MSME / Udyam Registration

MSME (Udyam) Registration in Hyderabad

Udyam registration is the official registration for micro, small and medium enterprises (MSMEs) in India. It is done online on the government's Udyam portal, is based on Aadhaar and PAN, and has no government fee. Once registered, your business gets an Udyam Registration Number and certificate, which open the door to many MSME benefits.

Benefits of Udyam Registration

• Easier bank credit: MSME loans fall under priority sector lending, and many schemes need an Udyam certificate.
• Protection against delayed payments: under the MSMED Act, buyers must pay registered micro and small enterprises on time, generally within 45 days where there is an agreement, failing which interest is payable.
• Government tenders: preference and exemptions in many government purchases.
• Subsidies and schemes: access to central and state MSME schemes, including Telangana industrial incentives.
• Proof of business: useful for opening a current account, especially for proprietors.

Who Can Register?

Manufacturing and service businesses of all types, including proprietorships, partnership firms, LLPs, companies and cooperatives, can register. Classification as micro, small or medium depends on the business's investment in plant, machinery or equipment and its annual turnover, as notified by the government from time to time.

Details Required

• Aadhaar of the proprietor, managing partner or authorised director
• PAN of the business, and GSTIN where applicable
• Business name, address and bank account details
• Type of activity (manufacturing or services) and NIC codes
• Investment and turnover details
• Number of employees

How We Help

1. Check your eligibility and classification
2. Select the right activity (NIC) codes for your business
3. File your Udyam registration and download the certificate
4. Update your registration when your business details change

Frequently Asked Questions

Is there a fee for Udyam registration?
No. Registration on the official Udyam portal is free.

Does Udyam registration need renewal?
No renewal is needed, but details should be updated when they change.

Register Your MSME Today

Talk to Naresh Pokala & Company, Chartered Accountants, LB Nagar, Hyderabad. WhatsApp us on 73068 10570.