MSME (Udyam) Registration
Starting from ₹500 + GST
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Table Of Content
What is MSME (Udyam) Registration
MSME stands for micro, small, and medium enterprises and is a crucial part of the Indian economy. These enterprises are divided into three categories according to the Micro, Small, Medium Enterprises and Development (MSMED) Act of 2006 — micro, small, and medium. This is based on the investment in plant and machinery or equipment and the annual turnover of the enterprise. The Ministry of Micro, Small, and Medium Enterprises provides a Udyam registration certificate, also known as an MSME registration certificate. The Udyam registration is an initiative by the Government of India and was launched in July 2020. It is an e-certificate issued with the 19-digit permanent Udyam registration number to MSMEs in India.
This is an important document that officially recognizes your business entity as an MSME. It improves the credibility of your business and makes it eligible for benefits and incentives offered by the government to promote the growth of MSMEs. The registration process can be done through Patron Accounting. A micro, small, or medium enterprise can make use of the schemes, subsidies, concessions, and financial aid offered by the government of India for MSMEs with the Udyam registration process. These benefits provided by the Indian government to support MSMEs can help your business scale new heights.
Benefits of MSME (Udyam) Registration
Eligibility for MSME (Udyam) Registration
Eligible Entities:
Process for MSME (Udyam) Registration
Step 1
For Udyam Registration for your enterprise, visit the official Udyam Registration Portal of the Ministry of Micro, Small, and Medium Enterprises, Government of India. Patron Accounting can make this process seamless, allowing you to receive a certificate with their guidance.
Step 2
On the homepage of the website, click on the ‘For new entrepreneurs who are not registered yet as MSME or those with EM-II’ option. This will lead to a form for the MSME registration.
Step 3
Fill in the details of the Aadhaar card number and the name of the entrepreneur on the form for Aadhaar verification. After entering the details in the Aadhaar card number and entrepreneur’s name fields, click the ‘Validate and Generate OTP’ button.
Step 4
Enter the OTP sent to the phone number linked to the Aadhaar card and validate it, leading to the PAN verification page. Enter the details in the form — ‘Type of Organisation’ and PAN Number of the entrepreneur. Click on the ‘Validate PAN’ button. The website will find the required details from the government databases and validate your PAN number.
Step 5
Once the PAN has been validated, you can fill in the details in the Udyam Registration form. The details include personal details — the entrepreneur’s name, mobile number, email ID, and about the enterprise — investment, turnover, declaration, etc. Click on the ‘Submit and Get Final OTP’ button, enter the OPT, and submit the form for the registration certificate.
Step 6
Once the application form is submitted, you will receive the Udyam certificate via email within a few days. The Udyam Registration Certificate can be printed from the official website of the Ministry of Micro, Small, and Medium Enterprises. Enter the details — Udyam Registration Number and mobile number- to receive an OTP and download and print the MSME registration certificate.
Documents Required for MSME (Udyam) Registration
FAQs
Is the Udyam registration certificate mandatory for MSME enterprises in India?
The Udyam registration is not mandatory for MSME enterprises in India. However, it can provide access to many benefits offered by the government to support these enterprises — incentives, schemes, financial aid, etc.
How long does it take for the registration certificate to be issued?
After the application has been submitted, it will take 3 to 5 days or more to receive the Udyam Registration Certificate.
How long is the Udyam registration valid?
The Udyam registration is valid for a lifetime as long as the enterprise operates. There is no need to renew the Udyam registration once issued.
What does the Udyam Registration Certificate include?
The Udyam Registration Certificate provided by the Ministry of Micro, Small, and Medium Enterprises includes the details of your MSME and permanent 19-digit Registration Number.
What are the fees for Udyam registration?
The Udyam registration for micro, small, and medium enterprises is free of charge. There aren’t any fees to be paid to complete the registration process on the Udyam portal.
Is the Udyam registration process done only online?
Yes, the Udyam Certificate Registration process is completely online and paperless. Patron Accounting can make the process of registering your business entity easier.