The upcoming and existing companies are required to be registered under the Udyam registration portal according to the 26 June 2020 notification issued by the government. The micro, small and medium-sized enterprises previously registered under UAM or EM I and II had to redeem their registration July 1st, 2020 . The companies registered before 30 June 2020 will be reassessed according to the new government concept of MSME and the companies registered under UAM after 30 June are valid until 31 June 2020 .
What Is Udyam Registration?
Udyam Registration is the process which simplifies the procedure of registration under MSME. The Indian Government has a motto to save the Entrepreneur from hard registration procedure and to promote ease of doing business. Udyam Registration is a new registration process for MSME enterprises. The new registration process for MSME Udyam is fully online and is based on self-declaration. No documents are required.The latest portal is known as the Udyam registration portal
Benefits Of Udyam Registration For Society
To avail the subsequent benefits MSME / Subsidies/ Low Interest Loans / Collateral Free Loans/etc, you have to register under new udyam Scheme provided by the Government.
Registration of Udyam allows receiving government tenders
Helps to subsidize bank loans at low-interest rates
15% import subsidy on fully automatic bank loans
Registered Udyam MSME, the company receives tariff subsidies
Secure collateral loans from financial institutions and the banks
Government security deposit (EMD) waiver (Useful while participating tenders)
Ease of obtaining registrations, licenses & approvals.
List of Documents Required For Society
12 digit Aadhaar number
bank account details of business for the registration process
PAN And GSTIN documentation is also required in case of company registration
Apply Udyam Registration Today For Society
Now after reading this article you must have understood the value of getting a valid udyam registration Certificate for your company. The online registration process for udyam is simpler and faster. Grab this opportunity now, and offer the much-needed boost to your enterprise.
You can visit udyam registration portal for getting your business registered under MSME Udyam, take professional help in registration work @ reasonable fees.
This website is a property of a private consultancy firm. We provide consultancy services w.r.t. MSME / Udyog Aadhaar Registration. Please note we are private consultants. We do not represent any government office or any government department.
Need to ask us a
Feel free to contact us
for any suggestions or service related issues.