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Glossary / Also known as

Udyam registered enterprise

Another name for MSME (Micro, Small and Medium Enterprises).

Other names
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What does Udyam registered enterprise mean?

Udyam registered enterprise is another name for MSME (Micro, Small and Medium Enterprises). A government classification for businesses based on investment and turnover that enables access to subsidies, priority lending, and special schemes.

The two names mean the same thing. You will see "Udyam registered enterprise" in some ledgers, reports and contracts and "Micro, Small and Medium Enterprises" in others. The full entry covers how it works, with examples.

Read the full definition of MSME (Micro, Small and Medium Enterprises)

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From the glossary

Related terms.

MSME payments MSME (Micro, Small and Medium Enterprises) A government classification for businesses based on investment and turnover that enables access to subsidies, priority lending, and special schemes. Also called micro and small enterprises, Udyam registered enterprise, MSE Statutory compliance Business Compliance The process of adhering to all applicable laws, regulations, and industry standards that govern business operations in India. Also called corporate compliance, regulatory compliance GST basics GST (Goods and Services Tax) India's unified indirect tax that replaced multiple central and state levies, creating a single national market for goods and services. Also called Goods & Services Tax ROC filing MCA (Ministry of Corporate Affairs) The Government of India ministry responsible for company registration, corporate regulation, and enforcement of the Companies Act and LLP Act. Also called MCA21, corporate affairs ministry MSME payments MSME Vendor Compliance MSME vendor compliance refers to the regulatory obligations buyers have when transacting with micro, small, and medium enterprise vendors, particularly regarding payment timelines under Section 43B(h). Also called MSME payment compliance, section 43B(h) compliance, MSME 45-day rule
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