The applicant’s registered email address will get the Udyam Aadhar Registration Certificate in two to four business days. The MSME registration process on the Udyam Registration Portal is completely free of charge.
Udyam Aadhar Registration
MSMEs in India are granted an electronic certificate known as the Udyam registration certificate by the Ministry of Micro, Small, and Medium Enterprises (MSME). Another name for the MSME registration certificate is the Udyam registration certificate.
The Indian government offers MSMEs a kind of e-certification called Udyam registration. A self-declaration, paperless, and free platform for MSME entrepreneurs to register their businesses is called Udyam Registration.
It is entirely based on an online platform that was introduced by the Union Ministry of MSMEs and supplanted by the laborious, outdated Udyog Aadhar procedure. MSMEs may register with the government and get all the necessary advantages by using Udyam Aadhar Registration.
Udyam Registration Certificate
MSMEs in India are granted an electronic certificate known as the Udyam Registration Certificate by the Ministry of MSME. The MSME registration certificate is another name for the Udyam registration document.
|Type of Enterprises
|Less than Rs.1 Crore
|Less than Rs.5 Crore
|Less than Rs.10 Crore
|Less than Rs.50 Crore
|Less Than Rs.50 Crore
|Less Than Rs.250 Crore
After the MSME registration procedure is finished, the entrepreneurs obtain the MSME registration certificate. Easy business access to the MSME website via the Udyam portal is made possible by the QR Code on the Udyam registration certificate.
How To Apply For Udyam Registration Online?
These basic actions on the Udyam registration platform may help MSMEs register online:
- Visit https://eudyogaadhaar.org/ is the Udyam registration website.
- Click ‘For new entrepreneurs who are not registered as MSME or EM-II’ on the site.
- After entering the ‘Aadhaar Number’ and ‘Name of Entrepreneur,’ click ‘Validate & Generate OTP’.
- The Aadhaar-linked mobile number will get an OTP. Click ‘Validate’ after entering the OTP.
- Visit the PAN verification page after Aadhaar verification. Enter the ‘Type of Organisation’ ‘PAN’ number and click ‘Validate’. Please mention whether you submitted the prior year’s ITR and have a GSTIN.
- It will display the Udyam registration form. Fill out the entrepreneur’s name, cellphone number, enterprise name, plant/unit location, address, status, bank information, unit activity, NIC code, and number of employees.
- List these details. Get the Final OTP by clicking Submit.
- Machinery investment and turnover data.
- Pick the declaration.
- Submit the form with the final OTP. Your email will include the Udyam e-registration certificate.
Eligibility for MSME Registration
Any business falling under certain parameters, including those in the commerce, manufacturing, and service industries, may register with Udyam. To be eligible to apply for Udyam registration, you must meet the following criteria:
- Micro Enterprises: Any business with yearly sales of less than 5 crore rupees and capital expenditures of less than 1 crore rupees is considered a micro-enterprise.
- Small Enterprises: Any company that brings in less than 50 crore rupees per year and doesn’t spend more than 10 crore rupees on machinery, plants, or equipment is considered a small business.
- Medium Enterprises: Medium-sized businesses are defined as those with an annual revenue of no more than Rs. 250 crore and an investment in machinery, plant, or equipment of no more than Rs. 50 crore.
Who can apply for Udyam registration?
Those who want to start a small, medium, or microbusiness in India may apply for Udyam Registration. It encompasses a range of entities, such as:
- Hindu Undivided Family (HUF)
- Partnership Firms
- One-Person Companies (OPCs)
- Private Limited Companies
- Limited Companies
- Producer Companies
- Limited Liability Partnerships (LLPs)
- Any association of persons
- Cooperative societies
- Any other undertaking
Documents Required for MSME Registration
The following paperwork is required for an entrepreneur to apply for Udyam Registration:
- PAN Card Number
- Aadhaar Number
- Proprietorship Firm
- Partnership Firm
- Hindu Undivided Family (HUF)
- Limited Liability Partnership (LLP), Company, Cooperative Society, Or Trust
- GST Number
Benefits of Udyam Registration For MSMEs
- Obtain loans from banks and other financial organizations without the need for collateral.
- Multiple licenses and registrations are easily accessible.
- concession rate on utility bills of different kinds, such as power bills.
- Get an extension to make late payments.
- bank loans with low-interest rates and subsidies.
- Barcodes and patents are eligible for subsidies.
- support based on credit score.
- exemptions under some direct tax categories.
- The cost of ISO certification would be covered.