A Complete Guide to Nidhi Company Registration Consultants – Powered by JJJ And Company LLP
In India, financial inclusion and community-based savings have always been a part of traditional culture. Among the various options available to promote savings and lending within a close-knit community, Nidhi Companies stand out due to their simplicity and low-risk model. However, registering a Nidhi Company can be a complex process without proper guidance. That’s where Nidhi Company Registration Consultants like JJJ And Company LLP come into play. In this blog, we’ll break down what a Nidhi Company is, its benefits, and why hiring expert consultants is crucial for hassle-free registration and compliance. What Is a Nidhi Company? A Nidhi Company is a type of Non-Banking Financial Company (NBFC) recognized under Section 406 of the Companies Act, 2013. The primary objective of such a company is to promote the habit of thrift and savings among its members. These companies are allowed to accept deposits and lend money only to their members. Though Nidhi Companies fall under the NBF...