Get your business recognized with MSME registration by BizReg. Avail of numerous benefits and schemes offered by the government. Register now and fast-track your business growth.
MSME / Udyog Aadhar / Udhyam Registration
- 4.9 Google Rating
- 24x7 Support
Inquire Now!
Steps to get MSME Registration online
Talk to our experts
We will address your queries related to Udyam Registration.
Document collection
Provide document/info as suggested.
Filing of Application
Application will be filed with concerned authority and our team will keep you updated with its status.
Overview
MSME stands for Micro, Small, and Medium Enterprises, which are the backbone of the Indian economy. MSME registration is a government-initiated process that provides legal recognition to small and medium-sized businesses. The registration is aimed at promoting the growth and development of these businesses by providing various incentives and benefits.
MSME registration is a simple and straightforward process that can be completed online. Once registered, the business becomes eligible to avail of various schemes and incentives offered by the government, including access to loans at lower interest rates, subsidies, and tax exemptions. The MSME registration is a valuable tool for entrepreneurs to establish and grow their businesses while also contributing to the growth of the Indian economy.
Checklist for registration
- Address of the business
- Basic business activity
- NIC 2 digit code
- Investment details (Plant/equipment details)
- Turnover details (as per new MSME definition)
- Aadhar & PAN number
- Bank account number
- Partnership deed
- Sales and purchase bill copies
- Copies of licenses and bills of purchased machinery
Importance of registration
- Access to government schemes and subsidies:Â MSMEs are eligible for various government schemes and subsidies, such as financial assistance, tax benefits, and preferential procurement policies.
- Easier access to credit:Â MSMEs can avail of easier and cheaper credit facilities from banks and financial institutions.
- Protection of intellectual property rights (IPR): It helps protect the IPR of businesses, including trademarks, patents, and copyrights.
- Facilitating exports:Â MSMEs can access export promotion schemes and assistance from the government.
- Participation in government tenders and contracts:Â MSME registration enables businesses to participate in government tenders and contracts.
- Dispute resolution mechanisms: It provides access to specialized dispute resolution mechanisms, such as MSME tribunals.
Registration Process
- Determine the type of MSME registration that applies to your business based on investment and turnover criteria.
- Obtain a PAN card and a valid bank account in the name of your business.
- Check if your business activities fall under the list of activities eligible for MSME registration.
- Submit the application form online through the Udyam registration portal.
- Once submitted, track the status of your application and follow up with any additional requirements or clarifications from authorities.
- After approval, obtain the MSME registration certificate.
Why BizReg?
BizReg has a team of experienced legal professionals who specialize in MSME registration and related services. We ensure accurate data entry and documentation, reducing the risk of errors that could lead to delays or rejections. With us, you can rest assured that your MSME registration is compliant with the latest government regulations.