Update Udyam certificate should be kept at the first place in MSMEs important task list. By keeping the address information of the business, the working system of the business, the number of employees, the detailed information of PAN, etc., updated regularly, MSMEs also get the full benefit of government schemes.
In this article, all the information is given about updating the Udyam registration one by one in detail.
What is Udyam registration?
Udyam registration is an identity issued by the government to micro, small, and medium enterprises working in India. In this, a special 19-digit code is issued, which certifies that this institution comes under the MSME category of the government. Traders registered in it get the benefit of various types of benefits, such as
- Easy access to government schemes
- Collateral-free loans
- Subsidies
- Protection from delayed payments
Why is it necessary to update the Udyam registration?
There are ups and downs in business; it is not stable. Udyam registration helps to avoid these fluctuations. Let’s look at some main points:
- Change in the name of the business or organization
- Change in the address of the business or organization
- Change in the turnover from manufacturing to a service provider
- Fluctuation in the number of employees
- Variation in cost or annual income
- Change in ownership, legal entity, or contact information
Things that can be updated in the Udyam certificate
By keeping your information up to date, you can avail the benefits without any legal action or hindrance. If you keep your MSME profile updated in the government information, then you should update what should be done in the Udyam registration.
- Name of the enterprise (major changes require new registration)
- PAN and Aadhaar update (once registered, changes are not allowed again)
- Office address
- Working system of the business
- NIC code
- Cost of plant and machinery
- Turnover
- Number of employees
- Email ID and mobile number
- Update details (permanent address, number of employees, turnover figures, etc.)
- Bank account details (if the bank has changed)
Keep these above points updated.
Documents required for Udyam Registration
Generally, Udyam registration can be updated online with the help of an Aadhaar card, but in special circumstances, some other documents are also required, like
- Udyam Registration Number
- Aadhaar Card of the applicant
- PAN Card of the enterprise
Step-by-step information for online Udyam registration
You can easily update the Udyam Registration Certificate by following the steps given below.
- First of all, go to the Udyam Registration Portal.
- Click on Update Udyam Certificate.
- Fill the Udyam Update form properly. Cross-check it again.
- You can provide the details of the updated certificate in the given dialog box.
- Keep in mind that the Aadhaar number and PAN card number cannot be updated.
- After that, enter the verification code in the given box to verify the whole process.
- Click on edit details.
When the processing is completed, you will receive a confirmation email, and you can download the updated certificate by going to the Udyam registration portal.
How to Check the Updated Udyam Certificate
After you’ve submitted your updated details, you can:
1. Visit the Udyam portal again
2. Click on “Download Udyam Certificate”
3. Enter your Name, URN, and mobile number
4. Download the updated certificate in MSME certificate download PDF
This certificate will reflect your latest information and is a valid proof of your MSME status.
Common Mistakes to Avoid
- Using the wrong PAN and Aadhaar number: You need to use your exact Aadhaar PAN number in your Udyam registration details.
- Not updating after turnover changes: If your business moves from the micro to the small or the small to the medium category, you must update.
- Changing organization type: You can’t change from proprietorship to partnership on the same URN. You’ll need a new registration.
- Using phishing websites: Always update only through official and authentic websites like the Udyam registration portal.
Conclusion
Updating the Udyam Registration Certificate is not just a formality. It is essential for the smooth functioning of your business. Due to old or incorrect information, you may face a delay in getting the benefits of the scheme or in getting the loan approved. Therefore, keep your Udyam Registration Certificate updated promptly and keep checking it regularly whenever the update is required so that you can avail of all the benefits at the right time.
