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Registration of Nidhi Company Online | Incorporation of Nidhi Company

compliancecalendar11 Nov 2021 Legal

Nidhi Company Registration has increased over the time in the recent past for those who do not wish to be regulated by the RBI but only wish to carry out their business like a normal company.

Nidhi Company Registration has increased over the time in the recent past for those who do not wish to be regulated by the RBI but only wish to carry out their business like a normal company. Though it belongs to the non-banking financial companies’ structure but RBI Laws are not applicable to Nidhi Companies. Registering a Nidhi Company allows a Nidhi to borrow from its members and lend to the members. The Main Reason of registering Nidhi Companies in India is to cultivate the habit of thrift and savings among its members. The funds that are contributed to a Nidhi Company are only from its members. For Incorporating a Nidhi Company, no license is required from the Reserve Bank of India and in fact its registration is very simple. At Compliance Calendar LLP, we provide the Nidhi Company Registration Service

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