MSME - Udyam Adhaar Registration
MSME – Udyam Adhaar Registration is now easy when done by FileFunda. We provide quick and affordable service to register MSME – Udyam Adhaar through 100% online process (WhatsApp your documents we will do the rest).
What is MSME - Udyam Adhaar Registration?
MSME full form is Micro, Small and Medium Enterprises. MSMEs are the backbone of the Indian economy. The Indian MSMEs sector contributes about 29% towards the GDP through its national and international trade.
Businesses register under MSME get several benefits like low interest on a business loan, flexible loan repayment tenure of up to 4 years, can avail business loans, and can avail government loan schemes like CGTMSE and PMEGP.
MSME Certificate Registration also known as Udyog Aadhaar Certificate. All Micro, Small and Medium-sized enterprises including those who come under latest startup act can register under the MSMED Act that provides them with a host of benefits & access to subsidies, & schemes of the Indian government.
Advantages of MSME - Udyam Adhaar Registration
All the business which are registered under the MSME can avail the benefits regarding the bank loans. Banks are provide the collateral free loans where your property is not pledge with the Banks. Govt and SIDBI both create a separate legal entity which work to implement this scheme on the all small and medium business enterprises.
The Ministry of MSME lends a helping hand to such Businesses by giving them the power to collect interest on the payments that are deferred or delayed from the buyer’s side. The completion of such disputes has to be done in minimum time through reconciliation and adjudication.
Documents required to register MSME - Udyam Adhaar
MSME Registration in 3 Easy Steps
Process of MSME Registration
- Spare less than 5 minutes to fill our online Questionnaire
- Upload required Documents
- Make quick payment through our secured gateways
- Discussion and collection of basic Information
- Provide Required Documents
- Decide the due dates of filing
- Assigned Relationship Manager
- Collecting required documents for filing MSME Registration
- Online Filing of MSME Registration
- Filing Online MSME Registration Application
- All it takes is 3 working days*
*Subject to Government Processing Time
- Follow up with Government Portal for Approval
- After Approval, You will get MSME Registration
Most frequent questions and answers
Although, there is no compulsion to get MSME Registration but is always advised to do so as it provides lots of benefits to the enterprises registered under the MSME Act. It gives you an identity as it is a certificate provided by the Government of India and will save you from a lot of inconveniences later on. You can apply for MSME easily through the Government’s online portal of Udyam Registration.
MSMEs are recognized by all the institutions and banks. Special schemes are drafted to recognize them as well. Banks prefer MSMEs instead of normal enterprises to lend loans. The possibility of getting a sanctioned loan is much higher in the case of Udyog Aadhaar Registration. Bank loan interest rates will also be lower.
All existing businesses registered under EM–Part-II or UAM shall register again on the Udyam Registration portal of Government on or after the 1st day of July, 2020. All those registered till 30th June, 2020, shall be re-classified as per latest notification of Government The existing registered MSME prior to 30th June, 2020, shall continue to be valid only for a period up to the 31stday of March, 2021.
Government charges no fees for Udyam/ MSME registration in India. Apart from that a minimum consulting fee is also attached with the final MSME registration fee if you get it done through any service provider. We at FileFunda, have a full fleet of MSME experts who will look forward to all your queries.
Udyog Aadhaar is a 12 digit unique identification number issued by the MSME. The idea behind issuing Udyog Aadhaar is similar to that of Aadhaar which is issued by UIDAI viz. to authorize the identity of an individual.
It becomes imperative on the part of the government to offers certain benefits to this sector, therefore Udyog Aadhaar registration becomes mandatory. The registration process of Udyog Aadhaar is very convenient.
Visit the udyam official website >>> Fill up the registration form >>> Upload the necessary documents >>> Document verification in process >>> Udyam registration certificate will be issued after complete verification
• Government tenders.
• Government tenders.
• Import subsidy .
• Ease in getting Approvals & Registrations.
• Lower interest rates.
• Tariff & Non-tariff tax subsidies.
• Direct tax exemptions.
• Benefits associated with government schemes.
• credit availability from the government.
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