msme registration

MSME Registration: Micro, Small, and Medium Enterprises

Other

MSME stands for Micro, Small, and Medium Enterprise. It was introduced by the Government of India in agreement with the Micro, Small, and Medium Enterprises Development (MSMED) Act of 2006. As per this act, MSMEs are the enterprises involved in the production, processing, or preservation of goods and commodities. Vital for economic growth, this sector contributes around one-third of the country’s GDP and generates employment for around 110 million of the population.

MSME Classification:

  • Micro Enterprise
    • 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
  • Small Enterprise
    • 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.
  • Medium Enterprise
    • 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.

Micro-Enterprise Reg.

50,58,056

SmallEnterprise Reg.

2,82,405

Medium Enterprise Reg.

32,268

Documents Required:

MSME Registration is free, paperless, and based on self-declaration

  • MSME registration process is fully online, paperless and based on self-declaration.
  • No documents or proof are required to be uploaded for registering an MSME.
  • Only Adhaar Number will be enough for registration.
  • PAN & GST linked details on investment and turnover of enterprises will be taken automatically from Government data bases.
  • No enterprise shall file more than one Udyam Registration. However, any number of activities including manufacturing or service or both may be specified or added in one Registration.

Did you know?

  • Any person who intends to establish a micro, small or medium enterprise may file Udyam Registration online in the Udyam Registration portal, based on self-declaration with no requirement to upload documents, papers, certificates or proof.
  • On registration, an enterprise (referred to as “Udyam” in the Udyam Registration portal) will be assigned a permanent identity number to be known as “‘Udyam Registration Number”.
  • An e-certificate, namely, “Udyam Registration Certificate” shall be issued on completion of the registration process.

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