Frequently Asked Questions

MSME registration was the old procedure of registration for MSMEs and involved additional forms namely - EM-I & EM-II registrations. Whereas, the Udyam registration is the latest process of registration for the MSMEs which require only the Aadhar & PAN for the registration.

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Your Uduam registration will be completed within two business days and you will be given the Udyam certificate on your registered email ID.

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Once you register under Udyam, you cannot change the state and district details of your address. However, you can change the local address in case of relocation within the same city/ town. If you want to update your address details in the MSME certificate, you must update the MSME certificate from the official portal.

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Udyog Aadhar was another procedure of registration for the Micro, Small, and Medium Enterprises. It was introduced to replace EM-I & EM-II. The unique identification number for Udyog Aadhar was known as Udyog Aadhar Memorandum. The Udyam registration is the latest procedure of registration for the Micro, Small, and Medium Enterprises. The unique identification provided for Udyam is known as the Udyam registration number.

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No, a person cannot have more than 2 Udyam registration. A person can file for only 1 Udyam with his Aadhar. However, the other activities/ branches related to the enterprise must be mentioned under single Udyam registration.

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If you want to migrate from Udyog to Udyam registration, you can re-register under the Udyam using your UAM number.

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No, UAM (Udyog Aadhaar Memorandum) and MSME (Micro, Small and Medium Enterprises) are not the same, but they are related.

MSME is a classification of businesses in India based on their size and investment in plant and machinery or equipment. As of June 2021, the Government of India has revised the classification of MSMEs based on their turnover, which has been effective since July 1, 2020. As per the revised classification, micro-enterprises are defined as businesses with a turnover of up to INR 50 million, small enterprises as businesses with a turnover of up to INR 250 million, and medium enterprises as businesses with a turnover of up to INR 1 billion.

UAM, on the other hand, is a one-page online registration form used by MSMEs to register themselves with the Ministry of MSME. UAM registration is voluntary, but it provides various benefits to the registered MSMEs such as easier access to credit, subsidies, and government schemes.

So, while MSME is a classification of businesses based on size and turnover, UAM is an online registration form used by MSMEs to register themselves with the Ministry of MSME.

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Yes, the following are the turnover limit for Micro, Small, and Medium Enterprises :

(i) Micro enterprises: These enterprises must have turnover below Rs. 5 crores.
(ii) Small enterprises: These enterprises must have turnover below 50 crores.
(iii) Medium enterprises: These enterprises must have turnover below Rs. 250 crore.

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There are various benefits of Udyog Aadhar:-

Collateral free loans

Deduction in taxes

Subsidy on various registrations

Credit facilities

Financial support from the government

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Those enterprises that qualify under the prescribed definition of Micro, Small, and Medium Enterprises are eligible to apply for MSME.

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Yes, the small retail/ wholesale shops also come under MSME and can get credit facilities from various financial institutions under MSME schemes.

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The EM is Entrepreneurs Memorandum form which had two forms namely - EM-I & EM-II which were filled up for availing the benefits from the government. The EM-I & EM-II forms were later replaced by Udyog Aadhar.

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Udyam certificate is valid for a lifetime. Once you have applied for Udyam registration with an Aadhar you can use it for a lifetime. However, if you want to rectify the mistakes in the Udyam registration, you can update your details from the official website of Udyam registration.

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Yes, you can easily apply for a loan with your Udyog Aadhar certificate. Since the MSMEs are given the benefit of Primary Sector Lending by the government you can easily access the loans from various financial institutions without the need for collateral security and at low-interest rates.

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Yes, Hospitals also come under MSME and can register under MSME and get the benefits of the MSME schemes

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