It is essential to keep your Udyam Certificate up to date for benefit from many government schemes and compliance purposes. This blog will help you with a step-by-step walkthrough of how to edit/update your Udyam/MSME certificate and the latest process updates.
Learning Why You Need to Update Your Udyam Certificate
An Updated Udyam Certificate keeps your company's data up-to-date, enabling you to avail of government schemes, financial support, and tax benefits specifically for MSMEs. Correct information also enables smooth business processes and builds stakeholders' trust.
Necessary documents required for updating Your Udyam Certificate
When you start your Udyam registration update process online, make sure that you have the following documents:
Aadhaar Number: The proprietor's Aadhaar for proprietorships, the managing partner's Aadhaar for partnerships, and the authorized signatory's Aadhaar for companies or trusts.
PAN (Permanent Account Number): Required for all businesses to confirm financial information.
GSTIN (Goods and Services Tax Identification Number): Required if your business is GST-registered.
Having all these details ready will make updating a breeze.
Step-by-Step Guide for Renewing Your Udyam Certificate
1. Go to the Official Udyam Registration Website:
Go to the Udyam Online Registration
2. Navigate the Update Area
On the landing page, go to 'Update Udyam Registration'
3. Edit the udyam certificate form that appears on your screen and fill in the information which is required like
Applicant’s name
Mobile number and email ID (It should be the same as mentioned in the udyam certificate)
Udyam registration number
Choose between mobile number and email ID where you want to receive an OTP
4. Give the details which you want to update
5. Enter the verification code shown on the screen in the box given below.
6. Accept terms and conditions and declaration by check marking the box
7. At last click on edit details
Your Udyam registration certificate will be updated within 24 hours.
Recent Updates to the Udyam Registration Process
The Ministry of MSME has made some changes to ease the Udyam Registration process:
Seamless Integration with Government Databases: The Udyam portal is seamlessly integrated with Income Tax and GST databases, which fetches investment and turnover information automatically. This eliminates manual entry of information and errors.
Self-Declaration Mechanism: Registration and updates are facilitated through self-declaration, avoiding the need to upload documents during application. Accuracy of records must be ensured for verification.
No Renewal Requirement: Registration once under the Udyam Certificate is not to be renewed from time to time. However, it is essential to notify changes in business details to continue with compliance and to avail benefits
