Register Your Business as an MSME on the Udyam Portal

Yes. Registration on the official Udyam Registration portal is free, and the government does not charge any fee for it. Be cautious of websites that look official and ask for payment. Vibence charges only for professional assistance with preparing and filing your registration, such as choosing the correct activity codes and checking your classification, and our fee is shown to you upfront.

Any enterprise engaged in manufacturing or providing services that falls within the micro, small or medium limits can register. This includes proprietorships, partnership firms, LLPs, companies, cooperative societies and trusts. Classification is based on investment in plant, machinery or equipment and on annual turnover, under limits notified by the government. Our partner professionals confirm your classification before filing.

Udyam registration is largely paperless and self-declared. You need the Aadhaar of the proprietor, managing partner or authorised signatory, the PAN of the enterprise, and the GSTIN where GST registration applies. You also provide business address, bank details, activity details and figures for employees, investment and turnover. Investment and turnover data is linked to income tax and GST records.

No. Udyam registration does not expire and has no renewal requirement. However, your classification can change as your investment and turnover change, and the details on the portal should be kept accurate. Information from income tax and GST records is used to update classification. If your business details change, you should update the Udyam record.

Registered MSMEs can access a range of central and state schemes, priority sector lending, certain concessions in government procurement and protection under the law on delayed payments to micro and small enterprises. The exact benefits depend on the scheme, your classification and the rules in force at the time. Registration is the starting point, and each scheme has its own eligibility conditions.