MSME (Udyam) Registration in India – Unlocking Growth for Your Business

In India,MSMEs stand for Micro, Small, and Medium Enterprises. Nowadays, India has become a fast-growing startup and entrepreneurial ecosystem where minds come together with diverse ideas for business.

To empower these businesses, the Government of India offers Udyam Registration — a simplified digital process for registering under the MSME Act and enjoying a multitude of government benefits and opportunities designed to foster your business's growth and resilience.

What is Udyam Registration?

Udyam Registration is the official recognition of a business as an MSME by the Ministry of Micro, Small, and Medium Enterprises, Government of India.It provides a unique Udyam Registration Number (URN) and a certificate, classifying your business as 'Micro', 'Small', or 'Medium' based on revised investment in plant & machinery/equipment and annual turnover criteria.

Type	Max Investment in P & M	Max Turnover
Micro	Rs 2.5 crore	Rs 10 crore
Small	Rs 25 crore	Rs 100 crore
Medium	Rs 125 crore	Rs 500 crore

 

*Both manufacturing and service-based businesses fall under MSME.

Any business in India can apply for MSME, whether it is small or big.

What is the need for MSME Registration? Is it beneficial for a business?

Yes, registering your business is helpful.

• Getting collateral-free loan by banks. Ideal for startups, first-time entrepreneurs, and small manufacturers who do not own property.
• Tender preferences.
• Protection by law for delayed payment if it is more than 45 days.
• Cheaper loans.
• Trademark registration fees are half for the company.
• Low fees for participating in fairs and exhibitions.
• Many more schemes in different sectors.

Genserve can help you to know more about MSME Registration.

Documents required for MSME Registration.

• Aadhaar number of the owner/partner/director
• PAN card number
• Business details (type, address, etc.)
• Bank account details
• Business activity/NIC code
• Mobile Number linked with Aadhaar Card

No physical documents or proofs need to be uploaded during the online registration process.

FAQS

Is MSME registration mandatory?

No, it's not mandatory, but highly recommended.

Is there any registration fee for MSME?

No,it is totally free.

What is the validity of MSME registration?

MSME certificate is valid for lifetime.

Can traders apply for MSME registration?

Yes,retail and wholesale traders both can apply.

Can I update my MSME registration later?

Yes,we can update the same.

Is MSME registration available offline?

No. MSME/Udyam registration is completely online.

Is GST mandatory for MSME registration?

No. It is not mandatory.

Why Register MSME through Genserve?

• CA-Verified Application
• Error-Free NIC Code Selection
• PAN India MSME Support
• Fast Delivery within same day
• Only Rs 999 – All Inclusive