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MSME Registration In India

5,000+ MSME Registration since 2011

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What is MSME Registration

The Indian government offers MSME registration to Micro, Small, and Medium Enterprises (MSMEs) in order to assist them in receiving benefits that will help establish and grow their businesses. Obtaining the MSME registration is not obligatory; however, it can be advantageous as it provides a range of benefits related to setting up the business, taxation, credit facilities, loans, and more. The MSME registration process is entirely online and can be completed via the Udyam registration portal.

Benefits of MSME Registration

Permanent Identification :It provides a unique and permanent identification number for your enterprise.

Paperless Process : Registration is fully digitalised and paperless, simplifying the application process.

No Renewal Required : Unlike previous systems, Udyam Registration does not need periodic renewal.

Multiple Activities : It allows the inclusion of multiple business activities within a single registration.

Government Schemes : This enables access to various government schemes and initiatives for MSMEs.

Credit Guarantee : Qualifies for the Credit Guarantee Scheme to enhance credit availability.

Priority Sector Lending : This makes your enterprise eligible for priority sector lending from banks.

Public Procurement Benefits : Provides advantages in government procurement policies.

Ease of Doing Business : Contributes to ease of doing business by streamlining regulatory processes.

Web Accessible Certificate : Issued online with a dynamic QR Code for easy verification.

Integration with Tax Systems : Seamlessly integrated with Income Tax and GSTIN systems.

GeM & TReDS Access : Facilitates registration on GeM for government procurement and onboarding on the TReDS Platform for trading invoices.

Protection against Delayed Payments: Offers protection against delayed payments through the MSME SAMADHAAN portal.

Enhanced Credibility : Enhances credibility and recognition for your enterprise in the market.

Support for MSMEs: Strengthens the MSME sector and its role in the economy.

Here are the benefits of different types of businesses, including proprietorship, partnership, and public limited companies, along with others:

 
BenefitsProprietorshipPartnershipPublic LimitedOthers
Access to CreditYesYesYesYes
Collateral-free LoansYesYesYesYes
Financial Support SchemesYesYesYesYes
Priority for Government TendersYesYesYesYes
Subsidies for Technology UpgradationYesYesYesYes
Lower Interest Rates on LoansYesYesYesYes
Protection Against Delayed PaymentsYesYesYesYes
Eligibility for Government IncentivesYesYesYesYes
Benefits under Government SchemesYesYesYesYes
Reduced Registration FeesYesYesYesYes
Market Promotion and AssistanceYesYesYesYes

How to Apply for MSME Registration on Udyam Registration Portal?

For New Entrepreneurs and those with EM-II Registration:
  • Step 1: Visit the Udyam Registration Portal and click on the button ‘For New Entrepreneurs who are not Registered yet as MSME or those with EM-II.’
  • Step 2: Enter the Aadhaar number and the entrepreneur’s name, then click ‘Validate and Generate OTP.’ After receiving the OTP, proceed to the PAN Verification page.
  • Step 3: Enter the ‘Type of Organisation’ and PAN Number, then click ‘Validate PAN’ to verify PAN details from government databases.
  • Step 4: Complete the Udyam Registration form by providing personal details and enterprise information.
  • Step 5: Enter investment and turnover details, select the declaration, and click ‘Submit and Get Final OTP.’ After entering the OTP and submitting the form, the Udyam Registration Certificate will be sent via email. You can also check the MSME registration status on the Udyam Registration Portal.
Registration For Entrepreneurs Already Having UAM
  • Step 1: On the Udyam Registration Portal’s homepage, click either ‘For those having registration as UAM’ or ‘For those already having registration as UAM through Assisted filing.’
  • Step 2: Enter the Udyog Aadhaar Number (UAM) and choose an OTP option (mobile or email).
  • Step 3: Click ‘Validate and Generate OTP,’ then enter the received OTP.
  • Step 4: Fill in registration details on the MSME registration form and submit to complete the Udyam registration process.

