How To Register Your MSME/SSI Online In India

One of the key contributors is the MSME sector (Micro, Small, and Medium Enterprises). Often called the “engine of growth for India,” MSMEs play an important role in creating jobs, boosting manufacturing, and helping industries grow.

To support this sector, the Government of India offers various subsidies, schemes, and incentives under the MSME Act.

To get these benefits, businesses need to register as an MSME, also known as Udyog Aadhar. The registration process is simple and done online.

This guide will briefly explain the steps to register and the benefits of MSME registration for businesses and entrepreneurs.

To get the benefits offered by the government under the MSMED Act, it is important to register your business as an MSME or get a Udyog Aadhar. This can be done easily through an online process. This guide will briefly explain the steps and benefits of MSME registration for businesses and entrepreneurs.

Why MSME Registration Is Important

The MSME (Micro, Small, and Medium Enterprises) sector plays a big role in India’s growth. It provides many jobs and makes up about 50% of India’s exports and 95% of its industrial units. That’s why MSMEs are called the backbone of the Indian economy.

But not every business is an MSME. To be one, your business must meet certain income limits set by the government. Getting MSME registration helps businesses get government support and grow faster.

MSMEs are categorized into two enterprises

Manufacturing enterprises
Service enterprises

They are defined according to the MSMED Act, also known as the Micro, Small, and Medium Enterprises Development Act of 2006 in terms of investment in plant and machinery.

MSME Categories Based on Investment

In the manufacturing sector:

If an investment is up to ₹25 lakhs, it is called a micro-enterprise.
If an investment is between ₹25 lakhs and ₹5 crores, it is a small enterprise.
If an investment is between ₹5 crores and ₹10 crores, it is a medium enterprise.

In the service sector:

If an investment is less than ₹10 lakhs, it is a micro-enterprise.
If an investment is between ₹10 lakhs and ₹2 crores, it is a small enterprise.
If an investment is between ₹2 crores and ₹5 crores, it is a medium enterprise

Even though India faces challenges like poor infrastructure and tough market conditions, the MSME sector has shown strong growth and survived competition from both local and global markets.

MSME registration offers both financial and non-financial benefits that help in business growth and trade development.

How To Register Your MSME Online

You can register in MSME by simply visiting the MSME Registration Website and filling out the application form. Our secure online portal helps you in the registration process. We provide all sorts of consultancy services to people who are not familiar with the online procedures.

The documents required for the online MSME registration are:

Aadhar number
Industry name and address of the business
Pan number
Bank account details
Investment details
Bill copies (sales and purchase)
Copies of licenses

The documents should be self-certified. There is no limit to registering for new or existing businesses. If you want to register in more than one industry, individual registration is possible on msmeregistrar.org

Steps to Register Online at msmeregistrar.org

Visit the MSME Registration Portal and fill out the online form with the correct details.
Check all your details, then click on Submit and pay the fee for the Udyam application.
After approval, our executive will call you to verify your details.
Within 1-2 working hours, your MSME certificate will be sent to your registered email ID.

There is a small MSME registration fee for the procedures. To apply for loans from banks, you can register temporarily and once you set out you can apply for a permanent license.

Benefits of MSME registration

MSME registration online is not mandatory or legally required. However, choosing to register can greatly benefit the growth and development of your business.

Both the state and central governments have introduced the MSME scheme to offer maximum support and benefits to all types of enterprises.

Any business that has an MSME registration certificate becomes eligible to receive various benefits from government departments and schemes under the MSMED Act.

1. Easy Access to Loans:

Registered MSMEs can get quick and low-interest loans from banks and financial institutions. The government also provides collateral-free loans, which means you don't have to provide security to get a loan.

2. Government Subsidies and Schemes:

MSME-registered businesses are eligible for various government subsidies, incentives, and support schemes. These can help you save money and grow your business faster.

3. Lower Electricity Bills:

Many states offer concessions on electricity bills to registered MSMEs. This helps reduce monthly business expenses.

4. Protection Against Delayed Payments:

If a buyer delays your payment, you can legally claim interest on the amount. The MSMED Act protects small businesses from late payments by buyers.

5. Discount on Patent and Trademark Fees:

MSMEs get reduced fees when applying for patents or trademarks, which encourages innovation and brand protection.

6. Help in Getting Government Tenders:

Registered MSMEs often get preference in government tenders. Some tenders are exclusively reserved for MSMEs.

7. Tax Benefits and Exemptions:

Depending on the state and scheme, MSMEs can enjoy tax rebates or exemptions to reduce their financial burden.

8. ISO Certification Reimbursement:

If your MSME gets an ISO certification, the government will reimburse the cost, helping you maintain quality standards without extra expense.

9. Support for Business Development:

MSMEs receive guidance, training, and consultancy from government bodies to improve skills, expand their market, and increase efficiency.

10. Easier Access to Licenses and Approvals:

With MSME registration, it's easier to get licenses, approvals, and registrations from various government departments.

If you need help, just fill out the Udyam enquiry form, and one of our team members will call you through the Udyam helpline number.

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