Archives: Services
Udyam Adhar (MSME)
1. What is Udyam Registration?
- Udyam Registration (formerly known as Udyog Aadhaar) is the official Micro, Small and Medium Enterprise (MSME) registration provided by the Ministry of MSME, Government of India.
- It provides a 12-digit Udyam Registration Number (URN) and an e-certificate that recognizes your business as a Micro, Small, or Medium Enterprise.
- Legal Framework: Governing Law – MSMED Act, 2006, Implemented via Notification No. S.O. 2119(E) dated 26.06.2020
2. Who Should Register?
Udyam registration is recommended for all businesses, including:
- Proprietorships
- Partnerships
- LLPs
- Private Limited Companies
- OPCs
- Trusts, Societies, Co-operatives
📌 Applicable to:
- Manufacturers
- Service providers
- Consultants
- Traders and wholesalers (now allowed as of July 2021)
3. MSME Classification (Effective from 1 July 2020)
| Type of Enterprise | Investment in Plant & Machinery | Annual Turnover |
| Micro | Up to ₹1 crore | Up to ₹5 crore |
| Small | Up to ₹10 crore | Up to ₹50 crore |
| Medium | Up to ₹50 crore | Up to ₹250 crore |
💡 Both investment & turnover conditions must be met to determine classification.
4. Documents & Information Required
- Aadhaar Number (Proprietor / Partner / Director)
- PAN of Proprietor or Business
- Business Name and Address
- Type of Organization
- Mobile Number & Email ID
- Bank Details (A/c No. & IFSC)
- NIC Code (Nature of business)
- Employee Count, Investment & Turnover Info
- GSTIN (if available) – Auto fetched
📌 No documents need to be uploaded – Aadhaar-based self-declaration & OTP verification is used.
5. Registration Process
| Step | Description |
| 1️⃣ | Fill Udyam Application Form (Online or Assisted) |
| 2️⃣ | Aadhaar OTP Verification |
| 3️⃣ | PAN & GST auto-linked for validation |
| 4️⃣ | Submission & URN generation |
| 5️⃣ | Certificate emailed within 24–48 hours |
🕒 Processing Time: Same day or 1 working day
6. Fees & Validity
- Fee & Costs: ₹500 – ₹1,000 (depending on support required)
- Validity: Lifetime – no renewal required unless info changes
- Amendments: Possible online (e.g., turnover, address, activity)
7. Major Benefits of Udyam Registration
💸 Financial & Credit Benefits
- Easy access to collateral-free business loans
- Lower interest rates under CGTMSE & MUDRA schemes
- Subsidized bank loans for machinery, working capital, etc.
- Eligible for Overdraft + Interest Subsidy
📈 Government Incentives
- 50% subsidy on patent/trademark application fees
- Concession in electricity bills (on application to local boards)
- ISO Certification Reimbursement
- Stamp duty and registration benefits in some states
🏛️ Public Procurement Advantages
- EMD (Earnest Money Deposit) exemption in govt. tenders
- Tender reservation (25% procurement from MSMEs mandated)
- Price preference in tenders
🧾 Ease of Doing Business
- Faster approvals and licensing in departments like GST, IEC, FSSAI
- Boosts business credibility and brand value
- Required for various government subsidies & grants
8. Post-Registration Responsibilities
- No mandatory compliance filing required annually
- Must update details if turnover or investment changes
- GST, ITR & Income declared will be auto-updated from government portals
9. Our End-to-End Service Includes
| Stage | Service |
| ✅ Pre-Filing | Free consultation, eligibility check |
| 📝 Filing | End-to-end form filling & Aadhaar verification |
| 🔐 OTP Support | Managing OTP, portal submission |
| 📄 Certificate | Email/WhatsApp delivery of Udyam Certificate |
| 📞 After-Service | Help with corrections, print, tender usage, etc. |
10. Ideal For
- Small business owners
- Freelancers & consultants
- Traders and retailers
- Service providers & manufacturers
- Startups & MSME loan seekers
11. Important Notes
- Multiple businesses = separate Udyam registration for each entity
- PAN & GST mandatory for businesses registered after 1 April 2021
- Udyam replaces old Udyog Aadhaar Memorandum (UAM)
⚠️ Disclaimer
The above information is provided for general awareness and informational purposes only. While we strive to keep the content accurate and up to date, we do not guarantee the completeness, accuracy, or reliability of any information provided herein. The content should not be construed as legal, tax, or professional advice. We recommend consulting with our customer service team for the most recent and applicable guidance. We shall not be held responsible for any loss or liability arising from the use of this information.
Shop Act License
Shop Act License (Shops and Establishment Registration)
1. What is Shop Act License?
- A mandatory registration for businesses operating from a shop, office, or any commercial establishment.
- Issued under the Shops and Establishment Act of the respective State Government.
- Regulates working conditions, wages, holidays, hours of work, and employment rights.
📘 Applicable to:
- Shops
- Offices
- Restaurants, Cafes
- Freelancers/Consultants
- Online sellers
- Co-working spaces
- Service providers, etc.
2. Why is it Required?
- Legal recognition of your business
- This is prime document to establish proprietary firm
- Needed for opening a current bank account
- Required for GST registration, trade licenses, loans, etc.
- Helps comply with labor laws related to employee welfare
3. Details Required for Registration
- Business Name & Type
- Address Proof of business place (electricity bill, rent agreement, etc.)
- PAN Card of proprietor/partners/company
- Aadhaar Card of applicant
- Photos (Owner & Shop/Office premises)
- Employee details (if any)
- Email ID & Mobile Number
- Nature of business
4️. Documents Required
| For Proprietorship | For Partnership/LLP/Pvt Ltd |
| PAN + Aadhaar | PAN of Firm + Partners |
| Address Proof of Shop | Address Proof of Office |
| Photo of Signboard | Certificate of Incorporation |
| Rent Agreement / Tax Receipt | Partnership Deed / MOA-AOA |
| Declaration Form | Board Resolution (if required) |
5. Fees & Costing
- Govt. Fees: ₹100 – ₹5,000 (varies by state & employee count)
- Professional Fees: ₹500 – ₹2,000 approx.
- Total Cost: ₹1,000 – ₹7,000
Example:
Maharashtra Gumasta License (Single Owner + <10 employees): ~₹1,000 total
6. Processing Time
- Online Application: 1–3 working days (in most states)
- Offline (if applicable): 3–7 days
✅ Most major states now support 100% online application and issuance.
7. Validity & Renewal
- Validity: 1 year to 5 years (depending on state option chosen)
- Renewal before expiry is mandatory
- Non-renewal may attract penalties
8. Post Registration Compliance
- Display license at workplace
- Maintain employee attendance & wage register (if applicable)
- Update in case of change in:
- Address
- No. of employees
- Nature of business
- Ownership
9. Penalties for Non-Compliance : ₹ around 10,000
⚠️ Disclaimer
The above information is provided for general awareness and informational purposes only. While we strive to keep the content accurate and up to date, we do not guarantee the completeness, accuracy, or reliability of any information provided herein. The content should not be construed as legal, tax, or professional advice. We recommend consulting with our customer service team for the most recent and applicable guidance. We shall not be held responsible for any loss or liability arising from the use of this information.
