FAQ
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The Government has revised the MSME classification under Atma Nirbhar Bharat Abhiyan, and the revised classification is tabulated below:
| PARTICULARS | MICRO | SMALL | MEDIUM |
| ANNUAL TURNOVER | 5 CR. | 50 CR | 250 CR |
| INVESTMENT | 1 CR | 10 CR | 50 CR |
Yes, Udyam Registration is Aadhar based registration.
No, the benefits of Udyam registration are restricted to ‘Manufacturing’ and ‘service’ unit only.
The Udyam Registration is valid for lifetime.
- Aadhaar Number of applicants
- Name of the owner
- Gender
- Name of the Enterprise
- Type of Organisation (Company/LLP/Partnership/Proprietor)
- PAN of Enterprises
- PAN of Individual
- Location of plant
- Official Address
- Date of Commencement
- Previous Registration Details if any
- Bank Details such as IFSC Code, Account Number
- Major Activity (Objects) (The major activity i.e. either "Manufacturing" or "Service")
- Person employed (The total number of people who are directly been paid salary/ wages by the enterprise may be mentioned)
- Investment in plant & Machinery/Equipment
The process of obtaining Udyam Registration can take anywhere between 1 to 2 working days, subject to submission of correct information and complete documentation.
The broad process of obtaining Udyam Registration involves following steps:
- STEP 1: Provision of requisite mentioned documents/information to us
- STEP 2: Validating the documents/ information and processing the same.
- STEP 3: Filing of application and submission of the same in online/offline manner, as the case may be
- STEP 4: Processing of the application and issuance of registration certificate
Magus can help you with obtaining Udyam registration for your organization, as and when required, in a hassle-free manner within a reasonable time span and for competitive professional fee. To know more, please book a telephonic appointment with one of our consultants free of charge.
