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Eligibility Check :Determine whether your business meets the eligibility criteria for UDYAM registration based on investment in plant and machinery or equipment, and turnover.
Online Registration :Visit the official UDYAM registration portal (udyamregistration.gov.in) and complete the online registration process by providing essential details about your business, such as Aadhaar number, PAN card, business name, address, type of enterprise, and investment in plant and machinery or equipment.
Document Upload :Upload scanned copies of supporting documents, such as Aadhaar card, PAN card, business address proof, and details of investment in plant and machinery or equipment.
Verification and Approval :After submitting the registration application, the details provided will be verified by the authorities. Upon successful verification, a unique UDYAM registration number will be issued to your business.
Acknowledgment Certificate :Download and print the UDYAM registration certificate, also known as the UDYAM acknowledgment certificate, which serves as proof of your MSME registration.
Update Information :Keep your UDYAM registration details updated, particularly in case of any changes in business operations, ownership, or contact information.
These are the smallest entities, of course. Micro manufacturing enterprises have investment of less than Rs. 25 lakhs in plant and machinery, while micro service enterprises have less than Rs. 10 lakhs invested in equipment.
Small manufacturing enterprises may have between Rs. 25 lakhs and Rs. 5 crores invested in plant and machinery, while small service enterprises may have between Rs. 10 lakhs and Rs. 2 crores invested in equipment.
Medium manufacturing enterprises may have between Rs. 5 crore and Rs. 10 crore invested in plant and machinery, while small service enterprises may have between Rs. 2 crore and Rs. 5 crore invested in equipment.
Although, there is no compulsion to get MSME registration but is always advised to do so as it provides lots of benefits to the enterprises registered under MSME Act. It will save you from a lot of inconveniences later on. After assigning you the Provisional MSME Certificate and you can begin with your production and even apply for a Permanent Certificate which will add more advantages for you. Always apply for provisional registration at an initial stage of the business.
SSI/MSME registration is totally voluntary. Businessmen and entrepreneurs usually get this done to utilise the advantages offered under it. The registration process is quite easy and simple. You can easily avail it (provided you have a manufacturing plant or a commercial space where you render services), many businesses opt for it over other registrations.
No document required for MSME Registration / SSI Registration. Only information provided in Online Application Form is enough.
Any entrepreneur having valid Aadhar Number can apply for MSME Registration Online .
In the interest of environment no physical copy of MSME Certificate will be issued. Government believes in paperless work.
At present Aadhar Number is mandatory for issuance of MSME Certificate.
The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under: Enterprises engaged in the manufacture or production, processing or preservation of goods as specified below:
Ministry implements a scheme called Credit Linked Capital Subsidy Scheme (CLCSS) for technology upgradation of Micro and Small enterprises in the country. Under the scheme, 15 per cent capital subsidy, limited to maximum of Rs 15 lakh (12 % prior to 29.09.2005 limited to maximum of Rs 4.8 lakh) is provided to the eligible MSEs for upgrading their technology with the well-established and improved technology as approved under the scheme. 48 products /sub-sectors have been approved under the CLCSS till date. If you are an MSE manufacturing a product and want to upgrade the technology of manufacturing the product with the well-established and improved technology as approved under the Scheme, then you may have to approach to the nodal agencies/eligible financial institution for sanction of term loan for purchase of eligible machinery.
Under the National Manufacturing Competitiveness Programme (NMCP) to enhance the competitiveness of the SMEs sector, O/o DC(MSME) is implementing a scheme “Building Awareness on Intellectual Property Rights (IPR)” for the MSME. The objective of the scheme is to enhance awareness of MSME about Intellectual Property Rights (IPRs) to take measure for the protecting their ideas and business strategies. Accordingly, to enable the MSME sector to face the present challenges of liberalization , various activities on IPR are being implemented under this scheme.
The Ministry is implementing the Performance & Credit Rating Scheme, the main objective of the which is to provide a trusted third party opinion on the capabilities and creditworthiness of the MSEs so as to create awareness amongst them about the strengths and weakness of their existing operations. This is to provide them an opportunity to improve and enhance their organizational strengths and credit worthiness, so that they can access credit at cheaper rates and on easy terms. NSIC was appointed as nodal agency to implement the scheme on behalf of the Government. Rating under the scheme is being carried out through empanelled rating agencies i.e. Credit Rating Information Services of India Limited (CRISIL), Credit Analysis & Research Limited (CARE), Credit Rating Agency of India Ltd. (ONICRA), Small and Medium Enterprises Rating Agency of India Ltd. (SMERA), ICRA limited and Brickwork India Ratings. Under this Scheme, rating fee payable by the micro and small enterprises is subsidized for the first year only and that is subject to maximum of 75% of the fee or Rs. 40000/-, whichever is less.
After filing online MSME application form, MSME Registration Certificate will be issued immediately at email.
Click on Sample MSME Certificate to download.
Every application will be approved. No application will be rejected. Application will be approved on the basis of information provided by applicant.
There is no difference between MSME Registration and SSI Registration. Earlier MSME Registration was know as SSI Registration.
Credit rating is not mandatory but it is in the interest of the MSE borrowers to get their credit rating done as it would help in credit pricing that is cost of funds (interest and other charges etc.) of the loans taken by them from banks.
