How to Update Udyog Aadhar to Udyam Registration?

Here is a step-by-step procedure on How to Update Udyog Aadhar to Udyam Registration. The Indian government introduced Udyam Registration in July 2020. To substitute the Udyog Aadhaar Memorandum (UAM). To simplify the registration process for Micro, Small, and Medium Enterprises (MSMEs). This transition is crucial for businesses to be able to avail themselves of government benefits such as subsidies, loans, and exemptions.

Eligibility Criteria

For becoming eligible for Udyam Registration, your firm has to qualify in the category of MSME under investment and turnover criteria:

Micro Enterprises: Less than ₹1 crore of investment and less than ₹5 crores turnover.
Small Enterprises: Less than ₹10 crores of investment and less than ₹50 crores turnover.
Medium Enterprises: Less than ₹50 crores of investment and less than ₹250 crores turnover.

Most Important Documents Needed

Although Udyam Registration is a self-reported process with less documentation required. You will need the below-listed documents in order to complete the application form:

Aadhaar Card: Compulsory for the proprietor or the signatory.
PAN Card: For taxation purposes.
Business Address Proof: Rent agreement or electricity bills.
Partnership Deed or Certificate of Incorporation: In the case of partnership and company, respectively.
Bank Account Details: For making monetary transactions involving the business.

For Udyog Aadhaar to Udyam Registration migration, supporting documents could be needed:

Udyog Aadhaar Number (UAN): It is necessary to verify.
Sale and Purchase Bills: To substantiate business dealings.
NIC Code: For grouping of business activity.

Process on How to Update Udyog Aadhar to Udyam Registration

Visit official portal

Proceed to the Udyam Registration official portal at https://udyamregistration.gov.in.
Click the option for entities who already hold Udyog Aadhaar registration.

Provide Udyog Aadhaar Details

Enter your Udyog Aadhaar Number (UAN) and verify it using your registered mobile number or email address.

Fill in Business Details:

Enter the necessary personal and business information, such as PAN, Aadhaar, and business address.

Verify and Submit:

After the system verifies your details, you will be issued an e-certificate or Udyam Registration Certificate.

Receive Udyam Certificate:

The certificate will be delivered to your registered email ID, consisting of a distinctive 16-digit Udyam Registration Number.

Also Read: how to apply for cgtmse scheme online

Average Time Period for the Process

The Udyam Registration procedure is generally fast and can be done online in a few minutes to an hour. Depending on the internet speed and accuracy of information submitted. But the Udyam Certificate may take a few days after successful verification.