UDYAM Registration
Udyam Registration is the new way of recognition to an enterprise as MSME (micro, small and medium enterprises). It has been launched by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020.
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UDYAM Registration
Udyam Registration is the new way of recognition to an enterprise as MSME (micro, small and medium enterprises). It has been launched by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020.
Requisites to UDYAM Registration
All Plans Include
FSSAI Registration in India
Udyam Registration
Udyam Registration is the new way of recognition to an enterprise as MSME (micro, small and medium enterprises). It has been launched by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020.
Udyam Registration Certificate
After completion of the process of Udyam Registration, a certificate will be issued online. This Udyam Registration Certificate will have a dynamic QR Code from which the details about the enterprise can be accessed.
Renewal of Udyam Registration
Udyam Registration Number is a permanent identification number, and there will be no need for renewal of Registration.
Udyam Registration Benefits
- Special Preference in Procuring Government Tender.
- There are various tax rebates available for Udyam registered enterprises.
- Higher preference is provided to businesses registered under Udyam for government license and certification.
- Registered Udyam gets tariff subsidies and tax and capital subsidies
- Concession in Electricity Bills
- Tax Rebates – Special 50% discount on Government fees for Trademark and Patent filing
- Fast Resolution of Disputes
Who can apply for Udyam registration?
Any person willing to establish a micro, small, or medium enterprise can apply for Udyam Registration.
Proprietorship firms, Hindu Undivided Family (HUF), Partnership Firms, One Person Company, Private Limited Company, Limited Company, Limited Liability Partnership(LLP), any association of persons, co-operative societies, or any other undertaking can obtain MSME Udyam Registration in India.
When to apply for MSME Udyam Registration registration?
It is not mandatory to obtain actually it depends upon the sole discretion of the Entrepreneur. However, it is recommended that most businesses obtain MSME registration right after Registration of their startup to enjoy various benefits offered by the Government.