MSME Registration
Also known as Udyog Aadhaar Registration / Udyam Registration
what is MSME Registration?
The Government of India has introduced the MSMED Act to protect the interest and facilitate Micro, Small and Medium Enterprises for ease of doing business. It is an online registration and also known as Udyog Aadhaar registration. Before the introduction of the MSMED Act, it was known as SSI Registration (Small Scale Industries Registration). This registration is valid for the lifetime.
Wisefilings is here to guide you with the complete procedure for the MSME Registration. It will allow you to avail the benefits provided by the government for the growth of the business. Be Wise Be Compliant!
Who can apply for MSME registration?
The manufacturers and service providers fall under the specified criteria can only register under MSME, hence traders cannot be registered.
Criteria for MSME Registration
Type of Enterprise | Manufacturing Sector (Investment in plant & machinery) | Service Sector (Investment in equipment) |
Micro | Up to 25 Lakh | Up to 10 Lakh |
Small | Up to 5 crore | Up to 2 crore |
Medium | Up to 10 crore | Up to 5 crore |
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Benefits of MSME Registration
MSME Registration
- Government subsidies
- Bank Loans at low-interest rates
- Protection against delayed or non-payment from debtors
- Subsidy in Patent and Trademark Registration government fees
- Subsidy in Industrial Promotion
Required Documents for MSME Registration
Documents required
- Aadhaar Card
- Pan Card
- GST registration certificate in case of a private limited company or LLP
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MSME Registration
Yes, MSME is online registration. The Government has its official website.
For MSME registration, PAN card, and Aadhaar card are required.
There are no government fees for MSME registration.
No, the government does not provide any physical copy of the MSME registration certificate.
No, trading business activity cannot be registered under MSME. Only the manufacturing or service industry can register under MSME.
You can get MSME registration in a day.
For MSME registration of a private limited company, the PAN of the company is required and Aadhaar card of any of the directors can be provided.
At the time of registration, you need to submit MSME registration certificate.
MSME registration is valid for the lifetime.
No, you need to take only one registration but you have to submit the details of other units at the time of registration.
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