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A Complete Guide About Udyam Registration

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This PowerPoint presentation serves as a comprehensive guide to Udyam registration, the registration process, and its benefits for micro, small, and medium enterprises (MSMEs) in India. The purpose of this presentation is to provide a clear and concise overview of Udyam registration, making it an informative resource for businesses, entrepreneurs, and stakeholders interested in understanding the registration process and its significance. – PowerPoint PPT presentation

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Title: A Complete Guide About Udyam Registration


1
A Complete Guide About Udyam Registration
https//udyamregister.org/
2
Table of Contents
  • What is Udyam registration?
  • Who is eligible to register under the Udyam
    scheme?
  • What are the benefits of Udyam registration for
    small businesses?
  • How can I apply for Udyam registration?
  • Does Udyam registration provide any special
    benefits for women-owned businesses?
  • What documents are required for Udyam
    registration?
  • Is Udyam registration mandatory for all small
    businesses?
  • What is the validity period of Udyam
    Registration?
  • Conclusion

3
About Us
  • We are private consultancy and working as a udyam
    registration service provider. We have a well
    experienced team they will help you to get your
    udyam certificate. we provide service related to
    udyam along with the print application,
    re-registration and for more details do visit our
    website https//udyamregistration.co/

4
What is Udyam Registration?
  • Udyam registration is a simplified online
    registration process introduced by the Indian
    government for micro, small, and medium
    enterprises (MSMEs). It replaced the earlier
    registration process known as Udyog Aadhaar.
    Under Udyam registration, MSMEs can obtain a
    unique identification number called the Udyam
    Registration Number (URN), which serves as proof
    of their registration as an MSME entity. This
    registration provides various benefits and
    support to MSMEs, including access to government
    schemes, subsidies, loans, and other assistance
    aimed at promoting the growth and development of
    small businesses in India.

5

Who is eligible to register under the Udyam
Scheme ?
  • Under the Udyam scheme, the following entities
    are eligible to register
  • Micro Enterprises Manufacturing or service
    enterprises with investment in plant and
    machinery or equipment up to Rs. 1 crore and
    turnover up to Rs. 5 crore.
  • Small Enterprises Manufacturing or service
    enterprises with investment in plant and
    machinery or equipment between Rs. 1 crore and
    Rs. 10 crore and turnover between Rs. 5 crore and
    Rs. 50 crore.
  • Medium Enterprises Manufacturing or service
    enterprises with investment in plant and
    machinery or equipment between Rs. 10 crore and
    Rs. 50 crore and turnover between Rs. 50 crore
    and Rs. 250 crore.
  • The eligibility criteria are based on the
    investment in plant and machinery or equipment
    and the annual turnover of the enterprise. It's
    important to note that the classification of
    micro, small, and medium enterprises may vary for
    different sectors and industries.

6

What are the benefits of Udyam Registration for
Small Businesses?
  • Udyam registration offers several benefits to
    small businesses. Some of the key benefits are
  • Access to Government Schemes and Subsidies
    Udyam-registered businesses have access to
    various government schemes, incentives, and
    subsidies aimed at promoting the growth and
    development of MSMEs. These include financial
    support, credit facilities, and assistance for
    technology adoption.
  • Collateral-free Loans Udyam registration enables
    small businesses to avail collateral-free loans
    under various government schemes like Credit
    Guarantee Fund Trust for Micro and Small
    Enterprises (CGTMSE). This makes it easier for
    them to secure financial assistance for their
    business operations and expansion.
  • Protection against Delayed Payments
    Udyam-registered businesses are protected under
    the Micro, Small and Medium Enterprises
    Development (MSMED) Act, which ensures timely
    payments for their goods or services. In case of
    delayed payments, they can seek recourse through
    the MSME Samadhaan portal.
  • Preference in Government Tenders
    Udyam-registered businesses are given preference
    in government procurement processes. They have
    access to reserved tenders, which are exclusively
    meant for MSMEs. This enhances their chances of
    securing government contracts and projects.
  • Concession in Trademark and Patent Fees Small
    businesses with Udyam registration can avail
    concessions in fees for filing trademarks and
    patents. This helps them protect their
    intellectual property at a reduced cost.
  • Ease of Doing Business Udyam registration
    simplifies the compliance and regulatory
    processes for MSMEs. It reduces paperwork and
    streamlines the registration procedure, making it
    more convenient for small businesses to operate.
  • Market Development Assistance Udyam-registered
    businesses can avail support for participation in
    international trade fairs, exhibitions, and
    buyer-seller meets through the Market Development
    Assistance (MDA) scheme. This helps them explore
    new markets and expand their business reach.
  • These benefits contribute to the growth,
    competitiveness, and sustainability of small
    businesses, fostering an enabling environment for
    their development.
  • Also Read udyam registration benefits

7

How can I apply for Udyam Registration ?
  • To apply for Udyam registration, you can follow
    these steps
  • Visit the official Udyam registration portal
    (https//udyamregister.org/).
  • Create an account by providing your Aadhaar
    number and verifying it through OTP (One-Time
    Password).
  • Fill in the necessary details of your business,
    including the name, type of organization,
    address, and contact information.
  • Provide the details of the person authorized to
    sign and represent the business.
  • Enter the appropriate information regarding the
    classification of your business as micro, small,
    or medium enterprise based on the investment and
    turnover criteria.
  • Provide the bank account details of your
    business, including the account number and IFSC
    code.
  • Submit the self-declaration of the information
    provided.
  • Review and verify the entered details for
    accuracy.
  • Once the application is submitted, you will
    receive an acknowledgment containing the Udyam
    Registration Number (URN) and a digitally signed
    Udyam Registration Certificate.

