Micro, small and medium enterprise sector had been one of the important backbones of the Indian economy. It gave a huge employment boost to the rural sector of India. This sector had contributed a lot to the social and economic development of underdeveloped parts of the country. This sector need help from the Govt because the technological development in this sector was little to negligible. The Govt had introduced various schemes.
Classification of MSME company
If Investment up to RS 1CR and turnover up to RS 5cr it is considered as micro-scale business.
If the investment is up to 10cr and the turnover is 50cr it is considered as small-scale business.
The validity of the MSME certificate
This certificate is valid for the entire life of your business for both the service and manufacturing segment. There are no limitations on the number of businesses registered on the same entity.
Udyam registration process
- Enter your Aadhaar card number and your details, you will receive an OTP for verification.
- Enter Aadhaar number and business owner name as per Aadhaar card, You will receive an OTP to your Aadhaar registered number you have verified it.
- Enter your caste category.
- Mention the type of organization.
- Enter you PAN card details.
- Add your business location related details
- Register your bank details.
Let me make it clear that Application process for any MSME is the same in entire India., You have to follow the same process. The entire process is done with an online portal https://udyogaadhaar.gov.in/ .
You will be glad to know that there are companies which will help you and assist you in the entire MSME registration process.
To make improvement of doing simple of business for mechanical and administration area businesses, the Ministry of MSME has acquainted an arrangement with empower the candidate could alter / update Udyog Aadhaar Memorandum.
At the point when a venture or business needs to refresh or alter new data to its current Udyog Aadhaar enrollment number, at that point the candidate can move for that with this simple cycle. See here underneath:
You've to visit Udyog Aadhaar site. Discover "Update Udyog Aadhaar" menu from menu bar and snap on it.
Enter 12 digits UAM Number of concerned business, select OTP alternative (of course "OTP on Mobile as Filed in Application" is being picked as of now), confirmation code and snap on "Approve and Generate OTP" button. At that point an OTP will go to you picked choice (implies Mobile or Email), check this and update your undertaking information.
Alter the data what you need to change subtleties in your business and snap on Submit button.