MSME BENEFITS
UDYAM REGISTRATION
ELIGIBILITY
Enterprise Type Investment Criteria Annual Turnover Criteria
Micro Enterprise Up to Rs. 1 crore Not exceeding Rs. 5 crore
Small Enterprise Up to Rs. 10 crore Not exceeding Rs. 50 crore
Medium Enterprise Up to Rs. 50 crore Not exceeding Rs. 250 crore
Anyone wishing to establish a micro, small, or medium enterprise can apply
for Udyam Registration.. Partnership Firm/One Person
Company/Proprietorships/Private Limited Company/Limited Company/Producer
Company/Limited Liability Partnership
Any association of persons/Co-operative societies/Any other
undertaking/Hindu Undivided Family (HUF)
DOCUMRNTS REQUIRED : Pan Card/Adhaar Registration/GST registration
REGISTRATION FEES : NIL
BENEFITS OF UDYAM REGISTRATION:
Udyam Registration will be an enterprise's permanent registration and primary
identification number.
MSME Registration is paperless and based on self-declaration.
Udyam registration is permanent, and there will be no need for renewal.
Any activities, including manufacturing, service, or both, may be specified in
one Udyam Registration.
Enterprises may register themselves on GeM (Government e Portal along with
the Udyam Registration.
MSMEs themselves can also be onboard on the TReDS Platform
The Udyam Registration may also help MSMEs in availing the benefits of the
following Schemes of the Ministry of MSMEs :
Credit Guarantee Scheme
Public Procurement Policy
Additional edge in Government Tenders & Protection against delayed
payments.
.Udyam registered entity becomes eligible for priority sector lending from
Banks.
OTHER BENEFITS:
1. Collateral Free Bank Loans
2. Reduced Rates of Bank Interest
3. Technology Upgradation Support
4. Marketing & Promotion Support
5. Access to International Trade
6. Subsidy on Patent Registration
7. Reimbursement for ISO Certification
8. Tax Exemption
9. Protection against delayed Payments
10. Electricity Bill Concession
11. Subsidy(50%) on Bar Code Registration
12. Subsidy of upto 1.5 lakhs for licensing/Marking licensing to National & upto Rs 2
lakhs for obtaining International Standards
13. Lower Rate of Interest for Registered MSMEs.