INSTRUCTIONS TO FILL APPLICATION FORM FOR MSME REGISTRATION
OTP REQUIREMENT FOR PROCESSING NEW UDYAM REGISTRATION
1. While Aadhaar Card Validation.
2. While final Submission of the Application.
3. While Printing the Certificate.
Udyam registration is a process in India for registering micro, small, and medium enterprises (MSMEs) online. It replaced the earlier system of Udyog Aadhar registration. It's aimed at simplifying the registration process for MSMEs and providing various benefits and incentives. To register, MSMEs need to provide their Aadhaar number, PAN card details, business information, and other relevant documents.
The process of Udyam registration involves the following steps:
Visit the official Udyam registration portal. Udyam re registration.
Fill in the required information about your business, including its name, type, address, PAN card details, bank account information, etc.
Provide additional details such as the date of commencement of business, number of employees, investment in plant & machinery/equipment, etc.
Verify the details provided and submit the registration application.
Once submitted, you will receive an acknowledgment with a unique Udyam registration number (URN) and a certificate of registration.
Your business is now officially registered under the Udyam scheme, and you can avail of various benefits and incentives provided to MSMEs by the government.
It's important to ensure that all the information provided during registration is accurate and up-to-date to avoid any discrepancies or issues later on.
Udyam registration, introduced by the Indian government, is a simplified online registration process for micro, small, and medium enterprises (MSMEs). It replaced the previous Udyog Aadhaar registration system. The registration is based on self-declaration and requires minimal documentation.
Key points about Udyam registration:
Eligibility: MSMEs involved in manufacturing or service sectors can register under Udyam. The classification is based on investment in plant & machinery or equipment and turnover.
Online Process: The registration process is entirely online through the official Udyam registration portal. It involves providing basic business details, Aadhaar, PAN, and other relevant information.
Unique Udyam Registration Number (URN): Upon successful registration, the MSME receives a unique URN and a certificate, providing official recognition.
Benefits: Registered MSMEs gain access to various government schemes, subsidies, and incentives aimed at promoting their growth and development.
Verification: The government may conduct post-registration verification of the information provided by the MSMEs.
Modification: MSMEs can update or modify their registration details, such as turnover or investment, if there are changes in their business operations.
Simplified Classification: MSMEs are classified based on their investment in plant & machinery or equipment and turnover. This classification helps in determining the eligibility for various government schemes and benefits.
Aadhaar Integration: Aadhaar integration simplifies the registration process by providing a seamless way to verify the identity of the applicant. It also enhances the security and authenticity of the registration process.
Ease of Compliance: Udyam registration reduces the compliance burden on MSMEs by streamlining the registration process and providing a single platform for accessing government benefits and services.
Transparency and Accountability: The online nature of Udyam registration promotes transparency and accountability in the MSME sector. It allows for easy tracking of registrations and ensures that only eligible businesses receive government support.
Awareness and Outreach: The government has conducted extensive awareness campaigns to educate MSMEs about the benefits of Udyam registration. This has helped in increasing registration numbers and bringing more businesses into the formal sector.
Single Registration for Multiple Activities: MSMEs engaged in multiple activities (manufacturing and service) can register under Udyam using a single registration, simplifying the process for businesses with diverse operations.
Provision for Startups: Udyam registration also caters to startups by providing them with the necessary recognition and support as MSMEs. This encourages entrepreneurial ventures and innovation.
Integration with Government Initiatives: Udyam registration is integrated with various government initiatives aimed at supporting MSMEs, such as the Atmanirbhar Bharat Abhiyan, Make in India, and Startup India, further enhancing the benefits available to registered businesses.
Facilitation by MSME Ministry: The Ministry of Micro, Small, and Medium Enterprises (MSME) actively facilitates the Udyam registration process through its initiatives and support systems, ensuring that MSMEs receive assistance at every step of the registration process.
Legal Protection: Udyam registration provides legal protection to MSMEs, making them eligible to file complaints related to delayed payments through the MSME Samadhan portal and seek timely resolution of disputes.
Growth Opportunities: Beyond accessing benefits and incentives, Udyam registration opens doors to networking opportunities, collaborations, and access to markets, contributing to the overall growth and sustainability of MSMEs in India.
Overall, Udyam registration streamlines the process for MSMEs to avail of benefits and support provided by the government, contributing to the growth of the MSME sector in India.
Frequently Asked Questions
The Udyam registration procedure is intended to streamline the registration process for MSMEs by giving them with a unique identification number known as the Udyam Registration Number (URN). This registration is used for in order to take advantage of the various perks and schemes provided by the government to promote and support MSMEs.
Udyam registration is now required for all MSMEs. It offers numerous incentives to assist MSMEs to prosper, including Banks and financial institutions offering collateral-free loans with subsidized interest rates.
There is no difference among MSME and Udyam in that the Udyam registration certificate identifies a business as an MSME. Udyog Aadhar was the previous platform that required registration for MSME status recognition.
The format and digits of the Udyam registration number are as follows: UDYAM-XX-00-0000000.The first five digits of every Udyam Registration Number, i.e. UDYAM, are the same. The sixth and seventh digits are the state code for the state where the registration was completed. For each URN, the eighth and ninth digits will be zero.
Yes, a financial enterprise account is needed for Udyam registration. Other documents required for Udyam registration include: Aadhaar card, PAN card, and GSTIN (if applicable), Proof of business address, such as utility bills or a property tax receipt.
No, no firm can file for more than one Udyam Registration.
The Udyam Registration certificates is legitimate for life. However, the details must be updated on a regular basis. Companies are able to modify their registration information online at any time.
The NIC code is an actual 5-digit code assigned to every commercial enterprise employer activity. The NIC code is used by the government to categorize and identify enterprises based on their commercial activities.
To obtain an MSME certificate, commonly known as an Udyam or Udyog Aadhaar Certificate, go to the Udyam registration web page and apply online. The certificate stays valid for all of the time of the company's registration.
Fill Application Form Above
Make Online Payment
Get Call OTP Verification 
Receive Confirmation Mail