Udyamregister.

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 Udyam registration
Udyam Registration is the online process for the government
registration of small enterprises under MSME. The small-scale
traders who qualify under Micro, Small, and Medium enterprises can
get registration for Udyam. Earlier there was no registration process
for traders under MSME. On 2nd July 2021, the traders were also
included under the ambit of MSME and the small retailers and
wholesalers can get themselves registered on the Udyam
registration portal and enjoy the benefits provided by the
government for MSME. So Continue reading this blog to know all
about Udyam registration for traders.
 Benefits of Udyam Registration
Here are some benefits of getting a Udyam certificate as a traders
Easy availability of Tenders
The traders who are registered under MSMEs can get the government
tenders without security bid money. The MSMEs get preferences in getting
the government tenders and therefore, the traders can easily get the
government bids/ tenders.
Subsidy on various taxes
The traders who are registered under MSMEs can get subsidies on various
taxes. The MSMEs get the threshold for exemption from taxes and can get
the benefit of subsidy under various schemes.
 Benefits of Udyam Registration
Collateral-free loans
The MSME traders can get easy credit on working capital/
term loans extended by eligible lending institutions. The
traders can get the guarantee covers for the loans which
are not covered by collateral/ mortgage.
Market support
The government provides market support to the MSMEs by
providing a refund/ rebate on the registration fees of the
barcode. The government intends to encourage MSME
traders & entrepreneurs to implement innovative tools in
their business.
 Benefits of Udyam Registration
Access to GeM
The MSME traders get direct access to GeM which is a wide online
marketplace for the procurement of goods & services. The Udyam portal
is integrated with GeM and therefore, the MSME trades can get direct
access to the online marketplace for buying/ selling their products/
services on GeM.
Intellectual Property Rights
The government provides reimbursement on the registration fees of the
intellectual property elements such as trademark, patent, etc. The
MSME traders can avail these benefits to further expand their business
and earn recognition and protect their Intellectual property rights.
 Benefits of Udyam Registration
echnology & quality up-gradation support
The government provides technology & quality up-gradation support by
providing subsidies on adopting Energy Efficient Technologies to encourage
them to use environmentally friendly technologies.
Subsidy on Capital requirements
The MSMEs can avail 15% subsidy on capital for their daily cash
requirements/ working capital. The MSMEs can get term loans from the
eligible Public Lending Institutions for the capital requirements.
Credit at lower interest rates
The MSME traders can get the credit at lower interest rates from the eligible
Primary Sector Lending institutions.
 Government decision to give the MSME
status
The government removed the traders from the MSME category in the
year 2017. This forced the small retailers/ wholesalers to borrow
loans at higher rates or from informal financial resources. Since the
small traders were not part of the MSMEs the Banks did not grant
them the loans under Priority Sector Lending and therefore they
could not get the loans easily from the banks. The traders also faced
difficulty in getting the registration on GeM because they did not
have the MSME status.
 Government decision to give the
MSME status
Therefore, the Ministry of Micro, Small, and Medium
enterprises announced that the retail and wholesale trade
would be classified as MSMEs. The revised guidelines for
including the traders under the ambit of MSMEs will
benefit 2.5 crore retail & wholesale traders. Small traders
can now get capital subsidies for their business
requirements.
 Udyam Registration Certificate

The Udyam Registration Certificate is the certificate

given to the Micro, Small, and Medium Enterprises
after getting the Udyam registration which includes
the unique identification number known as UAM
(Udyog Aadhar Memorandum). This certificate can
be used to apply for various benefits provided by
the government for the MSMEs.
 ABOUT US

Udyam (MSME) Registration is totally

liberated from cost and paperless and it
does exclude any on the web or
disconnected office. There is just a
solitary Government entry for Udyam
enlistment..
 CONTACT US

With us is now enrolled as udyam and

the udyam is availing many benefits of
Govt. If you face any problem in filling
the udyam registration form
Thank you