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Udyog Aadhaar SSI|MSME Registration
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- Udyog Aadhaar SSI|MSME Registration
Our Process
Procedure for online SSI | MSME REGISTRATION in India
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Time Taken
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Documents Required for Udyog Aadhaar(SSI|MSME) Registration
Only Scanned Copies are required
What You Get
Online SSI MSME Registration (Udyog Aadhar) – An Overview
Micro, Small & Medium Enterprises Registration is known as MSME. Over the past 50 years, India’s MSME sector has grown to be one of the country’s most dynamic economic sectors. In India, MSMEs are essential for creating a large number of job possibilities.
MSMED Act of 2006 governs MSME Registration. Another name for the Registration Certificate is Udyog Aadhaar. It was unveiled as a part of India’s Ease of Doing Business campaign.
While registration is not essential, it is in order to be eligible for several MSMED Act benefits. At Experts Advice, we can assist you with registering your company under the MSMED Act and gaining access to these advantages.
Definition of MSMEs: Micro, Small, and Medium Enterprises (MSMEs) are defined based on their investment in plant and machinery or equipment, along with turnover. As per the updated definition effective from July 1, 2020, MSMEs are categorized as follows:
Micro Enterprises: Firms with investment in plant and machinery or equipment up to Rs. 1 crore and turnover up to Rs. 5 crore.
Small Enterprises: Firms with investment in plant and machinery or equipment up to Rs. 10 crore and turnover up to Rs. 50 crore.
Medium Enterprises: Firms with investment in plant and machinery or equipment up to Rs. 50 crore and turnover up to Rs. 250 crore.
Benefits of online MSME Registration in India
Also the Major Benefits of Having an Udyog Aadhaar Certificate are as follows:
- 100% Collateral Free loans from banks
- Reduction in interest rates
- 1% exemption on OD interest rate
- 50% subsidy for Patent registration or Trademark Registration
- Bar Code Registration Subsidy
- Waiver in Security Deposit in Govt. Tenders and Departments
- Concession in Electricity bills
- Reimbursement of ISO Certification
- NSIC Performance & Credit ratings
- Special consideration on International Trade fairs
Details required for Udyog Aadhar Registration
The various details required for Udyog Aadhaar Registration are as follows:
- Aadhar Number
- PAN Number
- Name of Individual(Applicant)
- Name of the Enterprise
- Type of Organization
- Address of Enterprise
- Date of Commencement of business
- Bank Details
- Other Details such as Mobile No, Email ID etc.
