Udyam Registration (MSME)
Udyam Registration is the official MSME registration on the Government of India portal. It replaces the old Udyog Aadhaar. It is completely free and paperless.
Classification
- Micro: Investment ≤ ₹1 Cr, Turnover ≤ ₹5 Cr
- Small: Investment ≤ ₹10 Cr, Turnover ≤ ₹50 Cr
- Medium: Investment ≤ ₹50 Cr, Turnover ≤ ₹250 Cr
Benefits
- Priority lending at concessional rates
- 25% purchase preference in government tenders
- Protection against delayed payments (45-day rule)
- Easier compliance under various labour laws