Udyam Re-Registration is a one-time online registration for MSMEs in India, who has already registered under old udyog aadhaar process. This is why re-registration process is introduced by governmernmt. Conversion is now became compulsory for MSMEs.
Existing MSMEs must re-register for the Benefits of Udyam Registration include tax exemptions, credit access, and subsidies. Registration is free and requires Aadhaar and PAN card numbers. Udyam Registration is a lifetime certificate for availing these benefits provided from government side.
Udyam re-registration certificate offers several benefits to MSMEs in India. Some of the advantages of getting registered under Udyam re-registration are:
Priority sector lending: MSMEs registered under Udyam re-registration can avail priority sector lending from banks at lower interest rates.
Easy access to credit: The Udyam registration certificate acts as a credible document for availing business loans and credit from financial institutions.
Government schemes: MSMEs registered under Udyam re-registration can access various government schemes such as the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), which provides collateral-free loans to small businesses.
Concession in electricity bills: MSMEs registered under Udyam re-registration can avail concessions in electricity bills and other utilities.
Protection against delayed payments: Udyam re-registration certificate holders can file complaints against delayed payments by buyers under the Micro, Small and Medium Enterprises Development Act, 2006.
Access to tenders: MSMEs registered under Udyam re-registration can participate in government tenders and procurements, which are reserved for small and medium-sized businesses.
Overall, getting registered under Udyam re-registration can help MSMEs in India to grow and expand their business by providing them with access to various benefits and opportunities.
The following documents are needed for MSME re-registration:
1. An exact replica of the prior Udyog Aadhaar Certificate to kow the number of registration. (mandatory)
2. Owners PAN card (mandatory only if not given before)
3. Business address proof like utility bills, rent agreement if business location changed.
4. Details of bank account if business account changed.
5. GST require if want to connect with certificate of udyam registration.
6. Partnership Deed / MOA and AOA if available and not submitted in before registration.
The re-registration process is simple and can be completed online. Here are the steps to apply for Udyam Re-Registration:
1. Go to Above given Udyam Re-Registration form.
2. Enter the Name, Email Id, Mobile Number as per previous udyog aadhaar.
3. Put in your previous MSME Udyog Aadhar registration number after entering above details.
4. Fill the Update box if you'd want to correct any necessary information in new certifiate, and keep the supporting documentation handy, including your Aadhaar card, PAN card, business address proof, bank account information, previous Udyog Aadhaar Memorandum, GST certificate, partnership deed/MOA, and AOA, as well as any other necessary documents.
5. Make sure all the documents are appropriate and that the information entered is accurate.
6. submit your application and pay for it.
7. A new Udyam Registration Certificate containing the revised information will be prepared and sent to the registered email address or mobile number within two to three hours of the application being filed.
By following these simple steps, MSMEs can complete the re-registration process and obtain their Udyam Re-Registration Certificate Online.
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Read MoreUdyam Re-Registration is a registration process for the Holder of old Udyog Aadhaar Registration Certificate. Any MSMEs that now have udyog must convert it to MSME Udyam Registration, as per the government's recent mandate.
Although Udyog Aadhar and Udyam have somewhat comparable registration processes but they are two different programs, udyam Registration is the Upgraded version of Udyog Aadhaar. Any enterprise they have udyog can easily convert it to udyam. So, you can apply for Udyam registration right away if you have a 12-digit Udyog Aadhar number.
Converting Udyog Aadhaar to Udyam Registration is simple just you need to fill out the Udyam Re-Registration Form which is given above and pay the consultancy fee. After Successful registration you will get your udyam certifcate in a registered mail.