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UDYAM Certificate/MSME Registration

Take advantage of the government’s incentives like tax exemptions, duty reductions, competitive interest rates and free reservations for new products. Resister MSME certificate now.

GET MSME CERTIFICATE NOW.
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Why MSME REGISTRATION

1. Encourage entrepreneurship: through the adequate flow of credit from financial institutions and banks. All banks and financial institutions recognize MSME and provide schemes for their commercialization. 2. Support for technological upgradation, infrastructure facilities 3. Employment opportunities: skill upgradation, capacity building, and training facilities. 4. Livelihood opportunities: the welfare of artisans and workers 5. Support for product development and access to the domestic and international market.

Why to Register?

The enterprises which are registered under the scheme are eligible for certain benefits provided by the government. These are: 1. Preferential Credit (priority sector lending), differential rates of interest, etc. 2. Excise Exemption Scheme 3. Exemption under Direct Tax Laws 4. Statutory support such as reservation and Interest on Delayed Payments Act 5. Development of specialized industrial estates 6. Power tariff subsidies, capital investment subsidies and other support 7. Relaxation in govt fee at the time of Trademark Registration.

How helpful are Banks?

Rate of Interests are lower for the registered ones as compared to other enterprises.Public sector banks are permitted to categorize their MSME general banking branches as specialized MSME brancheshaving 60% or more of their advances to MSME sector. This is to provide for a better service to this sector as a whole.

Documents Required For UDYAM Certificate/MSME Registration

  • Aadhar Card of Applicant
  • Name of Enterprise/ Firm / Company
  • Mobile Phone Number and Email Id of Applicant
  • Address proof of Enterprise / Firm / Company
  • Cancelled cheque of Enterprise /Firm / Company
  • Number of Employees
  • Proof of establishment that may be a Sale Deed or a Rent Agreement or Certificate of registration
  • Investment in Plant and Machinery
  • Aadhaar Card Copy: Aadhaar card has been mandated for SSI or MSME registration. In case of private limited companies and partnership firm where it has got no Aadhaar card, the Aadhaar identity of any the partner can be provided.

Process Involved

  • STEP-1

Documentation

Client Provides Documents required for Registration

  • STEP-2

Application

Application is prepared based on data provided by client

  • STEP-3

Client Confirmation

Client Confirms the Data and Application id filed with Department

  • STEP-4

Certificate

Acknowledgement is issued by department

  • STEP-5

Registration Certificate

Registration Certificate is issued by department on Successful Verification of Documents

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Ready to take advantages from Government?

Take advantage of the government’s incentives like tax exemptions, duty reductions, competitive interest rates and free reservations for new products. Resister MSME certificate now.

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FAQs

An Udyam Registration, also known as an MSME Registration, comprises a government sign-off provided along with a Recognition Certificate and a Unique Number. This is instrumental if you wish to certify that your small or medium business or enterprise is legal and operational.

A proprietorship, partnership firm, company, trust or society with an investment below Rs. 50 crore and annual turnover below Rs. 250 crore are eligible for MSME registration.

Benefits-
  • a) Borrowers get collateral-free loans from banks.
  • b) Licensing, approvals, and registrations are accessible.
  • c) Special considerations are given to international trade.
  • d) The government offers concessions on various bills, including electricity bills.

An individual cannot apply for MSME registration. A proprietorship, partnership firm, company, trust or society with an investment below Rs. 50 crore and annual turnover below Rs. 250 crore are eligible for MSME registration.

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