Overview

Benefits

Eligibility

Documents

Fees

NIC Code

Cancellation

Renewal

Status

FAQ

What is Udyam Registration?

Udyam Registration is a free and paperless process for registering Micro, Small, and Medium Enterprises (MSMEs) in India through the official Udyam portal. It is mandatory for all MSMEs as of 1 July2020.

Upon successful registration, businesses receive a permanent identification number, called the Udyam Registration Number (UAM). The Udyam Registration Certificate is sent directly to the registered email ID.

MSME Udyam Registration Benefits

Udyam Registration offers a wide range of benefits for Micro, Small, and Medium Enterprises (MSMEs), helping them access government schemes, financial assistance, and more. Here are 10 key benefits of Udyam registration:

Access to Government Schemes

Udyam registration is essential to access government schemes under the Ministry of MSME, such as the Credit Linked Capital Subsidy, Credit Guarantee, and Public Procurement Policy. These initiatives provide MSMEs with financial support, incentives, and growth opportunities.

Financial Assistance

Registered MSMEs can avail of various financial benefits, including:

Cheaper Loans: Access loans at a lower interest rate and collateral-free loans under the CGTMSE scheme
Subsidies: MSMEs can benefit from subsidies on electricity bills and may qualify for the Industrial Promotion Subsidy (IPS)
Tax Benefits: MSMEs can access extended tax benefits and may be eligible for the excise exemption scheme
Discounts: MSMEs can avail of discounts on trademark and patent registration fees.

Seamless Integration

Udyam registration integrates smoothly with other key government systems, such as the income tax portal, GST systems, and the government e-marketplace. This integration streamlines administrative processes, making it easier for MSMEs to manage their financial and tax-related tasks efficiently.

Priority Sector Lending

With Udyam registration, MSMEs are recognised under priority sector lending by banks. This status offers favourable terms for availing credit facilities, making it easier to secure financing for business expansion and investment.

Extended MAT Credit

Udyam-registered MSMEs can carry forward the MAT credit for 15 years, instead of the usual 10 years. This extended benefit can help businesses raise more funds and secure long-term growth by offering them additional tax relief

Free ISO Certification

MSMEs with Udyam registration are eligible for free ISO certification, which can enhance their credibility and competitiveness in the market

Waiver of Security Deposits

Registered MSMEs are exempt from paying large government security deposits, easing financial burdens and improving cash flow

Protection Against Delayed Payments

Udyam-registered MSMEs can seek redressal for delayed payments, ensuring timely payments from buyers

Global Exposure

MSMEs with Udyam registration can participate in international fairs and trade shows, gaining exposure to global markets and expanding their reach

Simplified Licensing

The licensing process is simplified for MSMEs with Udyam Registration, reducing bureaucratic hurdles and making it easier to start and run a business.

Who Can Apply For Udyam Registration?

Udyam Registration is open to all Micro, Small, and Medium Enterprises (MSMEs) engaged in manufacturing, processing, or providing services. It is available for both new and existing businesses, offering them access to various government benefits and support. Here are ten entities that can apply for Udyam registration:

Proprietorships
Hindu Undivided Family (HUF)
Partnership Firms
One-Person Companies (OPCs)
Private Limited Companies
Limited Companies
Producer Companies
Limited Liability Partnerships (LLPs)
Any association of persons
Cooperative societies

The Eligibility Criteria for MSME Registration

One of the main criteria for udyam registration is that businesses must fall under the Micro, Small, or Medium category. This is decided based on their investment in plant and machinery or equipment, and their annual turnover. Here is a detailed outline of the criteria:

Manufacturing	Services
If investment in plant and machinery ≤ ₹1 crore AND turnover ≤ ₹5 crore, it qualifies as Micro	If investment in plant and machinery ≤ ₹1 crore AND turnover ≤ ₹5 crore, it qualifies as Micro.
If investment ≤ ₹10 crore AND turnover ≤ ₹50 crore, it qualifies as Small.	If investment ≤ ₹10 crore AND turnover ≤ ₹50 crore, it qualifies as Small.
If investment ≤ ₹50 crore AND turnover ≤ ₹250 crore, it qualifies as Medium.	If investment ≤ ₹50 crore AND turnover ≤ ₹250 crore, it qualifies as Medium.

