Udyam Re-Registration - Online, Benefits, Document Required, Steps to Apply
In this article we have explained the process for Udyam Re-Registration form for the ministry of micro small and medium enterprises. So we will tell you about what is Udyam Re-Registration, what are the benefits of it, what documents are required for Udyam Re-Registration and why businesses need to re-register in Udyam. So that while filling out the Udyam Re-Registration form, you do not face any problems.
Why does a business need to re-register under the new Udyam registration portal?
Company entrepreneurs who have already registered under the Ministry of Micro Small Medium Enterprises holding the udyog aadhar certificate must re-register under the Ministry of Micro Small And Medium Enterprises MSME for the udyam certificate of registration before 31st March 2021.
In old udyog aadhar certificates the business classification whether it falls under micro small or medium enterprise indicates that the business entrepreneur does not get the benefits according to their venture because in old udyog aadhar certificate the investment and turnover was not mandatory and business entrepreneur also do not show the investment and turnover, so this is also the explanation for re-registering in Udyam registration. The companies, whether micro-small or medium-sized enterprises, are listed in the udyam registration on the basis of their investment and annual turnover.
In Udyam Registration PAN and GSTIN are also mandatory, so the udyam certificate automatically categorises their investment and turnover according to pan and GSTIN to show their company whether it is micro small and medium enterprises.
What is Udyam Re-Registration ?
The Government of India has begun the new Process Under MSME referred to as Udyam Registration earlier was known as Udyog Aadhaar Registration and the new enlistment system process under the Ministry of MSME will be known as Udyam Registration.
The process for the complicated registration procedure under the previous Udyog Aadhaar Registration will be streamlined after the introduction of the Udyam Registration. It would help to encourage the ease of doing business by a clear form of registration.
Note : According to the notification by the Ministry of Micro Small And Medium Enterprises (MSME) of the Union on 1 June 2020, MSMEs will now be renamed Udyam. The business or companies represent the word "Udyam." Companies that have registered as Udyog Aadhaar will now have to re-register under Udyam Registration before 31 March 2021.
Benefits of Udyam Re-Registration
With the Udyam Re-Registration, there are lots of benefits, but we will provide you with some key points provided by the Ministry of micro small and medium enterprises.
Udyam Re-Registration is online and entirely focused on self declaration basis.
Without any protection and delays bank loans are easily issued.
Subsidies will be given for the interest rate on bank loan registering of patents and barcodes,filing of GST and Income tax etc.
Defense from postponed fees.
Privilege on payments for power and water.
How to Apply for Udyam Re-Registration?
Following are the steps to apply for Udyam Re-Registration :
Just fill in the form for Udyam Re-Registration by providing your basic details.
Now make the online payment for the application for Udyam Re-Registration.
Your Re-Registration request will be reviewed by one of our representative executives.
You will receive the Udyam Re-Registration certificate at your registered email address within 1-2 hours.
Note: Your Udyog Aadhaar Number must be registered with a mobile number for OTP verification.One of the executives will get you in touch for the OTP verification you must have to share the OTP with the representative.
Documents to be needed for Udyam Re-Registration
For re-enrollment under Udyam Registration, you will just need to archive the 14-digit Udyog Aadhaar Number (UAN), Aadhaar Card, PAN Card and GSTIN on account of organization enlistment.
Your old udyog aadhar certificate linked mobile number or linked email address must be active for OTP verification for re-registration in the udyam registration.
Why to choose our services?
We are private sector consultants who provide Udyam registration consulting services to small scale business owners. We provide services, such as Udyam registration, Udyog aadhaar update, Udyog Aadhaar printing, etc. Our goal is to make it easier for entrepreneurs and start-ups to start and run their companies, including business registration, acquiring the requisite licence, and compliance services after incorporation. We also helped launch and operate thousands of organisations over time by providing a wide variety of company services.
If you are facing some kind of Udyam re-registration issues, then you are free to contact us just by filling up the Udyam Re-Registration form.