Benefits of Udyam Aadhaar Registration
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Access to Government Schemes
Registered MSMEs can avail of various government schemes, including subsidies on capital investments, protection against delayed payments, and more. -
Bank Loan Facilitation
Businesses with Udyam Aadhaar registration are eligible for collateral-free loans under government schemes like the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). -
Tax Benefits
Udyam Aadhaar-registered businesses enjoy tax benefits under various government initiatives, including a reduction in interest rates and excise exemptions. -
Tender Participation
Udyam Aadhaar allows businesses to participate in government tenders and provides priority treatment in obtaining government contracts. -
Protection Against Delayed Payments
MSMEs with Udyam registration can file cases against buyers for delayed payments, as per the provisions of the MSME Development Act. -
Market Support
The government provides support for registered MSMEs in participating in international exhibitions, developing infrastructure, and accessing global markets. -
Subsidies and Incentives
Registered businesses are entitled to subsidies for patents, industrial promotion, and electricity bill rebates.
How to Register for Udyam Aadhaar with Right Advisorz?
At Right Advisorz, we simplify the Udyam Aadhaar registration process to ensure your business is registered quickly and without hassle. Here's the step-by-step process:
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Consultation
We begin with a free consultation to understand your business structure, and we gather the necessary documents and information. -
Application Submission
We prepare and submit your Udyam Aadhaar application online through the Udyam registration portal. -
Verification & Approval
Once submitted, the application is reviewed by the concerned authorities. Upon verification, you will receive your Udyam Registration Number and certificate. -
Delivery of Udyam Aadhaar Certificate
We will provide you with the Udyam Registration Certificate, which can be downloaded from the government portal. This certificate will serve as proof of your MSME registration.
Documents Required for Udyam Aadhaar Registration
Registering for Udyam Aadhaar is simple and requires minimal documentation. Here’s what you need:
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Aadhaar Number
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The Aadhaar number of the proprietor (for proprietorship firms), managing partner (for partnership firms), or authorized signatory (for companies and LLPs).
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PAN Card
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PAN card of the business entity (for companies, LLPs, and partnerships) or individual (for proprietorship).
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Business Details
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Business name, type of organization (proprietorship, partnership, company, LLP), and industry category (manufacturing or service).
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Bank Details
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Bank account number and IFSC code for the business account.
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Details of Investment
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The amount invested in plant and machinery (for manufacturing businesses) or equipment (for service businesses).
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Employee Details
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Number of employees currently working in the business.
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Annual Turnover
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Recent turnover details for categorizing the business (micro, small, or medium enterprise).
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Udyam Adhar Registration
Udyam Aadhaar (formerly known as MSME Registration) is an initiative by the Government of India to provide a unique identity to small and medium-sized businesses under the Ministry of Micro, Small, and Medium Enterprises (MSME). If you're a business owner seeking to expand and grow your business, registering under Udyam Aadhaar offers numerous benefits, including government subsidies, access to bank loans, and tax exemptions.
At Right Advisorz, we help small and medium businesses seamlessly obtain their Udyam Aadhaar registration, ensuring they meet all the requirements to qualify as an MSME.
Overview of Udyam Adhar Registration
Udyam Aadhaar is a government registration that provides your business with a unique identification number (Udyam Registration Number) and a recognition certificate. It is available to Micro, Small, and Medium Enterprises (MSMEs) and is essential for availing various benefits from the government.
Who Should Register for Udyam Aadhaar?
Udyam Aadhaar is available for:
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Micro Enterprises: Businesses with investments up to ₹1 crore and turnover up to ₹5 crore.
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Small Enterprises: Businesses with investments up to ₹10 crore and turnover up to ₹50 crore.
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Medium Enterprises: Businesses with investments up to ₹50 crore and turnover up to ₹250 crore.
All manufacturing units and service sector businesses falling under these categories are eligible for Udyam Aadhaar registration.
Why Udyam Aadhaar is Important for Your Business
Udyam Aadhaar not only gives your business official recognition as an MSME but also opens doors to several financial and developmental benefits. By registering under Udyam, you:
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Strengthen your business's financial foundation with access to funding.
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Protect your business with legal backing in case of disputes.
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Build a strong, credible brand image in both domestic and international markets.
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Stay updated on new policies and subsidies launched by the government to help MSMEs grow.