MSME Certificate: How to Download an MSME Or Udyam Certificate Online

MSMEs, standing for Micro, Small, and Medium Enterprises, are the pillars of India’s economy. Small industries have a huge scope for growth in a country with over 160 crore people.

Small-scale industries or SSIs, should register as MSMEs to avail a wide range of benefits offered by the government. Whether your company is into manufacturing or providing services, MSME registration can be obtained per the MSME Act.

An enterprise can be classified as Micro, Small, or Medium based on investment and annual turnover criteria.

This article will cover MSME registration, its benefits to your business, and how to download the MSME certificate online for free.

Easiest Way for MSMEs to Accept Payments

Table of Contents

What Is an MSME Certificate?

MSMEs, or micro, small, and medium enterprises, are vital in generating employment and economic growth. These enterprises are critical in promoting innovation and entrepreneurship and driving regional development. The MSME Certificate, popularly called the Udyam Certificate, is a formal statement indicating that the government recognizes an organisation as an MSME business entity.

MSME classification and registration have undergone multiple revisions to meet dynamic economic and government administrative needs. These revisions aim to simplify processes, widen access, and foster growth opportunities for small businesses.

Why Is an MSME Certificate Required?

An MSME Certificate opens the door to a range of government support programs. It provides small businesses access to crucial benefits, like relaxed MSME loan eligibility criteria, subsidies, tax incentives, and preferential access to procurement, all aimed at fostering growth and stability for micro, small, and medium enterprises.

The small business faces several challenges, including limited finance, technology, and market opportunities. The MSME Certificate helps overcome these hurdles by providing access to specialized schemes and initiatives aimed at supporting their growth and sustainability.

What Are the Benefits of an MSME Certificate?

The MSME Certificate is pivotal for small businesses, unlocking many benefits crucial for their growth and sustenance.

MSME certificate grants businesses easier access to loans and credit facilities, often backed by government guarantees. This makes it simpler for businesses to secure financing and comes with the added benefit of lower interest rates and relaxed collateral requirements.
Financial institutions offer a range of schemes specifically tailored for MSMEs, such as the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) in India, which provides credit guarantees to lenders, encouraging them to extend more loans to small businesses.
In addition to favorable credit terms, MSME registration can lead to significant tax benefits. These often include exemptions and deductions that help reduce the overall tax burden, though it’s important to note that these benefits can vary regionally. For example, different states may offer varying levels of tax relief to encourage local business development.
MSMEs also gain a competitive edge in government procurement processes. The certificate often qualifies them for preferential treatment in tenders, allowing them to participate in larger projects and contracts that might otherwise be out of reach.
Beyond financial and market access, the certificate opens doors to subsidies on patents, trademarks, and technology acquisition. This can be a game-changer for businesses looking to innovate and protect their intellectual property. The government’s support doesn’t stop there; it extends to infrastructure development and skill enhancement programs designed to bolster the operational capabilities of MSMEs.
Success stories abound of MSMEs that have leveraged these benefits for expansion. For instance, many have utilized financial incentives to scale up operations, enter new markets, and enhance product offerings. Official recognition through the MSME Certificate also acts as a trust seal, fostering confidence among potential business partners, clients, and investors.

How to Apply and Get a Udyam MSME Certificate?

Begin by navigating to the Udyam registration website.
Upon arriving at the main page, select ‘For new entrepreneurs who are not yet registered as MSME or those with EM-II.’
Input your ‘Aadhaar Number’ and ‘Name of Entrepreneur’, then press the ‘Validate & Generate OTP’ button.
You’ll receive an OTP on the mobile number associated with your Aadhaar card. Enter this OTP and select ‘Validate’.
Following Aadhaar validation, move on to verify your PAN on the subsequent page. Provide your ‘Type of Organisation’, and ‘PAN’ number, and press ‘Validate’. Additionally, confirm whether you’ve filed last year’s ITR and possess a GSTIN.
The Udyam registration form will then be displayed. Complete all necessary fields, such as entrepreneur name, mobile number, enterprise name, plant/unit location, enterprise address, enterprise status, bank details, unit activity, NIC code, and employee count.
Next, fill in details regarding investment in plant and machinery as well as turnover information. Tick the declaration box.
Enter the final OTP you receive and submit your application. Your MSME registration certificate will be sent to your email.

How to Download MSME Certificate Online?

An enterprise can be registered under the MSME Act by applying online on the government portal. After successful registration, you will get an MSME certificate issued by the Ministry of MSME.

Note that the MSME certificate, also known as Udyam or Udyog Aadhaar Certificate, has lifetime validity. You can download the Udyam certificate from the Udyam Registration website in simple steps.

