MSME (Micro, Small, and Medium Enterprises) are crucial contributors to India's economy, comprising businesses with varying scales that play a pivotal role in industrial development.
Under the Micro, Small, and Medium Enterprises Development Act of 2006, MSMEs are classified into two main types. Manufacturing Enterprises are those engaged in the production of goods, with further classification based on their investment in plant and machinery. On the other hand, Service Enterprises provide services and are classified based on their investment in equipment.
Obtaining an MSME Registration Certificate is a crucial step for businesses looking to leverage the benefits provided by the Ministry of Micro, Small & Medium Enterprises. Here is a step-by-step guide on how to obtain your MSME Registration Certificate. By following these steps, businesses can navigate the MSME registration process efficiently and unlock a range of advantages aimed at fostering the growth and development of the Micro, Small, and Medium Enterprise sector.
Entrepreneurs holding EM-II or those unregistered can effortlessly initiate the MSME registration process for new businesses on PSD Filings' user-friendly platform.
Individuals with Udyog Aadhar Memorandum (UAM) or UAM acquired through Assisted Filing can proceed with the registration
For new enterprises not registered as MSMEs, visit the official website and click on 'For New Enterprises who are not Registered yet as MSME or those with EM-II
Register new MSMEs easily: Fill the form with Aadhaar number and the business owner/entrepreneur's name on PSD Filings.
Click on 'Validate and Generate OTP' to receive a One-Time Password (OTP) on the mobile number linked to the Aadhaar card.
Enter 'Type of Organization' and PAN details in the PAN verification page. The portal validates PAN details from the Income Tax Portal or government database.
Upon successful PAN verification, an Udyam Registration form will appear. Fill in details like mobile number, email address, plant information, turnover, and the number of employees.
Complete details, click 'Submit and Get Final OTP' for MSME New Registration. Receive an automatic confirmation message with a reference number.
Upon verification of provided details, the MSME authority will issue a registration certificate for new MSMEs, ensuring a smooth process.
Registering for MSME online in India offers numerous advantages for businesses. The MSME Registration Certificate provides benefits such as eligibility for government schemes, access to financial support, and preferential treatment in various aspects.