Micro, Small, and Medium Enterprises what we call (MSMEs) play a crucial role in driving the Indian economy. They create a large number of jobs for Indian people and aid in the financial growth of India. The government has introduced the Udyam Registration to support MSMEs. Udyam registration of small businesses opens the door for so many government schemes and subsidies. Here are some reasons...
1. Access to Government Schemes and Subsidies
Registered MSMEs can avail of numerous financial incentives such as capital subsidies, skill development programs, export assistance, and even refunds for ISO certification or patent registration.
2. Better Access to Finance
With Udyam Registration, businesses can obtain collateral-free loans, lower interest rates, and easier access to credit...
Starting a food business in India can be an exciting and rewarding venture, whether it's a small home-based kitchen, a restaurant, a food truck, or a large-scale food manufacturing unit. However, before serving your first dish or selling your first packaged item, one important legal requirement must be fulfilled — obtaining a Food Licence Certificate.
In India, food safety and quality are...
Udyam Registration: A Complete Guide for Small Businesses in India
Micro, Small, and Medium Enterprises (MSMEs) form the cornerstone of India’s economic growth. They provide employment to millions, foster innovation, and contribute significantly to the country’s GDP. Recognizing their importance, the Government of India introduced the Udyam Registration system to offer formal...
Who Can Register?
Any micro, small, or medium enterprise, as defined by investment and turnover thresholds, is eligible:
Micro Enterprise: Investment up to ₹1 crore and turnover up to ₹5 crore
Small Enterprise: Investment up to ₹10 crore and turnover up to ₹50 crore
Medium Enterprise: Investment up to ₹50 crore and turnover up to ₹250 crore
Documents Required
Aadhaar number of the...
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