Udyam Registration

Udyam Registration, previously known as Udyog Aadhaar, is a government registration for Micro, Small, and Medium Enterprises (MSMEs) in India. It provides enterprises with a unique identification number and a certificate, enabling them to access various benefits and schemes offered by the government.

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Documents Required for Udyam Registration:

1. Aadhaar Card:

   • Mandatory for the registration process.

2. PAN Card:

   • Required for verification and to provide business details.

3. Bank Account Details:

   • Including account number and IFSC code.

4. Business Address Proof:

   • Rental agreement, electricity bill, or any other proof of business address

Benefits of Udyam Registration:

1. Access to Government Schemes:

   • Eligible for various government schemes like credit guarantee, low-interest loans, and subsidies.

2. Protection Against Delayed Payments:

   • MSMEs can avail protections under the MSME Development Act, which provides for prompt payment by buyers.

3. Subsidy on Patent and Trademark Fees:

   • MSMEs can get subsidies on fees for patents and trademarks.

4. Concession on Electricity Bills:

   • Eligible for concessions on electricity bills.

5. ISO Certification Charges Reimbursement:

   • Reimbursement of charges incurred for obtaining ISO certification.

6. Collateral Free Loans:

   • Access to collateral-free loans under various government schemes.