What is MSME / Udyam Registration?
Udyam registration replaced the old Udyog Aadhaar system and gives businesses official MSME status. It unlocks priority-sector loans, collateral-free credit under CGTMSE, government tender benefits and protection against delayed payments from buyers. Since April 2025, the investment and turnover limits for MSME classification were raised, so more businesses now qualify. TaxBucket files the registration correctly, chooses the right NIC codes and keeps the certificate updated.
Who needs it?
- Manufacturers and service providers of all sizes up to the medium limits
- Proprietors, partnership firms, LLPs and companies
- Traders (for priority-sector lending benefits)
- Businesses supplying to large companies or government departments
Key benefits
- Collateral-free loans under CGTMSE and priority-sector lending
- Protection against delayed payments (buyers must pay within 45 days)
- Concessions in government tenders and on GeM
- Subsidies on patents, trademarks and ISO certification under various schemes
- Lower interest rates and easier credit from banks
Documents required
Checklist: keep these ready
- Aadhaar of the proprietor / managing partner / director
- PAN of the business
- GSTIN, where applicable
- Bank account details
- Investment and turnover details (auto-fetched from ITR/GST where available)
- NIC code of the business activity
Step-by-step process
- 1
Step 1
Check classification as micro, small or medium
- 2
Step 2
Aadhaar OTP verification on the Udyam portal
- 3
Step 3
PAN validation and auto-fetch of ITR/GST data
- 4
Step 4
Enter business details, NIC codes, investment and employment
- 5
Step 5
Submit and receive the Udyam Registration Certificate
Key facts: fees, timelines, due dates and penalties
- 1Micro: investment up to Rs 2.5 crore and turnover up to Rs 10 crore
- 2Small: investment up to Rs 25 crore and turnover up to Rs 100 crore
- 3Medium: investment up to Rs 125 crore and turnover up to Rs 500 crore
- 4No government fee; certificate is usually issued within 1 to 2 days
Why choose TaxBucket for MSME / Udyam Registration?
- 14+ years of experience in tax, GST, MCA and legal compliance
- ISO 9001:2015 certified company with a team of tax and compliance professionals
- Transparent pricing with no hidden charges
- End-to-end online process with a dedicated expert and regular status updates
- Office in South West Delhi; serving clients across India
Frequently asked questions
Is Udyam registration free?
Yes. The government charges no fee on the Udyam portal. Professional charges apply only if you use a consultant.
Do I need to renew my Udyam certificate?
No. The certificate is permanent, but details should be updated if your business information changes.
Can traders get Udyam registration?
Yes. Retail and wholesale traders can register, mainly for priority-sector lending benefits.
What is the 45-day payment rule for MSMEs?
Buyers must pay MSME suppliers within the agreed period, not exceeding 45 days; delays attract compound interest, and unpaid amounts are disallowed as expenses for the buyer under income tax law.
Get expert help with MSME / Udyam Registration today
Call +91 7838-000-475 or send your enquiry and our expert will get back to you.