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UDYAM registration and LEDGERS Accounting Software for providing estimates, invoices, tracking purchases, filing GST returns and generating GST eWay bill.
Basic
UDYAM Registration
LEDGERS Accounting Software
UDYAM Registration
Udyam registration or MSME registration is the new process for registering MSME launched by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020.This is instrumental if you wish to certify that your small or medium business or enterprise is Legal and Operational.
Documents Required
PAN Card
Aadhaar Card
Applicable to
Proprietorships
HUF
Partnership firms
One person company
Private limited Company
Producer Company
Limited Liability Partnerships
Association of Persons
Cooperative Societies
Udyam Registration Benefits
Having Udyam Registration for your venture entitles your Business to the following benefits:
♦ Concession in Electricity Bills
♦ Having Udyam registration gives a special preference in Procuring Government Tenders
♦ Tax Rebates
♦ Udyam Registration will help to get the bank loans without Mortgage/Collateral
♦ 1% exemption on the Interest rate on Bank Overdraft.
♦ Fast resolution of Disputes
♦ Special 50% discount on Government fees for Trademark and Patent filing
♦ Gives protection against the delay in payment from Buyers
♦ Having Udyam registration gives a higher preference to Businesses for government license and certification
Classification of Enterprises
Classification
Micro Enterprises
Small Enterprises
Medium Enterprises
Manufacturing Enterprises and Services Enterprises
Investment in Plant and Machinery or Equipment: Not more than Rs. 1 Crore & Turnover: Not more than Rs. 5 Crore
Investment in Plant and Machinery or Equipment: Not more than Rs.10 crore & Turnover: Not more than Rs. 50 Crore
Investment in Plant and Machinery or Equipment: Not more than Rs.50 Crore & Turnover: Not more than Rs. 250 Crore