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In today's competitive business landscape, it is crucial for small and medium-sized enterprises (SMEs) to leverage government initiatives that streamline operations, offer benefits, and provide formal recognition. One such initiative by the Government of India is Udyog Aadhar registration, now known as Udyam registration. This initiative is designed to support the growth and development of micro, small, and medium enterprises (MSMEs) nationwide. Udyam Registration also referred to as MSME Registration, is the updated process for registering MSMEs introduced by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020. Alongside this new registration process, the Ministry also updated the MSME classification criteria.
Udyam Registration is a government-issued certification for Micro, Small, and Medium Enterprises (MSMEs) in India. Introduced by the Ministry of Micro, Small & Medium Enterprises, it replaces the earlier Udyog Aadhaar system and provides a unique identification number to businesses.
This registration is completely online, paperless, and based on self-declaration, making it easy and hassle-free for entrepreneurs.
Any business that falls under the following categories based on investment and turnover:
Note: No physical documents are required to be uploaded.
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