Microfinance company registration involves setting up a financial institution that provides small loans and financial services to low-income individuals or groups, often in underserved areas. The process requires compliance with specific regulations set by authorities like the Reserve Bank of India (RBI). It includes choosing an appropriate legal structure, meeting capital requirements, and submitting necessary documents for approval. Microfinance companies play a vital role in financial inclusion by offering credit to those who lack access to traditional banking. Proper registration ensures legal operation, adherence to regulatory standards, and the ability to serve communities effectively.