The Union Ministry of Micro, Small and Medium Enterprises (MSME) has introduced a new process of classification and registration of MSME Enterprises under the name of ‘Udyam Registration’ on July 01, 2020.

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

Following are some of the benefits of Udyam Registration

  • Easy Bank Loan upto 1 Cr without Collateral/ Mortgage
  • 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
  • Many other state level and national government subsidies

For the reasons mentioned above, it is very important for the new as well as existing MSME businesses to obtain/ update their Udyam Registration.

We provide services of Udyam Registration.