MSME/Udyam Registration Online

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INTRODUCTION

What is MSME/Udyam Registration?

MSME/Udyam registration is an initiative by the Government of India to give legal and operational identity to micro, small, and medium businesses in India. Udyam registration was previously known as MSME registration or Udyog Aadhar registration and is governed by the MSME (Micro, Small, and Medium Enterprise) Development Act, 2006. In 2020, the registration process was changed from Udyog Aadhar registration to Udyam registration in order to simplify the registration process and help businesses accelerate growth. The entire process is online and based on self-declaration. All registered businesses can take the benefits granted under the MSME scheme. This includes many financial benefits such as easy loan facilities, hassle-free registrations, additional edge in Government Tenders, protection against delayed payments, etc.

Eligibility Criteria for MSME/Udyam Registration

The business entities that fall under the following three categories can apply for MSME Registration /Udyam registration online.

Micro Enterprises: Businesses whose investment in plant and machinery is not more than ₹1 crore and the annual turnover is not more than ₹5 crores.

Small Enterprises: Entities whose investment in plant and machinery is not more than ₹10 crores and the annual turnover is not more than ₹50 crores.

Medium Enterprises: Businesses whose investment in plant and machinery is not more than ₹50 crores and the annual turnover is not more than ₹250 crores.

BENEFITS

Why should you obtain Udyam/MSME Registration for your business?

Easy Loan Facility

In the past small and medium-sized businesses have faced various hurdles while trying to get loans from banks. However, udyam registered businesses can get easy and collateral-free loans from banks and financial institutions. Additionally, loans are offered at a subsidized rate of interest to MSME registered businesses.

Hassle-free Registrations

Businesses with Udyam/MSME registration are granted hassle-free registrations/licenses with government tender work and financial agencies. Additionally, they are also eligible for subsidized rates for other government registrations. For example, ISO certification is granted free of cost to all Udyam registered businesses. They are also eligible for a subsidized rate for barcode registration, etc.

Rebate on TM and Patent application

Government fees on Trademark applications for entities such as Companies, Partnership firms, and LLPs are higher compared to individual and proprietorship firms. These entities may claim a 50% rebate on the Government fees by submitting an MSME registration certificate. Similarly, a rebate is prescribed in Patent registration also.

Concession rate on various utility bills

Businesses are granted concessions on utility bills such as electricity bills, water bills, gas bills, etc. This is particularly helpful for businesses involved in manufacturing. In certain situations, registered businesses are also eligible for rebates on their electricity bill.

Documents Checklist

Documents required for Udyam Registration online

Aadhar Card

A Copy of the proprietor’s Aadhar card or of director(s) or partner(s) in other cases for Udyam Aadhar Registration.

PAN Card

A Copy of PAN card of the business entity; or of individual in case of proprietorship firm.

GSTIN of business

GST Number Certificate issued by the GST Department to a business if applicable.

Bank Account Details

The passbook or Cancelled cheque of the bank account is must.

Proof of Type of Business

Certificate of Incorporation or Registration Certificate mentioning the type of business.

Major Business Activities Proof

Sales Invoices or proforma invoices to know the major activities done by the business.

Process

Obtain registration in 3 Easy Steps

1. Answer Quick Questions

Spare less than 10 minutes to fill in our Questionnaires
Provide basic details & documents required for registration
Make payment through secured payment gateways

2. Experts are Here to Help!

Application Preparation and Verification
Submitting the Application to Ministry of MSME
Udyam registration certificate

3. Your registration is completed

All it takes is 2 working days*

*Subject to Government processing time

Timeline

Timeline for Udyam Registration online

Day 1 - Collection

Discussion and consultation for the requirement
Collecting the required documents

Day 2 - Preparation and submission

Preparation and verification of Application
Registering the application with Ministry of MSME
Certificate of Udyam registration

