Nidhi Company

TaxDost: Nidhi Company Registration Services

About TaxDost: TaxDost is a trusted provider of business compliance and tax services, dedicated to simplifying the process of setting up and managing Nidhi companies. Our experienced team offers comprehensive services to help you establish and maintain your Nidhi company, ensuring compliance with all relevant laws and regulations. A Nidhi company is a type of non-banking financial company (NBFC) recognized under Section 406 of the Companies Act, 2013, primarily involved in accepting deposits and lending to its members for their mutual benefit.

Nidhi Company Registration Services

Key Features of our Nidhi Company Registration Services:

Consultation and Planning:

• Business Name Selection: Guidance on choosing a unique and appropriate name for your Nidhi company, ensuring it complies with the naming guidelines set by the Ministry of Corporate Affairs (MCA).

Digital Signature Certificate (DSC):

• DSC Application: Assistance in obtaining Digital Signature Certificates for the proposed directors, which are required for signing electronic documents.

Director Identification Number (DIN):

• DIN Application: Assistance in obtaining a Director Identification Number for the proposed directors of the Nidhi company.

Name Reservation:

• RUN Application: Filing the Reserve Unique Name (RUN) application to reserve your chosen company name with the MCA.

Incorporation Application:

• SPICe+ Form Filing: Preparation and submission of the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form, which includes incorporation, DIN allotment, PAN and TAN application.
• Nidhi Compliance: Ensuring compliance with Nidhi Rules, 2014, which govern the operations of Nidhi companies.

Preparation of Documents:

• MOA and AOA Drafting: Drafting the Memorandum of Association (MOA) and Articles of Association (AOA) for your Nidhi company.
• Other Documents: Preparation of other required documents, such as declarations by directors, affidavits, and proof of registered office.

Post-Incorporation Compliance:

• Certificate of Incorporation: Ensuring you receive the Certificate of Incorporation from the Registrar of Companies (RoC).
• Commencement of Business: Filing the declaration for the commencement of business.
• Statutory Compliance: Assistance with mandatory compliances, such as filing returns and maintaining statutory registers.
• Member Enrollment: Guidance on enrolling members to meet the minimum requirement of 200 members within one year of incorporation.
• Financial Compliance: Ensuring compliance with financial norms, such as maintaining a net-owned fund ratio of 1:20 and filing annual returns.

Documents Required for Nidhi Company Registration

Personal Documents of Directors:

1. Identity Proof: PAN card of all directors.
2. Address Proof: Aadhaar card, voter ID, passport, or driving license of all directors.
3. Photograph: Recent passport-size photograph of all directors.
4. Digital Signature Certificate (DSC): Required for all directors.

Proof of Registered Office:

1. Utility Bill: Electricity bill, water bill, or property tax receipt.
2. NOC from Owner: No-objection certificate from the owner of the registered office premises.
3. Rental Agreement: If the premises are rented, a copy of the rental agreement.

Additional Documents:

1. MOA and AOA: Drafted Memorandum of Association and Articles of Association.
2. Affidavit and Declaration: Affidavit from each director stating that they are not disqualified to act as a director.
3. Financial Statements: Projected financial statements for the next three years.

Why Choose TaxDost for Nidhi Company Registration

• Expertise: Our team comprises experienced professionals with in-depth knowledge of Nidhi company registration and compliance.
• Accuracy: We ensure precise data entry and thorough verification to avoid errors and discrepancies in the registration process.
• Timeliness: We prioritize timely completion of all registration and compliance procedures to avoid delays.
• Compliance: We stay updated with the latest regulations and ensure your Nidhi company complies with all legal requirements.
• Support: We provide continuous support and guidance throughout the registration process and beyond, addressing any queries or concerns you may have.

With TaxDost managing your Nidhi company registration and compliance, you can focus on growing your financial institution while we take care of the regulatory requirements. Contact us today to avail of our comprehensive Nidhi company registration services and ensure a smooth and compliant business operation.