Complete your Udyam registration in Delhi with the help of Vakilsearch to reduce the chances of rejection of your application.
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 is offered 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. At Vakilsearch, one can easily file for the Udyam registration online.
Registration Process for Udyam in New Delhi
In Udyam registration in Delhi, firstly, 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 registration 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 of MSME registration.
Important Things to Consider Before Udyam Registration
Important Documents
- Personal Aadhaar card number
- Industry name
- Address
- Bank Account details
- PAN card number
- Social category (general, OBC, SC, ST)
- Gender
- Name of Enterprise
- Location of enterprise or plant
- Office address of the enterprise
- Business commencement date or incorporation or registration of business.
- Business activity of an enterprise
- NIC code of the primary activity of the business
- Number of employees in the enterprise
- Overall investment in the business. (In case of no investment in machinery, an applicant can fill zero in that option)
- Overall turnover of the enterprise. (In case of no turnover, the business can fill zero in this option)
- 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 majority of the MSME registration portals fall under the Udyog aadhaar. Thus now, the MSME registration turns into Udyog aadhaar registration. This is a one-page self-certificate.
However, 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.
It 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 a 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 more simple for enterprises. Before applying to the MSME, enterprises must apply for two forms with different fillings. These forms are EM Part-1 ( Entrepreneurs Memorandum ) and EM Part-2.
The manual application procedure is quite challenging and is not considered investor or entrepreneurs 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.
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.
Why Does One Need Udyam Registration?
Having Udyam registration for your business provides the following benefits:
- Access to collateral-free loans from any bank.
- Eligibility to request lower interest rates for loans from your bank/NBFC.
- Reduced charges on government claims.
- Concessions in electricity bills for your venture.
- Access to subsidies from National Small Industries Corporation and other Government entities.
- Eligibility for reimbursement of the cost involved in obtaining ISO certification.
- Qualification for the Government of India’s excise exemption scheme.
- Ease of availing tax exemptions.
Consultants in the New Delhi for Udyam Registration
In Delhi, Vakilsearch is one of the most popular consultants for Udyog Aadhaar registration. As this process is a little complicated, thus we will help you to register in Udyam very easily.
Now, the Indian government 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 help you register in the right place for the Udyog aadhaar. 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.
Conclusion
Udyam Registration in New Delhi is important as soon as possible to get benefits for your business. In New Delhi, the Udyam Registration: https://msme.gov.in/ is only valid until the existence of the enterprises. 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. To avoid any chance of rejection or hurdle, submit all the required business documents.
For a better understanding of this, contact your one and only consultant, Vakilsearch.
FAQs
Is Udyam registration a legal requirement?Yes. Udyam registration is a legal requirement in India. |
Is Udyam registration mandatory for existing enterprises?Yes. Udyam registration is mandatory, even for existing businesses. |
Is Udyam registration the same as MSME registration?Yes, both registrations are the same. |
Is there any provision to renew Udyam’s registration number?No, you do not need to renew the Udyam registration number as it is now considered permanent under the recent guidelines. |
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