Find out how to easily download Udyam Registration Certificate and start reaping the rewards with this complete guide. The idea behind the launch of the Udyam registration was to simplify the procedural format that entrepreneurs had to follow to register their business as a small and medium-sized micro-enterprise or MSME.
Before the introduction of Udyam registration, the procedure format was quite hectic and time-consuming, a bureaucratic process that required the processing of a large number of documents. However, with the introduction of the Udyam Registration Portal, the situation for medium, small, and micro businesses has changed and improved to some extent.
If you are a medium, small, or micro business and have not yet registered your MPMI, you know that by registering your MPMI through the Udyam registration you can reap numerous benefits.
The EM-I/II (Entrepreneur Memorandum) system existed before the AMU system. In this system, entrepreneurs have chosen a heterogeneous system.
Some of them relied on a national portal and some countries had their own MSME registration portal. Also, few of them relied on manual documents.
However, the situation changed after the old system was replaced.
What is Udyam Registration?
The main question of some budding entrepreneurs is what is Udyam registration? If you’re asking yourself the same question, you’ve come to the right place. The
Udyam registration, also known as the MPME registration, is nothing more than a government registration with a certificate of recognition and a unique number. This is for the certification of small/medium-sized businesses or corporations.
The main reason behind the establishment of this facility was to allow the government to offer maximum benefits to small or medium-sized businesses or industries in India registered through MPMI through Aadhar card number.
The owner, manager, or proprietor of the company provides their 12-digit Aadhar number. This is a binding policy whether the company or entity is a sole proprietorship, LLP, LLC, or otherwise. It should have a certificate of recognition issued as part of the MPMI registration process.
Who can get Udyam registration?
Let’s make it clear! Organizations eligible for Udyam registration must be involved in the manufacture, production, processing, or maintenance of goods or the provision of services. In other words, traders who buy, sell, import, or export goods cannot even apply for Udyam registration.
However, you should be aware that there are several criteria that a company must meet to be classified as medium, small, or micro to be eligible for MSME registration.
According to the current Council
Types of Enterprises ( for Manufacturing or Service sector, Both)
Investment up to Rs 1 Cr and turnover up to Rs 5 Cr
Investment up to Rs 10 Cr and turnover up to Rs 50 Cr
Investment upto Rs 50 Cr and turnover upto Rs250 Cr
Udyam registration process
The Udyam registration process is quite simple and the process of filling out the form is also quite simple. Today’s system is somewhat rejuvenated and it searches for relatively less information than the old process. It is important to note that MSME registration is free and the website does not charge any official fees for issuing registration certificates.
Everything is now much simpler and more efficient. This is a simple guide to register under MSME for Udyam registration.
Step 1: Visit the official website
Step 2: Enter your personal information
Step 3: Verify PAN
Step 4: Fill in mail details
Step 5: Fill in bank details
Step 6: Payment Details Enterprise
Step 7: Select County Industry Center and Accept Statement
All existing businesses registered under EM-Part- II or Udyog Adhar (UAM) must re-register on the Udyam registration portal on or after July 1, 2020.
Existing businesses registered before June 30, 2020, will be valid for some time only. until March 31, 2021.
Also, Visit here the guide on how to Download Udyam Certificate
Businesses registered with any other organization under the Ministry of Micro, Small, and Medium Enterprises register themselves under Udyam Registration
Hence, the deadline for registration according to the Udyam Business Registration Portal currently March 31, 2021.
Document requirements for Udyam registration?
- The MSME registration process is completely online, paperless, and based on self-report.
- There are no documentation or proof requirements for MSME registration.
- A new Adhaar stat is enough for registration.
- PAN and GST related details of business investment and revenue will be automatically extracted from the government database.
- PAN & GST number is required from 01.04.2021.
If there is a difference or complaint, what is the procedure?
In the event of any discrepancy or complaint, the General Manager of the County Industry Center of the concerned county will investigate to verify the details of the Udyam registration submitted by the company.
Thereafter, refer the matter with the necessary comments to the relevant Director or Commissioner or Minister of Industry of the State Government, who, after notifying the company and after authorizing the presentation of the case may amend the details or petition the Ministry of Micro, Small and Medium Enterprises, Government of India, to cancel the registration certificate of Udyam.
Register Udyam is a valuable tool for SMEs in India, helping to access many benefits and opportunities. This guide provides a detailed overview of your Udyam registration certificate download process, with easy-to-follow steps to get you started easily. With your Udyam registration certificate in hand, you can take advantage of government programs and grants, gain market credibility and streamline your business. Whether you’re a seasoned entrepreneur Or a new business owner, registering for Udyam is a necessary investment that can help you achieve your goals and maximize your potential. Follow this ultimate guide to the Udyam registration certificate and start enjoying its benefits today.
Also Read: MSME Documents Required