What is Udyam Registration? & what is the Role of PQSmitra in it?
Udyam Registration, also widely known as MSME Registration (Ministry of Micro, Small & Medium Enterprises) is a government Registration platform that is provided with a recognition certificate and a unique number
Earlier its was known as Udyog Adhaar and the concept behind introducing Udyam Registration was to simplify the procedural format that business owners had to go through to register their business under MSME.
An enterprise whose investment in plant, machinery, and equipment does not exceed one crore, and turnover does not exceed five crores is a micro-enterprise. An enterprise whose investment in plant, machinery, and equipment does not exceed ten crores, and turnover does not exceed fifty crores is a small enterprise. An enterprise whose investment in plant, machinery, and equipment does not exceed fifty crores, and turnover does not exceed two hundred and fifty crores is a medium enterprise.
An existing and new business can apply for MSME/Udyam Registration, provided the existing unit is functioning and meets the threshold limits for registration. UAM Registration has to be re-registered for Udyam registration to avail the benefits of MSME.
PQSmitra offers Udyam Registration Services for small & medium enterprises businesses in India. Our knowledge & support will gain you a unique registration number (Permanent Identification Number) & E – Certificate recognition.
Which Organizations can avail the Udyam Registration Services?
Manufacturing or Service Sectors can avail this Registration but there are set of criteria that an entity has to meet to be classified as a medium, small, micro enterprise for obtaining MSME Registration
- Investment up to Rs 1 Cr and turnover up to Rs 5 Cr
- Investment up to Rs 10 Cr and turnover up to Rs 50 Cr
- Investment up to Rs 50 Cr and turnover up to Rs 250 Cr
Benefits of Udyam Registration Services.
- Can obtain Loan without Collaterals
- Encourages economic growth of the nation
- Protection against delay in payment
- Subsidy on Patent Registration
- ISO Certification Charges Reimbursement
- Concession on Electricity
- Helps in getting Government Tenders
- Becomes easy to get licenses, approvals & registration
- Overdraft facility along with interest rate exemption
- Get exemption under Direct Tax Law
- Take part in international affairs
- Enquiry Form (where all your information will be taken for the form filling process)
- Important Documents will be taken for the process to be fulfilled.
- Updating you about the process
- Successful Certification will be mailed to you by us