Description

Nidhi Company Registration refers to the process of registering a Nidhi Company, a type of non-banking financial company (NBFC) recognized under the Companies Act of India. Easypaytax assists with this process. Nidhi Companies primarily function to promote the habit of thrift and savings among its members and lend to its members only. The registration process involves adhering to specific regulations laid down by the Ministry of Corporate Affairs, including minimum capital requirements, membership criteria, and compliance with Nidhi Rules, 2014. It's essential for those considering Nidhi Company registration to understand the legal obligations and operational framework associated with such entities. Most investment organizations in India handle large sums of money, but banks offer minimal room for savings development. Easypaytax highlights how Nidhi Company offers the most effective and simple solution to save money while also providing opportunities for financial advancement. It is a public limited company that is controlled by the Companies Act of 2013. Learn about the benefits, procedure, criteria, and expenses for Nidhi company registration through Easypaytax.