Udyam Registration or MSME Registration

Udyam Registration is a government-initiated process in India for the registration of Micro, Small, and Medium Enterprises (MSMEs). It replaced the earlier system of MSME registration known as UdyogAadhaar.

Here are the steps to register for Udyam:

  • Visit the Udyam Registration Portal: Go to the official Udyam Registration portal provided by the Ministry of Micro, Small, and Medium Enterprises.
  • Enter Aadhaar Number: Enter your Aadhaar number and the name of the entrepreneur.
  • Validation through OTP: An OTP will be sent to the mobile number linked with your Aadhaar. Enter the OTP for validation.
  • Personal Details: Fill in your personal details such as name, gender, category, and whether you are a Physically Handicapped (PH) person.
  • Social Category: Choose your social category (General, SC, ST, or OBC).
  • Physically Handicapped: If applicable, select whether you are a physically handicapped person.
  • Name of Enterprise: Provide the name of your enterprise.
  • Type of Organization: Select the type of organization (proprietorship, partnership, etc.).
  • PAN Details: Enter your PAN details.
  • Location of Plant: Provide the complete address of the enterprise including state, district, and PIN code.
  • Previous Registration Details: If your enterprise was previously registered as an MSME, provide those details.
  • Number of Employees: Mention the number of employees working in the enterprise.
  • Investment in Plant and Machinery / Equipment: Mention the amount invested in the business.
  • Bank Details: Enter your bank account details.
  • Major Activity: Select the major activity (manufacturing or service).
  • NIC Code: Choose the appropriate National Industrial Classification (NIC) code that corresponds to your business activity.
  • Additional Details: Provide any additional details required.
  • Submit and Generate Certificate: Review the information provided and submit the application. After verification, the system will generate an Udyam Registration Certificate.
  • Download Certificate: Once the application is approved, you can download the Udyam Registration Certificate. This certificate serves as proof of your MSME registration.

Remember to keep a copy of your Udyam Registration Certificate for future reference.
If you find it difficult to follow the procedure, contact a CAS expert to assist you in obtaining the registration. You can reach us at 9809604122 or email us at casolution18@gmail.com. We guarantee registration processing within 12 hours. Our professional fee is 1500 INR. There are no government charges for UDYAM Registration.

Benefits of UDYAM Registration :

  • Easy Access to Credit: MSMEs with Udyam Registration are eligible for various government schemes and subsidies. They also find it easier to obtain loans from banks and financial institutions.
  • Priority Lending: Banks are mandated to give priority to MSMEs for lending, and Udyam Registration helps in establishing eligibility for such priority lending.
  • Collateral-Free Loans: MSMEs can avail loans under schemes like the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) without providing collateral.
  • Subsidies and Incentives: Udyam-registered businesses may be eligible for subsidies on technology upgrade, credit-linked capital investment, and incentives for export promotion.
  • Protection against Delayed Payments: Under the Micro, Small, and Medium Enterprises Development Act, 2006, the buyer is required to make payment to the MSME supplier within 45 days, failing which the buyer is liable to pay compound interest.
  • Access to Government Tenders and Procurement: Many government tenders are only open to MSMEs, and Udyam Registration is a prerequisite to participate in these tenders.
  • Concession on Electricity Bills: MSMEs with Udyam Registration may be eligible for a concession on electricity bills, which can result in cost savings.
  • Technology Upgradation Support: The government provides support for upgrading technology, which can enhance the competitiveness of the MSME.
  • Preference in Government Certifications and Licenses: MSMEs may receive preference in obtaining certifications and licenses required for their business operations.
  • Market Expansion and Promotion: MSMEs can participate in trade fairs, exhibitions, and other promotional events organized or sponsored by the Government of India or State Governments.
  • Ease of Registration and Renewal: Udyam Registration is a simple and online process, making it easy for MSMEs to register or renew their status.
  • Entrepreneurship Memorandum (EM) Part II: Udyam Registration replaces the EM Part II, which was required for various statutory and regulatory purposes.
  • Statutory Support and Ease of Compliance: Udyam-registered businesses may receive support in terms of compliance with regulations, such as the Central and State laws.
  • Access to Skill Development and Training: MSMEs can participate in various skill development and training programs sponsored or conducted by the government.
  • Recognition and Credibility: Udyam Registration lends credibility to the business and provides official recognition as an MSME.

It's important to note that the benefits and schemes may evolve over time, so it's advisable to contact us (CAS) for the most up-to-date information.