Apart from the investment limits there are other criteria for the businesses to meet as outlined below:

The business must be registered and operating in India
The business should not have been formed by splitting up or reconstructing an existing business
Businesses that manufacture or produce goods must have a valid GST Identification Number (GSTIN)
Start-ups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) are also eligible.

Special GST registration provisions for MSME Sector:

Intra-State Supply of Goods: GST registration not required if turnover ≤ ₹40 lakh (₹20 lakh in certain states).
Intra-State Supply of Services: GST registration not required if turnover ≤ ₹20 lakh (₹10 lakh in certain states).
Inter-State Supply of Services: GST registration not required if turnover ≤ ₹20 lakh (₹10 lakh in certain states).

Key Features of UDYAM Registration

MSME registration is free, paperless, and based on self-declaration
The registration process is fully online
Only your Aadhaar number is required for registration
PAN and GST-linked details about investment and turnover are automatically fetched
The system is integrated with Income Tax and GSTIN systems
PAN and GST numbers are mandatory from 1 April 2021
Enterprises with EM-II or UAM registration must re-register
Only one Udyam Registration per enterprise is allowed

Documents Required for Udyam Registration

Udyam Registration is a simple and paperless process, but requires basic documents. Here is a list of Documents For Udyam Registration:

PAN Card of an enterprise
Aadhaar Number- the Aadhaar card number of the person related to the enterprise. In case you are a
1. Proprietorship Firm: Aadhaar card number of the proprietor
2. Partnership Firm: Aadhaar card number of the managing partner
3. Hindu Undivided Family (HUF): Aadhaar card number of the Karta
4. Limited Liability Partnership (LLP), Company, Cooperative Society, or Trust: Aadhaar card number of the authorised signatory
GST Number: The Goods and Services Tax Identification number of the Enterprise

Important Note: All MSME’s are not required to provide their GST number at the time of Udyam registration. Only businesses that are previously registered under the GST Law should provide GSTIN.

When to Apply for Udyam Registration?

While Udyam Registration is not obligatory and remains at the entrepreneur’s discretion, it is highly recommended that you apply for Udyam registration online soon after establishment. Registering early allows entrepreneurs to access a range of benefits provided by the government.

Udyam Registration Process

The Udyam registration process is simple and entirely online, requiring only your Aadhaar number for registration. Once completed, your enterprise details, including PAN and GST information, are automatically covered from government databases. Here is a detailed step -by-step guide for Udyam Registration:

Step 1: Login to Udyam Registration Portal
Step 2: On the homepage click 'For New Entrepreneurs who have not yet registered as MSME or having EM-II'
Step 3: Provide 'Aadhaar Number' & 'Name of Entrepreneur'; then click the 'Validate & Generate OTP' button
Step 4: Enter the OTP in the required fields and click on the 'Validate' button
Step 5: Once the Aadhaar is validated, then proceed to the PAN validation page and enter 'Type of Organisation' PAN number and click on the button of 'Validate'. In the same page, indicate whether you have filed the previous year's ITR and if you have a GSTIN
Step 6: Fill all mandatory details, like the name of entrepreneur, mobile number, name of enterprise, location of the plant/unit, address of enterprise, status of enterprise, bank details, activity of the unit, NIC code, and number of persons employed
Step 7: Enter details like - Plant and Machinery Details and Turnover Details, Select Declaration and Click on Submit to get the Final OTP
Step 8: Enter the Final OTP received and submit the form.

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Udyam Registration For Existing Enterprises

All existing enterprises registered under EM–Part-II or UAM must re-register on the Udyam Registration portal from 1 July 2020
Enterprises registered until 30 June 2020, will be reclassified according to the new notification
Existing registrations before 30 June 2020, remain valid only until 31 December 2021
Enterprises registered with any other MSME organisation must also register under Udyam Registration.