8

Does Udyam registration provide any special
benefits for women-owned businesses?
  • Yes, Udyam registration offers special benefits
    and incentives for women-owned businesses.
  • The government of India recognizes the importance
    of empowering women entrepreneurs and promoting
    their participation in the business ecosystem. As
    a result, various schemes and initiatives have
    been introduced to support and encourage
    women-owned enterprises. Some of the specific
    benefits for women-owned businesses under Udyam
    registration include
  • Priority Sector Lending Banks and financial
    institutions provide priority sector lending to
    women-owned businesses, ensuring easier access to
    credit facilities and loans.
  • Subsidies and Incentives Women-owned businesses
    may be eligible for specific subsidies,
    incentives, and financial assistance schemes
    offered by the government to promote their growth
    and development.
  • Preferential Treatment in Government Tenders
    Women-owned MSMEs are given preference in
    government procurement processes, with reserved
    tenders exclusively for them. This provides them
    with increased opportunities to secure government
    contracts and projects.
  • Skill Development and Training Programs Udyam
    registration provides access to various skill
    development and training programs specifically
    designed for women entrepreneurs. These programs
    aim to enhance their entrepreneurial skills,
    knowledge, and overall business capabilities.
  • Mentoring and Business Support Women
    entrepreneurs can avail themselves of mentoring
    programs and business support services that
    provide guidance, mentorship, and technical
    assistance to help them navigate challenges and
    succeed in their ventures.
  • These benefits aim to create an inclusive and
    supportive environment for women-owned
    businesses, enabling them to thrive and
    contribute to the economy. It is important for
    women entrepreneurs to take advantage of Udyam
    registration to access these special benefits and
    leverage the opportunities available to them.

9

What documents are required for udyam registration
  • The specific documents required for Udyam
    registration may vary depending on the type and
    nature of the business. However, generally, the
    following documents are commonly required
  • Aadhaar Card The Aadhaar card of the applicant
    is necessary for individual entrepreneurs,
    partners, or directors of the business.
  • PAN Card The Permanent Account Number (PAN) card
    of the business entity or the individual applying
    for Udyam registration.
  • Business Address Proof Documents such as
    electricity bills, telephone bills, lease
    agreement, or property tax receipts that serve as
    proof of the business address.
  • Bank Account Details The bank account details of
    the business, including the account number and
    the IFSC code.
  • Ownership/Partnership Deed In the case of a
    partnership or proprietorship firm, the ownership
    or partnership deed is required.
  • Certificate of Incorporation For companies or
    LLPs (Limited Liability Partnerships), a
    certificate of incorporation issued by the
    Registrar of Companies is necessary.
  • Industrial Classification The appropriate
    Industrial Classification Code (NIC code) that
    represents the main economic activity of the
    business.
  • It is important to note that these documents are
    general requirements, and additional documents or
    information may be required depending on the
    specific circumstances of the business. It is
    recommended to check the official Udyam
    registration portal or consult with the relevant
    authorities for the most accurate and up-to-date
    document requirements.

10

Is Udyam Registration mandatory for all small
businesses ?
  • Yes, Udyam registration is mandatory for all
    small businesses that wish to avail themselves of
    the benefits and privileges provided under
    various government schemes for micro, small, and
    medium enterprises (MSMEs). As per the MSME
    Development (Amendment) Act 2021, every existing
    and new MSME is required to register under the
    Udyam scheme.
  • It is important to note that obtaining Udyam
    registration is voluntary. However, without Udyam
    registration, small businesses may not be able to
    access the advantages and support offered by the
    government exclusively to Udyam-registered
    enterprises. These benefits include financial
    assistance, subsidies, preferential treatment in
    government tenders, protection against delayed
    payments, and more.
  • Therefore, while Udyam registration is not
    legally mandated for all small businesses, it is
    highly recommended to register to take advantage
    of the numerous benefits and opportunities
    available under the scheme.

11
What is the validity period of Udyam Registration?
  • The Udyam registration certificate does not have
    a specific validity period. Once a business
    obtains Udyam registration, it is considered
    valid unless there are any changes or updates to
    the information provided during the registration
    process. However, it is important to note that
    businesses are required to periodically update
    their information, such as turnover and
    investment in plant and machinery or equipment,
    based on self-declaration.
  • Previously, under the Udyog Aadhaar registration
    system, businesses had to renew their
    registration every five years. However, with the
    introduction of Udyam registration, there is no
    specific renewal requirement mentioned. The
    registration is expected to remain valid unless
    there are significant changes that may affect the
    classification of the business.
  • It is recommended for businesses to keep their
    registration details up to date and make any
    necessary updates if there are substantial
    changes in their operations or classification as
    per the Udyam scheme.

12
Conclusion
  • This guide has provided a comprehensive overview
    of Udyam registration, covering its definition,
    eligibility, benefits, application process,
    required documents, and its importance for small
    businesses. Udyam registration offers significant
    advantages, including access to government
    schemes, collateral-free loans, protection
    against delayed payments, preference in
    government tenders, and ease of doing business.
    It is a crucial step for small businesses seeking
    support and opportunities in India's competitive
    market.

13
Contact us
  • Helpline 91 - 7996130888 (please prefix 91
    before calling) Contact Within 1000 AM to
    500 PM , (Monday To Saturday)
  • Email id care_at_udyamregister.org
  • https//udyamregister.org/

14




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