Udyam Registration secured site:
Udyam registration is now mandatory for all MSMEs. It provides multiple benefits to help MSMEs succeed, some of which are: Collateral-free loans from banks and financial institutions and subsidised interest rates. Simplified process of obtaining licences, permits, registrations, and approvals.
The Ministry of Micro, Small and Medium Enterprises (MSME) issues an e-certificate known as the Udyam registration certificate to MSMEs in India. The Udyam registration certificate is also known as the MSME registration certificate
Which companies are not eligible for Udyam/MSMEs registration? Companies with an annual turnover of more than ₹250 crore are considered as large organisations. As a result, these companies are not eligible for obtaining Udyam certification.
Benefits Of Udyam Registration
Here are some of the Udyam certificate benefits:
1. Borrowers get collateral-free loans from banks
2. Licensing, approvals, and registrations are accessible
3. Special considerations are given to international trade
4. The government offers concessions on various bills, including electricity bills
5. Organizations registered with Udyam get eligible for Credit Linked Capital Subsidy Scheme
6. Reimbursement of ISO certification fees
7. Protection against late payments or supplied services
8. Bank loans with subsidies and lower interest rates
9. Production/manufacturing sectors have special reservation policies
10. Direct tax laws rule exemption
11. Subsidy on NSIC performance fees and credit rating
12. Barcode registration subsidy
13. Patent registration subsidy
Click here for more details :
https://udyamregistration.gov.in/Government-India/Ministry-MSME-registration.html
