If you're interested in accessing a range of government schemes, then you should know about the Udyam Registration form in detail. This is the only gateway for small or medium enterprise owners to unlock a world full of opportunities and benefits.
Apart from being a regulatory requirement, Udyam Registration form online is more like a strategic move. Well, we have come up with a guide in which steps are outlined to let you ensure an accurate information submission.
What is the Udyam Aadhar Registration Form?
The Udyam Registration form or MSME Udyam Registration form is a kind of official document which is needed at the time of MSME registration. The earlier Entrepreneurship Memorandum has been replaced by this form and even you can easily access it online.
You can begin the registration process just by visiting the official portal of Udyam Registration. There is a need to have certain information and documents comprising your business PAN card and Aadhar card details. Also, you'll need relevant business information like bank account details, type of organization, name, and address.
How to Fill Udyam Registration Form?
Step 1: Access the Udyam Registration Portal
You can start your registration journey by visiting the official portal of Udyam Registration. Initiate the process by clicking the option of "New Registration." Now, enter your Aadhar number and verify it by using the OTP sent to the registered mobile number.
Step 2: Provide Business Details
As a next step, fill in all your required details related to the business, such as contact information, type, address, and name. You've to specify the commencement date of operations and the type of organization like partnership, company, proprietorship, etc. Also, provide information about your main business activities and additional activities you've undertaken.
Step 3: Classify Your Enterprise
As per the investment in plant and equipment or machinery and annual turnover, you can choose your appropriate category for the enterprise.
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The investment limit of micro-enterprises does not exceed Rs. 1 crore. On the other hand, the turnover limit should be up to Rs. 5 crore.
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For small enterprises, the investment limits are between Rs. 1 crore and Rs. 10 crore. Also, turnover limits should range from Rs. 5 crores to Rs. 50 crores.
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When it comes to medium enterprises, they have higher investment and turnoverlimits.
Step 4: Upload Documents
Try to upload scanned copies of your relevant documents like business registration certificates, PAN cards, and Aadhar cards. Make sure all your documents are legible and clear to avoid any kind of delays during the verification process.
Step 5: Final Submission
In the form, review all your provided information for completeness and accuracy. After satisfaction, you can submit your form for initiating the registration process. With your successful submission, an acknowledgment will be received with a unique URN or Udyam Registration Number.
Post-Registration Procedure
1) Acknowledgment of Registration
When you submit your form, the authorities will verify the details you've provided in the registration form. A certificate of registration will be issued upon successful verification comprising URN and other relevant information.
2) Update Information
There is a need to keep your registered information updated, mainly in case of any changes like business activity, contact details, and address. You can make any modifications or necessary updates to your registration details by visiting the Udyam Registration portal.
3) Avail Benefits and Schemes
When you're done with registration, your enterprise turns out to be eligible for various government benefits and schemes. Such benefits might comprise priority lending, access to government procurement opportunities, financial assistance, and subsidies.
Conclusion
So, it's a crucial step for you to complete the Udyam Registration form to avail a plethora of government benefits and support. There is no need to hesitate in leveraging the Udyam Registration benefits.