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MSME

Udyam Registration in New Delhi – udyamregistration.gov.in

Complete your Udyam registration in Delhi with the assistance of Vakilsearch to reduce the likelihood of your application being rejected.

Introduction

The Udyam registration process in New Delhi is fully online, self-declared and paperless. Udyam registration is a beneficial process for all enterprises. It helps them to avail some exclusive benefits. Udyam Registration in New Delhi offers additional access to different schemes regulated by the Indian Government of India. Those businesses that are Udyam registered in Delhi can be directly linked with the enterprises by using the government database.

Documents Required for Udyam in New Delhi

  • Aadhaar card personal identification number
  • Industry name
  • Address
  • Bank Account Details
  • The PAN card number
  • Social category (general, OBC, SC, ST)
  • Gender
  • The company’s name
  • Location of an enterprise or plant
  • Office address of the enterprise
  • business commencement date or incorporation or registration of business.
  • The business activity of an enterprise
  • The primary activity of the company’s NIC code
  • The number of employees in the enterprise
  • overall investment in the business. (In the case of no investment in machinery, an applicant can fill in zero in that option.)
  • overall turnover of the enterprise. (If there is no turnover, the company can enter zero in this field.)
  • The applicants are also allowed to attach their self-certified certificates.
  • No registration fees are required for Udyam registration.
  • The applicants will get their registration number after filling in and uploading all the credentials.

The main motive for making the Udyam Aadhaar registration online is to motivate the online filing of MSME registration for micro, small, and medium enterprises. The online process of Udyam registration is quite simple with a one-page registration form. In this form, the MSME self-certifies its existence, bank account, business activity details, employment and ownership details, and other valuable information.

Registration Process for Udyam in New Delhi

Through Vakilsearch, one can easily file for the Udyam registration online.

For Udyam registration in Delhi, a consultant reaches out to the applicant and understands their business completely. They continue the registration process in the following ways:

  • To register in Udyam, the industry on a small and medium scale, applicants have to fill out a form. Either offline or online.
  • If someone wants to apply for one or more Udyam registrations in more than one industry, then they can apply for individual registration.

To complete the registration, the person has to fill out a single form. This form is available at the official portal for MSME registration.

Click here for Udyog Aadhar Verification

Important Things to Consider Before Udyam Registration

  • The majority of the MSME registration portals fall under the Udyog Aadhaar. Thus, now the MSME registration turns into an Udyog Aadhaar registration. This is a one-page self-certificate.
  • Nevertheless, Udyam registration is a beneficial process for businesses, but it does not run the legal entity. It is because the banks do not open current bank accounts based on this certification. Banks require different registration certificates that the government department verifies.
  • Registration requires only an Aadhaar card number for the self-certification of any kind of business. Suppose your business already has registrations like service tax, VAT, CST, or shop act license. In that case, the business entities can easily file for an Udyog Aadhaar to avail of the benefits of MSME for micro, small, and medium enterprises.
  • Due to the application of Udyog Aadhaar MSME in the country, the MSME or SSI registration process has become simpler for enterprises. Before applying to the MSME, enterprises must apply for two forms with different fillings. These forms are EM Part-1 (Entrepreneur’s Memorandum ) and EM Part-2.
  • The manual application procedure is quite challenging and is not considered investor or entrepreneur-friendly. Due to the challenging process of filing the entrepreneurs’ memorandum form, it is not mandatory anymore. However, many MSMEs are not registered and are not getting the outside service scope offered by the Indian government.

Benefits of Udhyam Registration in New Delhi

Here are some of the advantages of Udyam Registration in New Delhi:

Easy Access to Government Schemes: Udyam Registration makes it simpler for businesses to access various government schemes, subsidies and incentives designed to promote small and micro-enterprises.

Financial Assistance: Registered businesses may be eligible for lower interest rates on loans and financial assistance, making it easier for them to secure capital for their operations.

Priority in Government Procurement: Udyam-registered businesses often receive preference in government procurement which gives them a competitive edge in government contracts and tenders.

Tax Benefits: Eligible businesses can enjoy various tax benefits, such as exemptions and deductions, under different government schemes and policies.

Easier Compliance: Udyam Registration simplifies the compliance process by reducing the need for multiple registrations and filings and streamlining administrative tasks.

Reduced Barriers to Entry: Udyam Registration lowers the barriers to starting and operating a business, making it more accessible for entrepreneurs and startups.

In addition to these, there are many more benefits which significantly contribute to the growth and success of MSMEs in New Delhi, making Udyam Registration a crucial step for businesses in NCR.

Best Udyam Registration Consultant in New Delhi

In Delhi, Vakilsearch is one of the most popular consultants for Udyog Aadhaar registration. This process is a little complicated, so we will help you register in Udyam very easily. Now, the Indian government has converted the MSME registration or Udyam registration to Udyog Aadhaar registration. All of their portals come under the Udyog Aadhaar registration, which makes this process self-certificate registration on one page. Vakilsearch will assist you in registering for the Udyog Aadhaar in the correct location.We have built a customer-friendly website with an easy-to-use dashboard and professional services at affordable prices. Also, we provide our services round the clock, so one can connect with us to get answers to your queries in less than 24 hours.

FAQs:

1. Is there any helpline or customer support specific to New Delhi for Udyam Registration related queries?

There is no helpline or customer support for Udyam Registration for queries specific to New Delhi. However, entrepreneurs can contact the Ministry of Micro, Small and Medium Enterprises (MSME) for any queries related to Udyam Registration. The MSME has set up a dedicated portal for Udyam Registration, which provides detailed information on the registration process.

2. Can I cancel or surrender my Udyam Registration if I no longer require it?

Yes, Udyam Registration can be cancelled or surrendered if it is no longer required. The cancellation process can be done online through the Udyam Registration portal.

3. What should I do if I lose my Udyam Registration certificate?

If an entrepreneur loses their Udyam Registration certificate, they can download a duplicate certificate from the Udyam Registration portal. The entrepreneur needs to log in to the portal with their Udyam number and mobile number, click on 'Print/Download Certificate,' to download the certificate in PDF format.

4. Can foreign businesses or NRI entrepreneurs avail Udyam Registration in New Delhi?

Yes, foreign businesses and NRI entrepreneurs can avail Udyam Registration in New Delhi. However, they need to comply with the eligibility criteria set by the government of India and the business should be registered in India.

5. What are the penalties for false information or fraud in Udyam Registration?

Providing false information or committing fraud in Udyam Registration can lead to penalties and legal action. The government of India has set up a system to verify the information provided by entrepreneurs during the registration process. If any false information is detected, the registration may be cancelled, and the entrepreneur may be barred from applying for registration in the future. In addition, the entrepreneur may also be liable under the Indian Penal Code.

Conclusion 

Udyam Registration in New Delhi is important as soon as possible to get benefits for your business. In New Delhi, the Udyam Registration is only valid until the existence of the enterprise. You don’t need to renew this registration every year. The submission time of documents to the clients decides when you obtain Udyog Aadhaar registration in Delhi. Submit all required business documents to avoid rejection or stumbling blocks. For a better understanding of this, contact your one and only consultant, Vakilsearch.

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