MSME Registration: Udyam Registration Zero Cost No Govt Fees

What is a MSME (Udyam Registration) …?

MSME Registration: Udyam Registration Zero Cost No Govt Fees

The Micro, Small and Medium Enterprises (MSMEs) support industries as ancillary units, thereby contributing enormously to the overall industrial development of the country. These enterprises are engaged in the production, manufacturing and processing of goods and commodities

Get Your MSME / Udyam Registration Through Taxcure India

Micro Small Medium Enterprises (MSME Definition)

Types of Enterprises	Investment	Turn Over
Micro	Rs. 1 Crore	Rs. 5 Crore
Small	Rs. 10 Crore	Rs. 50 Crore
Medium	Rs. 50 Crore	Rs. 250 Crore

• MICROENTERPRISES MSME registration is also called Udyam registration. The entities that fulfil the MSME classification can apply for MSME registration from the government portal, the Udyam portal. The MSME registration is entirely online and can be obtained from the Udyam registration portal
• SMALL ENTERPRISESSmall manufacturing enterprises may invest between Rs. 25 lakhs to Rs. 5 crores, while small service enterprises may invest between Rs. 10 crores to Rs. 50 crores in plant and machinery.
• MEDIUM ENTERPRISES Medium manufacturing enterprises may invest between Rs. 5 crores to Rs. 10 crores, while small service enterprises may invest Rs. 50 crore and Rs. 250 crores in plant and machinery

MSME/Udyam Registration Eligibility

• All manufacturing, service industries, wholesale, and retail trade that fulfil the revised MSME Registration
• Individuals, startups, business owners, and entrepreneurs
• Private and public limited companies
• LLP Companies
• Sole proprietorship
• Partnership firm
• Self Help Groups (SHGs)
• Co-operative societies
• Trusts
• HUF

Benefits of MSME/Udyam Registration

• Collateral Free Loans.
• Overdraft Interest Subvention.
• Subsidy on Patent Registration.
• Industrial Promotion Subsidy.
• Timely Payments by Buyers.
• Free ISO Certification

Required Documents For MSME / Udyam Registration

• PAN CARD
• ADHAR CARD
• PHOTO
• MOBILE NO
• EMAIL ID
• TRADE NAME (XYZ ENTERPRISES)
• LIGHT BILL (For Address)
• CANCELED CHEQUE

Registration Process For MSME/Udyam Registration

PAN cards, identity and address proofs of the proprietor/partners/directors needs to be submitted. Private limited companies must submit the MOA and AOA, Form 18, Form 32 and the Incorporation Certificate, while Partnership firms must submit the Partnership Agreement.

The rental agreement for the business address, if rented, with the electricity bill.

File the application with the relevant state office. Few additional documents may be needed for submission at this stage, as the process differs from state to state. Certain states require MSMEs to produce sale bills of machinery and municipal clearance.

MSMEs will be thus, issued a provisional certificate (if the unit has not started production) which is valid for five years. A permanent certificate will then be issued after the plant & machinery is operational.

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