The Udyam Registration Certificate is an e-certificate that gets issued to MSMEs when they register themselves on the MSME Ministry’s Udyam portal. It was introduced by the government in July 2020 against the backdrop of the revision in the classification of MSMEs.

The Udyam portal aims to streamline the MSME registration process by replacing the previous Udyog Aadhaar Registration/Memorandum (UAM) e-filing process. Udyam Registration is a self-declarationbased, fully online, paperless, and costless process.

After startup registration, MSMEs are allotted an “Udyam Registration Number” that serves as their operational and legal identifier across the country. They are also issued the Udyam Registration Certificate, which bears a dynamic QR code that can be scanned to access the MSME’s details.

Benefits of MSME Certificate

• Lower compliance cost
• Improved access to MSME schemes
• Easy securing of government tenders
• Eligibility for PSL norms
• Protection against payment delays
• Better access to funds