Government Schemes Especially for Udyam Registered Firms

Udyam registration opens up access to several government schemes designed to support and promote MSMEs in India. These initiatives provide financial assistance, skill development, technological upgrades, and market access to enhance the growth and sustainability of Udyam registered businesses. Here are few schemes outlined:

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE): This initiative, under the Government of India and SIDBI, offers collateral-free loans up to ₹5 Crore with an 85% loan guarantee. It has supported over 67 lakh MSMEs, aiding in technology upgradation, market development, and financial inclusion. In 2023, ₹1.46 Lakh Crore worth of guarantees were approved, benefiting MSMEs across multiple sectors.

Prime Minister Employment Generation Programme (PMEGP): PMEGP provides loans and working capital (₹25 Lakh for manufacturing and ₹10 Lakh for service sector MSMEs) to foster entrepreneurship and employment. Since its inception in 2008, the scheme has supported over 9.29 lakh micro-enterprises with a Margin Money subsidy of ₹34,517 Crore, generating employment for around 78.36 lakh individuals.

Raising and Accelerating MSME Performance (RAMP): Launched in 2022 with World Bank assistance, RAMP aims to improve MSME access to global markets and credit. The scheme also focuses on enhancing the effectiveness of existing government initiatives and promoting sustainable and women-led MSMEs. With an allocated budget of ₹6000 Crore for five years, it is expected to benefit over 5.5 lakh MSMEs, strengthening their growth potential and international competitiveness.

What is The Fee for Udyam Registration?

While Udyam registration is free on the official government portal, entrepreneurs may choose to seek professional assistance for a smooth and error-free process. In such cases, service providers may charge a professional fee, which can vary based on the level of support required.

NIC Code for Udyam Registration

The NIC Code, or National Industrial Classification Code, is essential for Udyam registration as it helps categorise the business activities of MSMEs. It also helps to precisely identify the industry through which the business operates and collects data accordingly.

The right NIC Code is important in determining whether an MSME enterprise is eligible for the government's schemes and benefits; if properly selected during Udyam registration, this helps the business to abide by the relevant industry standards so that support comes in appropriately.

Cancellation of Udyam Registration

Cancellation of Udyam Registration allows businesses to officially withdraw their Udyam registration. This process can be done online through the Udyam Registration portal following the steps below:

Visit the Udyam Registration Portal
Click ‘Update Details’ and select ‘Update/Cancel Udyam Registration’
Enter your Udyam Registration Number (URN) and registered mobile number
Choose to receive the OTP via mobile or email
Click ‘Validate & Generate OTP,’ then enter the OTP received
After validation, view your certificate and click ‘Cancel.’

Renewal of Udyam Registration

As of 26 June 2020 notification, all registered MSMEs in India are mandatory to renew their MSME registration. It would require annual updation of the previous year's ITR and GSTR, ensuring proper classification based on the latest financial data and keeping MSME records updated, leading to better policymaking and direct access to schemes of the government.

Udyam Registration Renewal Process

Here is a step-by-step process for the same:

Visit the official MSME or Udyam portal
Once on the main page, select the 'Update Details' option
From the drop down menu choose the 'Update/Cancel Registration' option
Now enter the Udyam Registration Number and the registered mobile number associated with your account
Complete OTP (one-time password) verification process for registered email address and number
Post successful verification your current MSME Certificate will be displayed on the screen
Click the Edit button and update the information
After filling out the ITR details and other information click submit

When you upgrade, you will find that some fields are disabled and some are in edit mode. Focus to update active fields with most up to date information. Don't forget that at the end of every financial year it is compulsory to update the status of the ITR filed for the previous year.

How to Download the Updated MSME Registration Certificate

Click on the ‘Print Certificate’ option at the top of the page
Alternatively, use the ‘Print/Verify’ option from the main menu
Enter your Udyam Registration Number to download the updated MSME Certificate.

