Have you heard about the Udyam registration form? If not, then it's more like a gateway that can recognize your business as an official MSME in India. As there is a surge in entrepreneurship, the government has come up with this golden opportunity.
Udyam Registration is a must-have that allows you to access a host of financial support. So, it's your time to take a closer look at the guide, which can boost your business. Keep reading, as we're going to walk you through everything about the Udyam registration form.
What is Udyam Registration?
Udyam Registration can be described as a government portal in which you can register your enterprise as an MSMEs. It can aid you to avail benefits such as exemption under direct taxes, protection from delayed payments, loans, and subsidies. If you're a new enterprise, then Udyam registration can be your perfect match.
Steps to Register for the Udyam Scheme
Step 1: Visit the Portal of Udyam Registration
Firstly, you've got to visit the official portal of Udyam Registration. There is no such charge for registration, and that's why you should beware of third-party website charging fees.
Step 2: Enter Your Aadhaar Details
During registration, it's mandatory to have the authorized signatory or your Aadhaar number. For partnerships, the managing partner's Aadhaar should be used. On the other hand, authorized signatory's Aadhaar is required for a company. In the case of proprietorship firms, the Aadhaar of owner is required.
Step 3: Enter the Details of the Business
When you're done with verification, it's time to provide information related to your enterprise, like type of organization, location of the business, business name, PAN details, and date of commencement.
Step 4: Investment and Turnover Details
Now, you've got to enter your details, like investment and turnover. In terms of classification, the main considerations are investment made in plant and machinery or equipment and turnover. We've mentioned the limits for each category:
- Micro Enterprises: Investment exceeding ₹1 crore and turnover in excess of ₹5 crores.
- Small enterprises: Investment exceeding ₹10 crores and turnover in excess of ₹50 crores.
- Medium Enterprises: Investment exceeding ₹50 crores and turnover in excess of ₹250 crores.
Step 5: Submit and Generate Your Udyam Registration Number
Lastly, submit your form, and with the successful registration, a permanent URN will be generated. Also, you will receive an e-certificate with this number that you can use for official purposes.
Udyam Registration Form PDF Download
Do you wish to maintain a hard copy of your form for any future references? If yes, then you can easily download your Udyam registration form PDF from the official portal of Udyam. However, make sure you've completed your registration process itself online.
Steps to download the form:
- 1 At first, visit the official portal of Udyam Registration.
- 2 Use your Udyam Registration Number to log in.
- 3 Now, navigate to the option of "Download Udyam Registration Certificate."
- 4 For any reference, you can download and print your PDF.
Conclusion
So, completing your Udyam registration form online should be your priority to secure a status for your enterprise as an MSME. Now is the perfect time to open your doors to financial assistance and set your enterprise on the path of success.