Nidhi Company Registration in Tirupur

Nidhi Companies, under Section 406 of the Companies Act, 2013, are non-banking entities in the Indian financial sector. These firms go by various names like Permanent Fund, Benefit Funds, and Mutual Benefit Company. Starting a Nidhi Company requires a minimum initial capital of Rs. 5 lakh and at least seven individuals. Initially, three directors are essential for registration.

Directors need PAN card copies, ID proof, and address proof for the Nidhi Company application in India. The registration process typically takes 15 to 20 days. At Smartcorp, we specialize in swift and efficient Nidhi company registrations in Tirupur. Our experienced professionals provide comprehensive support and effective solutions to clients.

Documents required

Essential documents for business registration include

• proof of the registered business location,
• a No Objection Certificate,
• identity and address proofs of members,
• member photos,
• PAN card copies,
• Digital Signatures (DSC),
• Director Identification Numbers (DIN) for directors, and
• The Memorandum and Articles of Association (MoA & AoA) for the company.