Udyam Registration: A new process of classification and registration of MSME Enterprises has started with effect from 1st July, 2020 under the name of ‘Udyam Registration’. The Union Ministry of Micro, Small and Medium Enterprises (MSME) had made the announcement regarding the same through a notification on June 26, 2020.
A new portal www.udyamregistration.gov.in was launched by the Ministry for MSME Registration.
How to register MSME using Udyam Registration Portal?
The process of registration is completely online and paperless. No documents or proofs are required to be uploaded for registering an MSME. It is based on self-declaration.
Key Features
- A registration number will be given after completion of the entire process and Udyam Registration Certificate will be issued.
- The Udyam Registration Certificate will have a dynamic QR Code from which the web page on the Portal and details about the enterprise can be accessed. There will be no need for renewal of the registration.
- The PAN & GST linked details on investment and turnover of enterprises will be taken automatically from the respective Government databases.
- The MSME Ministry’s online system will be fully integrated with Income Tax and GSTIN systems.
- The MSMEs that 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 on the portal.
- No enterprise will be allowed to file more than one Udyam Registration. Any number of activities including manufacturing or service or both may be specified or added under one Registration.
Note: No portal, private online of offline system, agency, service or person is authorized to do MSME Registration or undertake any activity related to it, except for the Udyam portal and Government’s Single Window Facilitation Systems.
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