MSME Udyam Registration
Here we have provided you the full information about these topics what is MSME, what is MSME Udyam Registration, what is Udyam Certificate, almost all the Benefits of having an Udyam Certificate, and the process from which you can easily apply for an Udyam Certificate online at home hassle-free.
If you are a small-scale industrialist, small company owner, or a service provider in India then you should definitely register to MSME and get an Udyam Registration Certificate for your business. Getting an MSME Udyam Registration will help you get lots of benefits from the Ministry of MSME. The process of MSME registration in India is now known as Udyam Registration and the e-certificate which you get for your business/ company/ firm is known as Udyam Registration Certificate.
What is MSME Udyam Registration?
The Micro, Small, and Medium Enterprises MSME are a Ministry under the Government of India (GoI) for dealing with the development of all the Small Scale Industries (SSI) in India and helping them grow which is very beneficial for our Country’s economy.
What is Udyam Registration Certificate?
Udyam Registration Certificate is a 16-digit unique number provided to you by the ministry of MSME which means your firm/ company/ enterprise/ business is registered and recognized by the Ministry of MSME by which you can avail all the benefits for
If you are a small-scale industrialist, small company owner, or a service provider in India then you should definitely register to MSME and get an Udyam Registration Certificate for your business. Getting an MSME Udyam Registration will help you get lots of benefits from the Ministry of MSME. The process of MSME registration in India is now known as Udyam Registration and the e-certificate which you get for your business/ company/ firm is known as Udyam Registration Certificate.
What is MSME?
The Micro, Small, and Medium Enterprises MSME are a Ministry under the Government of India (GoI) for dealing with the development of all the Small Scale Industries (SSI) in India and helping them grow which is very beneficial for our Country’s economy.
Criteria for MSME Udyam Registration are in terms of Investment & Turnover of the Enterprise you belong
- If you are a Microenterprise owner then your turnover should not be more than 5 crores & investment should not be more than 1 crore.
- If you are a small enterprise owner then your turnover should not be more than 50 crores & investment should not be more than 10 crores.
- If you are a Medium enterprise owner then your turnover should not be more than 250 crores & investment should not be more than 50 crores.
Enterprise Turnover Investment
Micro Not more than 5 Cr. Not more than 1 Cr.
Small Not more than 50 Cr. Not more than 10 Cr.
Medium Not more than 250 Cr. Not more than 50 Cr
What Benefits do you get by having an MSME Udyam Registration Certificate?
- Access to greater credit & hassle-free loans
- Subsidy on Patent
- Priority Lending
- Income Tax Exemptions
- Grants of Capital for Infrastructure development
- ISO certification reimbursement
- Market Development Assistance Scheme (MDA)
- Low Rate of Interest on overdraft
- Technology Support to MSMEs
Benefits in detail of MSME Udyam Registration
Access to greater credit & hassle-free loans – Applicants can get Loans to expand/her business easily hassle-free because there are a variety of loan schemes as per their business and also they are enforced by the Government to the Banks to provide these loans to the MSME registered Firms.
Subsidy on Patent – If the business/ company/ firm wants to file a patent on a product or research then a subsidy up to 50% is provided by the Government only if the firm is registered under MSME.
Priority Sector Lending – It is a type of Loan which Banks are enforced by RBI and The Government of India (GoI) to give to the Agricultural, Small Scale Industries (SSI), Small Business or Service Enterprises, Micro Finance Industries, etc. for the development of the basic needs of the country.
Income Tax Exemptions – The Business or Firm can get an exemption in the total of the Income Tax liability it has to pay.
Grants of Capital for Infrastructure development – The Company easily will get plots and loans for its Infrastructure to be built which is given by the Government (GoI) for the establishment & growth of Small Scale Industries in India.
ISO Certification Charges Reimbursement – The Company can claim the reimbursement of the expenses which it has to spend for the ISO certification.
Market Development Assistance Scheme – This program helps MSMEs to develop as well as expand the market of the Micro-Enterprise/company/Firm by encouraging them to take part in National and International Exhibitions. The Government of India (GoI) supports the MSMEs to participate in these Exhibitions and build their customers not only in India but also across the Globe.
Low Rate of Interest on Overdraft – The Company/ Enterprise/ Business gets very low-interest rates up to 1% on Bank overdraft (this may vary upon banks but still the rate will be very low).
Technology Support to MSMEs – This scheme is made to encourage & implement the use of Energy-efficient Technologies (EETs) & other new milestone technologies in the Company’s manufacturing units to reduce the cost of production, and speed of production as well as the quality of the production.
Step by Step Guide to Register For Udyog Aadhar 2022
Documents for MSME Udyam Registration Online
For registration of your firm you need the following documents:
- Your Aadhar Number
- Your PAN Number
- Your Bank Details – Account No and IFSC Code
- Your Mobile Number which is linked with your Aadhaar card
- Your GSTIN Number
- Your E-Mail ID
And some details about your Company – Company Type, Annual Turnover, Number of Employees, etc.
Process of MSME Udyam Registration Online
Step 1: Visit MSME Udyam Registration Certificate Website
Step 2: Fill out the MSME Udyam Registration Application form
Step 3: Pay the online fees for your application for Udyam registration
Step 4: The concerned representative will verify your Udyam Registration Application
Step 5: In just 1-2 working hours you will get your MSME Udyam Registration certificate to your registered email address.
Note: You need to share the OTP with the representative for further process
“You can register your business online at your home by yourself, so visit us at https://udyog-aadhaars.co.in
Who we are – udyog-aadhaars.co.in
We are professionals when coming to MSME registration online as we are private consultants helping small-medium enterprises in legal registration works. Get our help just by filling out the application form and making the payment for the service.
We will assist you in each and every process of getting an MSME Udyam Registration Certificate. Here are the various Udyam Registration Services we offer:
- Udyam Registration
- Update Udyog Aadhaar Registration Certificate
- Update Udyam Registration Certificate
- Registration of existing Udyog Aadhaar
- Print Udyog Aadhaar Certificate
- Print Udyam Registration Certificate
- Udyam Registration for Proprietor
- Udyam Registration for Partnership Company
- Udyam Registration for Private Limited Company
- Udyam Registration for Public Limited Company
- Udyam registration for Others
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