As per the notification issued by the ministry of micro small-medium enterprises on 1st June 2020, MSMEs will now be known as Udyam. And the registration process for an organization as an Udyam will be called Udyam Enrollment Registration. Government Udyam Registration portal is a self-declaration basis portal without adding or uploading any document/ certificate/ paper.
Any person who intends to establish micro, small, or medium businesses will have to file for Udyam registration in the online Udyam Registration Portals. The business will subsequently be issued an Udyam Registration Number and an e-certificate namely, ‘Udyam Registration Certificate’. As per the notification of the ministry of the msme, all the existing Indian companies and enterprises shall file and register as Udyam on or before 31st Mar 2021. The old Udyog Aadhaar Memorandum can be upgraded to Udyam registration by verifying/seeding the PAN.
What is Udyam Registration?
The new notification issued by the Indian Government says that from July 01, 2020, an MSME (Micro Small and Medium Enterprises) will be known as Udyam, and the enrolment or the registration process will be known Udyam Registration.
With a new Udyam registration certificate, the government of India validates the existence of the business. And all the business associated with the Udyam can avail numerous benefits derived from the various relief schemes offered by the Ministry of MSME for the protection and growth of small businesses in India.
Udyam is a New Enterprise Registration Declared by the Ministry of MSME for Businesses
As per the Government of India MSME notification, there will be no fees or application costs for the filling of Udyam Registration. Only Aadhaar number, GST, PAN (Self-declaration) shall be required for Udyam Registration.
Udyam Registration benefits
There are numerous benefits of registering and getting Udyam certificate for your business, here we have mention 16 benefits of Udyam registration.
These benefits are listed out as per the schemes offered by the Ministry of MSME for the development of micro small and medium business enterprises in India. The same benefits can also be availed by the Udyam registration certificate holder and prove to be advantageous for them.
Interest rate Subsidy on Bank loans
Collateral free loans from banks
Protection against delayed payments, against material/services supplied
Special beneficial reservation policies in the manufacturing/ production sector
Ease of obtaining registrations, licenses, and approvals.
MSME Registered entity gets eligible for CLCSS (credit linked capital subsidy scheme)
International trade fair special consideration
Government security deposit (EMD) waiver (Useful while participating tenders)
Step 2: Fill all the details on Udyam Registration Form, like aadhaar number, name, and address
Step 3: Make the online payment for your Udyam Registration Application
Step 4: One of our registration experts will process your Udyam Registration application
Step 5: In 1-2 hours you will receive your Udyam Registration e-certificate in your registered e-mail address.
As you can see the numerous benefits of getting a Udyam registration for your business. The online registration process is very simple its a paperless process with no uploading or submitting of documents required anymore.
Reasons for you to choose our services
We are private consultant experts and professionals who are very well versed with the MSME/ Udyog Aadhaar/ Udyam of processes for small or medium enterprises business registration and certification according to the government of India rules. We continuously work to empower Indian businesses and make their government official work simple and easy.
Our customer base is very satisfied and our clientele includes new businesses as well as well-established businesses and corporations. Satisfied customers also come back to avail our services regarding other registration and update processes. Through portals like msmeregistrar.org which is a single-window system that offers quick and hassle-free Udyam registration online from the safety of your home registration has never been easier.
Online Udyam registration through the above portal also saves time by discarding the excess time required to get registered online using government portals or offline in government offices. Other portals have a very complicated and long procedure which is not customer friendly and very confusing for new business owners and first-time registration customers.
With us registered as an Udyam now and avail various government Udyam benefits. If you are facing any problem while filling the online Udyam registration form, or have any doubts on Udyam Registration then you can reach us just by filling up the enquiry form and then one of our executive will call you through Udyam Helpline Number.
Last Updated : 24/03/2020 | Total Visitor : 141464 | Website Maintained by MSME REGISTRAR
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