Step 1: Visit the Udyam link http://udyamregistration.gov.in .
Step 2: On the top right corner of the web page, you will find a Print/Verify drop-down menu.
Step 3: From the menu, select the option Print Udyam Certificate.
Step 4: This opens the Udyami Login page.
Step 5: Enter the required details on the login page, such as your 16-digit Udyam Registration Number (format: UDYAM-XX-00-0000000) and the mobile number you had filled in on the MSME registration application.
Step 6: Below these fields, choose an OTP option. There are two ways to get an OTP:
1. OTP on Mobile as a filled-in application
2. OTP on Email as filled-in application
Step 7: Choose the option more convenient to you and click Validate & Generate OTP.
Step 8: In the next step, enter the received OTP and click Validate OTP & Print.
Step 9: You can now view your Udyog Aadhaar Certificate data on the home screen.
Step 10: To get a certified copy, select Print or Print with Annexure from the top center of the page.
1. If you select Print, you will get only the MSME certificate.
2. If you select Print with Annexure, the certificate will come with the Udyam Aadhaar Memorandum (UAM) application.

You can also save the certificate as a PDF on your computer or smartphone to access it later.

Acquiring your MSME/Udyam Certificate has been made effortlessly convenient, allowing you to download it either via your mobile device or by using your PAN number. Let’s explore the straightforward steps involved in obtaining your MSME/Udyam Certificate, ensuring you have the necessary documentation to propel your business forward with confidence and efficiency.

MSME Certificate Download by Mobile Number

To download the Udyam certificate via mobile number follow these steps:

Visit the official Udyam portal.
Click on ‘Print/Verify Udyam Certificate.’
Enter your registration number and registered mobile number to receive the OTP.
Enter the OTP for validation and download your certificate.

MSME Certificate Sample

Source

MSME Certificate Fees

There are no fees charged for obtaining the MSME/Udyam registration certificate from the government of India.

MSME Certificate Validity

The MSME/Udyam registration certificate is valid indefinitely, and there is no need to renew it periodically.

MSME Certificate Renewal

The MSME/Udyam Registration Certificate is optional to be renewed. It’s a one-time process that will need to be updated if any of the business registration information or details change at a later date. There is no need to renew a certificate as such.

How to Renew an MSME Certificate?

Here are the steps on how to update the MSME certificate:

Visit the official Udyam Portal.
Once you’ve logged in, you’ll need to complete the application form to correct your MSME certificate. The form asks for information like the name of your business, the current certificate number, and what changes you need to make.
Next, you’ll need to pay a small fee online to correct or update your MSME certificate.
After you’ve made the payment, the relevant authority will verify your documents. If everything is in order, they will approve and update your certificate accordingly.

Conclusion

Acquiring an MSME/Udyam Certificate is very simple and can be done through the online portal. A Udyam Registration Certificate is an official document that will confirm that you are a micro, small, or medium enterprise and thereby make you eligible for many kinds of benefits and growth. Utilize this certificate for various schemes, government tenders, subsidies, and incentives that are aimed at helping the MSME business and taking your business to new heights.

Frequently Asked Questions (FAQs)

1. Are the Udyam certificate and MSME the same?

Yes, the Udyam Registration Certificate and the MSME (Micro, Small and Medium Enterprises) Certificate are essentially the same. Udyam Registration is the new process introduced by the Government of India to register MSMEs and obtain the MSME certificate.

2. How can I convert MSME to Udyam?

If you already have an MSME registration certificate obtained through the earlier Entrepreneur Memorandum (EM) process, you can easily convert it to the new Udyam Registration.

Visit the Udyam Registration Portal
Select the “MSME to Udyam” option, enter your EM details, and complete the registration process.
Your existing MSME certificate will be replaced with the new Udyam Registration Certificate.

3. Is Udyam registration mandatory for MSME?

Yes, all MSMEs in India must get Udyam Registration. The government has made it mandatory for businesses to get the Udyam Registration Certificate to access the benefits and schemes introduced for the MSME sector.

4. Why are banks asking for Udyam registration?

Banks and financial institutions want Udyam registration to be done because it is the official certificate issued by the government to identify and recognize MSMEs. In simple terms, the Udyam Registration Certificate is proof of your business’s MSME status, and the bank needs to verify your MSME status to avail of MSME-specific loan schemes, subsidies, and other benefits.

5. Can we have two MSME certificates?

No, you cannot have two MSME certificates for the same business entity. The Udyam Registration Certificate is a unique identification number assigned to each MSME and only one certificate is issued per business.

6. How long does it typically take to get the MSME Certificate?

The overall process is fast. After filing online on the Udyam Registration Portal and submitting the records, you may receive the certificate within a few days. The exact timeline may vary depending on the MSME certificate verification process and the application volume.