Nidhi Company Registration Process | How to Register Nidhi Company?

 

How to Register a Nidhi Company?

As per the name Nidhi, it was started with a primary goal of raising the habit of savings and thrift among the Nidhi Members. Today let's check out the steps to be followed for registering a Nidhi Company. 

 

Steps for registering a Nidhi Company

There are many popular Nidhi company software and online Nidhi software that can make your Nidhi registration easier. A good software development company can also help you with Nidhi company registration. If you need to start a Nidhi Company in India, the first thing you need to do is register it. Here are the steps below for Nidhi's company registration.

1.     Apply for DSC (Digital Signature Certificate) and DIN (Director Identification Number). It takes about two days for DSC procurement. All shareholders, witnesses to MOA & AOA, and directors of the company require this. The Ministry of Corporate Affairs issued DIN to the company director. The registration process is online in India, and therefore you need to submit the required documents online. It's also essential to verify your document authenticity.

2.     Once you receive your DSC and DIN, you can file an application in INC-1 for reservation of Nidhi company name to the Corporate Affairs ministry. Make sure the name is not the same as other companies and avoid the name that is undesirable in the central government's opinions. Also, ensure the company name is preceded by the suffix Nidhi Limited.

3.     Once MOCA approves your Nidhi company name, you can prepare for AOA (Articles of Association) and MOA (Memorandum of Association). While preparing them, have the objective of your company in mind. Now you can apply for incorporation.

4.     Once you receive the incorporation certification, you should apply for company TAN and Pan. Make sure you are doing it separately.

5.     Another mandatory and essential registration for incorporating a Nidhi company is GST Registration. If you fail to do this, it will be considered a criminal offense.

6.     Once the GST registration is over, you can open any bank account.

 

If you are looking for the best software development company to register a new Nidhi Company, Contact us!

 

Read More: How Cloud Based ERP Can Boost Your Sales And Transform Business?

Comments

Popular posts from this blog

How does it cost to build an e-commerce website by the best web development company in Jaipur?

Fantasy Sports App Development: Features, Benefits, Trends in Fantasy App

All You Need to Know About Amazing Web Development Tips