UDYAM Registration in Madurai
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MSME registration in Madurai at a professional filing fee of
UDYAM Registration in Madurai
Udyam Registration or MSME Registration, as it is commonly known, is a registration certificate for Enterprises that fall under the criteria of Micro, Small and Medium Enterprises (MSME) as per the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. Subsequently a New Classification criterion came to effect from 01.07.2020. In the new criteria the thresholds are the same for both Manufacturing and Services industry unlike the older one. This registration is intended to bring about benefits to the enterprises that fall under the criteria and to bring overall growth to industries.
NEW MSME Criteria, w.e.f 01.07.2020
Micro
Investment up to 1 Crore and turnover up to 5 Crore
Medium
Investment up to 10 Crore and turnover up to 50 Crore.
Small
Investment up to 50 Crore and turnover up to 250 Crore
UDYAM Registration Benefits
The registration brings about benefits through various schemes to promote small businesses to grow. These schemes have eligibility criteria and have to be applied through the ministry in some cases and through Nodal banks and Institutions for others. A few schemes are:
UDYAM Registration Process
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Answer to a few quick questions
Our MSME Expert will process your application
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2 days is all it takes to get your UDYAM registration in Madurai*
*From date of receiving complete set of documents and details subject to government portal downtime.
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