The Andaman & Nicobar Administration on October 7th 2024 issued a notification regarding streamlined Udyam Registration for Micro, Small, and Medium Enterprises (MSMEs).
Udyam Registration
Udyam Registration is a streamlined online process introduced by the Ministry of Micro, Small and Medium Enterprises (MSME) to register existing enterprises. It is a part of the government’s broader Ease of Doing Business initiatives aimed at promoting entrepreneurship and simplifying the registration framework for MSMEs.
Why Udyam Registration?
- Simplification: The Udyam Registration process is designed to be user-friendly, allowing entrepreneurs to register their businesses with minimal hassle.
- Cost-Effective: The registration is completely free, eliminating any financial burden that might deter small business owners from registering.
- Recognition: Registered MSMEs can enjoy various benefits, including easier access to credit, subsidies, and government schemes specifically tailored for small businesses.
Who Needs to Register?
Existing Enterprises
All existing enterprises that are currently registered under various schemes such as SSI, Entrepreneurs Memorandums, or Udyog Aadhaar Memorandum must re-register under Udyam Registration. This ensures that all businesses are recognized under a uniform registration system.
Definition of Enterprise
According to the MSMED Act 2006, an ‘Enterprise’ refers to any industrial undertaking or business engaged in the manufacture or production of goods or providing services. This encompasses a wide range of industries as specified in the First Schedule of the Industries (Development and Regulation) Act, 1951.
Proposed Units
It’s important to note that Udyam Registration is not applicable for proposed units. Only those ventures that have commenced commercial production or services are eligible for registration.
How to Register?
The Udyam Registration can only be completed through the official portal: udyamregistration.gov.in. This is the only authorized platform for MSME registration; no private agencies or individuals have been granted the authority to handle this process.
Step-by-Step Registration Process
- Visit the Official Portal: Navigate to the Udyam Registration website.
- Fill in the Required Details: Provide information about your business, including the type of enterprise, details of the owner, and the nature of the business.
- Submit Documents: You may need to upload necessary documents to verify your business.
- Receive Registration: Once submitted, you will receive a unique registration number and certificate.
Assistance for Entrepreneurs
For entrepreneurs in the Andaman & Nicobar Islands, the District Industries Centre (DIC) serves as the nodal agency for Udyam Registration. They offer guidance and support throughout the registration process.
How to Reach Out
Entrepreneurs can visit the Udyam Seva Kendra located at the District Industries Centre, Udyog Parisar, Middle Point. For any queries or assistance, you can contact them at:
- Phone: 03192-232819 / 232601
