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MSME Registration

Overview
Registration
Documents
Classification
Benefits
Schemes

Documents

  • Aadhaar number shall be required for Udyam Registration.


  • The Aadhaar number shall be of the proprietor in the case of a proprietorship firm, of the managing partner in the case of a partnership firm and of a karta in the case of a Hindu Undivided Family (HUF).


  •  In case of a Company or a Limited Liability Partnership or a Cooperative Society or a Society or a Trust, the organisation or its authorised signatory shall provide its GSTIN and PAN along with its Aadhaar number.


  •  In case an enterprise is duly registered as an Udyam with PAN, any deficiency of information for previous years when it did not have PAN shall be filled up on self-declaration basis.


  •  No enterprise shall file more than one Udyam Registration: Provided that any number of activities including manufacturing or service or both may be specified or added in one Udyam Registration.


  •  Whoever intentionally misrepresents or attempts to suppress the self-declared facts and figures appearing in the Udyam Registration or updation process shall be liable to such penalty as specified under section 27 of the Act.

Overview

MSME stands for Ministry of Micro, Small and Medium Enterprises. It was also known by the names of 

  • Ministry of Small Scale Industries

  • Ministry of Agro and Rural Industries


The government of India with the ultimate aim of facilitating the ease of doing business in India and for nourishing the entrepreneurs has established a comprehensive system for micro, small and medium enterprises. 


Main functions of the ministry are:


  • facilitation and credit flow to MSMEs


  • Improving the competitiveness of MSMEs


  • Improve manufacturing base through up-gradation of technology


  • Promotion of MSMEs through cluster bases approach


  • Marketing support to MSMEs


  • Skill development and entrepreneurship development training


  • Creation of new Micro Enterprises through Prime Minister’s Employment Generation Program (PMEGP)


  • Growth and development of Khadi and Village Industries (KVI) sector


  • Growth and development of Coir Industry

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