MSME Registration, now called Udyam Registration, is a government certification process for Micro, Small, and Medium Enterprises to avail various benefits such as subsidies, lower loan interest rates, and easier access to credit.

No, it is not mandatory. However, registration is highly recommended as it allows businesses to avail numerous schemes and benefits offered by the government.

Any business entity including proprietorships, partnerships, LLPs, private limited companies, and others involved in manufacturing or service sectors can apply, provided they meet investment and turnover criteria.

Yes, Aadhaar of the proprietor, partner, or director (depending on business type) is mandatory for registration.

• Aadhaar Card

• PAN Card

• Business Address Proof

• Bank Account Details

• GST Number (if applicable)

Generally, the MSME certificate is issued within 1–2 working days after successful submission.

• Cheaper bank loans

• Government subsidies and schemes

• Protection against delayed payments

• Access to tenders and government procurement

• Easier licensing and approvals

Yes, once registered, the Udyam Registration number is valid for a lifetime, unless there’s a need to update business details.

Yes, GST is not mandatory for MSME registration if your business is not otherwise required to be GST-registered.

As per updated guidelines, retail and wholesale traders are now also eligible to register under MSME for priority sector lending benefits.