Udyam Registration | Get MSME Registration & MSME Certificate.

Q: What is Udyog Aadhar Registration or Udyog Aadhar certificate?

In 2015, the MSME department changed the name of the MSME certificate as Udyog Aadhar certificate with the unique reference number of UAN number. So the MSME certificate and Udyog Aadhar certificate are the same.

MSME REGISTRATION

According to the government of India, the Micro, Small and medium enterprises Act, 2006 are defined as below:

In a micro enterprise, the investment done on machinery and plant ranges between 10 lakh to 25 lakh.
An enterprise where the investment on plant and machinery is over 25 lakh but does not exceed Rs. 5 crore, for small services between Rs. 10 lakh to Rs. 2 crore.
A medium enterprise is one where the investment in the plan and machinery is between Rs. 5 crore to Rs. 10 crore, for medium service between Rs. 2 crore to Rs. 5 crore.
The MSME plays important role in India’s legacy economic model. This sector is considered to be providing a huge number of jobs as well as a job creator in the rural areas.
There is no mandatory mention of getting an online registration done for MSME done, but it is always suggested to get it done because of the various benefits it provides, such as the rate of interest charged would be relatively lower, capital investment subsides, tax subsidies and a lot of support from the government sector.
SUPER CA will assist you in getting your business an online registration for MSME to utilise benefits.

Type of MSME’S

There are 3 types of MSME or SSIs which can be classified as below:

MSME REGISTRATION

According to the government of India, the Micro, Small and medium enterprises Act, 2006 are defined as below:

Our Work Process

If you need further clarification regarding the process of our working, do watch this video. It is a step by step guide to understand how to apply for MSME Registration. According to the government of India, the Micro, Small and medium enterprises Act, 2006 are defined as below:

The MSME plays important role in India’s legacy economic model. This sector is considered to be providing a huge number of jobs as well as a job creator in the rural areas.
There is no mandatory mention of getting an online registration done for MSME done, but it is always suggested to get it done because of the various benefits it provides, such as the rate of interest charged would be relatively lower, capital investment subsides, tax subsidies and a lot of support from the government sector.

ADVANTAGES

Priority in Loans:

With the directions issued by the reserve bank of India, the banks are required to have certain funds that are supposed to be provided to the MSME businesses. MSME certificate entitles one to avail this loan on priority basis.

Fewer interest Rates in Multiple Banks:

MSME Registration entitles you to avail business loan at lower rate of interest than the usual with several bank options.

Income Tax Exemption:

The MSME certificate can save a good amount of money that is taxable. It also exempts you from maintaining detailed books of accounts and undergoing audit procedures.

Credit Linked Guarantee Scheme:

This scheme allows collateral-free loans of up to 50 lakhs for individual MSMEs. As per the emergency credit line guarantee scheme

Market assistance from the government and Export Promotion:

Holding a MSME certificate gives access to all of these platforms for international cooperation on trade-related aspects with a number of countries and develops new business relations. The government also incentivises the export of goods and services by MSMEs.

Reimbursement of ISO Certification:

All registered micro and small industries can avail an exemption of all expenses incurred for obtaining ISO 9000, ISO 14001 and HACCP certifications.

FREQUENTLY ASKED QUESTIONS

What is Udyog Aadhar Registration or Udyog Aadhar certificate?

In 2015, MSME department changed the name of the MSME certificate as Udyog Aadhar certificate with the unique reference number of UAN number. So the MSME certificate and Udyog Aadhar certificate are same.

Does new and existing business can apply for MSME registration?

Yes, both new and existing business can apply for MSME registration and get the certificate.

Why to get MSME Registration?

Although, there is no compulsion to get MSME registration but is always advised to do so as it provides lots of benefits to the enterprises registered under MSME Act. It will save you from a lot of inconveniences later on. After assigning you the Provisional MSME Certificate and you can begin with your production and even apply for a Permanent Certificate which will add more advantages for you. Always apply for provisional registration at an initial stage of the business.

Who can apply for Udyog Aadhar Registration?

Any individual having a valid Aadhar card can apply for Udyog Aadhar Registration of their Firm/Company/Organisation.

How much time will it take to get the Udyog Aadhar Registration Certificate?

You will get your Udyog Aadhar Registration Certificate immediately on your email after we apply for the registration using your details.

What is the difference between SSI, MSME and Udyog Aadhar?

All are the same. Now, SSI & MSME have been discontinued and is replaced by Udyog Aadhar Registration.