To register for Udyam, you need to visit the Udyam portal and create an account. Once you have created an account, you need to fill up the registration form and submit it. The registration process is free and takes only a few minutes.
What is Udyam Registration?
Udyam Registration is a government of India initiative to provide a single platform for the registration of Micro, Small and Medium Enterprises (MSMEs). The Udyam portal was launched on July 1, 2022, and it replaced the previous registration process for MSMEs, which was known as the MSME Registration Process. Here you can learn about how to register udyam and udyam queries
Who is eligible for Udyam?
Any enterprise that is involved in the production, manufacturing, or processing of goods or services is eligible for Udyam Registration. The enterprise must also have a turnover of less than INR 500 crores.
What are the benefits of Udyam Registration?
There are many benefits to Udyam Registration, including:
- Access to government schemes and subsidies
- Priority in government procurement
- Bank loans at lower interest rates
- Exemption from certain taxes and fees
- Easier access to export markets
How can I register for Udyam?
To register for Udyam, you need to visit the Udyam portal and create an account. Once you have created an account, you need to fill up the registration form and submit it. The registration process is free and takes only a few minutes.
What documents do I need for Udyam Registration?
The following documents are required for Udyam Registration:
- Aadhaar card of the proprietor or partner
- PAN card of the enterprise
- Bank account details of the enterprise
- Business address proof of the enterprise
How can I update my Udyam Registration?
To update your Udyam Registration, you need to visit the Udyam portal and log in to your account. Once you have logged in, you need to click on the “Update Registration” tab and make the necessary changes. You can update your registration as many times as required.
How can I cancel my Udyam Registration?
To cancel your Udyam Registration, you need to visit the Udyam portal and log in to your account. Once you have logged in, you need to click on the “Cancel Registration” tab and submit your request. Your registration will be cancelled within a few days.
Miscellaneous Udyam Queries
What is the difference between Udyam and MSME Registration?
Both are same, however, Udyam Registration is the new name for MSME Registration. The portal was launched on 1 July 2022, and it replaced the previous registration process for MSMEs, which was known as the MSME Registration Process.
Can I register for Udyam if I am not a resident of India?
No, you cannot register if you are not a resident of India. The enterprise must be registered in India and must have a business address in India.
What is the validity of Udyam Registration?
The Registration is valid for a lifetime. You do not need to renew your registration.
Can I change my business name after Udyam Registration?
Yes, you can change your business name after Registration. However, you will need to update your registration on the online portal.
What should I do if I lose my Udyam Registration certificate?
If you lose your certificate, you can download a duplicate certificate from the portal.