An Overview: MSME Registration for Private Limited Company

What is MSME (Micro, small and medium enterprises)?

MSMEs (Micro, small, and medium enterprises) are integral to the economy, providing output, employment, and export opportunities. MSMEs significantly support the manufacturing sector by supplying a diverse range of products, raw materials, and components to larger industries. The Ministry of MSMEs' report 'MSME at a Glance' highlights that 36 million MSME units are currently in the country, which employs over 80 million people. These entities produce more than 6,000 products, contributing 8% towards the country's GDP and 45% of the total manufacturing output, and 40% of the exports. The significant contribution of MSMEs to the economy cannot be exaggerated, and it is essential to continue supporting and promoting these enterprises in the future.

What are the components of an MSME registration application?

The MSME Application for MSME Registration requires the following information:

• The applicant's name or the entity's name as per their Aadhar card.
• Social category (general, OBC, SC/ST) • Gender
• Physically demanding
• The organization's name and type.
• PAN Cards for individuals and entities
• Plant location
• Country, State, District, City, Tehsil, PIN Code, Proof of Office Address
• Applicant's phone number and email address.
• The date of establishment of the entity
• Bank account number and IFSC code
• The Business Activity of the Entity
• 2-digit NIC code based on the main activity
• Any other details about the entity.
• The number of employees
• The investment in plant and machinery

What are the documents needed for MSME registration?

To register as an MSME, you need to provide the following documents along with the information mentioned above:

• A photo ID and address proof of the applicant.
• A passport-size photo of the applicant.
• The applicant's Aadhar Card
• The business-related documents.
• The proof of working premise. If you own the property, you need a sale deed. If you rent the property, you need a rent agreement and a no-objection letter from the owner.
• The bank-related documents.
• If you are a partnership, you need a Partnership Deed of the Firm.
• If you are a company, you need the PAN card, MOA, AOA, and Certificate of Incorporation.

What are the steps for obtaining MSME registration?

To avail of the benefits announced by the Government for MSMEs, it is necessary to register your business on the ‘Udyog Aadhar Memorandum (UAM) portal’. Fortunately, the registration process is simple and completely free of cost for all.

Here are the steps to register your business as MSME online:

1. Go to the Udyam registration Portal and fill out a form.
2. If this is your first time registering your business as an MSME, click on the first link on the page.
3. Enter your Name and Aadhaar Number and click on ‘Validate & Generate OTP’.
4. After verification, you will have to enter your PAN details. If you don’t have a PAN card yet, select No.
5. Next, you will have to fill out the rest of the form with field numbers 5-24.
6. At the end of the form, you will get another OTP request on your phone. Enter the OTP and verification code to submit the form successfully.MSME OTP verification
7. You will see a “Thank You” message with a Registration Number. Save that number for future use.
8. It can take 2-3 days for your application to be approved and registered.
9. Once your application is approved, you will get the MSME certificate by email.

How to check MSME registration status?

An applicant can check the MSME Registration status by reference number and name using the following steps:

• Step 1: Visit the MSME Registration portal to track your application status.
• Step 2: Enter the 12-digit UAM number and the verification code as shown in the Captcha image.
• Step 3: Click the ‘Verify’ button after entering the 12-digit UAM number.
• Step 4: The MSME registration status of a business owner can be viewed.

How to download MSME registration certificate?

If you are looking to register your enterprise under the MSME Act, the first step is to apply online on the official government portal. Once your registration is succesful, you will receive an MSME certificate from the Ministry of MSME.

The MSME certificate, also known as Udyam or Udyog Aadhaar Certificate, is valid for a lifetime. To download your MSME certificate from the Udyam Registration website, simply follow these easy steps.To avail of the benefits announced by the Government for MSMEs, it is necessary to register your business on the ‘Udyog Aadhar Memorandum (UAM) portal’. Fortunately, the Udyog Aadhaar Registration process is simple and completely free of cost for all.

1. Go to the Udyam link https://udyamregistration.gov.in/
2. On the top right corner of the home page, you will see a Print/Verify drop-down menu.
3. From the drop-down menu, choose the option Print Udyam Certificate.
4. This will take you to the Udyami Login page.
5. Fill in the details on the login page, such as your 16-digit Udyam Registration Number (URN) (format: UDYAM-XX-00-0000000) and the mobile number you used for the MSME registration application.
6. Below these fields, choose one of the OTP options.
   • OTP on Mobile
   • OTP on Email
7. Choose the option that suits you better and click Validate & Generate OTP.
8. In the next step, enter the OTP and click Validate OTP & Print.
9. You can now see your Udyog Aadhaar Certificate data on the home screen.
10. To get a printed certificate copy, choose either Print or Print with Annexure from the top center of the page.
    • If you select only the Print option, you will get only the MSME certificate.
    • If you select Print with Annexure, you will also get the Udyam Aadhaar Memorandum (UAM) application along with the certificate.

MSME certificate can be saved on your computer or smartphone for future reference.