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  In the Indian non-banking finance sector, the Nidhi company registration holds a crucial position. On the other hand, under Section 406 of the Companies Act, 2013, the Nidhi company further acts as a well-established company. Such a legal framework was published to facilitate a rule related to borrowing and lending money between the members of a business.  Other recognized terms include "permanent fund," "benefit funds," "quasi bank," "mutual benefit funds," and "mutual benefit company." Furthermore, such companies' activities are handled by the Ministry of Corporate Affairs.  Apart from its definition, have you ever wondered why the Nidhi registration online is becoming the top-selected legal company type? In this comprehensive guide, we will explore which principles register a Nidhi company, making it the top choice for entrepreneurs, its benefits, and its role. Let's discover it in more detail. The Introduction of Nidhi C...

  In today's time, if any startup or business needs to be given a professional and legal identity, then LLP Company Registration is a smart option. For business owners and entrepreneurs, LLP is such a model in which benefits of both partnership and company are available - that too with less risk. What is Limited Liability Partnership (LLP) Company Limited Liability Partnership is a structure in which the liability of partners is limited, which means that if there is a loss in business, your personal property remains secure. This structure is modern and safe as compared to traditional partnership. Entrepreneurs must know that LLP Registration is not risky for them if they want to start their own business. This structure is smooth for legal compliance and also increases the trust factor. Top Benefits of LLP Registration Limited Liability Protection – Personal assets are protected Separate Legal Entity – Business and owners are separate Tax Benefits – Corporate tax is not applicab...