Udyog Registration

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Here’s How It Works

Three simple steps you will get started in no time!

1

Once you submit your document, our team will verify it.

2

Submit the supporting documents to your Nimble Trio associate

3

Our team will assist MSME registration

 

 

Here’s What You’ll Need

Are you unsure of where to begin? These documents will help you get started. Take your business to the next level with just a few documents. Be quick!

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Did you know ?

1.In the last two years, the government’s Udyam portal has seen more than 1 crore MSMEs register themselves.

2.The government is considering introducing an MSME Code that would bring consistency to state and central rules for micro, small, and medium enterprises.

Overview - An Overview of Udyam (SSI / MSME) Registration

The term MSME stands for Micro, Small, and Medium Enterprises. These sectors play a crucial role in strengthening India’s economy, especially for a developing nation like ours. Their growth contributes significantly to the overall economic progress of the country. Small-scale industries are also referred to as SSIs.

Whether a business operates in the manufacturing sector or the service sector, it can apply for registration under the MSME Act. Although this registration is not mandatory yet, it is highly advantageous because it provides several benefits related to taxation, business setup, credit support, and loan facilities

Benefits - Benefits of Udyog Aadhaar Registration

Patent registration can be costly, especially when you have developed a new invention, product, or business model and want to secure it legally. With MSME registration, businesses can avail a 50% subsidy on patent filing fees. This initiative encourages more entrepreneurs to innovate and bring new ideas forward. The subsidy becomes accessible once the business is registered under the appropriate MSME category.

One of the major advantages of obtaining MSME registration is access to collateral-free business loans from banks and NBFCs. Registered SMEs and MSMEs can secure different types of financing—such as working capital loans and credit lines—without needing to provide any security.

MSMEs that maintain a strong credit record and a positive relationship with their banks can access overdraft facilities. For such businesses, the interest rate on overdraft accounts is reduced by 1%, offering a valuable financial advantage. However, since this benefit is not provided by every bank, MSMEs should confirm the availability of the facility with their respective lenders.

Credibility and trustworthiness take time to build. An organisation must follow regulations and stay compliant consistently to enjoy these advantages. By maintaining strong compliance, businesses can also attract substantial investments from external parties who are willing to contribute funds in hopes of gaining financial returns from such commitments.

One of the strongest aspects of the MSME sector is its stability, as it remains largely unaffected by external market pressures. This has played a major role in the sector’s overall success. A key contributor to this success is the government’s reservation policy, which grants certain MSME industries exclusive rights to produce specific goods. Additionally, under the Government Stores Purchase Program, the central government has reserved the procurement of more than 300 products exclusively from MSMEs. This support strengthens the MSME market and shields it from intense competition.

Some MSMEs may not be able to maximise their resources due to limited access to advanced technology. To address this, the government offers low-interest loans under the Capital Aid for Technological Upgrading Scheme, helping these businesses modernise their equipment with newer technologies. Through such financial support, the government aims to motivate more MSMEs to adopt and integrate technological advancements.

A major benefit of registering under the MSME scheme is the government’s protection against delayed payments. Delayed payments are protected against the buyers in business transactions. Any micro or small enterprise with MSME registration that supplies goods or services must be paid on or before the date agreed upon between the buyer and the micro or small enterprise. The buyer must make payment within fifteen days of accepting goods or services if there is no payment date on the agreement. The buyer is required to pay a fine if payment is delayed. Most MSMEs can avoid having bad debts or outstanding debtors because of this.

Checklist - Checklist of Udyog Aadhaar

Manufacturers and service providers who meet eligibility criteria may register under one program.

Process - How to Get Trade License With Nimble Trio

A trade license can be obtained online by following the steps below:

Step 1: Start Registration Process:

Start the MSME Registration

Step 2: Fill Application Form:

The first step is to complete the MSME registration form by providing essential details about your business, such as the company name, registration number, GST number, and other basic information.

