What is the Process for MSME Registration Online?

What is the Process for MSME Registration Online?

New Process for MSME Registration Online

Below mentioned are the steps to follow for the Registration Process for MSME:

Step 1: Fill in MSME registration form online with all required details by visiting the official website by clicking here

Step 2: After submitting the application form along with documents, the applicant shall receive a registration number

Step 3: Next step is paying the registration fee online

Step 4: After payment is successful, the authority will register the applicant’s business as MSME within 1-2 working days

Step 5: MSME registration certificate shall be delivered by email to the applicant’s registered email address.

The process for MSME registration is quick and hassle-free for businesses to get registered as MSMEs under the Ministry of MSME.

Eligibility for MSME Registration

The distinction between the manufacturing and services enterprises has been removed by making the investment amount and annual turnover similar for enterprises engaged in both sectors.

MSME – Merged Criteria: Investment and Annual Turnover
Sector/Enterprise TypeMicro EnterpriseSmall EnterpriseMedium Enterprise
Manufacturing & Services Sector, BothInvestment less than Rs. 1 crore

Turnover less than Rs. 5 crore

Investment less than Rs. 10 crore

Turnover up to Rs. 50 crore

Investment less than Rs. 50 crore

Turnover up to Rs. 250 crore

Documents required for MSME Registration Online

  • Duly filled application form with passport-sized photographs
  • KYC documents of applicant: passport, voter ID card, Aadhaar card, driving license, utility bills (water & electricity bills)
  • Business PAN card
  • Business Establishment Certificate
  • Income Proof
  • Bank details
  • Last 6 months’ bank statement
  • Rent or Lease agreement
  • NOC from the landlord
  • Any other document required by the bank or NBFC

Benefits of MSME Registration

  • Helps in availing loans at low-interest rates
  • Helps in getting government tenders
  • Becomes easy to get licenses, approvals, and registrations
  • Compensation of ISO certificate expenditure
  • Registered MSMEs gets tariff subsidies and tax and capital subsidies
  • Under bank loan, 15% import subsidy on fully automatic machinery
  • Gets exemption under Direct Tax Laws

Components of MSME Application Form

  • Aadhar number
  • Name of Entrepreneur as per Aadhar card
  • Social category (General, OBC, SC/ST)
  • Gender
  • Physically Handicapped
  • Name of Enterprise
  • Type of Organization (Proprietorship, Partnership Firm, Private or Public Limited Company, Limited Liability Partnership, Co-operative Society, Hindu Undivided Family, Self-Help Group, Society or Trust)
  • PAN Card
  • Location/Address of Plant
  • Country, State, District, City, Tehsil, PIN Code
  • Office Address
  • Mobile Number, Email ID
  • Date of Commencement of Business
  • Bank account number and IFSC code
  • Business activity of an enterprise
  • NIC 2 Digit Code – choose a primary activity
  • Additional detail of the enterprise
  • Number of employees
  • Investment amount in Plant & Machinery

How to Check MSME Registration Status by Name and Reference Number?

Follow the below steps to check the status via name and registration number:

Step 1: To check MSME application status, applicants can visit the MSME registration official portal or click here 

Step 2: Applicants need to enter their 12 digit UAM number followed by verification code as displayed in the captcha image

Step 3: Click on ‘Verify’ to check the status of MSME registration online