MSME Registration Eligibility Criteria:
Only Manufacturing and Service Company can register (Any type of Product Manufacturer or Service Provider).
Traders are not allowed to register.
Can a trader apply for Udyog aadhar?
Not all businesses can obtain Udyog Aadhar registration. Only those entity that could be classified as a micro, small or medium enterprise as per the table below based on investment in plant and machinery is eligible for Udyog Aadhar.
Who is eligible for MSME?
What are Micro, Small and Medium Enterprise?
|Manufacturing Enterprises||Rs 2,500,000||Less than Rs 100,000,000|
|Service Enterprises||Less than Rs 10,00,000||Less than Rs 50,000,000|
Are traders classified under MSME?
Yes, a trader can get an MSME Certificate. But you should know that there are a set of criteria that an entity has to meet in order to be classified as a medium, small or micro enterprise for obtaining the MSME registration.
Is Udyog Aadhaar mandatory for MSME?
(i) Having Aadhaar Number is not mandatory for registering an MSME under Udyog Aadhaar. The Udyog Aadhaar Registration can be done online by individuals themselves in case they have an Aadhaar number.