Print Udyam Registration Certificate

The Ministry of MSME, Government of India, launched an initiative for the registration of Micro, Small, and Medium Enterprises (MSMEs), which went live on July 1, 2020. This initiative is called udyam/MSME Registration. Before this, it was known as Udyog Aadhar. The government announced that the entire process would be based on self-declaration, meaning entrepreneurs do not need to upload any documents or proof only a valid Aadhar number is required for registration.

In simple terms, to register your business under the Udyam Registration process, all you need is a valid Aadhar number. To complete the registration, you can visit msmeregistrar.org, where our Udyam Registration experts will guide you step-by-step and help you fill out the form correctly.

Process to Print Udyam Registration Certificate

Step 1: Visit the Udyam Registration portal to begin the MSME registration process.

Step 2: Fill in the required details in the Udyam Registration form.

Step 3: Make the online payment to submit your Udyam Registration application.

Step 4: A registration executive will review and process your application.

Step 5: Within 2 working hours, you will receive your Udyam Registration certificate at your registered email address, along with your unique Udyam Registration Number.

Step 6: To print your certificate, simply click on “Print Udyam Certificate” and download your e-certificate.

Make sure you have a Printer Connection with your Laptop or Computer to Print Udyam Registration Certificate.

Re-classification Of Enterprises Under Udyam

Under Udyam Registration, businesses are divided into three types. The Government of India has changed the rules for how businesses are classified, based on how much they invest in machines and equipment or their yearly turnover. The latest limits for investment in plant and machinery or equipment are given below:

Micro Enterprise

A business is classified as a Micro Enterprise if:

• The investment in plant and machinery or equipment is up to ₹2.5 crore, and
• The annual turnover is up to ₹10 crore.

Small Enterprise

A business is classified as a Small Enterprise if:

• The investment in plant and machinery or equipment is up to ₹25 crore, and
• The annual turnover is up to ₹100 crore.

Medium Enterprise (2024 Update)

A business is classified as a Medium Enterprise if:

• The investment in plant and machinery or equipment is up to ₹125 crore, and
• The annual turnover is up to ₹500 crore.

For Existing Enterprises

• All businesses that were previously registered under EM-Part II or Udyog Aadhaar (UAM) must re-register on the Udyam Registration portal starting from July 1, 2020.
• Any enterprise registered on or before June 30, 2020, will be reclassified based on the new MSME definitions provided in the official notification.
• These earlier registrations will remain valid only until March 31, 2021.
• Also, if a business was registered with any other organization under the Ministry of MSME, it must now register itself under the Udyam Registration system.

Documents Required For Udyam Registration

1. Aadhaar Number:

• For a proprietorship firm, the Aadhaar number of the owner is required.
• For a partnership firm, the Aadhaar of the managing partner is needed.
• For a Hindu Undivided Family (HUF), the Aadhaar of the Karta (head of the family) is required.

2. For Companies, LLPs, Societies, Trusts, or Co-operative Societies:

• The Aadhaar number, PAN, and GSTIN of the organization or its authorized signatory must be provided.

3. PAN-Based Self-Declaration:

• If a business is already registered under Udyam with a PAN and some previous year data is missing, it can be submitted based on self-declaration.

4. Single Registration Rule:

• A business or enterprise can only file one Udyam Registration.
• However, multiple activities (manufacturing, services, or both) can be listed under the same registration.

Udyam Registration Benefits Under the MSME Initiative

The Government of India has introduced several benefits under the MSME initiative through Udyam Registration. Here are some of the key advantages:

• Your business becomes eligible for various schemes and benefits from both the central and state governments.
• Easier access to subsidies, tax concessions, and government schemes at both central and state levels.
• Bank loans become easier to obtain, with less paperwork and faster processing.
• You may qualify for collateral-free loans, reducing the hassle of providing security.
• Lower interest rates on loans from banks and financial institutions.
• Protection against delayed payments from buyers, ensuring better cash flow.
• Easier to open a business current account after registration.
• Eligibility for Industrial Promotion Subsidy (IPS) and other government incentives.
• You can easily participate in international trade fairs and receive special privileges and support for exhibitions.

The Ministry Of MSME has announced the MSME initiative to enhance the entrepreneurship skill development program for people who want to start their small business with no experience.

For any assistance, feel free to contact our executive through the enquiry form.

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