Udyam Registration is a specialized identification system introduced by the Ministry of Micro, Small, and Medium Enterprises to benefit MSMEs in India. The registration process offers numerous advantages, allowing businesses to tap into various government programs and initiatives. From accessing easy loans and collateral-free financing to enjoying subsidized interest rates, MSME can leverage the benefits offered by Registration. Let’s delve deeper into the significance and process of obtaining a Udyam Registration Certificate.
Udyam Registration is an identification system designed specifically for MSMEs. This facility was established by the Ministry of Micro, Small, and Medium Enterprises in 2015. Similar to the Adhar card, It is a certificate with a 12-digit registration number. Small enterprises will be able to maximize the benefits of being small and medium-sized firms in India by using an Udyam Registration Card. The Udyog Aadhar Registration has been moved to the Udyam Registration in 2022.
The entrepreneur, director, or proprietor of the organization will provide his/her 12-digit Aadhar Number. Udyam Registration is a must whether the business or entity is a sole proprietorship, an LLP, a private limited company, or anything else. It must be in possession of the recognition certificate issued through MSME registration.
There are several advantages to registering your company with Udyam Registration. Below are the advantages to register under MSME Udyam Registration Portal.
The Udyam Aadhar system allows for free registration. The following is the process to obtain the Certificate:
The following are the steps to download Udyam Registration Certificate:
Step 1: Firstly, go to the official website of the Udyam Portal to download the Udyam Registration Certificate.
Step 2: Secondly, locate the “Print Udyam certificate” option from the drop-down menu. Select it and move to the next step.
Step 3: After that, you’re directed to a new page. On that page, first, enter your unique Udyam registration number that was assigned to you at the time of registering your business on the Udyam portal.
Step 4: Once that is completed, there are two options one is to enter the phone number or email id you have provided at the time of registering your business on the Udyam Portal and fill anyone of it. Click on “Validate & Generate OTP”.
Step 5: Once you received the OTP, enter it and click on “Validate & Login” to verify.
Step 6: After verification, click on the “Print” button next to it to download your MSME certificate. It will be sent to your registered email id within 1-2 hours.
Udyam Registration serves as a vital tool for Micro Small Medium Enterprises, providing them with a distinct identity and access to a lot of benefits. By following these steps, business owners can have access to their certificates and keep them safe for future use or work. It is important to keep in mind that this Certificate is an important document for establishing a business in India. However, there are several benefits of the Udyam Registration Certificate, which are discussed in this article.
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