Online MSME/Udyam Registration

@ ₹1499 ₹1999 Only/-(GST as applicable)

Apply Online Udyam registration by experts.

Minimum Documents required

Get your MSME certificate in 30 mins*

Google Reviews

4.7 View all reviews (100K+ Clients)

I always took service's from Taxring. They are very dedicated for their work & services and also their staff are very professional in their work so I will highly recommend to everyone for talking services regarding ITR & GST

-- Priyanka Chaudhary

I availed services from taxring it's convenient and easy process of tax filing and also all staff are professional. Finally I recommend to every one to use taxring services.
 

-- RAM AHARE

Best and most credible company for filing ITR and GST. Happy to see their hard work in providing best services to the customers. I'm fully satisfied with their service. Are u looking for filing itr or gst then u must go there.

-- Adesh Shakya

Apply for MSME/Udyam Registration

(Limited Period Offer)

Or

Apply Online Now

Documents Required udyam-registration

  • PAN Card of the Partnership Firm
  • Aadhar Card of Partners
  • Bank Account Details with IFSC
  • GST Certificate
  • PAN Card of the Company
  • Aadhar Card of Authorized Signatory/Director
  • Bank Account Details with IFSC
  • GST Certificate

Steps for Udyam Registration Process

Experience a streamlined, 100% digital registration process with Taxring.com

  • Fill Application form: Complete the application form effortlessly on Taxring.com.
  • Upload the required document: Digitally upload necessary documents.
  • Make online payment: Conveniently complete your payment online.
  • Application process by expert: Our experts process your application promptly.
  • Additional Details Collection: Our team will contact you for additional details, documents, and OTPs necessary for application processing.
  • Certificate Delivery: Receive your Udyam registration certificate promptly via your registered email.
  • Benefit from a smooth and efficient registration experience with Taxring.com, ensuring compliance and ease throughout the process.
Udyam Registration

Our Features & Specialization

  • A highly experienced team to handle your needs effectively.
  • Nominal fees
  • Affordable fees that fit your budget.
  • Comprehensive customer support available year-round.

About Udyam/MSME Registration

Udyam Registration, alternatively referred to as MSME Registration, entails obtaining government approval and receiving an Udyam Recognition Certificate along with a Unique Number. These credentials are crucial for legal and operational validation of small and medium-sized enterprises (SMEs).

Once registered under MSME, businesses gain access to a host of government benefits such as priority in government tenders, improved access to credit facilities, subsidies, and participation in various schemes. This registration also significantly enhances the ease of conducting business operations.

Benefits of MSME Udyam Registration

  • Government Tender Preference: Enjoy priority in procurement for government tenders.
  • Lower Interest Rates on Bank Loans: Access bank loans at reduced interest rates, potentially up to 1.5% lower.
  • Priority Sector Lending Eligibility: Udyam registration are eligible for priority sector lending from banks.
  • Protection Against Delayed Payments: Safeguard against delayed payments to vendors.
  • Trademark/Patent Fee Discounts: Benefit from a 50% discount on trademark and patent registration fees.
  • Business Registration Certification: Serve as a recognized business registration certificate across different entities.
  • Tax Rebates: Eligible for various tax rebates aimed at reducing financial burdens.

Eligibility for Udyam Registration

Udyam registration is open to various entities including proprietorships, partnerships, Hindu Undivided Family (HUF), private limited companies, public limited companies, limited liability partnerships (LLPs), and other associations. Entities qualify based on their classification as micro, small, or medium enterprises, determined by their investment in plant and machinery or equipment, along with annual turnover. Specific eligibility criteria may vary depending on the sector of operation, necessitating adherence to government guidelines

Enterprises are eligible to get registration under MSME with the below threshold limit and those entities who engaged in Trading, Manufacturing & Services.

Enterprises seeking MSME registration are categorized into three types: -

  1. (a) Micro Enterprises
  2. (b) Small Enterprises
  3. (c) Medium Enterprises
These classifications help in determining the level of benefits and support MSMEs can access, tailored to their operational scale within Trading, Manufacturing, and Services sectors.
Type of Entity Investment in Plant & Machinery/Equipment Annual Turnover:Below 250 Crore INR
Micro Enterprises Below 1 Crore INR Below 5 Crore INR
Small Enterprises Below 10 Crore INR Below 50 Crore INR
Medium Enterprises Below 50 Crore INR Below 250 Crore INR

Differences between MSME registration and Udyam registration

MSME (Micro, Small, and Medium Enterprises) registration and Udyam registration denote the same process with a shift in terminology. Introduced by the Government of India in 2020, Udyam registration replaced the earlier MSME registration system to streamline processes and bolster the ease of doing business for micro, small, and medium enterprises (MSMEs).

  1. 1.Name Change:The primary difference lies in the change of nomenclature from MSME registration to Udyam registration, reflecting the updated regulatory framework.
  2. 2.Online Portal: Udyam registration operates through the dedicated Udyam Registration portal, offering a simplified and user-centric interface for businesses to register as micro, small, or medium enterprises.
  3. 3.Registration Criteria: The classification criteria for micro, small, or medium enterprises remain consistent with the previous MSME registration system, focusing on factors such as investment in plant and machinery/equipment and turnover.
  4. 4.Aadhaar Integration: Udyam registration mandates the integration of the Aadhaar number of the business owner or authorized signatory, ensuring streamlined verification during registration.
  5. 5.PAN Integration: Permanent Account Number (PAN) details are also integrated into the Udyam registration process for authentication purposes, aligning with regulatory requirements.
  6. 6.Self-Declaration: A notable feature of Udyam registration is the concept of self-declaration, where businesses can certify their existence and details without the need for document uploads during the registration process.
  7. 7.Ease of Updation: Udyam registration allows businesses to easily update their information, including investment and turnover details, through a self-managed process.
  8. 8.No Renewal Requirement: Unlike MSME registration, Udyam registration does not necessitate renewal. Once registered, the Udyam number remains valid indefinitely.

Businesses are advised to utilize the official Udyam Registration portal for their MSME registration requirements, ensuring adherence to current guidelines established by the Ministry of Micro, Small & Medium Enterprises, Government of India. This ensures compliance and maximizes the benefits available under the Udyam framework.

Frequently Ask Question (FAQ)

  • Q.1.What is Udyam registration?

    Ans: Udyam registration is the process through which micro, small, and medium enterprises (MSMEs) in India register themselves on the official Udyam Registration portal to access various government benefits and schemes.

  • Ans: Any business entity classified as a micro, small, or medium enterprise based on their investment in plant and machinery or equipment and turnover can apply for Udyam registration.

  • Ans: You can apply for Udyam registration online via the official Udyam Registration portal. The registration process involves a straightforward self-declaration.

  • Ans:Udyam registration is based on self-declaration, and no documents need to be uploaded during the registration process. However, accurate information must be provided.

  • Ans: Yes, the Aadhaar number of the business owner or authorized signatory is mandatory and integrated into the Udyam registration process for verification purposes.

  • Ans: Udyam registration offers benefits such as easier access to credit, government subsidies, preference in government procurement, and various support measures designed to foster the growth of MSMEs.

  • Ans: Yes, businesses can easily update their details, including investment and turnover figures, through the self-managed update feature available on the Udyam Registration portal.

  • Ans: No, Udyam registration does not require renewal. Once registered, the Udyam number remains valid indefinitely.