MSME Registration

MSME Registration

MSME registration is a free of cost process that can be done on the official website, Udyam Portal. The Ministry of MSME issues an e-certificate known as the Udyam Registration Certificate to MSMEs in India. The certificate contains a QR Code, from which the enterprise details can be accessed. An enterprise having an MSME registration is known as Udyam, and the permanent identity number assigned to by the Ministry of MSME is known as the ‘Udyam/MSME Registration number’. The MSME Registration Certificate will contain the 19-digit MSME/Udyam Registration Number.

The registration process is entirely online and can be obtained from the Udyam registration portal. It is not mandatory for MSMEs to obtain this registration, but it is beneficial to get one’s business registered under this because it provides a lot of benefits in terms of taxation, setting up the business, credit facilities, loans, etc. All manufacturing, service industries, wholesale, and retail trade that fulfill the MSME classification can apply for MSME registration.

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