Cardiff Services

NBFC One Time Setup

NBFC One Time Setup – Overview

Starting a Non-Banking Financial Company (NBFC) in India requires more than just company incorporation. An NBFC must meet minimum capital requirements, RBI licensing norms, governance standards, and compliance frameworks before it can commence operations. This initial setup stage is critical because even a small compliance gap can delay RBI approval or invite regulatory scrutiny.

 

At Cardiff Services, we provide end-to-end NBFC One-Time Setup Services in India, covering company incorporation, RBI registration, capital structuring, compliance framework design, and policy drafting. Our one-time setup support ensures your NBFC is regulator-ready from day one

Why Choose Cardiff Services for NBFC One-Time Setup

At Cardiff Services, we ensure that your NBFC setup process is seamless, regulator-ready, and future-proof. Our team manages everything—from structuring and documentation to RBI liaison and compliance framework design—so you can focus on building your NBFC business.

 

We don’t just help with the license; we provide a strong compliance foundation covering RBI, MCA, FEMA, GST, and tax laws. With Cardiff Services, your NBFC gets a one-time setup that ensures long-term sustainability and regulatory confidence.

Key Features of NBFC One-Time Setup Support

  • Company Incorporation: Registration under Companies Act with financial services as primary object.

  • RBI Registration (CoR): Guidance and filing for Certificate of Registration under Section 45-IA of RBI Act.

  • Capital Structuring: Advisory on meeting Net Owned Fund (NOF) requirements.

  • Business Plan Preparation: Drafting financial projections and regulatory-compliant NBFC model.

  • Policy Framework Design: Setting up KYC/AML policy, Fair Practices Code, and governance structure.

  • Regulatory Filings: Assistance in preparing and submitting applications through RBI’s COSMOS portal.

Documents Required for NBFC One-Time Setup

  • Certificate of Incorporation of the company.

  • MOA & AOA with financial services objects.

  • Board resolution for NBFC business.

  • Net Owned Fund (NOF) certificate and auditor’s report.

  • Detailed business plan and projections.

  • KYC of directors and shareholders (PAN, Aadhaar, Passport, DIN, CIBIL).

  • Bank statement showing capital infusion.

  • Auditor’s report confirming compliance with NOF norms.

  • Group structure details (if applicable).

  • Past financial records (if an existing company applies).

Step-by-Step Procedure for NBFC One-Time Setup

  1. Entity Incorporation – Register company with MCA having financial services as the main object.

  2. Capital Infusion – Arrange minimum NOF (₹10 Cr+ for most NBFC categories).

  3. Document Preparation – Collect KYC, auditor’s certificate, business plan, and resolutions.

  4. Application Filing – Submit online application via RBI COSMOS portal.

  5. Submission to RBI – Send physical documents to RBI Regional Office.

  6. RBI Scrutiny – Respond to clarifications during verification process.

  7. License Grant – Obtain RBI Certificate of Registration (CoR).

  8. Compliance Setup – Draft KYC/AML policies, Fair Practices Code, and compliance calendar.

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