The Udyam certificate helps micro, small, and medium enterprises (MSMEs) access government schemes, lower taxes, and other benefits. Benefits Access to government schemes: MSMEs can take advantage of schemes like the Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme, and Public Procurement Policy. Lower taxes: MSMEs may be eligible for lower tax rates on their income. Protection from late payments: MSMEs are protected from late payments or supplied services. Subsidies: MSMEs may be eligible for subsidies on bills like electricity, NSIC performance fees, and credit rating. Licensing and approvals: MSMEs may find it easier to get licenses, approvals, and registrations. International trade: MSMEs may receive special considerations for international trade.
A Startup India certification helps startups get access to benefits like tax exemptions, funding, and intellectual property protection. It also helps startups comply with government regulations and participate in government tenders. Benefits of Startup India certification Tax exemptions: Startups can get a three-year tax exemption. Funding: Startups can get access to funding opportunities. Intellectual property: Startups can get help with patent and trademark applications. Compliance: Startups can get help with complying with government regulations. Government tenders: Startups can bid on government tenders. Networking: Startups can meet other entrepreneurs and get mentorship opportunities. Incubator support: Startups can get help from government-approved incubators.
