MSME / Udyam Registration

MSME / Udyam Registration

Udyam Registration, formerly known as MSME Registration, is a government initiative launched by the Ministry of Micro, Small and Medium Enterprises to simplify the registration process for small businesses and startups. It provides a unique identity to businesses and makes them eligible for various government schemes and subsidies.

This registration is entirely online, paperless, and based on self-declaration. Businesses classified as Micro, Small, or Medium Enterprises can register through the official Udyam Registration portal using their Aadhaar and PAN details.

Benefits of Udyam Registration:

• 1. Access to Government Schemes – Including subsidies, credit guarantees, and exemptions.
• 2. Easier Access to Loans – Priority sector lending and reduced interest rates from banks.
• 3. Protection Against Delayed Payments – Legal safeguard under MSMED Act.
• 4. Preference in Government Tenders – Increased opportunities for registered businesses.
• 5. Concession on Patent and Trademark Fees – Financial support for IPR registration.