Udyog Aadhaar/ Udyam Registration

Udyog Aadhaar/ Udyam Registration is a twelve digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises, beginning in September 2015. It is also known as Aadhaar for Business.

WHAT ARE THE BENEFITS OF OBTAINING THE UDYAM REGISTRATION

  1. With Udyam registration bank loans can be availed at a lower rate of interest in some cases the loans can also be availed without the collateral or any mortgage.
  2. The applicant having Udyam is eligible for receiving government subsidies.
  3. The applicant gets the financial support to participate in various foreign expos to showcase their products.
  4. Udyam Registration also helps in reducing the cost of setting up the business and even patenting.
  5. For small and medium-sized enterprises that have Udyam registration also needs to have various tax rebates and the exemptions
  6. There are tariff subsidies that can be availed with capital and government subsidies.
  7. Licenses, approvals, and registration become more feasible with the Udyam registration..
  8. The Udyam registration obtained is valid till the existence of the enterprises there is no need to renew this type of registration. The time taken to obtain Udyog Registration is dependent on the submission of the documents by the client. The documents required should be submitted properly to avoid chances of rejection.
  9. Talk to our experts today and get expert guidance over the registration of businesses.