How Can I Register Udyam For Private Limited Company?


How Can I Register Udyam For Private Limited Company?

 "Call Our Business Plan Experts at +91-72999-72500"


The registration process for Udyam is entirely digital and paperless based on self-declaration by the business. The portal is integrated with the Income Tax and GST Identification systems as well as the government e-marketplace.

In the first step, the business must declare whether it is a proprietorship, partnership firm, or a limited liability company (LLC). Then, enter the number of employees and the total investment in plant and machinery. Also, provide the NIC or National Industry Classification Code for the business activity. After entering these details, select the DIC or district industry center to which the declaration is being made. Once the information has been verified, an OTP will be sent to the registered mobile number or email address. Once the OTP is entered, the Udyamregistration Consultant will be completed.

Besides being a mandatory requirement for enterprises, Udyam registration also opens up numerous opportunities for entrepreneurs. It allows them to avail incredible advantages under the various MSME schemes of the Indian government. These include waiver of stamp duty and registration charges, lower rates of interest on bank loans, exemption from direct taxes, and an additional edge in Government Tenders, among others.

To register for Udyam, entrepreneurs must have their Aadhaar, PAN card, and GST registration number on hand. They must also have a valid email address and a bank account that has IFSC codes. The entrepreneur should then fill in all the other required details. After submitting the information, they should press the "Submit and Get Final OTP" button. Once the information has been verified, an e-registration certificate will be sent to the business owner's registered e-mail address.

 

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