Udyam Registration

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MSME/Udyam Registration

Udyam Registration, also known as MSME Registration is a special status given by the Government to small and medium-sized Indian businesses. This Registration comes with a unique number and a certificate that says the company is a micro, small, or medium enterprise.

MSME Registration have long roots in India Economy and is playig a crucial roles for Small Businesses. Before Udyam Registration, it was known as Udyog Aadhar and before Udyog Aadhar it was known as SSI Certificate.

An enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria, namely
  • (i) A micro enterprise, where the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees
  • (ii) A small enterprise, where the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees and
  • (iii) A medium enterprise, where the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.

    • Benefits of MSME/Udyam Registration

    • Protection against delayed Payment. Payment in 45 days to Micro and Small Businesses.
    • Collateral Free loans.
    • Simplified Process in licensing and other Registration.
    • Waiver of Security deposing while procuring government tenders.
    • Data and Cloud Computing

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