Udyam Registration (MSME) With Tax and Services
- For manufacturers and service providers
- Various Government Relaxations
- Simple & Secure Online Process
- Dedicated Professional
- Hassle-Free Process
- Get Registration in 2-3 days
NBFC License
According to Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified into two categories:
Manufacturing Enterprises: Manufacturing Enterprises are those enterprises which engaged in the manufacture or production of goods. The Manufacturing Enterprise is defined in terms of investment in Plant & Machinery.
Service Enterprises: The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.
Advantages of Udyam Registration (MSME)
Timely payments of Dues
MSME Enterprises can avail the benefit under this scheme when the buyer does not make the payment as per the agreement or in case of no specific agreement in 45 days, then the buyer is liable to make the payment with 3 times of interest as prescribed by RBI.
Subsidy on IP Registration
A hefty 50% subsidy is given to the Enterprise that has the certificate of registration granted by MSME. This subsidy can be availed for trademark/patent registration by giving application to respective ministry.
Borrowings are Collateral free
Credit Guarantee Fund Scheme for MSME are both term loans and working capital facility up to Rs.100 lakh per borrowing unit, which is provided without any collateral security or third party guarantee.
Capital and other grants for infrastructure development
Since MSMEs is a sector generating employment and giving entrepreneurial ventures a boost, the government also identifies.