NIDHI COMPANY

Nidhi Company Registration is a process of incorporating a Nidhi Company under the Companies Act, 2013. Here's a step-by-step guide:

Eligibility Criteria :

• Minimum 7 Members: Nidhi Company must have at least 7 members.
• Maximum 200 Members: Nidhi Company cannot have more than 200 members.
• Indian Residents: All members must be Indian residents.

Documents Required

• Memorandum of Association (MOA): Outlines the company's objectives and scope.
• Articles of Association (AOA): Defines the company's internal management and rules
• PAN Card: Permanent Account Number (PAN) card of the company.
• Aadhaar Card: Aadhaar card of the directors and members.
• Address Proof: Address proof of the registered office.
• Bank Account: Bank account details of the company

Registration Process

• Name Approval: Obtain name approval from the Ministry of Corporate Affairs (MCA).
• File MOA and AOA: File the MOA and AOA with the MCA.
• Obtain Certificate of Incorporation: Receive the certificate of incorporation from the MCA
• Apply for PAN and TAN: Apply for PAN and TAN (Tax Deduction and Collection Account Number).
• Open a Bank Account: Open a bank account in the name of the company

Post-Registration Compliance

• File Annual Returns: File annual returns with the MCA
• Maintain Books of Accounts: Maintain books of accounts and prepare financial statements.
• Comply with Tax Laws: Comply with tax laws and file tax returns.