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Traecit is a registered global advisory services and business consulting firm offering a range of services for domestic and global businesses of all sizes.
Stay Connected!
The Ministry of Micro, Small and Medium Enterprises (MSMEs)under Government of India has come up with Udyam Registration (earlier called as Udyog Aadhaar) as a simplified registration and recognition certificate for the Entrepreneurs and MSMEs to achieve their dream potential.There are several business benefits for the registered MSME members under Udyam Registration.
Udyog Aadhaar is renamed now as Udyam.
Easier for entrepreneurs and individuals to register as MSME Scheme (Udayam Registration).
All existing enterprises registered under EM-Part II or UAM (Udyog Aadhaar) shall register again on Udyam Registration portal.
Any person who intends to establish a micro, small or medium enterprise may file Udyam Registration online in the Udyam Registration portal, based on self-declaration.
On registration, an enterprise (referred to as “Udyam” in the Udyam Registration portal) will be assigned a permanent identity number to be known as “‘Udyam Registration Number”.
An e-certificate, namely, “Udyam Registration Certificate” shall be issued on completion of the registration process.
MSME SAMADHAAN – 3560+ cases involving Rs. 649.05 Crores disposed, Protection against delay in payments The buyer is liable to pay compound interest with the monthly rests to the supplier on the amount at the three times of the bank rate notified by RBI in case he does not make payment to the supplier for his supplies of goods or services within 45 days of the acceptance of the goods/service rendered.
Trade Receivable e-Discounting System (TReDS)is an institutional mechanism set up in order to facilitate the trade receivable financing of MSMEs from corporate buyers through multiple financiers. Invoice discounting on TReDS involves three participants MSME Supplier, Corporate Buyer and Financier. The invoice is uploaded by either buyer or supplier depending on the method of discounting and is approved by the other party. Once the invoice is approved the financiers on the platform start to bid on the invoice. The supplier accepts the bid and the discounted amount is credited in its account in T+1 day, where T is the day of acceptance.
Equity Infusion for MSMEs • Rs. 50,000 crores equity infusion for MSMEs through Fund of Funds • Will provide equity funding for MSMEs with growth potential and viability • Funds of fund will be operated through a Mother Fund and few daughter funds • Will help to expand MSME size &capacity, encourage MSMEs to get listed on main board of Stock Exchanges.
A hefty 50% subsidy is given to the Enterprise that has the certificate of registration granted by MSME.
Go Global - MSME Global Mart! And you also have Government e Marketplace - GeM Online marketplace for MSMEs is intended to help all market participants, including end-consumer.
Get your Udyam (MSME) Registration the Same Day with our 100% online process.
We have helped many MSMEs to get benefits from multiple Government & Start-up schemes.
Get your Udyam (MSME) Registration the Same Day. Our clients are 100% satisfied with our 100% online process.
From banking and insurance to wealth the management and securitie on there
Our payment gateway is 100% secured and compliant. You will get your acknowledgement immediately when you pay.
There are many more credit facilities, subsidies and schemes for a registered MSME!
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