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Next Filings

Documents Required

PAN Card

Aadhaar Card

UDYAM Registration

UDYAM registration and LEDGERS Accounting Software for providing estimates, invoices, tracking purchases, filing GST returns and generating GST eWay bill.

Basic

  1. UDYAM Registration
  2. 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

  1. PAN Card
  2. Aadhaar Card

Applicable to

  1. Proprietorships
  2. HUF
  3. Partnership firms
  4. One person company
  5. Private limited Company
  6. Producer Company
  7. Limited Liability Partnerships
  8. Association of Persons
  9. 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