MSME Udyam Registraatioon

Difference Between MSME Registration and Udyam Registration in Gujarat

The Ministry of MSME has rebranded MSME registration as Udyam Registration, assigning a Unique Registration Number (UAN) to businesses. Essentially, MSME registration and Udyam Registration are the same, with the new system simplifying the process. L & C TechFin Advisory Pvt Ltd assists businesses across Gujarat in obtaining seamless MSME/Udyam registration.

What is MSME Registration?

MSME registration was introduced on October 2, 2006, to foster the growth and competitiveness of Micro, Small, and Medium Enterprises (MSMEs) in India. MSMEs are vital to the Indian economy, particularly in a business-driven state like Gujarat. The government launched MSME registration to offer various incentives and benefits to registered businesses, enabling them to thrive in a competitive market.

Definition of Micro, Small, and Medium Enterprises

As per the MSMED Act, 2006, MSMEs were categorized separately under the Manufacturing and Service sectors, each with distinct investment criteria. However, post May 13, 2020, the Government of India revised the classification, eliminating the difference between the two sectors and introducing investment and turnover-based criteria.

Classification of MSMEs as per the Latest Amendment

Updated MSME Classification (Post Aatmanirbhar Bharat Abhiyan)

What This Means for Gujarat Businesses

• Micro enterprises: Ideal for startups, artisans, and small traders.

• Small enterprises: Suitable for SME manufacturing units, IT firms, and small service providers.

• Medium enterprises: Beneficial for growing industrial units and exporters.

Benefits of MSME/Udyam Registration in Gujarat

Registering under MSME/Udyam offers numerous advantages, including:

• Access to exclusive government tenders for MSMEs.

• Lower interest rates on bank loans.

• Tax rebates and exemptions.

• Subsidized patent registration.

• Priority in government licenses and certifications.

• Eligibility for state and central government schemes.

Documents Required for MSME/Udyam Registration in Gujarat

To register your business under MSME/Udyam, the following documents are required:

For Proprietor/Directors/Partners:

• PAN Card

• Aadhar Card

For Registered Office Proof:

• Ownership Proof (Property Tax Receipt/Allotment Letter/Lease Agreement)

• If rented: Rent Agreement and No-Objection Certificate (NOC) from the landlord

• Utility Bill (Electricity/Gas/Water Bill – Not older than 2 months)

Additional Documents (If Applicable):

• Purchase Bills of raw materials

• Sales Bills for finished products

• Partnership Deed (For Partnership Firms)

• MOA, AOA & COI (For Pvt Ltd Companies)

• Industrial License (If applicable)

• Bank Account Statement

• Affidavit on Rs. 10 Non-Judicial Stamp Paper (Declaring machinery status & power requirement)

Process for MSME/Udyam Registration in Gujarat

Follow these steps to register under MSME/Udyam:

Step 1: Visit the Official Portal

Go to the Udyam Registration website: udyamregistration.gov.in

Step 2: Select the Relevant Category

• For new entrepreneurs: Click on “New Entrepreneurs who are not Registered yet as MSME”.

• For existing MSME holders: Click on “For those already having registration as UAM”.

Step 3: Aadhaar Validation

• Enter Aadhaar Number and Name (as per Aadhaar Card).

• Validate via OTP sent to the registered mobile number.

Step 4: Fill in Business Details

• Provide business details, including PAN, GSTIN (if applicable), and bank details.

• Submit after entering CAPTCHA verification.

Step 5: For UAM Holders (Migration Process)

• Enter the UAM number and validate via OTP.

• Post-validation, the registration process is completed.

How to Check Udyam Registration Status?

Follow these steps to verify your Udyam registration status:

1. Visit: https://udyamregistration.gov.in/PrintUdyamCertificate.aspx

2. Enter your Udyam Registration Number and registered phone number.

3. Select the OTP option (via mobile/email).

4. Click on Validate and Generate OTP.

Why Choose L & C TechFin Advisory Pvt Ltd for MSME/Udyam Registration in Gujarat?

At L & C TechFin Advisory Pvt Ltd, we provide end-to-end registration assistance to businesses across Gujarat, ensuring a hassle-free process. Our experts help you:

• Understand eligibility criteria.

• Gather the necessary documents.

• Complete online registration accurately.

• Avail government schemes and benefits.

Start your MSME/Udyam registration today and unlock growth opportunities, financial aid, and business incentives. Contact L & C TechFin Advisory Pvt Ltd for a free consultation!