Types of Entities Eligible

1. Manufacturing Enterprises:
   • Enterprises engaged in producing or manufacturing goods.
2. Service Enterprises:
   • Businesses involved in providing services.

 Eligible Business Entities

• Sole Proprietorships
• Partnership Firms
• Limited Liability Partnerships (LLPs)
• Private Limited Companies
• Co-operative Societies
• Hindu Undivided Families (HUFs)
• Associations of Persons
• Self-Help Groups

 Criteria for Startups and New Businesses

• Startups or new businesses can also register as MSMEs if they meet the investment and turnover limits.

Activities Covered

• Manufacturing:
  • Production, processing, preservation of goods.
• Service:
  • IT services, consulting, hospitality, transport, education, health, etc.
• Trading Enterprises (newly included under MSME benefits in some cases):
  • Wholesalers and retailers are eligible for registration under Udyam if they meet the turnover and investment criteria.. Who Cannot Apply?

• Large enterprises exceeding the defined limits of investment and turnover.
• Non-profit organizations that do not fall under the manufacturing or service sector.

 Mandatory Requirements

• Aadhaar Number:
  • For proprietors, partners, or directors.
• PAN Card:
  • Linked to the business entity.
• GSTIN (if applicable):
  • Required for businesses registered under GST.

Key Takeaway

Any entity engaged in manufacturing or providing services, within the prescribed limits of investment and turnover, is eligible to apply for MSME benefits.

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