MSME Registration / Udyog Aadhaar Registration
Micro, Small & Medium Enterprises (MSME) registration or Udyog Aadhaar registration can be obtained by any type of business entity:
- Proprietorships,
- Partnership Firm,
- Private Limited Company
- Public Limited Company,
- Limited Liability Partnership,
- Hindu Undivided Family,
- Self Help Groups
- Society
- Co-Operative Society
- Trust
- Others
Benefits of MSME Registration
Enterprises registered under MSMEs are eligible for various benefits from the Government of India, Reserve Bank of India (RBI), etc. This includes subsidies, incentives, credit facilities from banks, and protection against delayed payments by buyers of goods/services.
Classification of Enterprises
Enterprises have been classified Micro, Small and Medium Enterprises based on Investment & Turnover Criteria
Revised Criteria for Classification of Business Enterprises
(Asper announcement dated 13.05.2020 by Ms.NNirmala Sitharaman, Hon. Finance Minister, Govt. of India)
| Classification | Micro | Small | Medium |
| Investment & Turnover Criteria | Investment Less than ₹1 Crore & Turnover Less than ₹5 Crore | Investment less than ₹10 Crore & Turnover less than ₹50 Crore | Investment less than ₹20 Crore & Turnover less than ₹100 Crore |
When to obtain MSME Registration?
MSME registration or Udyog Aadhaar is not mandatory. This registration is optional at the discretion of the Entrepreneur. It is advisable for every businesses to obtain MSME registration immediately after incorporation to avail the benefits under the MSMED Act.
MSME or Udyog Aadhaar Registration
Enterprises registered under MSMEs are eligible for various benefits from the Government of India