What Does Udyam Registration Mean?
The Indian government introduced Udyam Registration on July 1, 2020, as a new MSME registration technique with the purpose of streamlining the former Udyog Aadhaar/MSME registration procedure.
In this comprehensive guide to Udyam Registration, learn everything you need to know.
MSME Enterprises: A New Classification
Enterprise |
Investment |
Turnover |
Micro Enterprise |
Should not be more than 1 Crore |
Should not be more than 5 Crore |
Small Enterprise |
Should not be more than 10 Crore |
Should not be more than 50 Crore |
Medium Enterprise |
Should not be more than 50 Crore |
Should not be more than 250 Crore |
Advantages of registering for Udyam
The following are some of the most notable benefits of udyam registration that you should be aware of:
1. Benefits of Government Schemes
2. A no-collateral or no-security loan is provided.
3. Payment of electricity and water bills is subsidised.
4. You will be covered in the case of a default or payment delay.
Process to get Udyam Registration for a Sole Proprietorship Firm
Following are the steps to register your sole proprietorship firm with Udyam Registration.
Step 1 : Visit Udyam Registration portal
Step 2 : Click on the Udyam For Proprietor.
Step 3 : Fill the Online application form correctly.
Step 4 : Pay online for your online application form.
Step 5 : Our expert will review your udyam application and process your form.
Step 6 : Within 1-2 hours, you will receive your Udyam certificate for your sole proprietorship firm at your registered email address.
NOTE : For OTP (One Time Password) verification, one of our representatives will contact you. You must provide the Otp to our agent in order for us to process your certificate.
Required Document For Sole Proprietorship
Check what documentation you'll need for Udyam Registration for your sole proprietorship business.
1. Aadhaar Card.
2. GST Number.
3. PAN Card (Permanent Account Number)
About registrationmsme.com
We were a private consulting firm that focused on MSME/Udyam registration. Our professionals are well-versed in the MSME registration procedure and are dedicated to making our clients pleased.
Please contact our customer service staff at registrationmsme.com if you have any questions about Udyam Registration.