FreeComplianceUdyam registration: MSME registration for companies
Udyam registration is the official MSME registration under the MSMED Act. It is free, online and based on PAN and GST data. For a small company, it brings protection against delayed payments and access to MSME schemes.
How to register
- 1.Go to the Udyam registration portal.
- 2.Enter the Aadhaar of the authorised signatory (a director for a company), verified by OTP.
- 3.Enter the company PAN; details are fetched from the Income-tax and GST databases.
- 4.Provide address, bank details, activity (NIC code) and number of employees.
- 5.Submit to get the Udyam Registration Number and certificate.
There is no document upload or fee. Investment and turnover are taken from government databases.
Benefits
- Protection under the MSMED Act against delayed payments by buyers, with interest. See 45-day payment rule.
- Priority sector lending and collateral-free loans under government guarantee schemes.
- Preference in government procurement.
- Concessions in some state electricity, stamp duty and subsidy schemes.
Frequently asked questions
This guide is general information, not legal advice. Government fees and procedures change; confirm current figures before you file.
- MSME classification: micro, small and medium enterprise limits
Investment and turnover limits for micro, small and medium enterprises in India, and how exports and upgrades are treated.
- MSME 45-day payment rule and its income-tax impact
The MSMED Act payment deadline for micro and small suppliers, interest on delay, and the income-tax rule that disallows late payments.
- MSME-1: reporting dues to micro and small enterprises
Which companies must file MSME-1, what to report, half-yearly due dates, and how it ties to the 45-day payment rule.