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MSME / Udyam Registration

What is MSME / Udyam registration ?

MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME / Udyam industries are the backbone of the economy. MSME / Udyam registration is a mandatory task for any business to start and operate in India. The registration is free of cost and is categorized under two main categories, such as manufacturing enterprises and service enterprises. Government grants various benefits to MSME.

Important MSME / Udyam Revised Guidelines and Threshold limit

Classification Investment Limit Turnover Limit
Micro Less than INR 1 Crore Less than INR 5 Crore
Small INR 1 to 10 Crore INR 1 to 25 Crore
Medium INR 10 to 50 Crore INR 25 to 250 Crore

Documents required for MSME / Udyam Registration

 Address proof of the Business

 Copy of Industrial License(if any)

 Bills of assets(if any)

 ITR(if any)

 Aadhar card

 Pan Card

 Bank Details

 Partnership Deep (If Unregistered firm)/Registration Certificate(If Registered)

Additional Documents Required in case of Company

 Memorandum of Association

 Article of Association

 COI

 BR and SR

 PAN an d TAN of company

Benefits of MSME / Udyam registration

 Bank Loans without collateral

 Subsidy on Patent Registration

 Overdraft Interest Rate Exemption

 Industrial Promotion Subsidy Eligibility

 Protection against Delayed Payments

 Electricity Bills concession

 ISO Certification Charges Reimbursement

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Steps for MSME / Udyam Registration:

Preliminary Requirements

 Select a suitable package

 Provide basic details & documents required for Incorporation.

 Make Payment through Secured Payment Gateway

Registration

 Application for MSME / Udyam Registration

Completion of MSME Registration

 Issuance of MSME certificate / UAM

*MSME certificate / UAM will be issuedd with 2-3 working days subject to the Government processing and approval.

Process of MSME / Udyam Registration:

Day 1:

 Provide basic details & documents required for registration.

Day 2:

 Application for MSME / Udyam registration

Day 3-8:

 Issuance of Certificate / UAM*

*MSME Certificate / UAM will be Issued with 2-3 working days subject to the Government processing and approval.