MSME Registration in India
MSME Registration in India, also known as Udyam Registration, is a government-recognized classification for Micro, Small, and Medium Enterprises under the MSMED Act, 2006. This registration provides businesses with a formal identity and enables access to financial assistance, government incentives, and policy support.
An MSME registration helps businesses improve credibility, gain easier access to credit, and participate in government schemes that support growth and stability.
Governing Laws for MSME Registration
MSME Registration is regulated by the following legal and policy framework:
Micro, Small, and Medium Enterprises Development Act, 2006
Notification issued in June 2020 defining enterprise classification based on investment and turnover
Udyam Registration Guidelines that govern the digital registration process
These provisions ensure standardized classification and regulatory support for MSMEs.
MSME Classification
MSMEs are categorized based on investment in plant and machinery or equipment and annual turnover.
Micro Enterprise
Investment up to one crore
Turnover up to five crore
Small Enterprise
Investment up to ten crore
Turnover up to fifty crore
Medium Enterprise
Investment up to fifty crore
Turnover up to two hundred fifty crore
This classification determines eligibility for schemes, benefits, and compliance requirements.
Who Can Apply for MSME Registration
MSME Registration is available to a wide range of business entities, including:
Proprietorships
Partnership firms
Limited liability partnerships
Private limited companies
Section 8 companies
Businesses engaged in manufacturing, service delivery, consultancy, trading, processing, logistics, or repair activities can apply for MSME registration.
Documents Required for MSME Registration
To complete MSME registration, the following information is generally required:
Aadhaar of the proprietor, partner, or director
PAN of the business or individual
Business address details
Bank account and IFSC information
NIC code for business activity
Investment and turnover details
The registration process is fully digital and does not require physical document submission.
Step by Step MSME Registration Process
The MSME registration process includes:
Entering Aadhaar and PAN details
Selecting enterprise type and classification
Providing business activity and NIC code
System based verification of details
Issuance of Udyam Registration Certificate with a unique number
Once issued, the MSME certificate can be used for availing government benefits and financial schemes.
Benefits of MSME Registration
MSME Registration offers multiple advantages for businesses.
Access to government subsidies and credit schemes
Lower interest rates and priority lending
Eligibility for tax and GST related benefits
Protection against delayed payments
Preference in government procurement
Support for patent and certification expenses
Export related incentives and assistance
Our MSME Registration Services
i Tax GST Filing provides structured MSME registration support.
Assessment of MSME eligibility and classification
Udyam registration application filing
Support for obtaining MSME certificate
Advisory on compliance and government schemes
Assistance with updates and modifications
Why Choose i Tax GST Filing
Businesses choose i Tax GST Filing for MSME registration because of:
Experienced compliance professionals
Accurate and error-free filing
Digital and transparent process
Up-to-date regulatory knowledge
End-to-end support from registration to post-approval
Get Started Today
Register your business as an MSME and access government support, financial benefits, and growth opportunities.
Connect with i Tax GST Filing for professional MSME registration and compliance assistance.