 

Documents Required for MSME Registration

  • Address of the business
  • Basic business activity
  • NIC 2 digit code
  • Investment details (Plant/equipment details)
  • Turnover details (as per new MSME definition)
  • Aadhar number
  • PAN number
  • Bank account number
  • Partnership deed
  • Sales and purchase bill copies
  • Copies of licenses and bills of purchased machinery

What is MSME Classification?

 
ClassificationMicro EnterprisesSmall EnterprisesMedium Enterprises
Investment in Plant and Machinery or Equipment₹1 crore₹10 crore₹50 crore
Annual Turnover₹5 crore₹50 crore₹250 crore

MSME Registration Process

  • Access the Udyam Registration Portal: Visit the official Udyam Registration portal
  • Self-Declaration: Provide necessary details about the enterprise, including business name, type, address, and ownership details. This step involves self-declaration of information.
  • Aadhaar Verification: Verify your Aadhaar number through OTP authentication. Aadhaar is the primary identification for registration.
  • PAN & GSTIN: If applicable, provide your PAN (Permanent Account Number) and GSTIN (Goods and Services Tax Identification Number) details.
  • Classification & Turnover: Based on the investment in plant and machinery/equipment and turnover, your enterprise will be classified as Micro, Small, or Medium.
  • Dynamic QR Code Certificate: Upon successful registration, an e-certificate with a dynamic QR code will be issued. This certificate can be accessed online and contains enterprise details.
  • No Renewal Required: Udyam Registration is permanent, and there’s no need for renewal.
  • Integration with Tax Systems: The online system is integrated with Income Tax and GSTIN systems, automatically fetching investment and turnover details from Government databases.
  • Additional Activities: You can specify multiple business activities (manufacturing, services, etc.) under a single Udyam Registration.
  • Re-registration for Existing Registrants: If you have an existing EM-II, UAM, or other MSME registration, you may need to re-register under the new Udyam system.
  • Support & Assistance: Champions Control Rooms and DICs (District Industries Centers) provide support and guidance throughout the registration process.
  • Cost-Free Process: Udyam Registration is completely free of cost. There are no fees or charges involved.

Timeline

Timeline

 
MSME registration timeline

Frequently Asked Questions (FAQs)

MSME stands for Micro, Small and Medium Enterprise, In India MSME’s can be considered as the backbone of the nation. So to support and develop the small scale industries, the Government of India had asked MSMEs to do MSME registration, The Government of India helps MSMEs through various subsidies, schemes, and incentives to promote them through the MSMED Act. To avail the benefits under the MSMED Act from the Central or State Government and the Banking Sector, MSME Registration is mandatory.

Below mentioned people have to register for MSME
Individuals registered under the Pre-MSME law (i.e., Excise, VAT, Service Tax, etc.)
Businesses with turnover above the threshold limit of Rs. 40 Lakhs for the supplier of goods and 20 lakhs for the supplier of services.
Casual taxable person / Non-Resident taxable person
Agents of a supplier & Input service distributor
Those paying tax under the reverse charge mechanism
A person who supplies via e-commerce aggregator
Every e-commerce aggregator

The Ministry of MSME (Micro, Small & Medium Enterprises) is a branch of the Government of India responsible for the formulation and administration of rules, regulations, and laws relating to micro, small, and medium enterprises. Its primary goal is to promote and develop these enterprises to boost economic growth.

Udyog Aadhar, now mostly referred to as Udyam Registration, is a unique 12-digit government identification number for Indian MSMEs. This registration allows businesses to access benefits from various government schemes tailored for small enterprises.

You can avail of MSME registration within 1 working days through Khata Dekho
 
Earlier, MSME classification was based on both investment in plant and machinery and annual turnover. However, recent updates have shifted the criteria predominantly towards annual turnover, making the process more transparent and objective.
 

Yes, a Statement of Accounts and Solvency form must be done by LLPs annually and sent to the Registrar.

Udyog Aadhaar registration offers a plethora of benefits, including eligibility for government scheme benefits, credit guarantees, subsidies, and easier access to loans, among other advantages.
 

The Udyam registration process is simplified and requires a self-declaration with no need for document uploads. However, PAN (Permanent Account Number) and GSTIN (Goods and Services Tax Identification Number) may be needed for online verification.

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