As per the notification issued by the government 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.
Any person who intends to establish a 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.
New Definition of MSMEs Under Udyam
Micro enterprise – Investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed five crore rupees
Small Enterprise- Investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees
Medium Enterprise - Investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.
Registration for existing companies- Last Date
All existing companies registered under EM Part-II or UAM will be required to register again on Udyam Registration Portals on or after 1st June 2020. All enterprises registered before 30th June 2020, will be re-classified in accordance with this notification. Enterprises registered prior to 30th June 2020, shall continue to be valid only till 31st March 2021.
Benefits of Udyam Registration
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
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 working days you will receive your Udyam Registration e-certificate in your registered e-mail address.
Documents Required for Udyam Registration
Personal Aadhaar number is required for Udyam Registration.
The Aadhaar number shall be of the possessor in the case of a proprietorship firm, of the managing partner in the case of a partnership firm and of a Karta on condition of a Hindu Undivided Family (HUF).
In the case of a Private Limited Company or a Limited Liability Partnership or a Cooperative Society or a Society or a Trust, the organization or its authorized signatory shall provide its GSTIN and PAN alongside its Aadhaar number.
In case of an enterprise or MSME’s which is already registered as an Udyam with PAN, any deficiency of data for previous years when it did not have PAN shall be filled up on a self-declaration basis.
Reasons for you to choose our services
We are home to an entire group of experts and professionals who are very well versed with the nuances of processes for business certification according to the government rules. We have a very satisfied customer base and our clientele ranges from new businesses which are just starting out in their respective industries to well-established businesses. All our customers are very happy and satisfied with our services and also come back to us for help in any future registration and certification processes.
Through portals like udyogaadhaargov.co.in which offer quick and hassle-free registration online from the safety of your home registration has never been easier. Online Udyam registration through the above portals also saves time by cutting out the excess time required to get registered offline in government departments or on government sites which have a very complicated and long procedure which is not very customer friendly and very confusing for new business owners and first-time registration customers. 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 at;
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