100% Online, Easy & All India Services
12+ Years Experienced Team of Professionals
Total Number of Served Clients
Availability in Major Indian Cities
You can reach us anytime
Any business entity that falls under the definition of micro, small, or medium can apply for UDYAM registration. The eligibility criteria are based on investment in plant and machinery or equipment and turnover, as mentioned above. Only Aadhar is required for UDYAM Registration.
UDYAM registration enables MSMEs to access various government schemes, incentives, subsidies, and support programs. These schemes are specifically designed to promote the growth and development of MSMEs in India.
Registered MSMEs can avail of collateral-free loans from banks and financial institutions. UDYAM registration serves as proof of the enterprise's authenticity and creditworthiness, making it easier for MSMEs to secure financial assistance.
Registered MSMEs are classified under the priority sector by banks, which ensures easy and preferential access to credit facilities and loans.
The Micro, Small, and Medium Enterprises Development (MSMED) Act provides protection to registered MSMEs against delayed payments from buyers. MSMEs can seek legal remedies and claim interest on delayed payments through the Act.
UDYAM registration simplifies various compliance requirements for MSMEs, making it easier to conduct business operations. It also facilitates participation in government tenders and procurement processes.
UDYAM-registered MSMEs have increased opportunities to participate in skill development programs and technology upgradation initiatives offered by the government.
Our FAQ section addresses common inquiries to help you find the information you need quickly. If you have further questions, feel free to reach out!