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Udyam Registration for Service-Based MSMEs
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UDYAM REGISTRATION FOR SERVICE-BASED MSMES https://msmeregistrar.org
Introduction • Udyam Registration is the government’s digital registration system for MSMEs. • Applicable to both manufacturing and service-based MSMEs. • Launched on July 1, 2020, under the Ministry of MSME, Government of India. • Mandatory for MSMEs to avail benefits under various schemes and incentives. https://msmeregistrar.org
Micro Enterprise Medium Enterprise Small Enterprise Investment in equipment ≤ ₹1 crore and turnover ≤ ₹5 crore. Investment in equipment ≤ ₹50 crore and turnover ≤ ₹250 crore. Investment in equipment ≤ ₹10 crore and turnover ≤ ₹50 crore. Definition of Service-based MSMEs Also Read, MSME Registration - All about Micro, Small & Medium Enterprise https://msmeregistrar.org
Access to Credit: Government Schemes: Udyam Registration Benefits Collateral-free loans, priority sector lending, lower interest rates. Access to schemes like CGTMSE, MSME SAMADHAN, etc. Ease of Doing Business: Market Support: Preference in government tenders, marketing assistance. Simplified online process, single-window clearance. https://msmeregistrar.org
Visit the Udyam Registration Portal https://msmeregistrar.org • Enter Business Details • Enter Details of Investment and Turnover • Upload Required Documents • Submit the Application • Pay Registration Fee • Receive Registration Certificate Udyam Regstration Process https://msmeregistrar.org https://msmeregistrar.org
Importance for Service-based MSMEs • Service sectors like IT, tourism, and healthcare are key drivers of economic growth. • Access to government incentives for technological upgradation, business development. • Helps in scaling operations, especially in sectors requiring high-skilled services. • Facilitates entry into government procurement and tenders. Note: Apply for Udyam Re-registration through the official Portal https://msmeregistrar.org
Aadhar Number (of proprietor/partner/director) Documents Required for Udyam Registration • PAN Card of the enterprise • GSTIN (if applicable) • Details of business activity, investment, and turnover
Conclusion • Udyam Registration opens doors to multiple government initiatives. • Service-based MSMEs can scale faster with easier access to finance, market, and resources. • Encourages formalization of businesses, leading to long-term growth.
Get in Touch +91 - 9355583495 https://msmeregistrar.org care@msmeregistrar.org
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