Incorporation Services

Incorporation of NGOs and Nidhi Company

Incorporation of NGOs

A Section 8 Company is an organization which is registered as a Non-Profit Organization (NPO).

NPO/company has its objective of promotion of arts, commerce, charity, education, protection of environment, science, social welfare, sports, research, religion and intends to apply its profits, if any, or other income in promoting its objects.

Nidhi Company

Nidhi” is a Hindi word, which means finance or fund.

A company which has been incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its members only for their mutual benefit.

NGO/Nidhi Company Registration
 

Requirements for Registration for Incorporation of NGOs

  • 2 Partners
  • Company Name
  • PAN Card of NGO
  • MOA & AOA

Requirements for Registration for Nidhi Company

  • Minimum 7 shareholders
  • Minimum 3 Directors
  • Minimum Capital of Rs. 10 lacs
  • DIN for all directors
  • Electricity/ Water bill (Business Place)
  • Copy of Property papers (If owned property)
  • Landlord NOC (Format will be provided)

Benefits for Nidhi Company

  • No External Involvement in Management
  • Helpful for Lower and Middle Classes
  • Low Rates of Interest
  • Secured Investments
  • Minimum Documentation and Formalities

Documents Required by Directors for Nidhi Company

  • Copy of Director’s PAN Card
  • Passport size photograph of Directors
  • Copy of Aadhaar Card/ Voter identity card of directors
  • Copy of Rent agreement(If rented property)
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