Udyam Registration Form With Complete Online Process

The Udyam registration form is available only on the Udyam registration portal. Udyam registration is a self-declaration of the entrepreneur’s Aadhar details and other required information under Udyam MSME. The new definition for registration has been introduced by the Ministry of Micro, small and medium enterprises with effect from 1st July 2020. It specifies a composite criterion having both investment and turnover for classifying the enterprises as MSMEs.

The Udyam registration is fully online, based on self-declaration, and paperless. To register in Udyam, the applicant has to fill out a single form. This form is available at the official portal of Udyam registration. The Udyam Registration online is simple with a one-page registration form.

What is the process of Udyam Registration Form?

Udyam registration is based on self-declaration with an Aadhar number, PAN card, bank account details, and GSTIN (if applicable). The Udyam Registration process to register under Udyam are following:

1. Visit the Udyam registration.gov.in website

2. Click on the option ‘For new entrepreneurs who are not registered yet as MSME’.

3. Enter the ‘Aadhar number’, and ‘Name of entrepreneur’ and click on the ‘Validate & generate OTP’ option.

4. OTP will be sent to the entrepreneur’s mobile number linked with the Aadhar. Enter the OTP received on registered mobile number and click on the ‘Validate’.

5. Once the Aadhar is validated, the PAN verification page will appear. Enter the ‘Type of organization’, and ‘PAN’ number and click on the ‘Validate’ button.

6. The Udyam registration form will open on the screen. Enter the details such as Name of enterprise, Address of enterprise, mobile number, bank details, the NIC code, activity performed, and the number of persons employed.

7. Enter the details of investment in plant and machinery, select the declaration, and click on the ‘Submit and Get final OTP’.

8. Enter the OTP and submit the form. You will receive the Udyam Certificate Registration in the e-mail.

The Udyam registration is also known as Udyam Aadhar Registration.

What are the documents required for Udyam Certificate?

The list of documents for obtaining the Udyam Registration Certificate is as follows:

1. Aadhar card

• In the case of proprietorship, the Aadhar number of the proprietor is to be entered in the Udyam registration form.
• In the case of a partnership, the Aadhar number of the managing partner is to be entered in the Udyam form of registration.
• In the case of HUF, the Aadhar number of the Karta is to be entered in the Udyam form of registration.
• In the case of a Company or LLP Cooperative society or trust, the Aadhar number of the organization or authorized signatory is to be entered in the Udyam form of registration.

2. PAN card

3. GSTIN (GST Identification number), if the enterprise is required to be registered under GST law.

4. Bank account details of the business.

What is Udyam Registration Certificate?

Udyam certificate is an e-certificate with a permanent registration number provided by the Ministry of Micro, Small, and medium enterprises. The Udyam registration form is applied for Udyam certificate, it has a QR code that takes you to the Udyam portal of MSME. It can be accessed by facilitating ease of business in India.

The Udyam certificate doesn’t require renewal because it is valid till the existence of the enterprise. However, an enterprise cannot apply for more than one registration under Udyam. The certificate is needed for obtaining the benefits provided under various government schemes to MSMEs e.g., taking loans from banks at a lesser rate of interest.

What is the process of Udyam Verification?

Udyam verification is done to verify whether the applicant/user is an authorized member of Udyam MSME or not. However, the process of verification of Udyam registration form is given below: -

Step 1: Visit the Udyam registration portal

Step 2: Enter your 19-digit udyam number

Step 3: Enter the One-Time Password. You will receive an OTP sent to your registered phone number. The OTP is case-sensitive.

Step 4: To do Verification - Enter the CAPTCHA as shown on the page. The numbers and letters are case-sensitive.

Step 5: Select the ‘Verify’ option and then enter the CAPTCHA code shown and the OTP received.

What are the other ways to verify the Udyam certificate?

You can check the udyam verification of the certificate once you have received it. All certificates include a unique QR code. Udyam registration status check provides the QR code in your Udyam registration form and verifies the details of the same.

Step 1: Scan the QR code using your camera of the phone.

Step 2: You will be redirected to a webpage where all the details of the enterprise are provided.

This method of verification is useful when you are providing your certificate during MSME loan applications. The lender can scan the QR code on the certificate and verify all the details provided on the certificate of udyam registration.

What are the steps to download Udyam Certificate?

The Udyam certificate is also known as the Udyam Aadhar certificate download. You can also Udyam certificate download by following the given steps below:

Step 1: Visit the Udyam portal

Step 2: Click on the ‘Print/verify’ and then select the ‘Print certificate’ button. The application is made in Udyam registration form

Step 3: Enter the ‘Udyam Registration Number.’

Step 4: Choose the OTP option from the Mobile number or email ID.

Step 5: Click on the button called ‘Validate & Generate OTP’.

Step 6: Enter the OTP received on the e-mail ID/mobile number, and click on the ‘Validate OTP and login’ option on the screen.

Step 7: Once you have done the udyam registration login, you can also Udyam registration certificate download.

You can follow the same process for Udyam registration print your certificate.

What are the benefits of the Udyam certificate?

Udyam registration is a prerequisite to get the benefits of government schemes or programs of the Ministry of MSME. Udyam registration form must be submitted to avail of various benefits provided to boost the economy. Below are the major benefits of Udyam registration as follows:

• Lesser interest rates on loans
• Collateral free loans
• Discount on electricity bills
• Lesser Interest Rates for Bank Overdraft
• Assists in getting business government tenders
• Advantage on Patent and trademark fee
• Industrial promotion Subsidy eligibility
• International trade fair consideration
• Avail easy access to government licenses and approvals
• Protection against delayed payments
• Special exemptions under Direct tax
• Bar code registration subsidy
• Credit rating provision
• MSMEs are permitted to have Minimum Alternate Tax (MAT) credit to be carried forward for 15 years.

Conclusion

Udyam registration form is filled on the recognized platform launched by the MSMEs to boost and facilitate MSME growth in India for ease of doing business. It is no fee for registration, and you just need an Aadhar for Udyam registration. You must file only one Udyam registration even if you are involved in multiple manufacturing or service-related firms. In this article, we have understood the registration process and the meaning of the Udyam registration certificate. The process of downloading the udyam certificate and verification of udyam registration.