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MSME Registration – Latest Updates and Free License Registration Guidance by India’s Leading Consultants
WeR Consultants offer Company Registration, GST Registration, ISO Certification, Accounting services, Audit Services, Copyright Registration,Trademark Registration, Trade License, Shop and Establishment registration, Import Export Code Registration, MSME Registration, FSSAI Registration and Consultancy services in India.
WeR Consultants LLP is dedicated to assist entrepreneurs to easily start and run their business successfully, at an affordable cost and with the peace of mind. WeR Consultant started in October 2014 from its first office in “City of Dreams” of India i.e. Mumbai. Currently we are having our presence in more than Eight Cities and helping entrepreneurs in legal compliance related to starting and running their business. WeR Consultants has its own in-house team of Professionals to serve its customer efficiently throughout India seamlessly.
WeR Consultants LLP means combining business reality with the practice of law, an innovative approach to business and litigation, and applying our blessings with our profession. WeR Consultants LLP is committed to providing service with integrity, delivering common sense, flexible and cost appropriate solutions, and being good of your trust. WeR Consultants LLP invests in lasting partnerships with clients and the community.
Vision is to make Company Registration, GST Registration , FSSAI Registration and related Services Easy, Quick and Affordable for entrepreneurs, Companies and Business Owners.
WeR Consultants
Office: D-8,Plot no 1,ARUNODAY CHS LTD ,GORAI-1,Behind Maxus cinema,BORIVALI WEST ,MUMBAI-400092,Maharashtra
This Video shares complete information on Udyam MSME Registration, Validity, Eligibility, Documents, Guidelines, Fee, Process and where to Apply. For ...
Meera corp offers Company Registration, GST Registration, Trademark Registration, Import Export Code Registration, MSME Registration, ISO Consultancy services in India.
Established in the year 2008, Meeracorp is one of the distinguished consultants and service provider immersed in the arena of presenting to our customers highly reliable Business Services, Business Startup Services and Individual Services. The personnel delivering these services are selected from some of the capable personnel present in the industry. Broadly cherished owing to its reliability, these offered services are highly acclaimed.
Meera Corp
Office: 76A/18, East Of Kailash, Near ISKCON Temple, New Delhi – 110065, Delhi, India
RegistrationsIndia.com is a A to Z one stop registration to mentor-ship program.
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Registrationwala are India’s Top Consultants who offer complete business consultations services. With more than 50,000 clients, 800 License Registrations, 15 Branches across India, 55 Team Members and 75 years of combined work experience, Registrationwala consultants are amongst top 5 Consultants in India.
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Registrationwala
Office: 137, KD Block, Pitampura, New Delhi 110034
The Udyam/MSME certification is a registration process for Micro, Small and Medium Enterprises (MSMEs) in India. The scope of Udyam/MSME certification is vast and has several benefits for businesses that fall under the category of MSMEs.
The main advantage of Udyam/MSME certification is that it provides recognition as a registered MSME, which enables businesses to access various schemes, incentives, and support offered by the government. Some of the benefits include:
Collateral-free loans: Udyam/MSME registered businesses can avail of collateral-free loans under various government schemes, which can help them to meet their financial requirements.
Credit Guarantee Fund: The Credit Guarantee Fund Scheme for Micro and Small Enterprises provides collateral-free credit facilities to MSMEs, enabling them to access credit from banks and other financial institutions.
Protection against delayed payments: Under the MSME Development Act, 2006, businesses registered under Udyam/MSME are protected against delayed payments by the buyer.
Access to technology: MSMEs can access technology up-gradation support through various government schemes and initiatives.
Ease of doing business: Udyam/MSME certification also provides various benefits for ease of doing business, such as tax exemptions, subsidies, and various other incentives.
Apart from the above benefits, Udyam/MSME certification also helps businesses to build credibility and enhances their marketability, which can help them to attract more customers and grow their business. Additionally, Udyam/MSME registration is mandatory for businesses that want to participate in government tenders.
Want to Apply for Udyam MSME Registration?
India License shares information on Udyam MSME Registration, Validity, Eligibility, Documents, Guidelines, Fee, Process and where to Apply. For those who wish to apply for Udyam / MSME Registration this will certainly help.
What is Udyam / MSME Registration?
Ministry of MSME has revised the MSME registration process w.e.f 01st July 2020. It is now known as ‘UDYAM REGISTRATION’.
The Term Udyam is equivalent to Enterprises in English. Hence all the Micro, Small or Medium Enterprises have to obtain UDAYM Registration to avail the benefits of various schemes run by the govt.
MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy.
Eligibility
Proprietorships, Hindu Undivided Family, Partnership Firm, One Person Company, Limited Liability Partnership, Private Limited Company, Limited Company, Producer Company, any association of persons, co-operative societies or any other undertaking can obtain Udyam MSME registration in India.
Who is not eligible for MSME?
