Licenses & Permits
MSME Registration
Quick answer: Udyam registration is not merely a compliance formality — it is a strategic business decision that unlocks access to the full range of government MSME support schemes, priority-sector bank credit, and the protection mechanisms built into the MSMED Act 2006.
₹999
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Audience
Who needs MSME Registration?
- Proprietorships and partnerships looking to claim MSME interest-rate benefits
- LLPs and private limited companies seeking priority-sector bank loans
- Manufacturers and service providers bidding for government tenders
- New entrepreneurs wanting Udyam certificate before the first bank loan
- Existing MSMEs migrating from Udyog Aadhaar or EM-II to the new Udyam portal
How it works
- 1
MSME Classification Check
Confirm whether the unit qualifies as Micro, Small or Medium under the latest MSMED Act 2006 thresholds based on investment and turnover.
- 2
Aadhaar, PAN and NIC Code Setup
Collect Aadhaar and PAN, link mobile for OTP, and pick the right 5-digit NIC code for the main business activity.
- 3
Online Filing on Udyam Portal
File the MSME registration on udyam.gov.in with Aadhaar OTP and PAN-GSTIN auto-validation of turnover.
- 4
Udyam Certificate Download
Download the Udyam Registration Certificate with the unique URN for use with banks, GeM and government departments.
- 5
Update and Re-issuance Support
Assist with changes in NIC code, address, investment or turnover and re-issue the certificate on the portal as needed.
Timeline
Why file this
Benefits of msme registration
- Same-day Udyam-based MSME certificate under the MSMED Act 2006
- Auto-linkage with PAN, GSTIN and Income-tax returns for turnover validation
- Eligibility for priority-sector lending and lower bank interest rates
- Access to PMEGP, MUDRA, CGTMSE and state MSME subsidy schemes
- Protection under section 15 of MSMED Act against delayed buyer payments
- Preference in central and state government procurement and GeM bids
Documents required
Pick your entity type below — every group lists exactly what we need for msme registration.
Documents required by entity type
Select your business constitution to see the exact checklist for your filing.
For individuals running a micro / small business in their own name.
- Proprietor's Aadhaar (mobile-linked for OTP on udyam.gov.in)
- Proprietor's PAN
- GSTIN if registered under GST (optional but speeds validation)
- Bank account in proprietor's name — IFSC, account number, name on passbook
- NIC code for main business activity (5-digit as per NIC 2008)
- Investment in plant / machinery / equipment (₹) and annual turnover (₹)
- Social category certificate (SC / ST / OBC / Women-owned) if claiming benefit
For partnership firms seeking MSME benefits + priority-sector loans.
- PAN of the partnership firm
- Aadhaar of one managing partner (mobile-linked for OTP)
- Partnership deed (notarised)
- PAN + Aadhaar of all partners (for KYC reference)
- GSTIN of the firm (if registered)
- Bank account in the firm's name — IFSC + account number
- NIC code for main activity
- Investment and turnover figures
- Authorisation letter from partners designating managing partner
For LLPs seeking MSME + Section 8 MSME benefits.
- PAN of the LLP
- Aadhaar of one designated partner (mobile-linked for OTP)
- LLP Agreement filed with MCA
- Certificate of Incorporation of the LLP
- GSTIN of the LLP (if registered)
- Bank account in LLP's name
- NIC code for main activity
- Investment and turnover figures
- Authorisation letter from designated partners
For companies seeking MSME benefits + priority-sector lending.
- PAN of the company
- Aadhaar of one director / shareholder (mobile-linked for OTP)
- Certificate of Incorporation from MCA
- MOA + AOA (latest updated)
- GSTIN of the company (if registered)
- Bank account in company's name
- NIC code for main activity
- Investment and turnover figures
- Board resolution authorising signatory for Udyam filing
For family-run businesses with HUF PAN.
