How to Apply for Udyam Registration?
What is Udyam Registration?
As already declared by the Union Ministry of Micro, Small and Medium Enterprises (MSME), vide the Notification Dated 26th June, 2020, the new process of Classification and Registration of enterprises is starting from 1st July, 2020. An enterprise for this purpose will be known as Udyam and its Registration Process will be known as 'Udyam Registration.
Who is Eligible for Udyam Registration?
Any person who intends to establish a micro, small, medium enterprise may file online udyam registration.
What are the Documents Required for Udyam Registration?
The Online Udyam Registration application process is based on self-declaration, and there is no further requirement to upload any documents, certificates, papers, or proofs.
The user will only need to provide their 12-digit Aadhaar Number, Pan Card and Bank Account details of Business for the registration process.
There is no need for physical documents or any soft copies. The overall process just needs details about your business.
Udyam Registration Process
The Following simple 3 step procedure is to be followed:
- An MSME needs to apply for online Udyam Registration in Udyam Registration Portal.
- On successful submission of application, the enterprise will be assigned ‘Udyam Registration Number’ (i.e., permanent identity number).
- On completion of the registration process, the enterprise shall be issued a ‘Udyam Registration Certificate’.
For Existing Enterprises
All existing enterprises registered under EM–Part-II or UAM shall register again on the Udyam Registration portal on or after the 1st day of July, 2020.
All enterprises registered till 30th June, 2020, shall be reclassified in accordance with this notification.
The existing enterprises registered prior to 30th June,2020, shall continue to be valid only for a period up to the 31stday of March, 2021.
An enterprise registered with any other organisation under the Ministry of Micro, Small and Medium Enterprises shall register itself under Udyam Registration.