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Udyam Registration in Coimbatore

Udyam Registration in Coimbatore can now be easily filed online through Smartcorp, based on self-declaration, eliminating the need for supporting documents. Smartcorp extends various legal registration services in and around Coimbatore, covering Kovilpalayam, Peelamedu, Sowripalayam, Singanallur, and Varadharajapuram. Widely acknowledged by the public as a top legal service consultant in Coimbatore, TamilNadu, Smartcorp streamlines the Udyam registration process, requiring only the Aadhaar card for registration. This aligns with the notification from the MSME Industry.

The Udyam Registration, fully integrated with IT and GST systems, aims to provide comprehensive support schemes for micro-businesses. It's a crucial step for small entities to foster business growth and ensure MSME Registration protection. The government's initiative through this portal simplifies processes and propels businesses to new heights. Integrating Udyam with e-commerce marketplace (GeM) and offering invoice financing trade Receivables Discounting System (TReDS) further amplifies its benefits.

The recent MSME classification encompasses both manufacturing and services, incorporating criteria related to turnover and investment. Upon completion, an E-Certificate will be issued. Udyam Registration in Coimbatore unlocks access to various subsidies under central government schemes, supporting burgeoning businesses. Smartcorp, with its legal experts boasting 9+ years of experience, champions new entrepreneurs and facilitates a seamless online Udyam registration process for them.

Documents required for Udyam registration

  • The Aadhaar number is a must for online Udyam Registration in Coimbatore.
  • For proprietorship firms, the Aadhaar number of the Proprietor is necessary.
  • In partnerships, the Aadhaar of the Managing Partner is required.
  • For Hindu Undivided Families (HUF), the Kartha's Aadhaar number is needed.

Benefits of Udyam registration in Coimbatore

  • Udyam registration in Coimbatore facilitates access to loans at the lowest interest rates.
  • Simplified acquisition of licenses, registrations, and approvals is enabled.
  • It offers concessions on electricity bills.
  • There's reimbursement of ISO certification fees available.
  • Registered companies receive subsidies for Patent registration.
  • Subsidies are available for Barcode registration.

Udyam Registration Eligibility Criteria

Manufacturing units and service-based businesses are eligible for SSI registration.
For manufacturing units, SSI registration falls into these categories:

  • Micro Enterprises: Machinery investment up to Rs. 25 Lakhs
  • Small Enterprises: Machinery investment up to Rs. 5 crores
  • Medium Enterprises: Machinery investment up to Rs. 10 crores

SSI registration for service rendering units can be under any of the following levels as below.

  • Micro Enterprises: Equipment investment up to Rs. 10 Lakhs
  • Small Enterprises: Equipment investment up to Rs. 2 crores
  • Medium Enterprises: Equipment investment up to Rs. 5 crores