MSME UDYAM Registration
MSME Registration is playing very important role for the small and medium business across India.Numerous surveys show that country’s true economic growth reckoned not just on its large-scale industries and foreign investments but also on its small and medium level industries that also includes various cottage industries operating in India. By looking towards the developing country like India whose economy is basically dependent on agriculture and small-scale industries, applying for MSME registration or SSI Registration could be considered as its backbone.
In India, every state has its own tradition and culture which they follow and become eminent in that kind of industry.
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DOCUMENTS REQUIRED FOR UDYAM REGISTRATION ONLINE
The Online Udyam Registration application process is based on self-declaration, and there is no further requirement to upload any documents, certificates, papers, or proofs.
The user will only need to provide their 12-digit Aadhaar Number, Pan Card and Bank Account details of Business for the registration process
MSME UDYAM REGISTRATION PROCESS
Application Drafting
Submit the Application and Make the payment
Processing
Our Team Member will File the Application Online
Certificate
Once Approved You will Receive MSME Certificate on Your Registered E-mail Address.
REVISED MSME UDYAM CLASSIFICATION
A micro, small and medium enterprise (MSME) is classified as below-
| Classification | 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 |
Frequently Asked Questions
Udyam Registration is the new process of MSME Registration launched by the the Ministry of Micro, Small and Medium Enterprises on July 1, 2020
The new MSME registration process is completely online, paperless and based on self-declaration. No documents or proofs are required to be uploaded for registering an MSME. You may still need an Aadhaar card, Pan Card and Bank account details while form filling
Tax Benefits
Easy Clearance of Pending Payments
50% discount on trademark and Patent Fees
Lesser Interest Rates For Bank OverDraft(OD)
Eligible for Mudra Loan Scheme
Apply Government Tenders Easily
Visit LegalDocs and get Udyam registration done in a simple procedure. Read our section on “How to Register MSME using Udyam Registration Portal?” to directly register on the portal.
Yes, Udyam registration is mandatory in India.
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