MSME Registration Online in India - Register MSME Business
MSME Registration stands for Micro, Small and Medium Enterprises. If someone wants to register their manufacturing and Service Sector business in India under the, they can register under Udyam. Udyam registration is the new process of registering Micro, Small and Medium Enterprises in India.
MSME’s are classified into 2 categories:
- Manufacturing Enterprise
- Service Enterprise.
Classification of MSME Enterprises on the Basis of Turnover
| Old Definiton |
|---|
| Service Sector |
|---|
| Enterprise | Investment in Equipment |
|---|---|
| Micro Enterprise | < or = Rs. 10 lakh |
| Small Enterprise | > Rs. 10 lakh, < Rs. 2 crore |
| Medium Enterprise | > Rs. 2 crore, < Rs. 5 crore |
| Manufacturing Sector |
|---|
| Enterprise | Investment in Plant and Machinery |
|---|---|
| Micro Enterprise | < or = Rs. 25 lakh |
| Small Enterprise | > Rs. 25 lakh, < Rs. 5 crore |
| Medium Enterprise | > Rs. 5 crore, < Rs. 10 crore |
| Revised Definition |
|---|
| Enterprise | Investment in plant and machinery or equipment | Turnover |
|---|---|---|
| Micro enterprise | Not more than INR 1 Crore | Not more than INR 5 Crore |
| Small enterprise | Not more than INR 10 Crore | Not more than INR 50 Crore |
| Medium enterprise | Not more than INR 50 Crore | Not more than INR 250 Crore |
MSME Registration Certificate
MSME Registration Certificate is the proof of MSME business registration. MSME Certificate is the unique number given through MSME Registration Portal to individuals or organizations who register their MSME business. It is proof to certify the company that is awarded after MSME registration to business owners..
Benefits of MSME Registration
- Can avail benefits of Government Schemes
- Concession on electricity bills.
- Subsidy on Bank loans interest rate
- Can Participate in international trade fair
- Protection in Delayed payment
- Protection on ISO Certification
Process to Apply for MSME Registration
- Visit MSME Registration Portal.
- Click on the Udyam Registration tab.
- Fill the form and enter the details as required in the application form.
- Make the Payment for the process of the application.
- One of the representatives will process the application.
- In 1-2 hour you will receive your MSME certificate.
Document Required for MSME Registration
- Aadhaar Card
- PAN Card and GSTIN
MSME Registration for Existing Enterprises
According to the notification dated 26.06.2020, all existing MSME companies must immediately register/convert to a new UDYAM. Each business unit registered under MSME / Udyog Aadhaar will be treated as a valid MSME by 31 March 2021 in accordance with the new registration scheme. This means that all current MSME companies must register/convert to benefit from the MSME Benefits on or before 31 March 2021.
From the Udyam registration certificate makes sure to utilize all the benefits the government provides to MSMEs.
Feel free to contact our executive through inquiry form and follow us on:
Youtube Channel: Udyam Register
Facebook Page: msmeregistrar.org
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LAST UPDATED ON : 03/10/2023
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