UDYAM REGISTRATION PROCESS ONLINE
MSME UDYAM REGISTRATION FORM - ONLINE CONSULTANCY APPLCATION PROCESS
Lifetime Valid Certificate of Udyam/MSME for Manufacturing & Service Industry
READ THE INSTRUCTION TO FILL UDYAM REGISTRATION FORM
UDYAM पंजीकरण फार्म भरने के लिए निर्देश पढ़ें
“यहां बिजनेस पैन का उल्लेख करें। प्रोप्राइटरशिप के मामले में प्रोप्राइटर का पैन उल्लेख करें।”
Note: This udyam/msme/ udyog aadhar online consultancy registration (udyamregistrationform.com) website is run by a team of professional private consultants in India. Our aim is to help micro & small businesses register as MSME and obtain their MSME / Udyog Aadhaar / Udyam registration as quickly as possible. While there is no valuation for getting the registration, we do charge a modest fees (INR 1499) to provide faster and better services in terms of informing and supporting you with the Department of MSME’s schemes programmes and advantages. Please note that there are no government accesses for MSME/Udyog Aadhar/Udyam Registration, as this portal is not a government website. You paid Advisory & Application Process fees to get your registration number & Udhyam certificate and to receive additional advice on the numerous permits and licences required to conduct a business in compliance with state and federal regulations.
PROCESS TO OBTAIN MSME UDYAM REGISTRATION CERTIFICATE ONLINE
Fill Up Application Form
Make Online Payment
Executive Will Process Application
Receive Certificate On Mail
WHAT THE UDYAM REGISTRATION PROCESS IS AND WHY IT IS IMPORTANT FOR BUSINESS
The Udyam Registration Process is an online registration process for Micro, Small and Medium Enterprises (MSMEs) in India. The Udyam Registration Process is a new and improved version of the earlier MSME registration online process, which has been revamped to make it more beneficial and streamlined for MSMEs.
The Udyam Registration Process is important for businesses for several reasons. First, it provides a unique identification number to registered MSMEs, which helps in accessing various government schemes and benefits. These schemes and benefits include loans at lower interest rates, subsidies, and more.
Second, the Udyam Registration Process allows MSMEs to take advantage of various credit facilities offered by banks and financial institutions. This helps MSMEs to secure funding for their business and expand their operations.
Third, the Udyam Registration Process helps MSMEs to become more competitive by giving them greater visibility and credibility in the market. The registration process provides an official recognition of the business as an MSME, which helps in building trust and attracting more customers.
Overall, the Udyam Registration Process is an important step for businesses looking to establish themselves as MSMEs in India. It provides several benefits and opportunities that can help them grow and succeed in the market.
WHY WAS UDYAM BROUGHT UP?
Udyam Registration was introduced by the Ministry of Micro, Small, and Medium Enterprises to classify MSMEs in India and provide them with the necessary benefits. The government has structured Udyam registrations in such a way that registered organisations will automatically begin to appear in other government databases such as PAN, GST, and IT.
ADVANTAGES OF UDYAM REGISTRATION PROCESS FOR MSMES.
- Access to government schemes and subsidies: MSMEs registered under the Udyam Registration Process can access various government schemes and subsidies, including financial assistance, tax exemptions, and more.
- Easier bank loans: Banks and financial institutions offer lower interest rates on loans to registered MSMEs, making it easier for them to secure funding for their business. Learn about SBI Business Loan Process: A Complete Guide.
- Faster credit disbursement: Registered MSMEs can access credit facilities from banks and financial institutions faster, allowing them to invest in their business more quickly.
- Better chance for government tenders: Udyam Registration Process provides an official recognition of the business as an MSME, which helps in obtaining government tenders and contracts.
- Protection against delayed payments: MSMEs registered under the Udyam Registration Process are eligible for protection against delayed payments from their customers.
- Reduced business cost: Registered MSMEs can take advantage of various government subsidies and tax exemptions, which reduces their business cost.
- Access to various business opportunities: Udyam Registration Process provides registered MSMEs with access to various business opportunities, including training, marketing support, and more.
- Increased business credibility: Udyam Registration Process provides an official recognition of the business as an MSME, which helps in building trust and credibility in the market.
- Access to modern technology: Registered MSMEs can access various technology up-gradation schemes offered by the government, which helps in improving their business operations.
- Brand building: Registered MSMEs can use the Udyam Registration Process certificate as a tool for brand building and promotion.
- Protection against harassment: Udyam Registration Process provides protection against harassment from large companies or other businesses.
