Registration Process under MSME

• Adhar number is now compulsory for registering under MSME act. 
• An application is to be filed online using Udyog Aadhar Registration, and this can be verified using e-Aadhar OTP.
• Provisional registration is given in the initial five years if an entity hasn’t started its business yet. 
• During this period, it can obtain loans from banks, and apply for various NOCs from regulatory bodies. 
• Once the entity commences its operations, it can apply for a permanent license which has a lifetime validity, unless canceled.