MSME (Micro, Small and Medium Enterprises) Registration, now known as Udyam Registration, is a government initiative to promote and support small businesses in India. This registration provides numerous benefits including priority sector lending, lower interest rates on bank loans, government tender preferences, and various subsidies. Our expert team assists you in obtaining Udyam Registration quickly and hassle-free, ensuring your business gains access to all MSME scheme benefits.
" MSMEs are the backbone of India's economy, contributing significantly to employment and exports. Udyam Registration unlocks exclusive government benefits and helps small businesses compete effectively in the market. "
The Udyam Registration process is completely online and free of cost on the government portal. However, proper documentation and accurate classification of your enterprise as Micro, Small, or Medium based on investment and turnover criteria is essential. We guide you through the entire process, from Aadhaar verification to obtaining your Udyam Registration Certificate, ensuring compliance with all MSME Development Act requirements.
MSME registration unlocks priority lending from banks, government subsidies, protection against delayed payments, and preference in government tenders, empowering your small business to grow faster.
Udyam Registration is the new online system for MSME registration introduced by the Ministry of MSME. Any business entity including proprietorship, partnership, LLP, private limited company, or cooperative society engaged in manufacturing or service activities can register. Classification is based on investment in plant & machinery and annual turnover: Micro (Investment up to ₹1 Cr, Turnover up to ₹5 Cr), Small (Investment up to ₹10 Cr, Turnover up to ₹50 Cr), Medium (Investment up to ₹50 Cr, Turnover up to ₹250 Cr).
Key benefits include collateral-free loans from banks under CGTMSE scheme, lower interest rates (1-1.5% reduction), preference in government tenders, protection against delayed payments with interest, subsidy on patent/trademark registration, exemption from direct tax for initial years, and access to various government schemes like CLCSS, PMEGP, and technology upgradation schemes. MSMEs also get electricity bill concessions and ISO certification reimbursement.
The Udyam Registration process is Aadhaar-based and requires minimal documentation. You need Aadhaar number of the proprietor/authorized signatory, PAN card and GST number (if applicable), business address proof, bank account details, and details of investment in plant & machinery and annual turnover. For companies and LLPs, GSTIN is mandatory. The process automatically fetches data from Income Tax and GST databases for verification.
No, Udyam Registration on the official government portal (udyamregistration.gov.in) is completely free of cost. There are no government fees involved. However, if you need professional assistance for documentation, classification guidance, or filing support, service providers may charge consulting fees. Beware of fraudulent websites that charge fees for registration – always use the official government portal.
Udyam Registration has lifetime validity and does not require renewal. However, enterprises must update their registration details if there are changes in investment, turnover, or business activities. If your enterprise grows beyond the medium category threshold, you must update the registration. Existing UAM (Udyog Aadhaar Memorandum) holders must migrate to Udyam Registration to continue availing MSME benefits. The Udyam Registration Number (URN) remains the same throughout.