Overview of MSME/Udyam Registration

MSME/Udyam Registration is aimed at offering maximum benefits to small and medium businesses in India, contributing to the long-term growth of the Indian economy.

To register under MSME/Udyam, proprietors/partners/directors need to provide their Aadhar card details, including the 12-digit Aadhar number.

Eligible organizations for Udyam Registration are those engaged in manufacturing, production, processing, or preservation of goods, or providing services. Traders involved in buying, selling, importing, or exporting goods are not eligible for Udyam Registration.

Businesses are categorized under MSME based on their investment and turnover:

• Micro Business: Turnover below 5 Cr and investment below 1 Cr.

• Small Business: Turnover up to 50 Cr and investment up to 10 Cr.

• Medium Enterprise: Turnover up to 250 Cr and investment up to 50 Cr.

Frequently asked questions

Does having an MSME registration help in Trademark Registration?

Having an MSME registration entitles businesses to a 50% discount on trademark application fees, reducing the cost of trademark registration significantly.

Who is eligible to apply for MSME registration?

All operational MSMEs that fall within the definition outlined in the MSMED Act and are not classified as ineligible activities are eligible for registration, provided they are running units.

Is MSME registration compulsory?

While not mandatory, MSME Registration is highly recommended for Micro, Small & Medium Enterprises (MSMEs) as it enables them to access a range of benefits under the MSME Act.