Udyam Registration Opening Doors to Global Trade & Export

For thousands of Indian entrepreneurs, the dream of taking their business global is now within reach. Thanks to Udyam registration, The MSME can take forward steps for Globe trade & export entrepreneurs. By registering under Udyam, small businesses gain recognition, credibility, and access to numerous government schemes that empower them to compete in international markets. The process of Udyam registration is very simple and easy, no need for physical documentation. The Udyam registration is very important for all traders and export entrepreneurs. To register the Udyam registration take forward steps in your business globally.

What is Udyam registration?

Udyam registration is a government-issued certificate granted to eligible businesses as Micro, Small or Medium Enterprises (MSMEs) under the MSME Development Act, 2006. In July 2020 it was introduced as a replacement for the Udyog Aadhaar. The process of Udyam registration is made easy online with a paperless process. After successfully completing your registration process, you get 16 digits of the Udyam registration number FSSAI. The Udyam Registration ID is very important to log in to your Udyam portal. Udyam registration helps to grow your business. And accessing the various government benefits.

Eligible Entities for Udyam Registration:

Proprietorship firms
Partnership firms
Limited Liability Partnerships (LLPs)
Private Limited Companies
Public Limited Companies
Hindu Undivided Families (HUFs)
Co-operative Societies
Trusts
Any other undertaking engaged in manufacturing or providing services

Key components:

Only Indian businesses are eligible for registration.
Each business (with a unique PAN) can have one Udyam Registration.
The Udyam Registration registration process is completely online.
Existing businesses registered under Udyog Aadhaar, EM–Part-II, or MSME registration must re-register under Udyam to remain valid.

Required documents for Udyam registration:

No need for physical documents, but keep the following documents with you:
Aadhar number of proprietor, partner, or director.
PAN card.
Address of the business.
Bank details

Process of Filling Udyam Registration Form:

Step 1: Visit the official portal of Udyam registration.

Step-2: Select the option of “New Udyam Registration”.

Step 3: Enter the basic details of the business, such as:

Name of the applicant.
Mobile number.
Email ID.
PIN code, state district.
Gender.
Social category.
Business name.
Date of commencement of business
Address of the business.

Step 4: Type of Organisation:

Select the type of organisation that you are running. You can operate like:

Proprietorship firms
Partnership firms
Limited Liability Partnerships (LLPs)
Private Limited Companies
Public Limited Companies
Hindu Undivided Families (HUFs)
Co-operative Societies
Trusts
Other

Step 5: Fill in the details of the organisation, like

Main business activity of enterprises.
Investment plan and machinery.
Annual turnover.

Note: Based on investment and annual turnover criteria, your business undergoes micro, small or medium enterprise.

Step 6: Verification details:

Enter Aadhar Number.
PAN number.
GST Number.

Note: Enter correct details of Aadhar, PAN and GST. If you enter incorrect details, you will get errors.

Step 7: Enter Bank Detail:

Bank Name
Bank Account Number.
IFSC code.

Step 8: Mention the number of persons working in your organisation, like:

Male
Female
Others
Total

Step 9: Enter additional details about your business.

Step-10: Enter the verification code and click on the check boxes.

Step 11: Submit the Application.

Note: Once you submit the application, before you verify the application.

Benefits of Udyam Registration:

Access to Finance: To register the Udyam certificate, access the collateral-free loans under schemes like Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
Government Subsidies: Through the Udyam certificate, MSMEs enjoy subsidies on patent registration, industrial promotion, and technology upgrades.
Protection Against Delayed Payments: The MSME Act ensures that buyers must make payments within 45 days, promoting better cash flow.
Preference in Government Tenders: Udyam-registered businesses receive preference in government procurement and tenders.
Ease of Doing Business: The integrated portal interfaces with GST and income tax networks to ensure real-time data updates and reduce regulatory hassles.