Step 3: Enter Personal Details:

During the MSME registration process, you will need to provide your personal details, including your name, address, PAN card, bank account information, and other general information. You will also be required to upload a photograph, ensuring that its size meets the website’s specified limits.

Step 4: Executive Will Process Application:

An MSME officer will review your application during this process. If any discrepancies are found, you will be notified and asked to make the necessary corrections.

Step 5: Receive Certificate of Mail:

Once the form is completed, you will be issued an MSME registration certificate. You can download a sample certificate to see its format. The Ministry does not provide a physical copy; the certificate is issued digitally. This is the standard procedure for registering a company as an MSME. The registration process itself is completely free, although some online platforms may offer to complete the registration on your behalf for a service fee.

Features of MSME/Udyog Aadhar Registration

Micro, Small, and Medium Enterprises (MSMEs) can register under the MSMED Act to gain access to various benefits, subsidies, and government schemes.

Some key advantages include:

    • Multiple tax benefits for registered MSMEs

    • Easier access to bank financing, such as Mudra loans

    • Reduced interest rates on credit and overdraft facilities

Documents Required for Udyam Registration

The Udyam registration process is fully online and does not require uploading any documents. However, before applying, the business owner or authorised person must have the following details ready:

  • Proprietorship firms: Enter the proprietor’s Aadhaar number in the Udyam registration form.

  • Partnership firms: Enter the managing partner’s Aadhaar number.

  • Hindu Undivided Families (HUFs): Enter the Karta’s Aadhaar number.

  • Companies, LLPs, cooperative societies, societies, or trusts: Enter the organisation’s or authorised signatory’s Aadhaar number.

  • PAN card

  • GSTIN (if the enterprise is required to register under GST law)

What MSME Enterprises Means?

The Udyam registration process is completely online and does not require any document uploads. Before applying, the proprietor or owner should have the following information ready:

  • Micro Enterprises: These are the smallest business units. Micro manufacturing enterprises invest less than ₹25 lakh in plant and machinery, while micro service enterprises invest less than ₹10 lakh.
  • Small Enterprises: Small manufacturing enterprises have investments ranging from ₹25 lakh to ₹5 crore in plant and machinery. For small service enterprises, the investment ranges from ₹10 lakh to ₹2 crore.
  • Medium Enterprises: Medium manufacturing enterprises invest between ₹5 crore and ₹10 crore, while medium service enterprises have investments ranging from ₹2 crore to ₹5 crore.

What MSME Enterprises Means?

Small businesses and service providers only need to register for MSME/Udyam (formerly Udyog Aadhaar) if they want to access government benefits and subsidies. Registration is completely voluntary. The process is straightforward—especially if you have a manufacturing unit or a commercial space for providing services—which is why many businesses choose to register.

What MSME Enterprises Means?

  1. Document and Information Verification: Once the required information is submitted, all documents are carefully verified before moving forward with the registration process.

  2. Application Filing: After verification, the Udyam (formerly Udyog Aadhaar) application is officially filed.

  3. Official Confirmation: Upon submission, an acknowledgement and registration certificate are generated under the MSME Act, confirming the business’s registration.

FAQ's

No, an MSME/Udyam registration certificate is issued for a single entity, regardless of the number of branches or plants it operates. However, it is important to provide details of all branches or plants during the registration process.

While filling out the MSME registration form, the company's authorised signatory should provide the PAN and Aadhaar number.

To qualify for MSME registration, a business must meet the government’s specified investment or turnover criteria. The type of entity—whether an LLP, a one-person company, or a Hindu Undivided Family—does not affect eligibility.

If you do not start your business within five years of obtaining provisional registration, you will need to reapply. However, if your business begins within that five-year period, you can proceed to apply for permanent registration.

MSME certificates can be obtained within 5-7 days..

Udyog Aadhar, SSI, and MSME registration are all the same thing. Registrations are now uniformly referred to as udyam.

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