All you need to know

MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy. When these industries grow, the economy of the country grows as a whole and flourishes. These industries are also known as small-scale industries or SSI’s
An enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria, namely: —

1.  a micro enterprise, where the investment in plant and machinery or equipment does not exceed one crore rupees and turnover does not exceed five crore rupees;
2. a small enterprise, where the investment in plant and machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees; and
3. a medium enterprise, where the investment in plant and machinery or equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.

Must Know Government has organised a full system of Facilitation for Registration Process

• An enterprise for the purpose of this process will be known as Udyam and its Registration Process will be known as ‘Udyam Registration.
• A permanent registration number will be given after registration.
• After completion of the process of registration, a certificate will be issued online.
• This certificate will have a dynamic QR Code from which the web page on our Portal and details about the enterprise can be accessed.
• There will be no need for renewal of Registration.
• Our single window systems at Champions Control Rooms and at DICs will help you in the process.
• Registration Process is totally free. No Costs or Fees are to be paid to anyone.

Documents Required for MSME Registration

1. Aadhar Number ( Mandatory )
2. Name of the entrepreneur as mentioned in the Aadhar Card ( Should be linked with the mobile number)
3. Mobile Number
4. PAN Number ( Pvt/ LLP/ Partner/ Company PAN number)
5. Email
6. Gender
7. Physically handicapped
8. Social Category
9. Name of the enterprise
10. Type of entity
11. Full Address of the Firm
12. Date of commencement of business
13. Bank details of the Company or the personal ( Current/ Savings), IFSC code, Account No
14. Bank Name and Branch ( Only the proprietor can use a savings account )
15. Major activity – Manufacturing/service 
16. ITR details
17. Do you have GSTIN
18. District Industry Centre