NBFC Core Investment Company
NBFC Core Investment Company– Overview
A Core Investment Company (CIC) is a special category of Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). CICs are primarily set up to hold shares, debentures, bonds, loans, and securities of group companies. They are not engaged in trading these investments or carrying out other financial activities.
As per RBI guidelines, a CIC must have an asset size of ₹100 crore or above and must hold at least 90% of its net assets in the form of investments in group companies, with at least 60% in equity shares. CICs play a crucial role in corporate structures, acting as holding companies for large business groups.
At Cardiff Services, we provide end-to-end Core Investment Company registration and compliance support, ensuring businesses meet all RBI requirements and maintain smooth regulatory filings.
Why Choose Cardiff Services for CIC Compliance
At Cardiff Services, we understand that CIC registration is highly specialized and requires precision in structuring, documentation, and regulatory compliance. Our experts ensure your application is RBI-ready and that your CIC remains compliant post-registration.
We don’t just handle filings – we provide strategic advisory on group structuring, capital adequacy, RBI inspections, and corporate governance. With Cardiff Services, your Core Investment Company is fully compliant, transparent, and positioned for long-term growth
Key Features of CIC Registration & Compliance
Dedicated Holding Company Structure: Designed to hold investments in group entities.
RBI Registration: Mandatory Certificate of Registration (CoR) for CICs above ₹100 Cr assets.
Capital & Asset Norms: Compliance with 90% group investment rule and 60% equity shareholding requirement.
Corporate Governance: Implementation of board oversight and prudential norms.
Regulatory Filings: Assistance with annual returns, RBI submissions, and statutory reporting.
Exemptions for Small CICs: Guidance on compliance for CICs with asset size below ₹100 Cr.
Documents Required for CIC Registration
Certificate of Incorporation and PAN of the company.
MOA & AOA with investment holding as main object.
Net Owned Fund (NOF) certificate from statutory auditor.
Group structure chart and details of group companies.
Directors’ KYC (PAN, Aadhaar, Passport, DIN).
Board resolution for applying as CIC.
Audited financial statements.
Bank statement showing NOF compliance.
Shareholding details and valuation reports.
Previous ROC and RBI filings (if applicable).
Step-by-Step Procedure for CIC Registration & Compliance
Eligibility Review – Verify asset size (₹100 Cr+) and compliance with RBI’s CIC criteria.
Company Incorporation – Register entity under the Companies Act with investment-holding objectives.
Capital & Asset Compliance – Ensure investments align with 90% and 60% group company norms.
Application Preparation – Compile business structure, group chart, and financials.
Filing with RBI – Submit online application on RBI’s COSMOS portal with all supporting documents.
RBI Scrutiny & Queries – Respond to clarifications and provide additional information if asked.
Certificate of Registration – Obtain CoR from RBI as Core Investment Company.
Ongoing Compliance – File annual returns, maintain capital adequacy, and comply with prudential norms.
Frequently Asked Questions
A company name search ensures that your chosen business name is unique, legally compliant, and not already registered with Companies House UK. It helps you avoid legal disputes, trademark issues, and confusion in the Cardiff business market.
If your desired name is already registered, you’ll need to choose a different name or modify it. Using a taken name could result in rejection by Companies House or potential legal issues. Our experts can help you brainstorm alternative names that are compliant and market-ready.
It’s not advisable to use a name that’s too similar to another company, especially within the same industry. Similar names can confuse customers and risk trademark disputes. A company name search helps you identify these risks early.
For a company name search in Cardiff, you may need:
Proposed company name
Business entity type (Ltd, LLP, Partnership, etc.)
Jurisdiction (Cardiff / UK)
Owner or shareholder details (if applicable)
Business description
A “high probability” result means your proposed company name is likely to be available, but further checks are recommended. This is why our detailed Cardiff Company Name Search Report includes both identical and similar names for clarity.
Certain words are restricted under UK law (e.g., “bank,” “insurance,” “government”). If you want to use them, you’ll need special approval from regulatory bodies. We guide you through this process if your Cardiff business requires such terms