Never miss an another update Subscribe Now

Linkedin facebook twitter
Documents Required for Udyam Registration

Documents Required for Udyam Registration

What is Udyam Registration?

As already declared by the Union Ministry of Micro, Small and Medium Enterprises (MSME), vide the Notification Dated 26th June, 2020, the new process of Classification and Registration of enterprises is starting from 1st July, 2020. An enterprise for this purpose will be known as Udyam and its Registration Process will be known as 'Udyam Registration.

Who is Eligible for Udyam Registration?

Any person who intends to establish a micro, small, medium enterprise may file online udyam registration.

What are the Documents Required for Udyam Registration?

The Online Udyam Registration application process is based on self-declaration, and there is no further requirement to upload any documents, certificates, papers, or proofs.

The user will only need to provide their 12-digit  Aadhaar Number, Pan Card and Bank Account details of Business for the registration process.

There is no need for physical documents or any soft copies. The overall process just needs details about your business.

Udyam Registration Process

The Following simple 3 step procedure is to be followed:

  1. An MSME needs to apply for online Udyam Registration in Udyam Registration Portal.

  2. On successful submission of application, the enterprise will be assigned ‘Udyam Registration Number’ (i.e., permanent identity number).

  3. On completion of the registration process, the enterprise shall be issued a ‘Udyam Registration Certificate’.

Benefits of Udyam Registration

  • Easy Bank Loan upto 1 Cr without Collateral/ Mortgage.

  • Udyam Registration is the proof of Proprietorship.

  • Udyam Registration can be used to get current account for business.

  • Special Preference in Procuring Government Tenders

  • 1 percent Exemption on interest rate on Bank Overdraft (OD)

  • Concession in Electricity Bills

  • Protection against the delay in payment from Buyers

  • Tax Rebates

  • Special 50 percent discount on Government fees for Trademark and Patent

  • Fast Resolution of Disputes

  • Government recognition.

Share this:

LEAVE A REPLY:


Thank you for the comment your comment is subjected for approval
ezoto billing software

Get Free Invoicing Software

Invoice ,GST ,Credit ,Inventory

Download Our Mobile Application

OUR CENTRES

WHY CHOOSE LEGALDOCS

Call

Consultation from Industry Experts.

Payment

Value For Money and hassle free service.

Customer

10 Lakh++ Happy Customers.

Tick

Money Back Guarantee.

Location
Email
Call
up

© 2022 - All Rights with legaldocs