- PAN of the HUF (separate from karta's PAN)
- Aadhaar of the karta (mobile-linked for OTP)
- HUF deed / declaration
- Bank account in HUF's name
- NIC code for main activity
- Investment and turnover figures
- Social category certificate (if claiming)
For NGOs and Section 8 companies running MSME-style activities.
- PAN of trust / society / Section 8 company
- Trust deed / society registration / Section 8 license
- Aadhaar of managing trustee / secretary (mobile-linked)
- 12A / 12AB registration (if available)
- Bank account in entity's name
- NIC code for main activity
- Investment and turnover figures
- Authorisation resolution from trustees / board
DIY vs FinTax24
Why file msme registration with FinTax24 instead of doing it yourself.
| Aspect | DIY / Portal | Local Tax Consultant | FinTax24 |
|---|---|---|---|
| Filing time | 7–14 days (typical) | Varies by availability and workload | 1-2 working days |
| Expert review | None | Depends on the consultant | Expert verified on every filing |
| Document check | You self-verify; rejected on portal | Manual review may vary | Pre-verified by our team before submission |
| Support | Email / chatbot | Appointment-based or office hours | WhatsApp + phone, Mon–Sat 10 AM–7 PM IST |
| Pricing | Government fees only | Consultant fee + government fees | Transparent: From ₹999 + govt fees |
Frequently asked questions
Is MSME registration the same as Udyam registration?
Yes, since March 2021 the only recognised MSME registration is via the Udyam portal. Old Udyog Aadhaar and EM-II certificates are no longer valid.
What is the difference between Micro, Small and Medium enterprises?
Micro: investment up to ₹1 crore and turnover up to ₹5 crore. Small: investment up to ₹10 crore and turnover up to ₹50 crore. Medium: investment up to ₹50 crore and turnover up to ₹250 crore.
Can a single proprietor get multiple MSME certificates?
Yes, you can register multiple units with different business activities or locations. Each unit gets a separate Udyam Registration Number.
Is MSME registration mandatory for bank loans?
No, but an Udyam certificate is required to claim priority-sector lending benefits and lower interest rates from banks under RBI guidelines.
How do I update my MSME certificate after expansion?
Log in to udyam.gov.in with your Udyam number and PAN, update the investment and turnover figures, and re-issue the updated certificate.
Do I need GST before applying for MSME?
No, GST registration is not mandatory for MSME registration. If GSTIN is available it is linked automatically for turnover validation.
Is there a fee on the government portal?
No, Udyam registration is free on udyam.gov.in. Our fee covers document review, NIC code selection, OTP handling and certificate hand-holding.
About this service
Udyam registration is not merely a compliance formality — it is a strategic business decision that unlocks access to the full range of government MSME support schemes, priority-sector bank credit, and the protection mechanisms built into the MSMED Act 2006. Businesses that operate without an Udyam certificate are effectively paying more for credit than they need to, missing out on government subsidies, and foregoing the legal protections that registered MSMEs enjoy against delayed buyer payments. Given that Udyam registration itself is free on the government portal, there is no economic rationale for any eligible business to remain unregistered.
The Section 15 and Section 16 Protection Under MSMED Act: Why It Matters
Two provisions of the MSMED Act 2006 are particularly important for registered MSMEs. Section 15 prohibits buyers from delaying payment for supplies made to them beyond the agreed credit period or, in the absence of an agreement, beyond 45 days from the day of acceptance or deemed acceptance of the goods or services. Section 16 further provides that if payment is delayed beyond the permitted period, the buyer must pay interest at three times the bank rate notified by the RBI — effectively a 12 to 15% penal interest rate on delayed payments. These provisions give registered MSMEs a powerful legal weapon against large buyers — including government departments and large corporations — who habitually delay payments to smaller suppliers. Without Udyam registration, a business cannot invoke these protections.
Sources & authority: For regulations on msme registration, refer to udyamregistration.gov.in , dgft.gov.in , epfindia.gov.in .
Last reviewed by: FinTax24 Compliance Desk · Reviewed on:
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