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Udyam registration is the new process for registering MSME (micro, small and medium enterprises) launched by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020. The Ministry had also revised the definition of MSMEs from the same date.
An enterprise for this process is known as Udyam, and its Registration Process is known as Udyam Registration. A permanent registration number will be issued after Registration.
Udyam Registration or MSME Registration is nothing but a government registration that is provided along with a recognition certificate and a unique number. This registration is to certify micro/small/medium enterprises. The Udyog Aadhaar registration has been transformed to the Udyam registration since July 2020. Udyam registration has made the process more accessible than it was earlier, at the time of Udyog Aadhaar registration.
Udyam registration is essential for availing the various benefits of schemes or programs of the Ministry of MSME, such as the Credit Guarantee Scheme, public procurement policy, additional edge in Government Tenders and protection against delayed payments, etc.
After completion of the process of Udyam Registration, a certificate will be issued online. This MSME Udyam Registration Certificate will have a dynamic QR Code from which the details about the enterprise can be accessed.
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Udyam Registration Number is a permanent identification number, and there will be no need for renewal of Registration. For all your MSME Registration queries you can contact us.
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