New process of MSME Registration to take off from today: Govt

Government yesterday said that new process of MSME Registration will take off in the name of Udyam Registration from Wednesday.

MSME registration process is fully online, paperless and based on self-declaration.

No documents or proof are required to be uploaded for registering an MSME.

Adhaar Number will be required for registration. The new portal for Udyam Registration is www.udyamregistration.gov.in.

Micro, Small and Medium Enterprises Ministry said, the portal guides the entrepreneurs step by step as to what they should know, what they should do.

The Ministry said, after



completion of the process of registration, an Udyam Registration Certificate will be issued.

There will be no need for renewal of Registration. It said, Registration Process is totally free. No Costs or Fees are to be paid in this regard.

The Ministry has expressed confidence that this process will be extremely simple, seamless entrepreneur friendly.

It will set an example in Ease of Doing Business, not only in India but internationally.

It will reduce transaction time and costs. Entrepreneurs and Enterprises can focus on their real work and become globally competitive.