- Reduced stamp duty: Registered MSMEs can take advantage of reduced stamp duty rates, which reduces their business cost.
- Increased market opportunities: Udyam Registration Process provides registered MSMEs with greater visibility and credibility in the market, which helps in attracting more customers and partners.
- Easier to obtain licenses and approvals: Registered MSMEs can obtain various licenses and approvals more easily, which reduces the time and cost involved in these processes.
- Improved government support: Udyam Registration Process provides MSMEs with improved government support, including faster grievance redressal and better policy advocacy.
- Access to global markets: Registered MSMEs can access global markets more easily, which helps in expanding their business operations.
- Better credit rating: Registered MSMEs can improve their credit rating, making it easier for them to access credit facilities from banks and financial institutions.
- Increased job creation: Udyam Registration Process helps in creating more jobs, which is crucial for the economic growth of the country.
- Improved infrastructure: Udyam Registration Process provides various infrastructure development schemes, which helps in improving the overall business environment.
- Encouragement for entrepreneurship: Udyam Registration Process encourages entrepreneurship and provides various opportunities for individuals to start and grow their own businesses.
UDYAM REGISTRATION ELIGIBILITY
The Udyam Registration Process is specifically designed for Micro, Small, and Medium Enterprises (MSMEs) in India. To be eligible for registration, a business must meet the following criteria:
- Type of business: The business must be classified as a micro, small or medium enterprise as per the definition provided by the Ministry of Micro, Small and Medium Enterprises.
- Investment in plant and machinery: For manufacturing or production-based businesses, the investment in plant and machinery should not exceed Rs. 50 lakhs for micro-enterprises, Rs. 5 crores for small enterprises, and Rs. 10 crores for medium enterprises.
- Turnover: For service-based businesses, the turnover of the business should not exceed Rs. 1 crore for micro-enterprises, Rs. 10 crores for small enterprises, and Rs. 50 crores for medium enterprises.
- Valid Aadhaar number: The business must have a valid Aadhaar number of the owner, director, or authorized signatory.
ELIGIBILITY CRITERIA FOR UDYAM REGISTRATION
Type of Enterprise | Investment Criteria | Annual Turnover Criteria |
Micro | Does not exceed ₹1 crore | Not exceeding ₹5 crore |
Small | Does not exceed ₹10 crore | Not exceeding ₹50 crore |
Medium | Does not exceed ₹50 crore | Not exceeding ₹250 crore |
It is important to remember that the Udyam Registration Process eligibility criteria are likely to be modified, and businesses should check the most recent eligibility requirements before registering. Furthermore, businesses must self-declare their eligibility and provide all required documents and information to complete the registration process. Before beginning the registration process, it is best to consult with a udyam professional or expert to ensure that all requirements are met.
THE DIFFERENCE BETWEEN THE EARLIER MSME REGISTRATION PROCESS AND THE NEW UDYAM REGISTRATION PROCESS.
The Udyam Registration Process is a new online registration process introduced by the Government of India to simplify the registration process for Micro, Small, and Medium Enterprises (MSMEs) and provide various benefits to them. Here are some of the key differences between the earlier MSME registration process and the new Udyam Registration Process:
- Online registration: The Udyam Registration Process is a completely online process, which means that businesses can register for MSME status from anywhere in India. Earlier, the registration process involved physical documentation and submission of the application form.
- Self-declaration: In the Udyam Registration Process, businesses are required to self-declare their MSME status based on their investment and turnover. Earlier, businesses had to obtain a certificate from various authorities to prove their MSME status.
- Aadhaar-based registration: The Udyam Registration Process requires the use of an Aadhaar number for the registration of businesses, which was not mandatory in the earlier registration process.
- Simplified documentation: The Udyam Registration Process requires only basic documentation, such as the PAN and GSTIN of the business, bank account details, and the Aadhaar number of the owner or authorized signatory. Earlier, businesses had to submit various documents related to their business and financials.
- Validity period: The Udyam Registration certificate is valid for a period of 5 years, which was not specified in the earlier registration process.
- New investment limits: The Udyam Registration Process introduced new investment limits for MSMEs, which are higher than the earlier limits. For instance, the investment limit for small enterprises was increased from Rs. 5 crores to Rs. 10 crores.
Overall, the Udyam Registration Process aims to simplify the registration process for MSMEs and provide various benefits to them, such as access to government schemes and subsidies, easier bank loans, protection against delayed payments, and more.
Learn about Top 10 Small Business Loan by Government in India 2023.
