Udyam Registration
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Easy Online Udyam registration done by Experts. Get your Udyog Aadhar Delivered on time
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100% Online process, Quick processing and filing assured T&C*
Udyam - Overview
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Micro, small, and medium-sized enterprises (MSMEs) play a vital role in India's GDP, employing over 110 million people. Despite this, they encounter growth hurdles. To assist them, the Indian government launched a new classification on 13 May 2020, designating all MSMEs as 'Udyam' and making 'Udyam Registration' mandatory from 1 July 2020, to offer support and recognition.
Udyam Registration, initiated by the Ministry of Micro, Small, and Medium Enterprises, aims to categorise Indian MSMEs and provide them with rightful benefits. The registration process ensures seamless integration with diverse government databases, including PAN, GST, and IT.
Benefits of Udyam Registration
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Udyam Registration is an online registration process for micro, small, and medium enterprises (MSMEs) in India. It is a mandatory process for MSMEs that want to avail of government benefits and subsidies. The registration process is simple and can be completed online in a few minutes.
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Easy access to loans and credit: Udyam-registered MSMEs can avail of collateral-free loans and credit facilities from banks and other financial institutions.
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Government subsidies and schemes: Udyam-registered MSMEs are eligible for various government subsidies and schemes, such as the Credit Linked Capital Subsidy Scheme (CLCSS) and the Interest Subsidy Scheme for MSMEs.
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Tax benefits: Udyam-registered MSMEs can avail of various tax benefits, such as income tax exemptions and deductions.
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Priority in government procurement: Udyam-registered MSMEs get priority in government procurement tenders.
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Easy access to industrial licenses and approvals: Udyam-registered MSMEs can easily obtain industrial licenses and approvals from the government.
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Reimbursement of ISO certification fees: Udyam-registered MSMEs can get reimbursement of ISO certification fees.
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Protection against delayed payments: Udyam-registered MSMEs are protected against delayed payments from customers.
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Free online courses and training: Udyam-registered MSMEs can access free online courses and training programs on various business-related topics.
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Access to market linkages and export opportunities: Udyam-registered MSMEs can avail of market linkages and export opportunities through various government initiatives.
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Increased credibility: Udyam Registration enhances the credibility of MSMEs among potential investors, partners, and customers.
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Improved brand image: Udyam Registration helps MSMEs project a professional image and establish themselves as credible businesses.
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Simplified compliance: Udyam Registration simplifies compliance requirements for MSMEs, making it easier for them to operate legally.
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Access to government forums and networks: Udyam-registered MSMEs can participate in government forums and networks to exchange ideas, collaborate with other businesses, and explore new opportunities.
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Entrepreneurial support and handholding: Udyam-registered MSMEs can avail of entrepreneurial support and handholding services from government agencies and incubation centres.
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