{"id":2007,"date":"2023-05-26T05:28:27","date_gmt":"2023-05-26T05:28:27","guid":{"rendered":"https:\/\/dev.taxadwise.com\/?p=2007"},"modified":"2023-05-31T06:58:02","modified_gmt":"2023-05-31T06:58:02","slug":"udyam-registration","status":"publish","type":"post","link":"https:\/\/dev.taxadwise.com\/udyam-registration\/","title":{"rendered":"Udyam Registration"},"content":{"rendered":"\n

Udyam Registration is the new process for registering MSMEs (micro, small, and medium enterprises) launched by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020. The process has replaced the earlier Udyog Aadhaar registration process and is essential for availing various benefits of schemes or programs of the Ministry of MSME.<\/p>\n\n\n\n

Incorporation Process<\/h2>\n\n\n\n

Udyam Registration is a simple process and does not require the handling of paperwork.<\/p>\n\n\n\n

Any person who aspires to establish a micro, small, or medium enterprise can avail of Udyam Registration.<\/p>\n\n\n\n

Proprietorships, Partnership Firms, Person Companies, Private Limited Companies, Limited Companies, Producer Companies, Limited Liability Partnerships, any association of persons, cooperative societies, or any other undertaking can obtain MSME Udyam Registration in India.<\/p>\n\n\n\n

After registration, a permanent registration number and recognition certificate will be issued.<\/p>\n\n\n\n

Documentation and Other Considerations<\/h2>\n\n\n\n

The Udyam Registration Certificate will be issued online and will have a dynamic QR Code for accessing enterprise details.<\/p>\n\n\n\n

Udyam Registration Number is a permanent identification number, and there will be no need for renewal of Registration.<\/p>\n\n\n\n

Registered Udyam enterprises are end to various benefits, including special preference in procuring government tenders, bank loans without collateral\/mortgage, tax rebates, tariff subsidies, and capital subsidies.<\/p>\n\n\n\n

Udyam registration also provides protection against delayed payments, concession in electricity bills, and fast resolution of disputes.<\/p>\n\n\n\n

Udyam registration has made the process more accessible than it was earlier, at the time of Udyog Aadhaar registration.<\/p>\n\n\n\n

Who can apply for Udyam registration?<\/h2>\n\n\n\n

Any person who aspires to establish a micro, small, or medium enterprise can avail of Udyam Registration. Proprietorships, Partnership Firms, <\/p>\n\n\n\n

One Person Companies, Private Limited Companies, Limited Companies, Producer Companies, Limited Liability Partnerships, any association of persons, co-operative societies, or any other undertaking can obtain MSME Udyam Registration in India.<\/p>\n\n\n\n

Documents Required<\/h2>\n\n\n\n