This article shares information on Top 5 Udyam MSME Consultants in India and other relevant details. For those who wish to apply for Udyam / MSME Registration this will certainly help.
What is Udyam / MSME Registration?
Ministry of MSME has revised the MSME registration process w.e.f 01st July 2020. It is now known as ‘UDYAM REGISTRATION’. The Term Udyam is equivalent to Enterprises in English. Hence all the Micro, Small or Medium Enterprises has to obtain UDAYM Registration to avail the benefits of various schemes run by the govt.
What is MSME registration?
MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy.
Proprietorships, Hindu Undivided Family, Partnership Firm, One Person Company, Limited Liability Partnership, Private Limited Company, Limited Company, Producer Company, any association of persons, co-operative societies or any other undertaking can obtain MSME registration in India.
What is the purpose of MSME?
As of now, the Ministry of Micro, Small and Medium Enterprise has given business owners and enterprises to collect interest on payments delayed by the buyer. Under the MSME registration benefits, a buyer is expected to make a payment for the goods/services within 15 days of the purchase.
Benefits of MSME Registration
- Bank Loans (Collateral Free).
- Subsidy on Patent Registration.
- Overdraft Interest Rate Exemption.
- Industrial Promotion Subsidy Eligibility.
- Protection against Payments (Delayed Payments)
- Fewer Electricity Bills.
- ISO Certification Charges Reimbursement.
What type of business comes under MSME?
- Micro Enterprises – Does not exceed twenty-five lakh rupees
- Small Enterprises – More than twenty-five lakh rupees but does not exceed five crore rupees
- Medium Enterprises – More than five crore rupees but does not exceed ten crore rupees
Any Business having a turnover of or less than Rs. 1.5 Crores is considered a Small Business in the GST Regime and are required to GST Returns Filing & pay taxes but on a quarterly basis. Meaning MSMEs were open to the GST compliance procedures of registration, Return Filing, payments, refunds, returns, etc.
Requirements for MSME Registration
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- Aadhar number of the applicant.
- Name, gender, PAN number, email id and mobile number of the applicant.
- PAN, location, and address of the organization.
- A number of employees and the date, you are planning to start your business.
- Bank account number and IFSC code.
- The basic business activity of the enterprise.
Similar Topics
What is Udyam MSME Registration?
Udyam MSME Enterprise Classification
Documents Required for Udyam MSME Registration
Udyam MSME Registration Process
Expert Guide for Udyam MSME Registration
Udyam MSME Registration Reference Videos
Here are some videos related to Udyam MSME Registration which offer in-depth information on how to apply for an Udyam MSME Registration in India.
Udyam MSME Registration Reference Links
Given below are relevant links which offer latest and updated information on Udyam MSME Registration in India.
Udyam MSME Registration – https://cleartax.in/s/all-about-udyamregistration-gov-in-portal
All you need to know about Udyam Registration – https://www.e-startupindia.com/udyam-registration.html
Online Udyam Registration – https://legaldocs.co.in/udyam-registration
How to get MSME Registration?
The MSME Registration application is an extensive process subject to strict adherence to complete and accurate paperwork and procedure. An error in paperwork is likely to delay the process by several weeks or even months leading to loss of time and money.
Hiring an experienced MSME Consultant can help you save time and efforts and get an MSME Registration without a hassle in stipulated time period.
Given below is the list of Top 5 Udyam MSME Consultants in India:
WeR Consultants – Call: 7715923881, 8767805809 – https://www.werconsultants.com
Osgan Consultants – Call: 9811226085 – http://osganconsultants.com
MS Legal Associates – Call: 9980677677 – http://www.mslegalassociates.in
ADCA – Call: 7303414760 – https://adca.in
Suvidha Consultants – Call: 9051029900 – https://www.suvidhagroup.in
Note: MSME registration process is fully online, paperless and based on self-declaration. No documents or proof are required to be uploaded for registering an MSME.
For details visit https://udyamregistration.gov.in/Government-India/Ministry-MSME-registration.htm
Why is it important to connect with the right consultants?
A knowledgeable and professional consultant has years of experience procuring license, registration process, preparing documents, using proper formats, avoiding common errors and supporting clients and this expertise can certainly help your business. Get License connects you with BEST consultants who know what they are doing and do it well. They deliver results. Period.
Customer Reviews
Providing the right information, latest updates, helping with documentation and paperwork, applying for the license and getting it ensures customer satisfaction. Here are some reviews that underline the commitment and professionalism of these Consultants..
How to Find the Right Consultant?
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- Don’t make payment till you get your license. Have it all checked, be double sure before you make the payment.
Is it absolutely necessary to find a consultant to get a license?
No, you will find all the relevant information on this website to apply for the license on your own. Of course, it will take some effort and time to go through it, but it will save you good amount of money and also make you smarter. Remember – consultants are people like us. You can do, what they can do. Just go through the information given and apply online. It is not at all difficult.