BENEFITS OF UDYAM REGISTRATION PROCESS
The Udyam Registration Process offers several benefits for Micro, Small, and Medium Enterprises (MSMEs) in India. The Udyam Registration Process is designed to help businesses, especially MSMEs in India, to grow and become more competitive in the market. Here are some ways in which the Udyam Registration Process can help businesses and some of the key benefits of registering under the Udyam scheme:
- Access to government schemes: MSMEs registered under the Udyam scheme are eligible for various government schemes, such as credit linked capital subsidy scheme, technology upgradation scheme, and more. These schemes provide financial assistance and other benefits to MSMEs for their growth and development.
- Priority sector lending: MSMEs registered under the Udyam scheme are classified as priority sector for lending by banks, which means they have easier access to credit facilities from banks and financial institutions.
- Subsidies and incentives: MSMEs registered under the Udyam scheme are eligible for various subsidies and incentives offered by the government, such as subsidies for technology upgradation, marketing, and quality certifications.
- Protection against delayed payments: The Udyam Registration Process provides protection to MSMEs against delayed payments for their goods and services. The scheme mandates that buyers make payment to MSMEs within 45 days of the acceptance of goods or services.
- Reduced fee for trademarks and patents: MSMEs registered under the Udyam scheme are eligible for a reduction in fees for trademark and patent registrations, which can save them a significant amount of money.
- Better market access: MSMEs registered under the Udyam scheme are given preference in government procurement, which can provide them with better market access and more business opportunities.
- Reduced compliance burden: The Udyam Registration Process simplifies the registration and compliance process for MSMEs, reducing their administrative burden and allowing them to focus on their core business operations.
Overall, the Udyam Registration Process offers several benefits to MSMEs, making it easier for them to start and grow their businesses. It provides them with easier access to credit facilities, government schemes, and subsidies, which can help them expand their operations and increase their competitiveness in the market.
STEP-BY-STEP UDYAM REGISTRATION PROCESS
The Udyam Registration Process is a simple online registration process designed to facilitate the registration of Micro, Small, and Medium Enterprises (MSMEs). Here is a step-by-step guide on how to register under the Udyam scheme by filling out the udyam registration form online.
Step 1: Visit the Udyam Registration portal: Visit the official website at udyam registration portal gov in to start the registration process.
Step 2: To register as a new entrepreneur, go to the home page and click the “For New Entrepreneurs who are not yet Registered as MSME or those with EM-II” button. Click the button “For those already having registration as UAM” or “For those already having registration as UAM through Assisted filing” if you already have UAM registration and want to migrate to Udyam or Re-Register UAM.
Step 3: When the “For New Entrepreneurs who are not yet Registered as MSME or those with UAM-II” button is clicked, the registration page is opened. Enter your Aadhaar number in the required field on the Udyam Registration portal. You will need to authenticate your Aadhaar number and name of entrepreneur through an OTP (one-time password) sent to your registered mobile number. To register, enter the entrepreneur’s Aadhaar Number and name in the columns provided on the page, then click the “Validate & Generate OTP” button.
Step 4: After clicking this button, the type of Organisation and PAN (Permanent Account Number) card details must be entered, and registration is complete after PAN card verification and udyam registration details are entered. If an entrepreneur does not have a PAN card, they can fill out the udyam registration form and the registration will be completed.
Step 5: Enter your GSTIN (Goods and Services Tax Number) and ITR so fill the details Otherwise click no.
Step 6: Submit all of the udyam Applicant’s details, such as name and email address. Mobile number, category, gender, business and unit name, and so on.
Step 7: Give your plant/ business location information such as unit name, flat number and town, block, road, city, state, district and pin code, and so on.
Step 8: Give your official plant/ business location information such as unit name, flat number and town, block, road, city, state, district and pin code, and so on.
Step 9: You already have em-2/uam. Click the EM-2/UAM option and fill out all of the details, or click the nil option.
Step 10: Provide information about the company’s incorporation date, production status, and start date.
Step 11: Give the bank information such as the bank name, ifsc code, and applicant bank account number. and complete the activity unit details.
Step 12: Please enter the details NIC code. NIC code 3 column and different type NIC code according to your company’s activity.
Step 13: Fill in the correct number of employees by specifying whether they are male, female, or other.
Step 14: Fill in the correct investment and turnover information, and then provide the district industries center.
Step 15: Finally, submit the captcha and click submit to obtain the final OTP. and wait a while.
Step 16: The next window appears after a while. After successfully registering, you will receive a ‘Thank You’ message on your mobile number and e-mail ID, along with your Udyam registration number. This indicates that your Udyam Registration Process is complete. Your msme registration number will be provided to you.
