Msme registration

The Udyam certificate, previously known as Udyog Aadhar, is an essential document for every business. Udyam registration enables a business to participate in government tenders, acquire bank loans at subsidized interest rates, avail various tax rebates, and receive priority in availing licenses, approvals, and other registrations regardless of their business domain. Additionally, it provides easy access to credit at lower interest rates.

Moreover, Udyam registered businesses benefit from tariff, tax, and capital subsidies, as well as reduced costs for obtaining a trademark or patent. This registration is a straightforward process for startups and MSME companies, where Arthiq Services will facilitate your registration as an Udyam company, assisting with the necessary documentation, online application filing, and coordination with the appropriate authorities.

All manufacturers and service providers can register as an Udyam. The registering government authority for Udyam registration is the Ministry of Micro, Small, and Medium Enterprises.

Furthermore, this Udyam certification provides additional benefits that allow businesses to leverage government schemes. With Udyam Registration, businesses enjoy tax breaks and incentives as per state regulations, can claim waivers for stamp duty and registration expenses, benefit from a 1% interest rate charge exemption on overdrafts, avail of NSIC and credit rating subsidies, and become eligible for the IPS subsidy program.

The government's efforts to make India "Atmanirbhar" (self-reliant) include enhancing the MSME - UDYAM platform, not only by redefining MSME criteria but also by launching various initiatives and services aimed at helping Small and Medium-Sized Enterprises (SMEs) expand their businesses.