How Can I Register Udyam For Private Limited Company?


How Can I Register Udyam For Private Limited Company?

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certainly, here's a guide on how to register a Private Limited Company for Udyam (MSME) Registration in India, including the eligibility criteria, along with the role of an MSME Registration Consultant:

Eligibility Criteria for Udyam Registration:

Any business entity, including a Private Limited Company, can apply for Udyam Registration if it meets the following eligibility criteria:

1.      Type of Entity: The entity should be a business enterprise engaged in manufacturing, production, processing, or preservation of goods, or providing services.

2.      Investment Limit: For manufacturing or production enterprises, the investment in plant and machinery or equipment should not exceed Rs. 1 crore. For service enterprises, the investment limit should not exceed Rs. 50 lakhs.

3.      Turnover Limit: The annual turnover of the entity should not exceed Rs. 5 crore for manufacturing or production enterprises and Rs. 2 crore for service enterprises.

Process of Registering Udyam for a Private Limited Company:

1.      Engage an MSME Registration Consultant: Begin by hiring an MSME Registration Consultant in India who specializes in Private Limited Company registrations for Udyam. They will provide expert guidance.

2.      Gather Necessary Documentation: Collaborate with your consultant to collect the required documents, such as PAN card, Aadhaar card, proof of business address, and details of your Private Limited Company's activities.

3.      Access the Udyam Registration Portal: With your consultant's assistance, visit the official Udyam Registration portal to initiate the registration process.

4.      Create or Log into Your Account: If you don't have an account, create one on the portal. Your Aadhaar number will be required for verification.

5.      Provide Company Information: Enter accurate details about your Private Limited Company, including company name, PAN, location, contact information, and more.

6.      Select the Appropriate NIC Code: Choose the correct National Industrial Classification (NIC) code that aligns with your company's primary business activities.

7.      Enter Investment and Turnover Details: Input information regarding your company's investment in plant, machinery, equipment, and annual turnover.

8.      Upload Necessary Documents: Scan and upload essential documents, such as Aadhaar card, PAN card, and proof of business address. Ensure that the uploaded documents are clear and legible.

9.      Self-Declaration and Verification: Declare the accuracy of the provided information and complete the verification process. You'll receive an OTP on your registered mobile number.

10.  Generate Udyam Registration Certificate: After successful verification, the portal will generate your Udyam Registration Certificate, officially recognizing your Private Limited Company as an MSME.

Role of an MSME Registration Consultant:

1.      Expert Guidance: Consultants offer expert guidance on the entire registration process, ensuring accuracy and adherence to regulations.

2.      Document Verification: Consultants ensure that all necessary documents are correctly prepared, uploaded accurately, and meet regulatory standards.

3.      Compliance Assurance: Consultants verify that the registration process aligns with legal requirements, reducing the risk of future complications.

4.      Process Streamlining: Consultants streamline the entire registration process, saving you time and effort.

By collaborating with an MSME Registration Consultant, your Private Limited Company can complete the Udyam Registration process successfully while reaping the benefits that MSME status offers.

 

 Tel:+917299972500

info@filingpoint.com

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