Udyam Registration

at Just Rs 800/-



What Is Udyam Registration ?

Any person who intends to establish a micro, small or medium Enterprise may file Udyam Registration online in the Udyam Registration portal, based on self-declaration. It will have no requirement to upload documents, papers, certificates, or proof.

On registration, an enterprise (referred to as “Udyam” in the Udyam Registration portal) will be assigned a permanent identification number to be known as â€œâ€˜Udyam Registration Number.”

An e-certificate, namely, â€œUdyam Registration Certificate” shall be issued to complete the registration process.

Benefits of Udyam Registration

  • Easy of getting a bank loan.
  • Discount @50% in government fees for trademark registration.
  • Easy of Getting a Government license.
  • Filing for Declaration to Commence the Business (INC-20A)
  • The benefit of low-interest rates in a bank loan.
  • Concession in electricity bill.
  • Protection against the delay in payment from Buyers
  • Fast resolution of Disputes.
  • Udyam registration can be used for the current account for business.

Why Choose Us

Work Handled by Experienced Professionals

We provide an affordable service for Private limited company registration in India with almost nil professional fees. This helps you to save nearly 60% of the total cost without compromising the quality of work.

Most Competitive & Transparent Rates

Our team of trained and experienced graduates takes care of your registration process. Independent qualified professionals further verify the process. We follow a strict concept of Maker and Checker.

Legal Compliance
Dashboard

We provide a Legal Compliance Dashboard that acts as your secretary for legal work. It intimates you about the upcoming compliances and hence makes sure that you do not miss any of it.

Results in Numbers
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Companies
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Clients
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Years of Experience
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Employees

List of Required Documents

Business Activity Related to Manufacturing Sector

  • Aadhaar Card copy proprietor in case of Proprietorship, Director in case of Pvt. Ltd, Partner in a partnership firm.
  • PAN card of Enterprise.
  • Bank statement or Cancel cheque of Business bank account.
  • GST certificate (If available, but from 1st April 2021, it is compulsory to update GST number in MSME

Business Activity Related to Service Sector

  • Aadhaar Card copy proprietor in case of Proprietorship, Director in case of Private Limited, Partner in a partnership firm.
  • PAN card of Enterprise.
  • Bank statement or Cancel cheque of Business bank account.
  • GST certificate (If available, but from 1st April 2021, it is compulsory to update GST number in MSME (udyam registration)

Advantages

Separate Legal Entity

A private limited company is a separate legal entity and a juristic person established under the Companies Act, 2013. A member of a company has no personal liability to the creditors of the company for companies’ debts. Hence the distinct legal entity assures that personal interest of members is safeguarded.

Easy to get funding in the form of Loan or Investment.

Most of the companies vouch for the funds in a year or two to expand its magnitude. Since private limited company has more transparency due to mandatory reporting and audits, results in higher credibility. Due to which all the banks and venture capital are more likely to assist a private limited company.

Limited liability of Members

Being a separate legal entity in the eye of law liabilities of the members is limited to their share capital only. Hence it protects the personal assets and income of shareholders at times of any financial crisis faced by the company.

Perpetual existence of business.

Since a company is an artificial judicial person in the eye of law, its existence is not affected by removal or leaving of its shareholder and directors. Directors of the company are merely an agent of the company and do not affect the company if they leave.

Tax Benefit

Against the most of the organization that is being taxed at the rate of at least 30% in India, the Private limited company is taxed at a rate of 25% if the turnover is less than Rs 400 crores.

Tax Benefit

Against the most of the organization that is being taxed at the rate of at least 30% in India, the Private limited company is taxed at a rate of 25% if the turnover is less than Rs 400 crores.

Frequently Asked Questions
Do PAN And GSTIN are Mandatory for Udyam Registration ?

Ministry has given relaxation to entities that do not have a PAN or GSTIN until 31/03/2021. They can take registration on a self-declaration basis up to 31/03/22021, and after that, PAN and GSTIN shall be mandatory.

What is the last date available to entities not having PAN and GSTIN, who had taken UDYAM Registration on a self-declaration basis, for taking registration of PAN and GSTIN?

The last date is 31/03/2021.

The UDYAM Registration of entities mentioned above shall be liable for suspension if before 31/03/2021, they:

  • Does not take PAN and GSTIN registration, or
  • Failed to update the same on UDYAM Portal on a self-declaration basis.

Do existing entities having Udyog Aadhaar Memorandum (UAM) have to take GSTIN compulsorily irrespective of the fact that the turnover is below the limit for GST Registration?

Yes, as stated earlier, GSTIN is mandatory irrespective of the fact that the entities are covered under eligible entities definitions for taking registration under GST or not.

Whether traders will now be allowed to register under MSMEs?

Traders are not allowed to take registration under MSME.

Can more than one UDYAM registration be done on the same PAN?

No

How to amend the UDYAM already taken?

An enterprise having UDYAM Registration Number can update its information online in the UDYAM Registration portal on a self-declaration basis.

How many can NIC codes one add to one UDYAM registration?

Maximum 10 NIC codes can be added in one UDYAM registration