1) DPIIT recognition (Startup India recognition) is highly recommended if you have formed a Private Limited Company or an LLP that meets the Startup India eligibility criteria. You must check out this DPIIT recognition as it can be a highly beneficial deal for you. This recognition gives you the opportunity to access the applicable benefits and schemes under the Startup India program. However, you will only receive these benefits if you meet the required eligibility criteria.
2) ZED Certification (Zero Defect Zero Effect): If you are a manufacturing MSME (Micro, Small, and Medium Enterprises) eligible under the scheme, the eligible business receives the applicable incentives after getting it.
3) GeM Portal (Government e-Marketplace): If you want to sell your products and services to the government, do not ignore the Government e-Marketplace. This will be an important platform for you for government procurement.
4) IEC (Importer-Exporter Code) and AD Code (Authorized Dealer Code): If you do import-export, you must get an IEC code and an AD code, otherwise you will face problems with your shipment. If you want smooth shipments, your AD/IEC code must be registered.
5) Udyam Registration: If you want to get all the benefits of MSME schemes, then Udyam Registration is absolutely essential.
6) GST Registration: Getting a GST number opens up your business to everyone. It allows you to work with large corporates and big firms. GST registration builds trust with the other party, proving that your company is a legal entity and you are open for government business tenders or business loans.