When it comes to the formation of a Nidhi Company in India, the procedures are extremely convoluted. You also need to follow some strict compliance rules and regulations to manage a Nidhi Limited Organization. It is one type of Micro Finance Company from the Non Banking Financial sectors in India.

The main purpose of the Nidhi Company is to make its members to save more money and utilize them productively. For this reason it is also known as Mutual Benefit Company, Benefit Fund, Mutual Benefits Funds and many more.

Requirements of Nidhi Company Registration :-

• Director Identification Number
• Digital Signature
• Memorandum of Association
• Article of Association
• PAN Card of Company
• TAN Number of Company
• Certificate of Incorporation
• Board Resolution to Open Bank Account
• GST Registration
• Share Certificate

Documents Required for Nidhi Company

a) Director’s Aadhar and PAN Card and Passport size photo,
b) Identity and Address proof (not older than 2 months) of all the Shareholders and Directors,
c) Company’s Address Proof (not older than 2 months), and
d) If the Company is situated on a rented land, then NOC and rent agreement/receipt require.

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At present day One Click Business Solutions has announced that they have completed the benchmark of 1500+ Nidhi Limited Company Registration and Legal services all over India. This can be seen as a real excellent achievement as Nidhi is a distinct kind of NBFC Company that can be found only in India Also the company has completed their presence in the field.