WHAT IS MSME AND CATEGORISATION OF MSME:
MSME stands for micro small and medium enterprises as the MSME’S Plays vital role in the Indian economy and also contributes in GDP, government has categorised the MSME’s in following ways,
We can treat the enterprise as MICRO under the MSME if e the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees;
The enterprise will be termed as SMALL under the MSME if the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees.
Medium enterprise will be under the MSME if the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.
From 1 July 2020, government changed the name of Udyog aadhar/MSME/Udyog aadhar Certificate to UDYAM, Procedure of registration for MSME is also changed and the certificate named as Udyam Certificate. Udyam is a registration number and conclusively we can say that udyam is udyam certificate issued to business who opted for the registration on the udyam portal online.
WHEN REGISTRATION UNDER UDYAM IS REQUIRED
There is no any specific provisions that, businesses are mandatorily required to register themselves under the udyam, if any enterprise need the certificate of udyam or MSME for specific purpose such as for opening bank account, applying for loan getting concession in trademark registration then MSME udyam registration certificate is required and enterprise needs to register themselves on the udyam portal. Further government is giving many benefits to the msme udyam registration certificate holders such as protection against delayed payments to udyam/msme certificate holders, concession in trademark application and many more.
PROCEDURE FOR UDYAM/MSME/UDYOG AADHAR REGISTRATION
The procedure for udyam aadhar registration online is very simple, as the government is introduced the online registration process for the registration of udyam/msme/udyog aadhar we need to follow the procedure prescribed procedure, further we as a consultant provides services for the registration and further takes steps for delivering the certificate to our customer in minimum cost. If you want to apply from our end then simply applicant is required to fill the form on our website for udyam/msme udyog aadhar application and after receiving the form and payment we will start the registration process and arrange to deliver the certificate of MSME/udyam/udyog aadhar registration on the registered email id of the customer.
The Procure for Application of MSME/UDYAM is as follows:
- Visit our website eudyogaadhaar.com for Udyam/MSME purposes.
- Fill the registration form given on the website for MSME Udyog aadhar.
- Submit the form after verifying the details.
- Make prescribed payment after submitting the details.
- Our executive will start the process of registration for MSME Udyam aadhar.
- You may get call from our executive in case of any requirement.
- We will submit your application with authorities
- We will generate the certificate from the government portal
- The certificate of udyam/MSME will be mailed on the registered email id of the customer.
WHAT ARE THE DOCUMENTS REQUIRED FOR UDYAM/MSME/UDYOG AADHAR REGISTRATION
As the process of udyam/msme/udyog aadhar registration online is very simple and hassle free, no document is required for the registration further this complete process is paperless and udyam/msme/udyog certificate will be issued online only. Further while registering for udyam applicant shall be prepare with the Aadhar in case of Proprietor and in case of other then proprietor any director aadhar is required. Also PAN is required for the registration purpose of Udyam or msme application. But again, one is not required to submit or upload this particular documents anywhere and also applicant is not required to visit anywhere for making udyam msme application.
HOW THE CERTIFICATE OF MSME/UDYAM WILL ISSUED
As already explained in above point that process of udyam/msme/ udyog aadhar is online and paperless also the certificate of Registration of udyam will also be issued online only, after filling complete for on the government website and completing the OTP verification at the end of registration process for the msme udyam the certificate of udyam will be generated if soft copy, further you can verify the udyam details on the online portal and also it is possible to download the said msme udyam certificate any time in the lifetime from the government website by verifying the mobile OTP registered at the time of doing registration for the udyam/msme/udyog aadhar registration.
WHETHER PERIODIC RENEWAL OF CERTIFICATE IS REQUIRED?
Certificate of MSME Udyam has a lifetime validity and no periodic renewal is required, further one can make changes to the existing certificate of Udyam/MSME as per the requirement, it is possible to change everything in the existing certificate of udyam except district.