NIDHI COMPANY REGISTRATION
Corp Regis is pleased to offer comprehensive Nidhi Company Registration Services, designed to simplify the complex process of establishing and registering a Nidhi Company. Our experienced legal professionals provide expert guidance, ensuring compliance with regulatory requirements and streamlining the registration process, allowing you to focus on building your financial institution with confidence.
The registration process for a Nidhi Company involves several steps and compliance requirements. Here is a general overview of the process:
Obtain Digital Signature Certificate (DSC): The first step is to obtain a Digital Signature Certificate for the proposed directors of the Nidhi Company. DSC is required for online filing of documents with the authorities.
Obtain Director Identification Number (DIN): Each proposed director must apply for a Director Identification Number from the Ministry of Corporate Affairs (MCA). DIN is a unique identification number assigned to individuals who wish to become directors of companies in India.
Name Reservation: Once the directors have obtained their DSC and DIN, an application for name reservation must be filed with the Registrar of Companies (ROC). The proposed name of the Nidhi Company should comply with the naming guidelines and should not be similar to an existing company or trademark.
Drafting of Memorandum and Articles of Association: The Memorandum of Association (MOA) and Articles of Association (AOA) must be drafted, which outline the objectives and rules governing the company's operations. These documents need to be prepared in compliance with the Nidhi Rules and the Companies Act, 2013.
Incorporation Application: After obtaining the name approval, the incorporation application for the Nidhi Company must be filed with the ROC. The application should include the necessary documents, such as the MOA, AOA, and other required declarations.
Payment of Fees and Stamp Duty: The prescribed fees and stamp duty must be paid at the time of filing the incorporation application.
Verification and Approval: The ROC will review the application and accompanying documents. If everything is found to be in order, the ROC will issue a Certificate of Incorporation, indicating the successful registration of the Nidhi Company.