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Udyog Aadhaar SSI|MSME Registration
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Procedure for online SSI | MSME REGISTRATION in India
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Online SSI MSME Registration (Udyog Aadhar) – An Overview
MSME stands for Micro, Small & Medium Enterprises Registration. MSME sector has emerged as a highly dynamic sector of the economy of India for over last five decades. MSMEs in India play a vital role in providing huge employment opportunities.
MSME Registration is done as per the MSMED Act, 2006. The Registration Certificate is also known as Udyog Aadhaar. It has been introduced as part of Ease of Doing Business initiative in India.
The Registration is not mandatory but it is required to avail various benefits under the MSMED Act. We, at LegalFidelity, can help you get you business registered under the MSMED Act and avail those benefits.
Note: LegalFidelity is a private consultancy firm and in no way represent any relation to any government body.
Benefits of online MSME Registration in India
Also the Major Benefits of Having an Udyog Aadhaar Certificate are as follows:
- 100% Collateral Free loans from banks
- Reduction in interest rates
- 1% exemption on OD interest rate
- 50% subsidy for Patent registration or Trademark Registration
- Bar Code Registration Subsidy
- Waiver in Security Deposit in Govt. Tenders and Departments
- Concession in Electricity bills
- Reimbursement of ISO Certification
- NSIC Performance & Credit ratings
- Special consideration on International Trade fairs
Details required for Udyog Aadhar Registration
The various details required for Udyog Aadhaar Registration are as follows:
- Aadhar Number
- PAN Number
- Name of Individual(Applicant)
- Name of the Enterprise
- Type of Organization
- Address of Enterprise
- Date of Commencement of business
- Bank Details
- Other Details such as Mobile No, Email ID etc.
FAQs on online MSME Registration in India
It is a type of registration which is done for the Micro, Small & Medium Enterprises under the MSMED Act, 2006. This registration helps MSMEs to grow and receive various benefits from State as well as Central Government.
We, at LegalFidelity, can help you get your business registered under the MSMED Act and avail those benefits.
No, only soft copy of the certificate is issued by the Government.
Yes, Aadhaar is mandatory for MSME Registration.
Any individual citizen having an Aadhar Card can apply for Udyog Aadhaar Registration.
Although MSME Registration is not mandatory, it is always advisable for the Micro, Small & Medium Enterprises to get MSME Registration. It helps them to avail various benefits under the MSMED Act. We, at LegalFidelity, can help you get you business registered under the MSMED Act and avail those benefits.
Provisional Registration Certificate (PRC) is applied before starting the operations of your business. It will help you in obtaining clearances & NOCs from Govt. regulatory bodies.
The Provisional Registration Certificate or PRC is valid for a period of five years. After its expiry, you can still apply for new PRC if your business is still not operational. After commencing of business, you can apply for Permanent License.