Classification
Micro, small or medium, worked out from investment and turnover.
“where numbers align with narratives”
Business Setup & Registrations
FinAura registers your business as a micro, small or medium enterprise on the government's Udyam portal. We check your classification from investment and turnover, file the registration linked to your PAN and GST, and keep the details updated each year. Udyam registration gives access to MSME schemes and protection against delayed payments from buyers.
What is covered
The right classification, registered and kept current.
Micro, small or medium, worked out from investment and turnover.
Filed on the Udyam portal, linked to PAN and GST.
Udyam certificate with its registration number.
Details updated as investment, turnover or activities change.
Using MSME status to follow up buyers who pay late.
MSME schemes and benefits you may qualify for.
How the month runs
Check, register, use, update.
Step 1
Step 2
Step 3
Step 4
Your part
Our part
A common question
The MSMED Act requires buyers to pay registered micro and small enterprises within a fixed period, with interest if they pay late, and gives a route to recover overdue amounts.
Telling your buyers your Udyam number, and putting it on invoices, makes that protection count.
See the startup kitWho it is for
Classified by investment in plant and machinery.
Classified by investment in equipment and turnover.
Using MSME status to get paid within the legal period.
Where Udyam registration is required.
The rules, in plain English
MSMED Act, 2006
Enterprises register on the Udyam portal on self-declaration and are classified as micro, small or medium by investment and turnover.
Official source: msme.gov.inMSMED Act, 2006
Buyers must pay registered micro and small enterprises within the period the Act sets, failing which interest is payable.
Official source: msme.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Registration on the government Udyam portal has no government fee. Our fee covers checking classification, filing and updates.
Aadhaar of the owner or authorised signatory, PAN and, where applicable, GST details. Most other data comes from government records.
No renewal, but details should be updated when investment, turnover or activities change.
Retail and wholesale traders can register on the Udyam portal for priority-sector lending purposes.