Business Activities not eligible for MSME / Udyam Registration
Forestry and logging
Fishing and aquaculture
Wholesale and retail trade and repair of motor vehicle and motorcycles
Wholesale trade except of motor vehicles and motor cycles
Retail Trade Except of Motor Vehicles and motor cycles
Activities of households as employees for domestic personnel
Guidelines
MSME applies only to manufacturing and service industries with trading companies being excluded from the scheme, as trading companies only are the intermediary between the manufacturer and the consumer.
A person can file for only 1 Udyam with his Aadhar. However, the other activities/ branches related to the enterprise must be mentioned under single Udyam registration.
Registration Validity
It is valid until the owner is alive and the enterprises are functioning. There is a unique 12 digit number for the enterprise which stays with it until it is functioning. This is why the certificate is valid until the enterprise is valid.
Benefits of Udyam MSME Registration
Bank Loans (Collateral Free).
Subsidy on Patent Registration.
Overdraft Interest Rate Exemption.
Industrial Promotion Subsidy Eligibility.
Protection against Payments (Delayed Payments)
Fewer Electricity Bills.
ISO Certification Charges Reimbursement.
What type of business comes under Udyam MSME?
Micro Enterprises – where the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees
Small Enterprises – where the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees
Medium Enterprises – where the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.
Any Business having a turnover of or less than Rs. 1.5 Crores is considered a Small Business in the GST Regime and are required to GST Returns Filing & pay taxes but on a quarterly basis. Meaning MSMEs were open to the GST compliance procedures of registration, Return Filing, payments, refunds, returns, etc.
Registration Fee
Registration Process is totally free. No Costs or Fees are to be paid to anyone.
Documents Required for Udyam MSME Registration
Aadhar number of the applicant.
Name, gender, PAN number, email id and mobile number of the applicant.
PAN, location, and address of the organization.
A number of employees and the date, you are planning to start your business.
Bank account number and IFSC code.
The basic business activity of the enterprise.
How to apply for UDYAM Registration Online?
You can apply for Udyam registration online, and there is no physical form available for this registration. To apply for UDYAM (previously known as Udyog Aadhaar) registration online in India, you need to follow these steps:
Click on the “For New Entrepreneurs who are not registered yet as MSME” option.
Fill out the UDYAM registration form with all the required details, such as personal information, business details, and bank details.
Upload all the supporting documents required with the application, such as proof of identity and address, PAN card, and photographs.
Verify your mobile number and email ID through the OTP (One Time Password) sent to your registered mobile number and email ID.
Submit the completed registration form and documents online.
Wait for the UDYAM administrator to process your application, which can take around 1-2 working days.
If your application is approved, you will receive a UDYAM registration certificate from the administrator, which will allow you to avail various benefits and schemes for MSMEs (Micro, Small and Medium Enterprises) in India.
Post Udyam MSME Registration
A permanent registration number will be given after registration.
After completion of the process of registration, a certificate will be issued online.
This certificate will have a dynamic QR Code from which the web page on our Portal and details about the enterprise can be accessed.
There will be no need for renewal of Registration.
Udyam MSME Registration Reference Videos
Here are some videos related to Udyam MSME Registration which offer in-depth information on how to apply for an Udyam MSME Registration in India.
This Video shares complete information on Udyam MSME Registration, Validity, Eligibility, Documents, Guidelines, Fee, Process and where to Apply. For ...
Hiring an experienced Udyam MSME Consultant can help you save time and efforts and get an Udyam MSME Registration without a hassle in stipulated time period.
Why is it important to connect with the right Udyam MSME consultants?
A knowledgeable and professional consultant has years of experience procuring Udyam MSME Registration, registration process, preparing documents, using proper formats, avoiding common errors and supporting clients and this expertise can certainly help your business. India License connects you with BEST Udyam MSME consultants. People who know what they are doing and do it well. They deliver results. Period.
Customer Reviews
Providing the right information, latest updates, helping with documentation and paperwork, applying for the Udyam MSME Registration and getting it ensures customer satisfaction. Here are some reviews that underline the commitment and professionalism of these Consultants..
How to Find the Right Udyam MSME Consultant?
Don’t fall into Free Consultation Trap. Some ask you to add a 5 star review to their fake business listing to make it look legit. Refuse. It will harm others.
Don’t trust blindly. Read Business Reviews from others. Seek References – real people with phone numbers. Call them, seek their opinion.
Find out if they have an office. Visit their office, meet in person, check credentials before making a decision.
Find out if the consultancy business is registered. Make sure, their business is legitimate! If not registered, walk away, period.
Avoid, random, work from home, smooth talking, self proclaimed honest story weaver consultants selling Udyam MSME Registration for lowest prices!
Take your time. Compare a number of consultants before you make a decision.
Don’t make payment till you get your license. Have it all checked, be double sure before you make the payment.
Is it absolutely necessary to find a Udyam MSME consultant?
No, you will find all the relevant information on this website to apply for the Udyam MSME Registration on your own. Of course, it will take some effort and time to go through it, but it will save you good amount of money and also make you smarter. Remember – consultants are people like us. You can do, what they can do. Just go through the information given and apply online. It is not at all difficult.