Step 17: The Udyam Registration Certificate can then be downloaded and printed within 3-4 days.
A unique udyam registration number will be generated, and you will receive an electronic certificate of registration after a few days.
Note: When you submit the udyam registration form, a successful MSME registration message with a reference number will appear on your screen. You can download and print Udyam Registration Certificate from here in just few hours. If you do it on your own it will be issued within 3-4 days of your registration being verified.
The Udyam Registration Process is entirely online, and there are no charges for the registration process on the government portal. The registration is self-declaratory and requires no documents or proof to be uploaded.
In conclusion, the Udyam Registration Process is a simple and straightforward process that can be completed within a few minutes. It provides several benefits to MSMEs, such as access to credit facilities, government schemes, and subsidies, which can help them to grow and become more competitive in the market.
If you are a micro or small business owner looking for additional financing, bank has a variety of tailored solutions to assist you. To get started, you can also apply for a project report for bank loan. For more information, contact your Relationship Manager or visit the nearest bank branch.
Learn about SBI eMudra Loan Apply Online 50000, Benefits, Eligibility.
FREQUENTLY ASKED QUESTION ON UDYAM REGISTRATION PROCESS
Udyam Registration is the new online process of MSME business registration under the Ministry of Micro, Small and Medium Enterprises officially launched on July 1, 2020.
Yes, you can use your Udyam Registration Certificate to apply for an MSME business loan. In fact, the Udyam Registration Certificate is an essential document that lenders and financial institutions require when considering your loan application. Since Udyam Registration is a government-recognized certification, it adds credibility to your business, making it easier for you to get a loan.
Banks and other financial institutions have different loan products designed specifically for MSMEs. These loans may be in the form of working capital loans, machinery loans, term loans, or overdraft facilities, among others. These loans may also be offered at lower interest rates and with more favorable terms and conditions, such as longer repayment periods, than those offered to non-registered businesses.
To apply for a loan, you will need to provide the lender with your Udyam Registration Certificate, along with other documents such as your business plan, financial statements, and income tax returns. The lender will evaluate your loan application based on various factors, such as the nature of your business, its financial health, and your repayment capacity.
In summary, Udyam Registration Certificate can be used to get an MSME business loan from various financial institutions, providing your business with access to funding for growth and expansion.
Yes, Udyam registration has taken the place of Udyog Aadhaar registration. The Ministry of MSME announced that Udyam registration will be the new process for MSME/Udyog Aadhaar registration beginning July 1, 2020. Entrepreneurs with Udyog Aadhaar registration were required to migrate to Udyam registration by December 31, 2021 in order to receive government benefits for MSMEs.
Banks and other financial institutions have different loan products designed specifically for MSMEs. These loans may be in the form of working capital loans, machinery loans, term loans, or overdraft facilities, among others. These loans may also be offered at lower interest rates and with more favorable terms and conditions, such as longer repayment periods, than those offered to non-registered businesses.
To apply for a loan, you will need to provide the lender with your Udyam Registration Certificate, along with other documents such as your business plan, financial statements, and income tax returns. The lender will evaluate your loan application based on various factors, such as the nature of your business, its financial health, and your repayment capacity.
In summary, Udyam Registration Certificate can be used to get an MSME business loan from various financial institutions, providing your business with access to funding for growth and expansion.
The application for Udyam registration is made online through the Udyam registration portal. A registration certificate is usually issued four or five days after the application is submitted. The applicant will be notified via email with their Udyam registration number. However, the process may take longer than 15 days to complete at times.
The MSME Udyam registration certificate is valid for the duration of the enterprise for which it was obtained. As a result, it does not need to be renewed.
In the case of a proprietorship firm, the proprietor’s Aadhaar number should be provided. In the case of a partnership firm, the managing partner’s Aadhaar should be provided, and in the case of a Hindu Undivided Family (HUF), the Karta’s Aadhaar should be provided.
Yes, they are identical. Udyam registration is another name for MSME registration. The Udyam certificate is one issued by the Ministry of MSME. It certifies that an entity meets the MSME definition and is eligible for MSME benefits.
This private udyam registration consultancy center portal is an online registration service provider based in India, offering information and services to individuals who wish to start a micro small business registration. The company is committed to providing high-quality and affordable services to make the process of starting a new business registration as easy as possible. The company operates 24/7 and can be contacted through their website, www.udyamregistrationform.com. Their objective is to assist business owners and startups in achieving their business goals and staying compliant with regulations. The company offers a one-click solution for all professional needs and is available to address any queries or issues customers may have.
Contact for Assistance
Email: helplineudyam@gmail.com