Udayam registration is the most important part of making small or medium businesses valid in India. Let us learn about the Udyam registration process in Kolkata and how it is different from other states.
Overview
The government of India has ventured into many schemes for the welfare of the people of India. One such scheme introduced by the government is the Udyam registration. As per the government’s initiative, they aim to give more opportunities and legal stability to the MSME and further give them access to various government schemes.
Every state of India has a separate process for registration of the MSMEs of the state. Udyam registration in Kolkata is also one of the most unique and essential processes of the MSMEs of Kolkata. Let us know the same in detail.
Udyam Registration Process in Kolkata
Like other states of India, the Udyam registration process in Kolkata focuses on the MSMEs of Kolkata. Further, there is a separate process for Udyam registration in Kolkata.
These are the step-by-step guides for the Udyam registration process:
- The business consultant reaches out to the applicants first.
The first step of the Udyam registration process in Kolkata is when the business consultant reaches out to the applicants to learn about their business. Further, they enquire about the applicant’s needs. Next, the consultant becomes the point of contact for the applicants to reach them in case of doubts.
- The consultant will brief the applicant about the procedure and the documents required.
Secondly, the consultant will brief the applicant about the entire Udyam registration process and the documents required for the same in Kolkata.
- After the essential documents are collected, a relationship manager will help carry out the registration process.
Thirdly, after the documents required are retrieved from the applicant, a relationship manager from the consultancy will carry out the registration process.
- The relationship manager of the consultancy will ensure a smooth process run and keep in touch with the applicant for the same.
The final step is when the relationship manager ensures the smooth completion of the registration process and keeps in touch with the applicant for the same.
Thus, these are the step-by-step registration processes for the Udyam registration process in Kolkata.
How Is the Udyam Registration Process in Kolkata Different From Other States
The Udyam registration process in Kolkata is different from that of other states because there are more benefits for the same in Kolkata than in other states. They are:
- The process of the registration for udyam registration for Kolkata is simple.
As mentioned earlier, the Udyam registration process is simple in Kolkata because the process requires communication between the consultant, relationship manager and the applicant. If the communication chain is smooth, the process will get over in a day or two.
- Bank loans can be availed at lower rates in Kolkata.
By completing the Udyam registration process in Kolkata. Any bank in the city will provide the applicant with bank loans at lower rates. Further, the bank loan can sometimes be given without collateral or a mortgage.
- MSMEs that have Udyam registration are eligible for various government subsidies.
The MSMEs that have Udyam registration are eligible for availing various government subsidies.
- The applicant can avail of financial support to take part in expos.
The applicants who have registered under the udyam registration process in Kolkata get the opportunity to participate in foreign expos and further can claim financial support.
- MSMEs can get tax rebates and exemptions in Kolkata.
The MSMEs registered under the Udyam registration process in Kolkata are given tax rebates and exemptions in the state.
- They can avail of tariff subsidies like capital and government.
By registering for the Udyam registration process, the company or the individual can avail of tariff subsidies like capital and government.
- Licenses, approvals and other registrations of the applicants become more feasible.
If the company has other registrations, licenses and approvals, registering under the Udyam registration becomes more feasible.
- The Udyam registration is valid till the existence of the company.
The validity of the Udyam registration is as long as the company lasts. Further, you need not renew the same again.
Thus, the Udyam registration process benefits in Kolkata make it different from the other states.
How to Do the Udyam Registration Process Online in Kolkata
The Udyam registration process can be done online. Further, it has become a Zero cost, No fee registration process.
These are the process of online Udyam registration in Kolkata:
- Visit the official website
Go to google search and visit the official website of Udyam registration mentioned above. If you are a new entrepreneur, you can choose the “new entrepreneurs who are not registered” option.
- Enter the personal information of the applicant.
As the next step, input the applicant’s details like name and adhaar number. Further, validate the same using the OTP number generated on your mobile phone.
- Verify PAN details.
Once the adhaar number is verified, verify the PAN details by validating the same using OTP generated in your mobile phone and e-mail.
- Add additional details of the applicant.
After verifying the Adhaar and PAN details, the applicant has to provide additional details like the applicant’s address, postal code, and district information.
- Fill up the bank details.
Soon after providing the additional information, the applicant must fill in their bank details like account number, name and IFSC Code.
- Details about the company
The applicant should provide details about the company like the number of employees, owners and classification code.
- Choose the DIC and approve the same.
Finally, the applicant has to choose the district centre they prefer and approve the same by clicking submit.
Thus, these are steps to follow for online Udyam registration in Kolkata.
Top Udyam Registration Consultants in Kolkata
Vakilsearch is one of the most popular Udyam registration consultants in Kolkata. Further, we help the applicants to understand and deal with the entire process. Moreover, we also help the applicants know what Udyam registration is all about and its benefits. We also help in completing the process at a faster pace.
So, next time you think about registering your MSME, consult the top consultants like Vakil Seach. We will help you with everything.
Conclusion
Overall, the Udyam registration process in Kolkata is very important and beneficial for the welfare and development of the MSME: https://msme.gov.in/ in and around Kolkata. Apart from access to various government schemes, they also have the opportunity to take part in expos with financial support from the Udyam registration. Furthermore, the applicants can obtain bank loans without even keeping collateral for the same.
Moreover, the Government of India’s initiative for the welfare of the MSMEs through the Udyam registration in Kolkata has seen more growth and development in the state of Kolkata than in others.
FAQs
Is Udyam Registration mandatory?Every existing MSME registered business must comply with this requirement. |
Who can apply for Udyam?Individuals interested in commencing a micro, small, or medium-sized business can register with Udyam. |
What is the Udyam Registration Certificate?Udyam registration, alternatively referred to as MSME registration, is an official government registration process that provides a certificate of recognition along with a unique identification number. |
What are the formalities for Udyam registration?The formalities for Udyam registration involve providing necessary details and documentation about the business, such as its name, address, type of organisation, Aadhaar number, and bank account information. Additionally, information regarding the category and classification of the business based on its investment and turnover is also required. The registration can typically be done online through the Udyam registration portal, making the process relatively convenient and efficient. |
How much time it will take for Udyam registration?After submitting the application, the Udyam registration process usually takes around four or five days. Upon completion, you will receive an email notification containing your registration number. However, in some cases, the process might extend beyond 15 days. |
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