Frequently Asked Questions

The EM-I and EM-II registration forms were extra to the MSME registration process, which was the previous method of MSMEs' registration. The Udyam registration, on the other hand, is the most recent method of registration for MSMEs and simply requires the Aadhar & PAN for registration.

---

Within two business days, your Uduam registration will be complete, and you'll receive your Udyam certificate on your registered email address.

---

The state and district information associated with your address cannot be changed after you register with Udyam. In the event of a move within the same city or town, you may, however, alter the local address. The MSME certificate must be updated using the official portal if you want to change your address information.

---

For Micro, Small, and Medium Enterprises, Udyog Aadhar was an additional registration process. To replace EM-I & EM-II, it was introduced. Udyog Aadhar Memorandum was the name of the special identifying number for Udyog Aadhar. The most recent method of registration for Micro, Small, and Medium Enterprises is Udyam. The Udyam registration number is the special identifier offered for Udyam.

---

No, a person is not allowed to have 2 Udyam registrations. With his Aadhar, a person can only submit one Udyam. The additional enterprise-related activities or branches, however, must be listed under a single Udyam registration.

---

You can re-register under the Udyam using your UAM number if you desire to switch from Udyog to Udyam registration.

---

MSME (Micro, Small and Medium Enterprises) and UAM (Udyog Aadhaar Memorandum) are not the same thing, but they are connected.

Businesses in India are categorized as MSME based on their size and investment in plant, machinery, or equipment. The Government of India has altered the classification of MSMEs depending on their turnover, which is in force as of June 2021 and has been since July 1, 2020. According to the updated classification, small businesses are defined as having a turnover of up to INR 250 million, medium businesses as having a turnover of up to INR 1 billion. Microbusinesses are defined as having a revenue of up to INR 50 million.

On the other hand, MSMEs can register themselves with the Ministry of MSME via UAM, a one-page online registration form. Although UAM membership is optional, it offers registered MSMEs a number of advantages, including better access to loans, subsidies, and government programs.

So, whereas UAM is an online registration form used by MSMEs to register themselves with the Ministry of MSME, MSME is a classification of firms based on size and turnover.

---

Yes, the following constitutes the micro, small, and medium enterprise turnover limit:

(i) Micro enterprises: These businesses must have an annual revenue of less than Rs. 5 crores.
(ii) Small businesses: These companies must have an annual revenue of less than 50 crores.
(iii) Medium-sized businesses: These companies must have annual revenue under Rs. 250 crore.

---

There are various benefits of Udyog Aadhar:-

Loans without collateral

Tax deductions

Subsidy on various registrations

Credit facilities

Help from the government in terms of money

---

Applying for MSME is only open to businesses that meet the requirements for Micro, Small, and Medium Enterprises.

---

Yes, small retail and wholesale businesses fall under the MSME category and are eligible for loan facilities from a variety of financial institutions through MSME programmes.

---

The Entrepreneurs Memorandum (EM) form, also known as the EM-I & EM-II forms, were completed in order to be eligible for government subsidies. Later, Udyog Aadhar took the place of EM-I & EM-II forms.

---

Udyam is valid for lifetime. Once you've used an Aadhar to apply for Udyam registration, you can use it forever. However, you can change your information on the Udyam registration's official website if you want to fix any errors.

---

With your Udyog Aadhar certificate, you can certainly apply for a loan. You can easily receive loans from a variety of financial institutions without providing collateral security and at cheap interest rates because the government grants MSMEs the benefit of Primary Sector Lending.

---

Hospitals can register as MSME members and receive the benefits of the MSME initiatives; hence they do indeed fall under the MSME schemes.

---