How long does it take?
Digital Signature Certificate1 Working Day
DSC is an electronic online signature issued by licensed certifying authorities. All the proposed directors of the company required to apply for the digital signature (DSC) which is necessary for digitally signing the electronic incorporation documents. DSC can be obtained either using supporting documents or Aadhar eKYC based authentication (supporting documents are not required in this case).
Director Identification Number1 Working Day
DIN or DPIN, i.e. directors PIN is a unique eight-digit identification number which is a mandatory requirement for existing as well as proposed directors of the company to maintain the director's information in a database. MCA (Ministry of Corporate Affairs) allots a DIN to every director of the company with a lifetime validity without which one cannot be a director.
Name Approval & License2 Working Days
Once we obtain the DIN and DSC of the proposed directors, maximum two proposed names of the company will be submitted to MCA (Ministry of Corporate Affairs) for approval. Our representative will conduct a prior search for your name availability. Ideally, the name should be unique, suggestive of the business and end with the words 'Nidhi Limited' in order to avoid the rejection. We get your company name approved subject to availability and naming guidelines.
Form SPICe-322 Working Hours
After taking the name approval, we draft a Memorandum of association and Articles of association for your company. All the incorporation documents need to be submitted with the prescribed e-form SPICe 32 along with the AOA, MOA and subscription statement. Once all the documents are duly verified and approved by the government, the certificate of incorporation is emailed to your id. Simultaneously, we will apply for PAN and TAN of your company.
Nidhi Company Cost Breakdown
|Company Name Availability Search||Free|
|7 DSCs||Rs 7,000|
|Government Fee||Rs 4,800*|
|Stamp Duty||Rs 3,000*|
|Notorization Cost||Rs 3,000|
|PAN & TAN Fee||Rs 170|
|Professional Fees||Rs 5,109|
|Goods & Service Tax||Rs 9,20|
|Total Cost||Rs 23,999|
The above mentioned government fee has been calculated on minimum contribution of Rs.500000
The stamp duty may vary from state to state
Extra charges for NRI/Foreign directors or Foreign shareholding companies