How to Check the Status of Udyam Registration?

To check the status of your Udyam Registration, visit the Udyam Registration portal and log in using your Udyam Registration Number (URN) and mobile number. You can view the status directly on the dashboard after logging in:

Step 1: Open the official Udyam Registration portal, access the home page
Step 2: Click on the ‘Track Application Status’ option
Step 3: You will be redirected to a new page. Here, enter the following information details:
1. Application Number (received during registration)
2. Mobile Number (which you used to register during application)
Step 4: Enter the captcha code displayed on the screen
Step 5: Click on the ‘Track Status’ button.

The system will display the current status of your Udyam Registration application. Possible statuses include ‘In Process,’ ‘Approved.’ or ‘Rejected’ along with any additional remarks.

Udyam Registration Certificate

The Udyam Registration Certificate is the one issued to Micro, Small, and Medium Enterprises (MSMEs) of India by the government after their effective registration. This is proof of recognition in the MSME scheme, allowing businesses to gain access to its government. Benefits and subsidies together with other various support programs designed and implemented by the government to contribute to their growth and competitiveness.

What is the Udyam Registration certificate?

Udyam Registration Certificate, or simply e-Udayam - is the electronic copy of the certificate issued to a micro, small, and medium enterprise when it has been finally registered as an Udyam.

How to Download Udyam Registration Certificate?

To download your Udyam Registration Certificate, follow the five steps given below:

Step 1: Access the Udyam Registration portal
Step 2: Select Print/Verify, the Print Udyam Certificate
Step 3: Enter your Udyam Registration Number and mobile number, and choose an OTP option
Step 4: Validate the OTP to log in
Step 5: Download the digital certificate of your records.

How to Check Udyam Registration or MSME Certificate Is Genuine

To verify the authenticity of the Udyam Registration Number, follow these steps:

Step 1: Visit the Udyam Registration portal
Step 2: Choose the ‘Print/Verify’ option, then select ‘Verify Udyam Registration Number’
Step 3: Enter the Udyam Registration or Reference Number along with the captcha code
Step 4: Click ‘Verify’ to confirm the registration’s validity.

The businesses can update their Udyam registration certificate or cancel it by logging into the Udyam portal with their 19-digit Udyam Registration Number and their registered mobile number. They are entitled to update their name, contact details, address, and upload any document that is mandatory using the ‘Update/Cancel Udyam Registration’ option.

How to Make Changes in the Udyam Registration Certificate?

To make changes in your Udyam Registration Certificate, visit the Udyam portal and log in with your registration number. Follow the steps given below to update your Udyam Registration Certificate:

Udyam Registration Number

The Udyam Registration Number, abbreviated as URN, is an identification number assigned specifically to Micro, Small, and Medium Enterprises of India, which can enable the access of many government benefits, schemes, and compliance services by an enterprise.

What is the Udyam Registration Number?

The Udyam Registration Number (URN) is a unique 19-digit identifier assigned to MSMEs upon successful registration on the Udyam portal. It serves as a crucial reference for businesses to access various government benefits and schemes.

For example, if a small textile manufacturer named 'XYZ Textiles' completes its registration, it will receive a URN like UDYAM-XX-00-0123456789, which it can use for compliance, loans, and subsidies tailored for MSMEs.

How to find Udyam Registration Number?

If you have misplaced your Udyam Registration Number, follow the steps:

Step 1: Visit the Udyam Registration portal
Step 2: Choose ‘Print/Verify,’ then select ‘Forgot Udyam /UAM No’
Step 3: Select Udyam registration, choose your OTP method, and enter your contact details
Step 4: Validate the OTP to log in
Step 5: Your Udyam Registration Number will be sent to your registered contact method.

Where is the UAM Number in the Udyam Registration Certificate?

