MSME Registration
MSME (Micro, Small & Medium Enterprises) Registration is a government-recognized certification that helps small businesses avail benefits under the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006. It is now known as Udyam Registration and can be done online via the Udyam Portal.
Benefits of MSME Registration:
- Collateral-Free Loans – Easy access to business loans under government schemes.
- Subsidies & Tax Benefits – Lower interest rates and tax exemptions.
- Priority in Government Tenders – Preference in procurement processes.
- Protection Against Delayed Payments – Legal support for pending dues from buyers.
- Rebate on Trademark & Patent Fees – Up to 50% discount on registrations.
MSME Classification(Based on Turnover & Installment)
| Enterprise Type | Investment (Plant & Machinery/Equipment) | Annual Turnover |
|---|---|---|
|
Micro |
Up to ₹1 crore |
Up to ₹5 crore
|
|
Small |
Up to ₹10 crore |
Up to ₹50 crore
|
|
Medium |
Up to ₹50 crore |
Up to ₹250 crore
|
How to Register for MSME (Udyam Registration)?
- Visit the Udyam Registration Portal – https://udyamregistration.gov.in
- Enter Aadhaar & PAN Details – Required for business authentication.
- Fill Business Information – Name, type, turnover, and investment details.
- Verification & Submission – Generate the Udyam Registration Certificate after approval.
- MSME registration helps small businesses gain financial and government support for growth and expansion.
Documents Required for MSME (Micro, Small, and Medium Enterprise) Registration
- Aadhaar Card of the applicant (individual or authorized signatory).
- PAN Card of the applicant or business entity.
- GST Registration Certificate (if applicable).
- Business Address Proof (Utility Bill, Lease Agreement, etc.).
- Bank Account Details (Cancelled cheque or bank statement).
- Documents of business operations (sales, production, etc.).
- Investment and Turnover Details (to determine the category of MSME).