Nidhi Company can’t deal with chit funds, hire-purchase finance, leasing finance, insurance, or securities business. It is strictly prohibited from accepting deposits from or lending funds to, any other person except members. Number of Members A minimum of seven members is required to start a Nidhi Company out of which three members must be the […]
The dealings of Nidhi Company are restricted to its members only i.e. borrowing from the members and lending to back to them only and hence regarded as the mutual benefit society. Nidhi Companies provides loans at less rates comparatively than Banks. Nidhi Company Registration Nidhi Companies are incorporated as Public Limited Companies with at least 3 […]
Process For LLP Registration In India And Requirements Indian entrepreneurs in the initial stages majorly face issues in the legal side of business like certificates, registrations, and compliances. It is quite understandable as Indians emphasize government jobs and are not familiar with the business ecosystem. And if you are a startup founder, you can examine […]
A Microfinance company is usually called Micro Credit Organization which deals in common loans. It is less than Rs. 50000 to different small companies and households that have no access to banking channels or not eligible to get loans. At One Click Business Solutions Private Limited, we have an energetic team of professionals to take […]
Microfinance companies are small-scale financial institutions that provide loans, credit, or deposits. These organizations were formed to streamline the credit system for small businesses that cannot acquire a loan from banks due to the lengthy process. As a result, it is commonly known as a Micro-credit, Micro-benefit Company. They give small loans to a range […]
The phrase Firm denotes any entity fashioned underneath the Firms Act, 2013. Most individuals equate the phrase with a Personal Restricted Firm; nonetheless, an organization might broadly be a private limited company or One Particular person Firm or Restricted Firm or Part 8 Firm. Based mostly on the exercise/requirement of the promoters, various kinds of […]
How to register a Non Governmental Organization/ Non Profit Organization (NGO/NPO) can be defined and followed according to the accepted type of the registration under the specific types and processes. The Registration of a Non Governmental Organization depends upon the kind of NGO registration which would be applicable, then the registration process can be defined […]
The GST registration process is a long one that involves business-related documents. For registration, you need to submit different types of documents according to the type of company registration. Find out the documents required for GST registration for Sole Proprietorship or Individual, Partnership or LLP, Private Limited or Public limited or One Person Company, HUF […]
Chit Fund Company A Chit Funds is a well-liked kind of financial savings scheme in India – a major a part of the unorganized cash market business. Chit funds present entry to financial savings and borrowings for individuals with restricted entry to banking services. Chit funds are run by Chit Fund Corporations, and on this […]
Startup India Scheme Startup India Scheme is a flagship initiative of the Authorities of India, supposed to construct a robust eco-system for nurturing innovation and Begin-ups within the nation that can drive sustainable financial progress and generate giant scale employment alternatives. Begin-up India Scheme is applied by means of the Division of Industrial Coverage & […]