UAM number does not appear on the Udyam Registration Certificate, but you can do this from here to print it out:

Step 1: Proceed to the Udyam Registration portal
Step 2: Click on the ‘Print/Verify’ option and then select ‘Forgot Udyam/UAM No’
Step 3: Select the desired OTP option
Step 4: Fill in your registered mobile no or email ID
Step 5: Click on ‘Validate & Generate OTP’
Step 6: Enter the OTP received on the registered mobile no or email
Step 7: Click on ‘Validate OTP and Login’

Upon successful registration, the mobile number and the registered e-mail address you provided will display an Udyam registration number.

Udyog Aadhar Number

A Udyog Aadhaar number is a 12-digit unique identification number for small and medium-sized enterprises of India. This number is issued by the Ministry of Micro, Small, and Medium Enterprises, MSME, and also addresses as 'Aadhaar for business

How to Find Udyog Aadhar Number?

Step 1: Visit the Udyam Registration Portal
Step 2: Go to the ‘Print/Verify’ menu and select ‘Forgot Udyam/UAM No’
Step 3: Choose the OTP option (via mobile or email).
Step 4: Click ‘Validate & Generate OTP’
Step 5: Enter the OTP received on your mobile or email
Step 6: Click ‘Validate OTP’
Step 7: Your Udyam Registration Number will be displayed

Udyog Aadhar Download Process

Visit the Udyam Registration portal and log in using your Udyam Registration Number (URN). Once logged in, you can easily download the Udyog Aadhar certificate from the dashboard. Here is a detailed process:

Step 1: Visit the official Udyam Registration portal
Step 2: Open the Download Section of Udyog Aadhaar From the homepage, navigate to the section 'Print/Verify,' and then select the option 'Print Udyog Aadhar'
Step 3: Enter Udyog Aadhaar Number and registered Mobile Number
Step 4: The OTP will be sent to the registered mobile number. Complete the OTP verification
Step 5: Get the Certificate when checked, your downloaded Udyog Aadhar certificate would be available in PDF format.

Get Udyam Registered with Vakilsearch

Eligibility

Vakilsearch ensures you meet all the necessary criteria for Udyam registration, whether you're a small or medium-sized enterprise. We help confirm your eligibility to get recognized as an MSME by the government.

Ease of Access

Our online process is designed to be simple and user-friendly, allowing you to complete your Udyam registration from the comfort of your home. We minimize the paperwork and streamline the entire procedure.

Assistance

With expert guidance from our dedicated team, you receive complete support throughout the registration process, from document preparation to filing and compliance

Transparency

We provide clear, transparent communication at every step, ensuring you’re fully informed about your registration status and the requirements to stay compliant.

Case Study: Surge in UDYAM-Registered Micro Businesses and MSME Growth in India (FY22 vs FY20)

<b>Background:</b. UDYAM registration, launched in 2020, aimed to formalise the MSME sector, making it eligible for benefits under government schemes and access to formal credit. A report by U GRO Capital and Dun & Bradstreet provides a detailed analysis of the rise in micro businesses registered under UDYAM, along with insights into the broader trends affecting MSMEs in India.

Key Findings:

Micro Business Growth: UDYAM-registered micro businesses saw a 2.2x increase in registrations from FY20 to FY22, with Himachal Pradesh witnessing the highest growth rate. The surge was also notable in other states like Madhya Pradesh, Bihar, Uttarakhand, and Haryana.
Small and Medium Enterprises: While micro-enterprises saw a significant rise, small and medium-sized businesses showed a contrasting trend. The number of small business registrations grew notably in Bihar, while Jharkhand saw an increase in medium-sized business registrations.
Trends in Financing: The survey revealed a shift in lending trends. There was a noticeable drop in gold loans and a higher proportion of term loans among the 10,000 micro businesses surveyed. This suggests that these businesses are gradually integrating into mainstream lending channels, moving beyond informal credit sources.
Payment Delays and Business Optimism: Micro businesses faced increased payment delays compared to medium-sized businesses, signaling cash flow challenges. In contrast, small businesses exhibited optimism, particularly in Q3 2023, regarding demand, profitability, and capital investments, despite challenges like rising lending rates.
Employment Generation: Since its inception, the UDYAM platform has facilitated the creation of 1.6 times more employment opportunities in FY23 compared to FY20. States like Maharashtra, Tamil Nadu, and Uttar Pradesh remain the largest contributors to MSME registrations and employment generation. However, states like Karnataka, Madhya Pradesh, Telangana, and Andhra Pradesh have disproportionately contributed to employment, highlighting regional differences in MSME activity.

