The Government e-Marketplace (GeM) portal is an online platform launched by the Government of India to facilitate the procurement of goods and services by various government departments, organisations, and public sector undertakings. Businesses registered on GeM may find it easier to secure a business loan, as the membership of a government-recognised platform enhances their credibility.
What is GeM portal registration?
GeM portal registration enables suppliers, including small and medium enterprises, to offer their products and services to government buyers transparently and efficiently. The portal streamlines procurement processes, ensuring fair competition, efficiency, and cost-effectiveness, ultimately promoting ease of doing business with the government.
Benefits of GeM Registration in India
- Wider market access: Suppliers gain access to a large pool of government buyers, increasing business opportunities.
- Transparency: Ensures transparent and fair procurement processes, reducing corruption and favouritism.
- Efficiency: Streamlines procurement processes, saving time and reducing administrative costs.
- Cost-effective: Competitive bidding leads to better pricing for government buyers.
- Ease of use: User-friendly interface with a simple registration process.
- Increased visibility: Suppliers can showcase their products and services to a wide audience.
- Government support: Encourages small and medium enterprises by providing a platform to compete with larger companies.
Benefits of GeM Registration for Start-ups
- Requirement exemptions: Start-ups are not required to meet strict criteria, like having prior experience or a certain turnover
- Pilot projects: Start-ups can take part in government trial orders, making it easier to introduce new products
- Feedback system: Buyers can rate the listed goods or services on the platform
- Flexibility: The platform offers more flexibility in choosing products, as they only need to be original to be listed
Documents required for GeM registration in India
- GST Registration: Proof of GST registration is mandatory for all suppliers. Know more about GST registration.
- Company Registration Certificate: For private limited companies, public limited companies, and limited liability partnerships (LLPs). Know more about company registration.
- Limited Liability Partnership Agreement: For LLPs, the partnership agreement document. Know more about Limited Liability Partnership.
- Udyog Aadhaar: Udyog Aadhaar number for micro, small, and medium enterprises (MSMEs).
- MSME Certificate: MSME certificate to avail benefits for micro, small, and medium enterprises. Know more about the MSME certificate.
- PAN Card: PAN card of the business or individual.
- Address Proof: Utility bills, lease agreements, or other official documents proving the address of the business.
- Bank Account Details: Cancelled cheque or bank statement for verifying bank account details.
- Aadhaar Card: Aadhaar card of the authorised signatory.
These documents ensure compliance and facilitate a smooth registration process on the Government e-Marketplace (GeM) portal.
GeM portal registration process in India
- Visit GeM portal: Go to the official Government e-Marketplace (GeM) website.
- Create an account: Click on the 'Register' button and select the type of user (Buyer/Seller).
- Provide details: Enter basic information like organisation type, name, email, and mobile number.
- Email verification: Verify the email address through the link sent to the registered email.
- Submit documents: Upload required documents such as GST registration, PAN card, and address proof.
- Complete profile: Fill in additional details like bank account information and business profile.
- Approval: Submit the application and wait for approval from GeM authorities.
- Start selling/buying: Once approved, log in and begin using the platform for procurement.
GeM registration fees in India
GeM registration fees in India depend on several factors, including:
GeM registration category:
- Buyers: Government departments, PSUs, and other authorised organisations do not pay any registration fee
- Sellers: Businesses, manufacturers, service providers, and individual entrepreneurs pay fees based on their type and turnover
GeM seller type:
- Micro and small enterprises (MSEs): Rs. 5,000 for a one-time, lifetime registration
- Medium enterprises: Rs. 10,000 for a one-time, lifetime registration
- Large enterprises: Rs. 25,000 for a one-time, lifetime registration
- Individual entrepreneurs: Rs. 500 for a one-time, lifetime registration
The Government e-Marketplace (GeM) portal offers free registration for buyers and sellers. There are no initial charges for creating an account or listing products and services. However, sellers are required to pay a transaction fee based on the value of orders received through the platform. This fee structure is designed to ensure transparency and cost-effectiveness in government procurement. The specific transaction fee varies depending on the order value and may be updated periodically. It is advisable to check the official GeM portal for the latest fee details and applicable charges.
How to pay GeM registration fees online?
- Login to GeM portal: Go to the official GeM portal and log in with your registered credentials.
- Navigate to payments: Access the 'Payments' section from the dashboard.
- Select payment option: Choose the 'Registration Fees' option if applicable.
- Enter details: Fill in the required details such as order ID or registration reference number.
- Choose payment method: Select a preferred payment method (credit/debit card, net banking, or UPI).
- Confirm payment: Review the payment details and confirm.
- Make payment: Complete the payment using the chosen method.
- Receipt generation: Download the payment receipt for future reference.
Conclusion
GeM registration is a crucial step for businesses seeking to expand their market by supplying goods and services to government entities. This transparent and efficient platform offers numerous benefits, including wider market access and reduced procurement costs. Additionally, businesses registered on GeM may find it easier to secure a business loan, as their participation in a government-recognised platform enhances their credibility. Overall, GeM registration opens up significant growth opportunities for enterprises of all sizes.
