MSME / UDYAM REGISTRATION


The Ministry of Micro, Small and Medium Enterprises, broadly known as MSME, is the premier Government body that deals with the formulations and management of rules, guidelines, and laws pertaining to small scale industries in India. The MSME came to effect on October 02, 2006. It aims to incentivize, facilitate, and boost the competitiveness of MSMEs working pan India.


MSME, i.e. Micro, Small and Medium Enterprises, is considered as the backbone of the Indian Economy. The MSME sector encompasses a massive number of small scale industries under its belt, making it one of the prominent GDP contributors of India. MSME is a government-backed initiative that seeks to boost the growth of small scale industries operating in the organized and unorganized sectors.

What is MSME / Udyam?


Udyam Registration is the Government of India's simplified registration process for Micro, Small, and Medium Enterprises. This online certification, based on investment in plant/machinery and annual turnover, replaces the older Udyog Aadhaar system.

Benefits of MSME Registration:


  • Collateral-free loans from banks/NBFCs
  • Subsidies on ISO certification, patent, and barcode
  • Exemptions from audit in certain cases
  • Faster approvals for government licenses
  • Lower interest rates under priority sector lending
  • Easier access to government tenders and e-marketplace

Who Should Register?


  • Proprietors, partnerships, LLPs, Pvt Ltd, OPCs involved in manufacturing or service businesses
  • Even businesses with zero turnover can register proactively

How We Help


  • Choosing correct enterprise category (Micro / Small / Medium)
  • Online Udyam registration with Aadhaar and PAN
  • Support with updates, corrections, and printing the certificate
  • Ongoing advisory on applying for government benefits
FAQs

Frequently Asks Questions

Yes, Udyam Registration has been introduced by GOI as a replacement of the erstwhile registration system, i.e. MSME registration. Applicants seeking Udyam Registration can file an e-form on the concerned web portal.
Yes, the Aadhar card is one of the fundamental documents for availing of Udyam Registration in India.
Yes, MSME registration is available to existing and new businesses. However, to become eligible for registration, they need to meet the threshold limits for registration. UAM registration
Yes, an existing and new business can apply for MSME/Udyam Registration, provided the existing unit is functioning and meets the threshold limits for registration. UAM Registration has to be re-registered for Udyam registration to avail of the benefits of MSME.

Udyam Registration Certificate remains valid for a lifetime; hence, there is no requirement of renewing the same.

No. MSME only encompasses manufacturing and service enterprises. Trading firms do not have permission to access the MSME scheme. MSME is all about boosting start-ups with subsidies and benefits; such companies serve as a mediator between manufacturer and customer. Thus, they fall outside the scope of MSME registration..

No. The MSME certificate is granted for a single entity regardless of allied branches or plants. But, information pertaining to multiple plants or branches must be furnished.

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