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Udyog Aadhar Registration / MSME Registration Online

The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India, is the apex executive body for policy making and administering laws relating to micro, small and medium enterprises in India.
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Udyog Aadhar Registration / MSME Registration Online

MSME ministry said that an MSME in the country will now (from 1st July 2020) be known as ‘Udyam’ since the term comes closer to the meaning of an enterprise.

Micro, Small and Medium Enterprises. MSME stands for Micro, Small and Medium enterprises and SSI Stands for Small Scale Industries, categorized based on the annual revenue in business. These entities possess MSME registration certificate, registered with MSME Department of the Central Government under MSME Development Act, 2006. The Act was enacted for the promotion and growth of the businesses operating at small or medium scale.

The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India, is the apex executive body for policy making and administering laws relating to micro, small and medium enterprises in India.

Based on investment and turnover criteria a business falls in one of the three categories of Micro, Small or Medium.

Micro Enterprise:  Manufacturing and services enterprises with investments up to Rs 1 crore and turnover up to Rs 5 crore will be classified as micro enterprises.

Small Enterprise: For small enterprises, the investment criteria and the turnover criteria has been revised upwards to Rs 10 crore and Rs 50 crore respectively.

Medium Enterprise: The enterprises which have investment up to Rs 20 crore and turnover up to Rs 100 crore will be termed as medium enterprises.

Small scale industries (SSI): Such as bakeries, beauty parlours, and leather bag manufacturing units, are those that manufacture and render services by making a limited investment.

Documents-Required-For-SSI-MSME-registration

Benefits of Udyam / MSME Registration

  • Easy to get Licenses, approvals and registrations
  • Collateral Free loans from banks (under CGTMSE)
  • Subsidy (50%) on Patent Registration
  • 1% exemption on the interest rate on OD
  • Industrial Promotion subsidy
  • Protection Against Delayed Payments
  • Concession in electricity bills
  • Reimbursement of ISO Certification charges
  • Excise Exemption Scheme
  • Direct Tax Exemption in the First year

How We Do It ?

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Frequently Asked Questions - FAQs

  • MSME and Udyog Aadhar are same ?

    Yes, MSME registration has been replaced with the Udyog Aadhar registration. If any micro, small and medium industries want to start any business; they need to do the registration with MSME/Udyog Aadhar.

  • What is the validity of the certificate?

    There is no expiry of the Udyog Aadhar Certificate. As long as the Firm is ethical and financially strength, there will be no expiry of the certificate.

  • What is Udyog Aadhaar Memorandum (UAM) Number?

    UAM is a one-page registration form in a self- declaration format which can be filled online by a Micro, Small or Medium Enterprise (MSME). The MSME will be issued online, a unique identifier i.e. 12-digit Udyog Aadhaar Number which is called the Udyog Aadhaar Memorandum (UAM) Number. It replaces the earlier Entrepreneur Memorandum (EM-I / EM-II) which had a lengthy procedure.

  • Can I use my existing business to get MSME / Udyog Aadhar registration ?

    Yes, an existing and new business can apply for MSME/Udyog Aadhar registration. Provided the existing unit is functioning and meets the entry limits for registration.

  • Can trading companies register under MSME?

    No. MSME covers only Manufacturing and Service industries.

  • How many days will take the time to get MSME certificate ?

    If every thing is ready and have no mistakes or modifications then it takes not more than 3 to 5 days

  • What is the credit score need to have for MSME registration ?

    No, credit score is not required for MSMEs.

  • Can MSME get subsidy ?

    There are various discounts and subsidies are applied for a MSME firm.. like Industrial Promotion subsidy, Subsidy (50%) on Patent Registration, Collateral Free loans from banks (under CGTMSE), Reimbursement of ISO Certification charges and so on…

  • Can I register multiple manufacturing units in different cities ?

    No. The MSME/Udyog Aadhar certificate is for a single entity irrespective of multiple branches or plants.

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