Comparative Analysis of MSME Registration Globally

This Section presents an inter-comparative analysis of the MSME sector in the Indo-Pacific-based QUAD nations: India, Australia, Japan, and the USA.

Total Number of MSMEs

India has the largest number of MSMEs, with 63.4 million units. However, India's share of MSMEs as a percentage of total businesses is lower compared to other QUAD nations. This suggests that India has a higher proportion of larger enterprises.

Contribution to Employment

India has the largest number of MSME employees, with 40% of total employment coming from MSMEs.
The USA comes second with 46.4% of the total workforce employed in small businesses.

Contribution to GDP

Australia and Japan have the highest share of MSMEs in GDP, contributing 54% and 53%, respectively.
India's share in GDP is 35.5%, which is relatively lower compared to these countries.

Contribution to Exports

Australia leads with the highest export contribution from MSMEs, with 59% of total exports being attributed to small businesses
India follows with 45.03%, while Japan has the lowest share of MSME exports at 21.4%.

Summary of Comparative Findings

India: Largest number of MSMEs but lower share in total businesses compared to other QUAD members. MSMEs are the largest employers, but India's share in GDP (35.5%) and exports (45.03%) is smaller than Australia (54% GDP, 59% exports) and Japan (53% GDP, 21.4% exports)
Australia: High contribution to both GDP (54%) and exports (59%) from SMEs. Accounts for 99.8% of all businesses and employs 66% of the workforce
USA: Small businesses represent 99.9% of all businesses. Contributes 33% to exports and 44% to economic activity
Japan: Despite SMEs making up 99% of businesses, their share of exports is the smallest among the QUAD countries at 21.4%, while contributing 53% to GDP.

Key Observations:

India’s MSMEs are crucial for employment but face challenges in increasing their share in GDP and exports.
Australia and Japan have stronger export contributions from MSMEs, with Australia leading in both GDP and exports.
India’s focus should be on enhancing the quality and international competitiveness of its MSMEs to increase their share in exports and GDP.

FAQs on PF Registration

Does amendment of the non-core field require processing by the Tax Official?

No, amendments to non-core fields are auto-approved after successful filing by the taxpayer and don't require tax official processing.

Does amendment of the core field require processing by the Tax Official?

Yes, amendments to core fields need approval from the tax official. If no action is taken, the application is auto-approved after the given time.

Once the Tax Official processes your application for amendment of registration what will happen?

After the application is approved or rejected, you’ll receive an SMS and email notification. The approval order (REG 15) can be viewed/downloaded on your dashboard, and an amended registration certificate will be available for download.

What will happen after the submission of the application for amendment of registration?

After digitally signing and filing the amendment application, a successful submission message will appear. The acknowledgment will reach your registered email and mobile within 15 minutes. SMS and email notifications with ARN and filing success will be sent to the primary authorised signatory.

Why cannot find a link for Amendment of Registration Core Field?

The core field amendment link is disabled in the following cases: When the registration is being canceled, or the status is 'Suspended.' If the registration is canceled and the status is 'Cancelled.'

Can I amend the period of validity mentioned while applying for registration?

Yes, you can update the validity period when applying for registration as an SEZ Unit/SEZ Developer through the core amendment process after registration.

Will the newly added Primary Authorized Signatory be considered Aadhaar authenticated?

No, the newly added signatory won’t be Aadhaar authenticated until the Aadhaar authentication process is completed.

Will the Primary Authorised Signatory be treated as Aadhaar authenticated?

No, changes to basic details like name, father’s name, date of birth, and gender will not make the signatory Aadhaar authenticated.

