MSME Registration: Complete Online Process

MSME stands for Micro, Small, and Medium Enterprises. Udyam is a website that allows you to register a manufacturing or service sector company in India. Udyam registration is a new way to register Micro, Small, and Medium Enterprises in India also said as MSME Registration.

 MSMEs are divided into two groups: 

 Service Enterprise 

Manufacturing Enterprise

 Turnover Classification of Micro, Small, and Medium-Sized Businesses

Certificate of MSME Registration

The MSME Registration Certificate provides proof that a small business has been registered. Individuals or organisations who register their MSME business are issued a unique number through the MSME Registration Portal. It is a document that certifies the company and is given to business owners after MSME registration.

 The Advantages of MSME Registration

• Can take advantage of government schemes
• Electricity bills will be reduced.
• Interest rate subsidy on bank loans
• Can take part in international trade shows
• In the case of a delayed payment, there is protection.
• ISO Certification Protection

 How to Register Under Micro, Small, and Medium-Sized Enterprise (MSME)

• Visit the MSME Registration Portal for further information.
• Select MSME Registration from the drop-down menu.
• Fill out the application form and enter all of the essential information.
• Make a payment for the application's processing.
• The application will be processed by one of the representatives.
• In 1-2 hours, you will have your MSME certificate in your registered mail id. 

Required Document for MSME Registration

1. PAN Card
2. GSTIN
3. Aadhaar Card

 Existing Businesses Can Apply for MSME Registration 

All existing MSME enterprises must register/convert to a new UDYAM as soon as possible, according to the announcement of June 26, 2020. According to the new registration plan, every business unit registered through MSME / Udyog Aadhaar would be considered as a genuine MSME by March 31, 2021. This means that on or before March 31, 2021, all present MSME enterprises must register/convert to be eligible for MSME Benefits. 

To begin your Udyam registration, click here. Make sure to take advantage of all of the government's perks for MSMEs, as stated in the Udyam registration certificate.

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