhi Company?
    Yes, after acquiring DIN/DPIN an NRI or Foreign national can become a designated partner in Nidhi Company though atleast one designated partner must be a resident of India.
  4. Who can be a member in a Nidhi Company?
    Any individual or organization can become the member of Nidhi Company including foreigners or NRI’s.

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