Can a Suo-Moto registration taxpayer add bank account details on the GST portal?

Yes, Suo-moto registration taxpayers can add bank account details by logging into the GST portal and accessing the Non-Core amendment page.

How to Register for Udyam Registration Online?

For online Udyam registration, go to the Udyam Registration portal, enter Aadhaar and PAN details, and complete the business information form. Verify your information with an OTP, then submit the form. Upon successful submission, you will receive a Udyam Registration Number (URN) as proof of registration.

How to Update an Udyam Registration Certificate?

To update your Udyam registration certificate, log in to the MSME portal using your Udyam Registration Number and Aadhaar details. Access the profile or update section, make any necessary changes to your business information, and save the updates. The updated certificate can then be downloaded.

What is the Udyam Registration Number?

The Udyam Registration Number (URN) is a unique identifier assigned to MSMEs upon successful registration on the MSME portal. It serves as proof of the enterprise’s registration and can be used to access government schemes and benefits specifically designed for MSMEs in India.

What is the Difference Between Udyam and Udyog Aadhaar?

Udyog Aadhaar was the previous system for MSME registration in India, replaced by Udyam registration in 2020. Udyam registration requires only PAN and Aadhaar for verification, is more streamlined, and offers better benefits. Unlike Udyog Aadhaar, Udyam provides a digital certificate with long-term validity and simplified processes.

Which Kind of Company Should I Register in MSME?

Any company involved in manufacturing, processing, or providing services, and meeting the investment and turnover criteria, can register under MSME. This includes sole proprietorships, partnerships, private limited companies, and limited liability partnerships (LLPs).

Is Udyog Aadhaar Sufficient for Running a Business?

Udyog Aadhaar alone is not sufficient to run a business, as it only served as a registration tool for MSMEs, which has now been replaced by Udyam registration. While Udyog Aadhaar provided access to certain benefits, Udyam registration offers a more comprehensive, updated framework for MSMEs.

What is the Fee for MSME Registration?

MSME registration under the Udyam portal is free of charge. There are no fees for applying or receiving the Udyam Registration Number (URN) and certificate. However, some service providers may charge a fee for assisting with the registration process or offering consultation services.

The Eligibility Criteria for MSME Registration?

To qualify for MSME registration, an enterprise must fall within specific investment and turnover limits, depending on whether it is a micro, small, or medium enterprise. The business must be involved in manufacturing or service sectors, and registration requires Aadhaar and PAN for verification purposes.

Which Company Provides MSME Company Registration Online?

VakilSearch provides hassle-free MSME registration in India.

Is Company Registration Required for an MSME?

Company registration is not required for MSME registration. Businesses can register as a sole proprietorship, partnership, LLP, or private limited company under the MSME Act.

Can We Register a Diagnostic Centre Under MSME?

Yes, a diagnostic centre can register under MSME if it meets the eligibility criteria based on investment and turnover. Since diagnostic centres fall under the healthcare sector, they are eligible for MSME registration, which enables them to access government schemes, financial support, and tax benefits for healthcare services.

How a Trading Company Can Get Registered for MSME?

A trading company can register for MSME by visiting the Udyam Registration portal, providing details such as PAN, Aadhaar, and information about the business activity, turnover, and investment. The company will need to verify its details via OTP, and after successful registration, it will receive the MSME certificate.

What is Required to Register a Company Under MSME in India?

To register a company under MSME in India, you need Aadhaar and PAN details for identity verification. You must provide information about your business, including the type of industry (manufacturing or service), turnover, and investment. After submitting, a unique Udyam Registration Number (URN) is issued.

What is the AEPS Registration Process with Suitable Steps?

AEPS (Aadhaar Enabled Payment System) registration requires the following steps:

Register with a bank or financial institution offering AEPS services
Submit Aadhaar and bank account details
Complete KYC verification
Once registered, AEPS allows Aadhaar-linked transactions like balance inquiry, withdrawal, and fund transfer through biometric authentication.