Tuesday 1 July 2014

NBFC Registration Steps and Procedure

Company Registration
  • In India, NBFCs are registered as per the rules, provisions, and regulations given in the section 45-IA of the Reserve Bank of India Act, 1934. Any of the above-listed categories of NBFCs, can swiftly be setup in any city of India, with our well-rounded and expert support. All included steps and procedure for non banking financial company registration are described below.
  • Any full-fledged company which has been properly registered under the Indian Companies Act of 1956, and is currently engaged in the activities pertaining to any of the above-mentioned areas or fields, can obtain the NBFC registration certificate from RBI, provided the applicant company fulfills the essential eligibilities. For this purpose, the most significant need is the availability of the minimum recommended capital, which now set at the level of INR-2Crore, since April 1999. The application for NBFC registration is to be made in the specified format, and is to be sent to the RBI, together will all relevant documents and enclosures.
  • Our professionally refined and expert lawyers help companies comprehensively from the starting to the end of the NBFC registration process. Here, it may be noted that, in case the overall financial transactions (with clients) by any such company in any year is more than 50% of its own asset capital, then, NBFC registration is compulsory. Know more about information: tax consulting firm

Call @ 011-43520194 for NBFC Registration Services and other Company Law details, you can also Drop mail at info@carajput.com

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