How Can I Register Udyam For Private Limited Company?


How Can I Register Udyam for Private Limited Company?

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The Government of India is focusing on the growth of small-medium enterprises and in order to avail many of their perks an MSME registration or Udyam is required. This process is completely online and paperless. It is based on self-declaration and requires basic details of your enterprise. It also requires a PAN and GST number to verify your information.

Once all of these steps are complete, you will receive a Udyam registration number that is valid for life. Once all the information has been thoroughly verified you will get an E-registration document sent to your registered email id.

If you have an existing enterprise that was previously registered under EM-Part II or UAM, you will need to submit your Aadhaar and PAN again on the new Udyam portal. You will also need to provide your enterprise details such as its main activity, the number of employees, the NIC or National Industry Classification Code and the amount invested in plant and machinery or equipment.

As an MSME or Udyam registered enterprise, your company can avail several benefits such as collateral-free loans from banks. Moreover, this registration also allows you to participate in government tenders (and in some cases exempts you from paying EMD). So if you meet the eligibility criteria for this prestigious designation, you should consider applying for Udyam right away!.

 

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