We've explained everything you need to know about this topic, including what MSME is, what MSME Udyam Registration means, and what an Udyam Certificate is. We've also covered nearly all the benefits of having an Udyam Certificate and the simple step-by-step process to apply for one online from the comfort of your home without any hassle.
If you are a small-scale industrialist, small company owner, or a service provider in India, then you should register to MSME and get an Udyam Registration Certificate for your business. Getting an MSME Udyam Registration will help you get lots of benefits from the Ministry of MSME. The process of MSME registration in India is now known as Udyam Registrati, and the e-certificate that you get for your business/ company/ firm is known as the Udyam Registration Certificate.
The Micro, Small and Medium Enterprises MSME is a Ministry under the Government of India (GoI) for dealing with the development of all the Small Scale Industries (SSI) in India and helping them grow, which is very beneficial for our Country’s economy.
An Udyam Registration Certificate is a 16-digit unique number provided to you by the ministry of MSME, which means your firm/ company/ enterprise/ business is registered and recognized by the Ministry of MSME, by which you can avail all the benefits for your business. For more details on the udyam certificate.
| Enterprise | 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 |
| Revised Definition |
|---|
| Enterprise | Investment in plant and machinery or equipment | Turnover |
|---|---|---|
| Micro Enterprise | Up to ₹2.5 crore | Up to ₹10 crore |
| Small Enterprise | Up to ₹25 crore | Up to ₹100 crore |
| Medium Enterprise | Up to ₹125 crore | Up to ₹500 crore |
Access to greater credit & hassle-free loans – The Applicant can get Loans to expand his/her business easily hassle free because there are a variety of loan schemes as per your business, and also they are enforced by the Government to the Banks to provide these loans to the MSME-registered Firms.
Subsidy on Patent – If the business/ company/ firm wants to file a patent on a product or a research, then a subsidy up to 50% is provided by the Government only if the firm is registered under MSME.
Priority Sector Lending – It is a type of Loan which Banks are enforced by RBI and the Government of India (GoI) to give to the Agricultural, Small Scale Industries (SSI), Small Business or Service Enterprises, Micro Finance Industries etc. for development of the basic needs of the country.
Income Tax Exemptions – The Business or Firm can get an exemption in the total of the Income Tax liability it has to pay.
Grants of Capital for Infrastructure development – The Company will easily get plots and loans for its Infrastructure to be built, which is given by the Government (GoI) for the establishment & growth of Scale Industries in India.
ISO Certification Charges Reimbursement – The Company can claim the reimbursement of the expenses it has to spend for the ISO certification.
Market Development Assistance Scheme – This program helps MSMEs to develop as well as expand the market of the Micro-Enterprise/company/Firm by encouraging them to take part in National and International Exhibitions. The Government of India (GoI) supports the MSMEs to participate in these Exhibitions and build their customers not only in India but also across the Globe.
Low Rate of Interest on Overdraft – The Company/ Enterprise/ Business gets very low interest rates up to 1% on Bank overdraft (this may vary upon banks, but still, the rate will be very low).
Technology Support to MSMEs – This scheme is made to encourage & implement the uses of Energy-efficient Technologies (EETs) & other new milestone technologies in the Company’s manufacturing units to reduce the cost of production, speed of production as well as quality of the production.
For the registration of your firm, you need the following documents:
Step 1: Visit the Udyam Registration portal.
Step 2: Fill out the Udyam Registration Application form
Step 3: Pay the online fees for your application for Udyam registration
Step 4: The concerned representative will verify your Udyam Registration Application
Step 5: In just 1-2 working hours, you will get your MSME Udyam Registration certificate to your registered email address
Note: You need to share the OTP with the representative for further processing
We are professionals when it comes to MSME registration online, as we are private consultants helping small and medium enterprises with legal registration works. Get our help just by filling out the application form and making the payment for the service.
We will assist you in every process of getting an MSME Udyam Registration Certificate. Here are the various Udyam Registration Services we offer:
Update Udyam Registration Certificate
Registration of existing udyog Aadhaar
Print Udyog Aadhaar Certificate
Print Udyam Registration Certificate
Udyam Registration for Proprietor
Udyam Registration for Partnership Company
Udyam Registration for Private Limited Company
Udyam Registration for Public Limited Company
You can contact our customer support team 24/7 for assistance. Simply fill out the complaint form on our website, and our team will respond with a solution shortly
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Lokesh Rawat, From Madhya Pradesh
Recently applied MSME Certificate
