MSME Registration Online

Don't miss out on the benefits—begin the process of MSME registration online today!

• Consultation on MSME Registration Process
• Verification and Submission of Application
• Temporary Reference Number after submission
• MSME / Udyam Registration Certificate and Registration Number

Get MSME Registration Online in India

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, significantly contributing to employment and economic growth. The Indian government has developed the MSME Registration process to give small enterprises several benefits, including easier access to loans, subsidies, and other incentives. It is critical to emphasize the importance of keeping your registration under MSME information up to date. To maintain the validity of your registration, any changes in business activity, investment, or turnover should be quickly notified on the Udyam Registration portal. We will walk you through the process of applying for the MSME Registration online in India in this page.

Registering your company as an MSME in India is a vital step towards gaining access to the government’s various perks and prospects. The online registration process via the Udyam Registration portal is user-friendly and fast, making it easier for entrepreneurs and business owners to take advantage of these benefits. By acquiring the registration online, you not only open the door to financial assistance and incentives, but you also help to build your firm and the Indian economy. Don’t miss out on the benefits—begin the process of MSME registration online today!

MSME Classification

Types of Business	MICRO in Udyog Aadhar	SMALL in Udyog Aadhar	MEDIUM Udyog Aadhar
Manufacturing Business	Rs 2,500,000	Less than Rs 50,000,000	Less than Rs 100,000,000
Service Business	Less than Rs 10,00,000	Less than Rs 20,000,000	Less than Rs 50,000,000

Benefits of MSME Registration Online

Before beginning the registration procedure, it is critical to understand why MSME registration online is advantageous:

Credit:

MSMEs with a valid registration can obtain lower-interest loans from a variety of financial institutions.

Government Schemes:

Registered MSMEs can take advantage of government schemes and subsidies that help lower operational expenses and encourage growth.

Priority financing:

Banks are required to lend a specific amount of their overall credit to MSMEs, and registration makes such priority financing more accessible.

Technology Upgrade Subsidies:

MSMEs can receive subsidies to upgrade their technology and improve their competitiveness.

Market Preference:

Many government tenders and procurement opportunities are frequently designated for MSMEs, providing them with a competitive advantage.

Ease of Obtaining Licences:

MSME registration Online makes it easier to obtain licenses and permits.

What is Udyam Registration?

The Union MSME Ministry established Udyam in 2020 as an online system for registering micro, small, and medium businesses. A free Udyam registration for their business can be obtained through a fully digital and paperless process based on self-declaration. Udyam registration is required to benefit from the Ministry of Micro, Small, and Medium Enterprises’ schemes or programs such as the Credit Guarantee Scheme, public procurement policy, an advantage in government tenders, and protection against late payments, among others.

What is the difference between MSME and Udyam Registration?

For MSMEs to register on the government portal, the Indian government established the Udyam registration process as a simpler alternative to Udyog Aadhaar. The new approach allows new businesses to register quickly and easily, saving them time. Previously, registration needed a plethora of categories and documents, as well as considerable paperwork. The Udyam registration process, on the other hand, is simple, and anyone may register instantly through a single window without the need for extensive documentation.

Udyog Aadhar and Udyam Registration (UR), commonly known as Udyam registration online, are two programs created by the Indian government to encourage and promote the growth of MSMEs in India. Both programs attempt to achieve the same goal, but there are important variations that businesses should be aware of. The procedure for obtaining the unique identification number differs significantly between Udyog Aadhar and Udyam. In contrast to Udyam Registration, which simply involves self-declaration by the business, Udyog Aadhar requires businesses to disclose an enormous amount of information to the government. Another distinction between Udyog Aadhar and Udyam is that Udyam has a one-page format. In other words, there is only one stage in the Udyam registration process.

Which Entities are eligible for MSME Online?

The following entities are eligible for MSME Registration Online:

• Individuals, startups, business owners, and entrepreneurs<
• Private and public limited companies
• Sole proprietorship
• Partnership firm
• Limited Liability Partnerships (LLPs)
• Self Help Groups (SHGs)
• Co-operative societies
• Trusts
• Form 51F: This form is used by a nominee to claim the benefits of the EDLI.

Supporting Documents Required for MSME Registration Online

During the application process, you may need to upload supporting documents such as your Aadhaar card, PAN card, and proof of company address. The Udyam Registration process boasts no MSME registration fees and eliminates the need for document proofs. The Udyam Registration Portal seamlessly retrieves PAN and GST-linked details from Government databases, thanks to its integration with the Income Tax and GSTIN systems. Notably, GST registration is optional for enterprises not requiring it; however, those mandated to obtain GST registration under the GST law must input their GSTIN for MSME or Udyam Registration.

Process for MSME Registration Online

Due to online platforms, applying for MSME registration online in India has become a simple process. Here’s a step-by-step procedure:

Proceed to the Udyam Registration Portal:

The ‘Udyam Registration portal (https://udyamregistration.gov.in) is the official gateway for MSME registration Online.

Input Aadhaar Number:

To begin, input your 12-digit Aadhaar number. Check that your Aadhaar information is up to date.

Business details:

Enter your company’s details, such as name, kind, and location.

Investment and Turnover:

Enter information about your company’s investment in plant and machinery or equipment (if manufacturing) or turnover (if providing services).

Verification:

Once all information has been provided, double-check it for accuracy.

Generation of Udyam Registration Number:

After verification, the portal will generate a Udyam Registration Number, which will be used to register your MSME.

MSME Certificate:

You can print your MSME certificate, which serves as proof of registration. When working with banks or government institutions, this certificate comes in handy.

No Fee for Registration

It is vital to understand that there is no fee to register your company as an MSME. Be cautious of services that claim to facilitate registration for a cost

FAQs