Udyam Registration: What is it and How to do it in India
Udyam Registration: What is it and How to do it in India
Udyam Registration is a new system of registering micro, small, and medium enterprises (MSMEs) in India. The new system has replaced the previous system of registering MSMEs under the Ministry of Micro, Small and Medium Enterprises (MSME). In this article, we will take a look at what Udyam Registration is and how to do it in India.
What is Udyam Registration?
Udyam Registration is a simplified process of registering MSMEs in India. The new system is aimed at making the registration process easier, faster, and more efficient. Under the new system, MSMEs can be registered online, eliminating the need for physical visits to government offices.
Benefits of Udyam Registration
Udyam Registration offers several benefits to MSMEs in India, including:
Easy and convenient registration process
Quicker processing time
Access to various government schemes and benefits
Improved recognition and credibility
Simplified compliance with various regulations
How to do Udyam Registration in India
The process of registering for Udyam Registration is relatively straightforward and can be done online. Here are the steps to follow:
Step 1: Visit the official Udyam Registration Portal
The first step is to visit the official Udyam Registration Portal, which is www.udyamregistration.gov.in. Once you are on the homepage, click on the "New Udyam Registration" option.
Step 2: Fill in Your Details
On the next page, you will be required to fill in your personal and business details, including your name