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Udyam Registration is a government initiative in India that replaced the earlier process of MSME (Micro, Small, and Medium Enterprises) registration. Udyam Registration is designed for businesses falling under the MSME category to facilitate their recognition and to avail benefits provided by the government.

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Udyam Registration

Benefits of Udyam Registration

• Ease of Recognition
• Access to Subsidies and Schemes
• Priority Sector Lending
• Government Tenders
• Reduced Interest Rates
• Faster Payments
• Technology Upgradation Support
• Exemption from Certain Fees
• ISO Certification Reimbursement
• Market Linkages

Who can Apply for Udyam Registration

Udyam Registration is open to a wide range of entities and individuals looking to establish micro, small, or medium-sized enterprises (MSMEs) in India. Eligible applicants include:

Proprietorships: Individuals running a business on their own.

Hindu Undivided Family (HUF): A business entity formed by members of a Hindu Undivided Family.

Partnership Firm: Businesses owned and operated by multiple partners.

One Person Company (OPC): A single-member company.

Private Limited Company: A company with limited liability, typically with multiple shareholders.

Public Limited Company: A public limited company or any other limited liability company.

Producer Company: A company primarily engaged in producing, procuring, and marketing agricultural produce.

Limited Liability Partnership (LLP): A partnership with limited liability for its partners.

Any Association of Persons: Groups of individuals or entities coming together for a common purpose.

Co-operative Societies: Societies formed by individuals with common economic and social objectives.

MSME Definition

Micro, Small, and Medium Enterprises (MSMEs) are businesses characterized by their investment in plant and machinery or equipment and annual turnover, with specific thresholds determining micro, small, and medium classifications.

For better understanding, go through the table attached here:

Why FinHub Advisors Pvt Ltd for Udyam Registration

Choose FinHub Advisors Pvt Ltd for seamless and efficient Udyam Registration, unlocking a world of benefits for your business. Our expert team navigates the intricacies of the registration process, ensuring compliance with the latest guidelines. With FinHub Advisors Pvt Ltd, experience personalized assistance, precise documentation, and timely submissions. We streamline the entire journey, providing expertise to accelerate your business growth. Trust FinHub Advisors Pvt Ltd as your reliable partner for Udyam Registration, ensuring your business enjoys formal recognition, access to incentives, and a competitive edge in the dynamic market landscape.

Documents for Udyam Registration

• PAN Card
• Aadhar Card