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Online MSME/ Udhyog Adhar Registration

MSME widely known as Micro, Small and Medium Enterprises are one of the key drivers behind the growth story of India. To promote and develop small scale industries an act known as Micro Small and Medium Enterprise Development Act, 2006 notified by Indian Government in 2006 under which a certificate issued to these enterprises known as Udhyog aadhar Certificate.

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How to get MSME/ Udhyog Adhar Registration
Get your Udhyog Aadhar and take the benefits of the scheme of Government in three easy steps by Tax my Tax
Step 1 Concept

One of our team member will connect with you and help you to understand the concept and benefits you can get from MSME/Udyog Aadhar card

Step 2 Docs and Upload

After getting all the documents ready , our team will upload on portal and get you the Registration certificate

Step 3 Certificate

After getting the Udyog Aadhar certificate, our team will help you to get the maximum benefits of government and bank schemes

General Overview and Concept

Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country.

MSME Classification

Micro Enterprise
A manufacturing & Servicing Sector both should have investment of less than Rs. 1 crore or Turnover less than 5 crore.

Small Enterprise
A manufacturing & Servicing Sector both should have investment of less than Rs. 10 crore or Turnover less than 50 crore.

Medium Enterprise
A manufacturing & Servicing Sector both should have investment of less than Rs. 50 crore or Turnover less than 250 crore.

Schemes under MSME

Followings are some schemes which provide benefit to Udhyoog Aadhar holder.
  1. A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE)
  2. Khadi and Village Industries Commission (KVIC)
  3. Prime Minister Employment Generation Programme(PMEGP)
  4. Domestic Market Promotion Scheme (DMP)
  5. Market Promotion & Development Scheme (MPDA)
  6. Science and Technology Scheme
  7. Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
  8. Technology and Quality Upgradation Support to MSMEs

Features of MSME

Following are some of the essential elements of MSMEs –
  1. Promotes the development of entrepreneurship as well as up-gradation of skills by launching specialized training centers for the same. MSMEs . They help them by giving employment and by providing loans and other services.
  2. MSME provide credit limit or funding support to banks.
  3. Work for the welfare of the workers and artisans
  4. Supports the up-grading of developmental technology, infrastructure development, and the modernization.
  5. To provide reasonable assistance for improved access to the domestic as well as export markets.
  6. Supports product development, design innovation, intervention, and packaging.
  7. Offer modern testing facilities and quality certification services.

Highlights of new MSMEs

‘Atma Nirbhar Bharat Abhiyan’ or the Self-Reliant India Scheme of 2020 by the Government of India has given a new definition for MSMEs.

Following are a few highlighting features of new MSMEs –
  1. A provision of Collateral Free Loans to MSMEs
  2. An arrangement of loans to MSMEs MSME worth of Rs. 3 lac crores
  3. An offer for MSMEs to get a Moratorium period of 12 months
  4. Consideration of Manufacturing and Service MSMEs as the same entities
  5. MSM is a granted a repayment Tenure of 48 months
  6. MSMEs are assured a 100% Credit Guarantee
  7. Reclassification of MSMEs will benefit approximately 45 Lac units.

Documents required to get Registration under MSME


Followings documents submitted with us for generating the MSME certificate.

1. Aadhar Card
  • Applicants Aadhar in case of proprietorship.
  • Partners Aadhaar in case of a partnership.
  • Directors Aadhaar in the case of a company.
  • Designated Partners Aadhaar in the case of LLP
Note- Aadhar card should be linked with the phone no. of applicant

2. Identity and address proofs of the Propreitor/Partners/Directors
4. Rent Agreement in case property is rented
4. Partnership Agreement in case of Partnership
5. Certificate of Incorporation in case of Company
6. Bank details
7. Number of persons employed

FAQs

Are traders eligible for MSME?

yes, any business constitution can take Udyog Aadhar registration

Who are eligible for MSME?

Proprietorships, Partnership Firm, Private Limited Company Public Limited Company, Limited Liability Partnership, Hindu Undivided Family, Self Help Groups Society / Co-Operative Society Trust

How do you benefit from MSME?

One of the simplest MSME registration benefits, businesses registered under the MSME Act can avail a concession on electricity bills. All they have to do is submit the bills along with an application and a copy of the registered certificate by MSME.

What is difference between MSME and SSI?

There is no difference between MSME and SSI. Small Scale Industries (SSI) are those industries in which manufacturing of goods, production of goods and providing services are all done on a small scale or micro scale

Is MSME Certificate and Udhyog Adhar same?

Well, MSME registration and Udyog Aadhar Registration both are similar but different. Udyog Aadhar is just an easy way of acquiring MSME registration. Udyog Aadhar Registration is an online method by which an MSME can get the 12-digit Udyog Aadhar Number. And, later go for MSME registration.

What is UAM Number?

Udyog Aadhaar Memorandum (UAM) is a single-page registration that is equivalent to the previous 11 forms protocol for self-certification of the MSMEs. This could be proving the existence of the establishment, owner's or promoter's identity.

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