Private Limited Company Registration Service

Nidhi companies belong to the composition of non-banking financial companies. Nidhi Company allows borrowing from its members and lending to the members.Nidhi companies in India are formed to inculcate the habit of less spending and saving for their members. The amount given to Nidhi Company belongs to its members only. No license is required from Reserve Bank of India (RBI) to start a Nidhi Company. So Nidhi company can be started easily Nidhi company is same as registration as public company, Nidhi company name should be Nidhi Limited at the end.It is also important to note that Nidhi Companies (RBI) come under the Reserve Bank of India. Because the business of Nidhi companies is similar to that of NBFCs.

Incorporation of private limited company or public limited company is a very simple process, you just need to provide following documents and your company is formed in 7-15 working days:

Documents Required:

• Kyc(aadhaar, pan, photo, bank statement) of minimum two directors.
• Rent agreement of office address with electricity bill.
• Name of company to be reigstered.

Package includes:

• Certificate of incorpration
• Moa (memorandum of association) request

 

Description:

• Private Limited Company is a Special entity that governed by Special Companies Act,2013. Every Person, who wants to start their business can form a Private limited company with the main advantage of limited liability, which means Owners (shareholders) of the Company no more to pay beyond the shares held by them in event of loss to company, unlike Proprietorship and Partnership firm.
• A Private Limited company must use the word “Private Limited” or “Pvt. Ltd.” At the end of its name. A Private Limited Company is Most Popular entity at present because of many Advantages.

The Definition of Private Limited Company is mentioned under Section 2(68) of Companies Act,2013:
“private company” means a company having a minimum paid-up share capital of one lakh rupees or such higher paid-up share capital as may be prescribed, and which by its articles,—
(i) restricts the right to transfer its shares;
(ii) except in case of One Person Company, limits the number of its members to two hundred:

Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purposes of this clause, be treated as a single member:

Provided further that:
(A) persons who are in the employment of the company; and
(B) persons who, having been formerly in the employment of the company, were members of the company while in that employment and have continued to be members after the employment ceased, shall not be included in the number of members; and
(iii) prohibits any invitation to the public to subscribe for any securities of the company;

Application:

• Limited liability to Shareholders
• Special Certificate of Incorporation
• Special Legal Entity
• Improves Business Revenue.
• Special Tax treatment to Improve Credibility
• Easy Funding by Angel Investors, Venture Capitalists and Banks & Financial Institutions.