Nidhi Companies are companies that belong to the non-banking Indian finance sector and are recognized under section 406 of the Companies Act, 2013. They are also called as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. Nidhi Companies can be started with initial capital of Rs.5 lakh and it requires at least seven people to start. Initially, the Company registration requires three directors.
The director should possess a copy of PAN card, ID proof and address proof to apply for Nidhi Company in India. The Company registration takes around 15 to 20 days to get in India. We Smartcorp provide fast and effective Nidhi company registration in Tirupur. We have highly qualified professionals for providing greater support to its clients. We also have experts team for providing better solutions to the people.