msme registration

  Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises, beginning in September 2015. It is also known as Aadhaar for Business Udyog Aadhaar was issued in September 2015 in India as there was a dire need to make the registration processes for the micro, small and medium sized enterprises in India. Before this, the registration process was tedious and paper-heavy and the owner was required to register for both small industry and MSME, but with the introduction of Udyog Aadhaar the procedure got simpler and easier for the business owners. Following are the benefits of Udyog Aadhaar: 1.      It helps in providing bank loan without collateral or mortgage 2.    Helps in tax exemption of direct tax 3.    You can avail interest at lower rate 4.    In case of patent registration 50% grant is available 5.     Reimbursement of ISO certification 6.    Make

  MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy. MSME registration is a mandatory task for any business to start and operate in India. MSME categorized under two main categories, such as manufacturing enterprises and service enterprises. MSME’s are rapidly growing with regular support from the government and youths who are inspired and bold enough to start their own venture. Therefore, knowledge about the registration process and its benefits is an absolute must in order to give a boost to the entrepreneurial spirit of MSME & SSI founders.   Benefits of MSME Registration 1.      Bank Loans (Collateral Free): The Government of India has made collateral-free credit available to all small and micro business sectors. This initiative guarantees funds to micro and small sector enterprises. Under this scheme, both the old as well as the new enterprises can claim the benefits. A trust name

  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. 1.      Claim stamp duty and registration fees waiver. 2.    Exemption of 1% interest rate on Overdraft. 3.    Can avail subsidy from NSIC and credit ratings & Eligible for IPS subsidy. 4.    Reimbursement on the payment made for obtaining the ISO certificate. 5.     Reservation of products for exclusive manufacturing by MSME and SSI. 6.    Avail Excise Exemption Scheme. 7.     Avail exemption while applying for government tenders. 8.    Exemption under direct tax laws. 9.    Enjoy easy bank mortgages and Bank Business Loans 10.        

  Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises, beginning in September 2015. It is also known as Aadhaar for Business Ø With effect from 1st July 2020, the process of registration of Udyog Aadhar is known as Udyam Registration. Ø Udyog Aadhar is a government registration provided with a recognition certificate known as Udyog Aadhar Certificate. Ø You can file more than one Udyog Aadhar with a similar Aadhar number. Ø You require Aadhar number, Industry name, Address, Bank details etc. for Udyog Aadhar Registration. Ø Udyog Aadhar provides benefits like easy registration process, bank loans at a lower rate, rebates on tariffs, eligibility of government subsidies and setting up of business at lower costs etc. UAM (Udyog Aadhaar Memorandum) Udyog Aadhaar Memorandum is the registration form wherein the MSME certifies its existence, and p

  As per notification of MSME dated 26.06.2020, Udyam Registration is the new process of MSME/UDYOG AADHAAR Registration launched by the Ministry of Micro, Small and Medium Enterprises effective from July 1, 2020. 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 Registration is a new online replacement of Udyog Aadhaar registration for small and medium enterprise businesses in India. This new Udyam registration for business and enterprise owners makes the process more simplify and will get an e-certificate of recognition and a unique number. For getting micro, small-medium business enterprises registered under the Ministry of MSME. The Government Udyam Registration's main objective is to provide single-page