#LegalBusinessEntity Archives - Knowledge Base

Advantages of Nidhi Company

Introduction Advantages of Nidhi Company : A Nidhi Company is a non-banking financial company (NBFC) that operates with the goal of encouraging savings and providing financial assistance to its members. These companies are regulated under Section 406 of the Companies Act, 2013, and governed by Nidhi Rules, 2014. Unlike other financial institutions, a Nidhi Company… Read More »

Why business license is important?

Importance of business license Importance of business license, A business license is important for several reasons: Legitimacy and Compliance: A business license provides legal recognition to your business and demonstrates that you are operating within the laws and regulations of your jurisdiction. It helps establish your business as a legitimate entity and can enhance… Read More »