MSME Udyam Registration Portal at udyamregistration.gov.in - The Central government introduced updated guidelines on 26 June 2020 to facilitate the online registration of new businesses via self-declaration. Effective 1 July 2020, there is no longer a requirement to upload supporting documents or certificates for Udyam registration. Individuals can now register their new ventures online using their Aadhaar number and a self-declaration at udyamregistration.gov.in. The Union government has integrated the Udyam registration system with Income Tax and GST databases. Consequently, business details provided can be automatically verified using PAN or GSTIN information.
Businesses can be registered solely using an Aadhaar number. All other information is provided through self-declaration, eliminating the need to submit or upload physical paperwork, making the entire process completely paperless. The notification also specified that moving forward, MSMEs will be referred to as "Udyam," a term more closely aligned with the concept of an enterprise. Accordingly, the formal registration procedure is now called Udyam Registration.
Since that time, investment in plant, machinery, or equipment and annual turnover have become the core criteria for categorizing MSMEs. The official notification further clarifies that the value of exported goods or services is excluded when determining the total turnover of any micro, small, or medium enterprise.
Key Features of MSME Udyam Registration
- Any enterprise can obtain Udyam registration via the official portal: https://udyamregistration.gov.in/Government-India/Ministry-MSME-registration.htm
- The entire registration procedure is fully digital and paperless, requiring no document uploads.
- The registration service is provided free of charge; no fees are applicable.
- Upon successful completion of the process, an electronic "Udyam Registration Certificate" is issued.
- The certificate includes a dynamic QR code that links directly to the enterprise's details on the official portal.
- Providing false information or attempting to misrepresent facts during registration or updates may lead to penalties under section 27 of the Act.
- The system is integrated with GST and Income Tax databases, allowing for automatic retrieval of turnover and investment data. Export revenue is excluded from these calculations.
- Enterprises previously registered under EM-II or UAM must re-register under the new system.
- Each enterprise is permitted only one Udyam registration, though multiple business activities (manufacturing/services) can be included under a single registration.
Prerequisites for Udyam Registration
- A valid Aadhaar number is the primary requirement.