Udyam registration portal for MSMEs launched

The new MSME registration process is completely online, paperless and based on self-declaration. No documents or proofs are required to be uploaded for registering an MSME.

   
MSME udyam portal

The new process of classification and registration of enterprises, ‘Udyam Registration’ has been launched by the MSME ministry.

Highlights of this registration process:

  • 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.Adhaar Number will be requiredfor registration.
  • A Registration number will be given after registration.
  • After completion of the process of registration, an Udyam Registration Certificate will be issued.
  • 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.
  • PAN & GST linked details on investment and turnover of enterprises will be taken automatically from the respective Government data bases;
  • MSME Ministry’s online system will be fully integrated with Income Tax and GSTIN systems.
  • Those who have EM-II or UAM registration or any other registration issued by any authority under the Ministry of MSME, will also have to re-register themselves.
  • No enterprise is supposed to 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.
  • Government ‘s Facilitation mechanism in the name of single window systems at Champions Control Rooms and at DICs will help people in this process.
  • Registration Process is totally free. No Costs or Fees are to be paid in this regard.

Ministry has expressed confidence that this process will be extremely simple, seamless entrepreneur friendly. It will set an example in Ease of Doing Business, not only in India but internationally. It will reduce transaction time and costs. Entrepreneurs and Enterprises can focus on their real work and become globally competitive.

At the same time, looking to some private websites projecting as Government website, Ministry has clarified that except this portal of Government of India (www.udyamregistration.gov.in) and Government’s Single Window Facilitation Systems, no other private online or offline system, service, agency or person is authorized or entitled to do MSME Registration or undertake any activity related with that process.






Trending

Emergency Credit Line Guarantee Scheme

Govt may allow co-operative banks to lend under ECLGS scheme for MSMEs

First maritime cluster to be developed in Goa

Neo-banks in India-Filling the Digital Expectations Gap in the Banking Sector

Neo-banks: The next revolution in Indian banking sector

Rehan Dhorajiwala

“We first need a substantial support for production to even think about meeting domestic demand”: Rehan Dhorajiwala, All India Toy Federation (AITF)

Hotel Operations in COVID-19 Era; Revamping Protocols and Technology is the Key for Recovery

Revamping protocols and technology: Hotel industry is looking to reboot in the new normal

COVID-19 Impact: Record decline in Securitisation Volumes

Covid-19 impact: record decline in securitisation volumes

Nitin Gadkari approves new scheme to make India aatmanirbhar in agarbatti production

Nitin Gadkari approves new scheme to make India aatmanirbhar in agarbatti production

Impact of coronavirus on real estate

Knight frank report: real estate stakeholders expect improvement in next 6 months

essentials lockdown

Know what people stockpiled most during lockdown?

MSME credit scheme: 43% of Rs 3 lakh crore sanctioned

RBI LOANS

FM Sitharaman: In talks with RBI to restructure loans, extend moratorium

PM Modi, msme loans

Prime minister Modi tells bank chiefs to boost MSME loans