On registration, an enterprise (referred to as “Udyam” in the Udyam Registration portal) will be assigned a permanent identity number to be known as “‘Udyam Registration Number”. The format for the UDYAM registration number is UDYAM-UP-00-0123456. You can use the registration number to print the UDYAM certificate online or to verify the status of your UDYAM registration.
As an MSME business owner, there are several benefits of registering your business under the Udyam classification. These include:
It will help you in getting government tender
You can get business loans from banks and non-banking financial corporations (NBFCs) at lower interest rates.
You can avail of various tax rebates available exclusively for Udyam.
It will become easy for you to get government approvals, licenses, and registrations for your business.
You will get tariff subsidies and capital tax subsidies.
You can avail of rebates and concessions for setting up your industry.
It hep MSME to get early payment as late payment to MSME have penal consequences under Income Tax Act and Companies Act
Tax Baniya will help you in all your requirements regarding the UDHYAM Registration and other formalities. Our Business advisors will give solutions to all your queries regarding UDHYAM Registration and help you to take your decisions easily.
Tax Baniya started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly.
Tax Baniya is leading Company / Business Registration Service Provider and acts as a Consultant in Mumbai, Navi Mumbai, Thane, Palghar
Simple
Pricing
With Deliverables
UDYAM REGISTRATION
₹1,500
Micro, Small or Medium Enterprise
Classification
An enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria, namely: —
Micro Enterprise
Investment In Plant And Machinery Or Equipment Does Not Exceed 1 Crore Rupees
Turnover : Does Not Exceed 5 Crore Rupees
Small Enterprise
Investment In Plant And Machinery Or Equipment Does Not Exceed 10 Crore Rupees
Turnover : Does Not Exceed 50 Crore Rupees
Medium Enterprise
Investment In Plant And Machinery Or Equipment Does Not Exceed 50 Crore Rupees