It is a government registration for MSMEs providing them with a unique Identity Number and a recognition certificate, to certify them as micro/small/medium enterprises.
What are the benefits of Udyam Registration?
- Interest rate Subsidy on Bank loans.
- Collateral free loans from banks.
- Direct tax laws rules exemption.
- NSIC performance and credit rating fees subsidy.
- International trade fair special consideration.
Who can take Udyam Registration?
It is a Zero Cost, No fee, free registration: – Any person who intends to establish a micro, small or medium enterprise may file Udyam Registration online in the Udyam Registration portal, based on self-declaration with no requirement to upload documents, papers, certificates or proof.