Important to Know

Important to Know

An enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria, namely: --

• A micro enterprise, where the investment in plant and machinery or equipment does not exceed two crore fifty lakh rupees and turnover does not exceed ten crore rupees;
• A small enterprise, where the investment in plant and machinery or equipment does not exceed twenty five crore rupees and turnover does not exceed one hundred crore rupees; and
• A medium enterprise, where the investment in plant and machinery or equipment does not exceed one hundred twenty five crore rupees and turnover does not exceed five hundred crore rupees.

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For the detailed legal framework for classification of MSMEs Click Here

Must Know

Must Know

Government has organised a full system of Facilitation for Registration Process

• An enterprise for the purpose of this process will be known as Udyam and its Registration Process will be known as 'Udyam Registration'
• A permanent registration number will be given after registration.
• After completion of the process of registration, a certificate will be issued online.
• This certificate will have a dynamic QR Code from which the web page on our Portal and details about the enterprise can be accessed.
• There will be no need for renewal of Registration.
• Our single window systems at Champions Control Rooms and at DICs will help you in the process.
• Registration Process is totally free. No Costs or Fees are to be paid to anyone.

Must Follow

Must Follow

MSME Registration is free, paperless and based on self- declaration

• MSME registration process is fully online, paperless and based on self-declaration.
• No documents or proof are required to be uploaded for registering an MSME.
• Only Adhaar Number will be enough for registration.
• PAN & GST linked details on investment and turnover of enterprises will be taken automatically from Government data bases.
• Our online system will be fully integrated with Income Tax and GSTIN systems.
• Having PAN & GST number is mandatory from 01.04.2021.
• Those who have EM-II or UAM registration or any other registration issued by any authority under the Ministry of MSME, will have to re-register themselves.
• No enterprise shall file more than one Udyam Registration. However, any number of activities including manufacturing or service or both may be specified or added in one Registration.