Udyam Registration

An Udyam Registration, also known as an MSME Registration, comprises of a government sign-off provided along with a Recognition Certificate and a Unique Number. This is instrumental if you wish to certify that your small or medium business or enterprise is legal and operational.

Some of the Salient features

  • Anyone may obtain the Udyam Registration for the enterprise. It can be registered through the portal i.e. https://udyamregistration.gov.in/Government India/MinistryMSME-registration.htm
  • The process for Udyam Registration is fully digitalized and Paperless. There is no need to upload any document.
  • Registration Process is totally free. No Costs or Fees are to be paid to anyone.
  • An e-certificate, namely, “Udyam Registration Certificate” shall be issued online on completion of the registration process.
  • This certificate has a dynamic QR Code from which the web page on our Portal and details about the enterprise can be accessed.
  • Whoever intentionally m figures appearing in the Udyam Registration or updation process shall be liable to such penalty as specified under section 27 of the Act.
  • The online system is fully integrated with Income T Identification Number (GSTIN) systems, details on investment and turnover of enterprises are taken automatically from Government data bases. Exports are not taken as part of turnover calculation.

Requirement for Registration

  • Only Aadhar Number is enough for registration.
  • Having PAN & GST number is mandatory from 01.04.2021.

Benefits of Udyam registration

  • It will be a permanent registration and basic identification number for an enterprise.
  • MSME Registration is paperless and based on self- declaration.
  • There will be no need for renewal of Registration.
  • The Udyam Registration may also help MSMEs in availing the benefits of Schemes of Ministry of MSMEs such as Credit Guarantee Scheme, Public Procurement Policy,  additional edge in Government Tenders & Protection against delayed payments etc.
  • Becomes eligible for priority sector lending from Banks.