Compare other Related Registration

Choose the right registration based on different parameters

Parameters	GST Registration	Importer Exporter Code	Professional Tax Registration	Start-Up India Registration	MSME Registration
Applicable To	Businesses exceeding a prescribed threshold for turnover	All importers and exporters	Applicability defers based on State Act	To all Private Companies, LLPs and Registered Partnership Firm	All Micro, Small and Medium Enterprises
Registration Criteria	Mandatory	Mandatory	Mandatory	Voluntary	Voluntary
	If turnover exceeds ₹ 20 Lakh or entity fall under specified category, registration is mandatory	Any business entity undertaking import/export for business purpose from India	A person earning income from salary or by practicing any profession has to pay the professional tax	All the companies/startups can apply for Startup India Registration after setting up business to avail the benefits under the DPIIT Scheme of central government.	It is not mandatory to register under MSME. Any business entity if wishes, can get registered under MSME
Regulatory body	State and Central Government	Central Government	State Government	Central Government	Central Government
	The tax is segregated into two parts – CGST (central) and SGST (state)	The code is granted by Directorate General of foreign Trade, Central Government	The tax is based on income slab-rates decided by state Government	Department of Industrial Policy and Promotion of central government grants registration under startup India scheme	MSMEs comes under centrally based Ministry of Micro, Small and Medium Enterprises
Return Filings	Yes	No	Yes	No	No
	Annually, monthly or quarterly based on GSTR type	No return are prescribed to file after registration	Monthly or yearly -based on professional tax liability	No returns are to be filed after this registration	No returns are to be filed after this registration
	Know More	Know More	Know More	Know More	Get Strted

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FAQs

Have Questions about Udyam Registration? Find Answers Here

2023-01-30T12:03:20+05:30

Who can apply for Udyam registration?

Any sole-proprietor, partnership firm, HUF, company, limited liability partnership firm, trust or society whose plant and machinery investment is below INR 50 crores and has a turnover of less than INR 250 crores are eligible for Udyam registration.

2023-01-30T12:03:31+05:30

What is a Udyam registration certificate?

Udyam registration certificate is a certificate provided to all Udyam registered entities. It is provided as a downloadable pdf/soft copy by the Government on the registered email id of the applicant or entity. The certificate is available on Udyog Aadhar portal. And can be downloaded using the applicant’s Aadhar number.

2023-01-30T12:03:41+05:30

Do you have to apply for renewal for Udyam Registration?

No, you do not have to renew your Udyam registration. It’s a permanent registration, it stays valid for as long as the registered business exists.

2023-01-30T12:03:49+05:30

Which activities are excluded from Udyam registration?

With a notification issued dated 27.06.2017, the ministry has excluded activities of wholesale or retail trading; Fishing and aquaculture; Forestry and logging; and more. Business entities engaged solely in activities falling under such categories cannot make an application for registration. Pursuant to an update in 2021, retail and wholesale traders other than those dealing with motor vehicles and motorcycles are now eligible for Udyam registration.

2023-01-30T12:03:58+05:30

Does Udyam aadhar registration have any government fees?

There are zero government fees charged for Udyam Aadhar Registration online. However, you can go for assisted filing services for MSME registration and professional fees will be applicable.

2023-01-30T12:00:55+05:30

Is an Aadhaar card mandatory for the Udyam/Udyog Aadhar registration?

Yes, the Aadhar card of the applicant is mandatory for Udyam/Udyog Aadhar registration. In case, the applicant is a proprietorship firm, the proprietor’s Aadhaar is required. If it’s a HUF Karta’s Aadhaar is needed. In the case of a partnership firm the Aadhaar of the managing partner has to be provided and in the case of an LLP or Company, the Aadhar of an authorized signatory must be provided.

2023-01-30T12:01:08+05:30

Is GST number mandatory for MSME Registration?

No, GST Number is not mandatory for MSME Registration. However, it is mandatory to mention the GST number if obtained earlier.

2023-01-30T12:01:16+05:30

Is Udyam registration mandatory for all entities?

This is a voluntary registration and not mandatory. Nevertheless, udyam registration is highly recommended due to the benefits available to registered businesses.

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