Starting or running a small business in India comes with many responsibilities. One of the most important steps a business owner can take is registering under the Udyam MSME (Micro, Small, and Medium Enterprises) scheme. This registration gives access to many government benefits. However, some people believe that getting the Udyam Registration is expensive. That’s not true. You can get your Udyam MSME certificate at a very low cost or even for free if you follow the official process.
What is Udyam Registration?
Udyam Registration is a government process for small and medium businesses in India. It is part of the Ministry of Micro, Small, and Medium Enterprises (MSME). When a business registers under Udyam, it gets a unique identification number and a certificate from the government.
This registration replaces the earlier system of MSME registration known as Udyog Aadhaar. The new Udyam system is more straightforward and fully online.
Why is Udyam Registration Important?
Access to Government Schemes: Registered businesses can apply for various government schemes, including subsidies, loans, and other financial support.
Easier Bank Loans: Banks prefer giving loans to registered MSMEs because they are considered more reliable.
Tax and Tender Benefits: Udyam-registered businesses receive benefits in government tenders and may also be eligible for tax rebates.
Protection from Delayed Payments: If a buyer delays payment, MSMEs can take legal action quickly under the MSME Development Act.
ISO Certification Subsidy: MSMEs may be eligible for government support to obtain ISO certification.
Electricity Bill Concession: Some states offer concessions on electricity bills for registered MSMEs.
Who Can Apply for Udyam Registration?
The following types of businesses can apply:
Proprietorship
Partnership Firm
Limited Liability Partnership (LLP)
Private Limited Company
One Person Company (OPC)
Hindu Undivided Family (HUF)
Co-operative Society
Trust or Society
Investment and Turnover Limits for MSMEs
Micro Enterprises: Investment up to Rs. 2.5 crore and turnover up to Rs 10 crore.
Small Enterprises: Investment up to Rs. 25 crore and turnover up to Rs. 100 crore.
Medium Enterprises: Investment up to Rs 125 crore and turnover up to Rs 500 crore.
Documents Required for Udyam Registration
You do not need to submit any physical documents. The registration process is paperless and based on self-declaration. Still, you must have the following information ready:
Aadhaar Number of the owner or authorized person
PAN Card of the business
GSTIN (if available)
Business details like name, type, location, and bank account information
Number of employees
NIC Code (for business activity classification)
Step-by-Step Guide to Apply for Udyam Registration Without High Fees
You do not need to pay a third party or agent to register. You can do it yourself easily by visiting the official Udyam portal.
Visit the Udyam Portal: Open your browser and access the official Udyam Registration portal.
Fill in Business Details: Enter essential details like your business name, type, address, and bank account information. Ensure accuracy in the data.
Review and Submit the Form: Review the information to confirm it's correct. After reviewing, apply.
Pay the Registration Fee: Select your payment method and complete the registration payment.
Receive OTP on Mobile: An OTP will be sent to the mobile number linked with your Aadhaar card.
Enter OTP: Input the OTP sent to your phone to verify your identity.
Complete Registration: Once your details are confirmed, your registration will be completed.
Receive Your Udyam Certificate: Once verified, your Udyam Registration certificate will be generated and sent directly to your email.
Benefits of Getting Udyam MSME Certificate Without High Fees
Save Money: By applying on your own, you can save hundreds or thousands of rupees.
Stay in Control: You know exactly what information you are submitting. No risk of errors by a third party.
Instant Certificate: You can download your certificate immediately after successful registration.
No Hidden Charges: The government does not charge anything. If someone asks for a fee, it is not official.
Common Mistakes to Avoid
Entering Wrong Aadhaar or PAN Details: Always double-check before submitting the form.
Using Non-Government Websites: Only use the official government portal to avoid fake fees.
Paying Unnecessary Charges: Do not pay anyone unless you are getting value-added services like consultancy or business planning.
Not Saving the Certificate: Many people forget to download the certificate after registration. Download and store it digitally.
Note: Now easily update udyam certificate through the Udyam portal
Conclusion
Udyam Registration is a valuable step for small and medium businesses in India. It opens doors to many government benefits, financial support, and opportunities. The best part is that it does not require high fees or long paperwork. The process is entirely online and free if you do it yourself through the official government portal.
By avoiding fake websites and middlemen, you can get your Udyam MSME certificate quickly, easily, and without wasting money. Empower your business today—take the first step by registering under the Udyam scheme.
