Udyam Registration For Businesses Registered Under MSME

On July 1st 2020, the Indian government started using the new MSME registration process called Udyam Registration – replacing the old way of doing things (Udyog Aadhar). This way of registering your business is much simpler and easier than it was in the past because you now have an online registration that does not require any paperwork.

The Union Ministry of MSME issued a notification on June 1st, 2020, stating that all MSMEs will now be referred to as "udyam". "Udyam" means a business or enterprise.

If you registered your business using Udyog Aadhar, you will need to register again using udyam before March 31st, 2021, if you want to continue receiving the benefits of being registered with the MSME.

Re-Registration for Udyam Registration Benefits

Registering Your Business Again Under Udyam Registration Has Many Benefits. These Very Facts Are Highlighted By The Ministry Of MSME. Below Are A Few Key Benefits:

A Fully Online, Paperless Process That Is Based On Self-Declaration
No Collateral Required For Bank Loans Given By Banks Without Security
The Only Required Documents To Complete A Re-Registration Process Is An Aadhar Card And Udyog Aadhar Number (UAN) (14 Digits Long)
There Are Subsidies By Banks For Interest Payable On Your Bank Loans, As Well As Subsidies Provided For Patent And Barcode Registrations, Substitutes For GST Filing And Income Tax Returns
You Have Protection For Your Receipt Of Payment Once It Is Due From The Buyer
There Are Also Concessions Available (Reductions) On Your Bills For Electricity And Water That Will Assist With Reducing Costs For The Operation Of Your Business

How to Re-Register on the Udyam Registration Portal?

Follow the step-by-step process below to complete your Udyam Re-Registration easily:

Step 1: Visit the official Udyam Registration Portal.

Step 2: Enter your 14-digit Udyog Aadhar Number (UAN).

Step 3: The Udyam Re-Registration form will appear on your screen.

Step 4: Fill in all the required details in the Re-Registration form carefully.

Step 5: Make the online payment for your Udyam Re-Registration application.

Step 6: A registration executive will process your application.

Step 7: Within 1–2 hours, you will receive your Udyam Re-Registration Certificate at your registered email address.

Documents Required for Udyam Re-Registration

To complete the Udyam Re-Registration, you will need the following documents:

14-digit Udyog Aadhar Number (UAN)
Aadhar Card of the applicant
PAN Card of the business owner or entity
GSTIN (only required in the case of company or LLP registration)

From Udyog Aadhaar to Udyam: A Small Business Success Story

Established in 2017 as a small manufacturing company in Jamshedpur, Jharkhand, Ravi Enterprises was initially registered under the Udyog Aadhaar scheme. However, this created obstacles for the business, such as limited access to government schemes, difficulties with getting collateral-free loans from banks, and long delays in receiving payments from buyers, all of which severely impacted the company’s cash flow and growth.

When the government introduced Udyam Registration in 2020, Ravi Enterprises realised that migrating to the new government registration system was essential to continue to access MSME benefits. Therefore, Ravi Enterprises completed the re-registration process early in 2021 via the Udyam Registration portal in a simple and paperless format using its Udyog Aadhaar Number, updated certain Business Information and verified certain information using a mobile phone OTP.

Ravi Enterprises realised many significant improvements after registering as a Udyam, such as easier access to bank loans without requiring collateral; eligibility for various types of government subsidy programmes; improved cash flow due to enhanced payment protection; reduced operating costs as a result of utility concessions; and increased credibility with customers and banks. Thus, this case study clearly demonstrates that transitioning to Udyam Registration allowed Ravi Enterprises to become financially stable and achieve both operational efficiency and long-term business growth.

Why Choose Our Services?

Udyam Registration Portal - One-Stop Udyam Commercial Business Re-Registration. Udyam Re-Registration is a seamless, quick, and easy-to-use process for all registered businesses, new entrepreneurs, and Start-up Businesses, and there are no issues with Udyam Re-Registration through our portal.

For assistance with your Udyam Commercial Business Re-Registration, contact us! https://udyamregistration.co

Please fill out the enquiry form on our website to receive assistance from one of our re-registration experts as soon as possible.

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