Benefits of Udyog Aadhaar Certificate

  • Eligibile for Industrial Promotion Subsidy : Businesses registered under MSME Act can claim for Industrial Promotion Subsidy.
  • Protection against delay in payment : In case, due to any reason, if payment is delayed from the buyer’s side, MSME can seek help under MSME Samadhan.
  • Recognition by the customer : It becomes easy for Customers to recognize an enterprise if it is registered for Udyog Aadhaar.
  • Hassle free process to get approvals, licenses and registration : The enterprises can easily get the approvals, licenses and registration once they acquire MSME certificate.
  • Easy opening of current account : MSME Registration allows you to open current account easily, as it is recognised by Government of India.
  • Exemption of 1% in interest rate on overdraft : Udyog Aadhar certificate allows exemption for interest rate of 1% on the overdraft charges.
  • Recognized by Government of India : Udyog Aadhar certificate is issued by Govt. of India making it easy for the business to use.
  • Exemption in electricity bills : Entrepreneurs can claim exemption in electricity duty while paying for electricity bills if they acquire MSME registration.
  • Easily sanctioned Bank Loans : It becomes easy to get bank loans when the business is registered under the MSME Act.
  • Exemption under Direct Tax Laws : Government has introduced various Income Tax Saving clauses in Income Tax Act for the businesses registered Under MSME Act
  • 50% Exemption in fees for Trademark Registration : In case of company trademark registration, the Govt. fees is Rs. 9000/-. But, if the entrepreneur has registered under Udyog Aadhaar he can get the Patents/ Trademarks registered just for Rs.4500/-.