Micro Finance Company Registration In India

Autor: Brian 4-09-21 Views: 2058 Comments: 175 category: Articles

How to register micro finance Company in India? There are two option by which micro finance can be registered in India one is through NBFC and another through Section 8 company. NBFC require 5 crore capital but section 8 does not require any minimum capital. Here is the process: # Prepare DSC and file Name Approval: The first step is to prepare DSC and DIN. This takes sometime one to two ;· The following are the steps involved in the registration of a microfinance company through an NBFC: Register a company: To be registered as an NBFC microfinance company, the first step is to form a private or a public company. To form a private company, at least 2 …The procedure for a micro finance company registration in India may broadly be divided into two phases or stages. The first stage covers proper registration of new public limited company, and the final stage is of acquiring proper approval of the Reserve Bank of India for starting its business operations as a micro-finance company registration is divided into two broad categories: Private or Public Limited Company registration. Approval from Reserve Bank of India for starting the business of Micro Finance. A microfinance company must have a minimum capital of Rs. 5 documents required for Microfinance company registration would be similar to the documents as required by a section 8 company. The following documents are required for Microfinance company registration in India: Duly tested copy of Company Incorporation certificate; Copy of 'Memorandum and Articles of Association' (MOA & AOA) of the entityIn the first and foremost step of the process for obtaining Microfinance Company Registration in India, the applicant needs to register a company under the stipulations of the Companies Act 2013. Further, for the purpose of incorporation, the applicant needs to file a …Microfinance Company Registration Process, Requirements | MFIHow to Start a Small Finance Company in India | EntersliceMicrofinance Company Registration - Process and Document - EntersliceMicrofinance Company Registration - Process and Document - EntersliceVakilgiri a leading Business Consultant, offering quick Micro Finance Company Registration Service in India with five simple steps: 1) First and foremost, we will apply for your Digital Signature Certificate and Director Identification Number. 2) Choosing a Unique Name for your Company. 3) Compiling Forms, Documents, AOA & MOA of your Company.

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