How to Update or Modify Your Udyam Registration Details

Udyam Registration is an essential process for Micro, Small, and Medium Enterprises (MSMEs) in India. It provides businesses with recognition and various government benefits. However, business details may change over time, requiring an update in the Udyam Registration certificate. Updating your Udyam Registration ensures that your business information remains accurate and up to date.

In this guide, we will explain the step-by-step process of modifying your Udyam Registration details, the reasons for updating them, and other important information.

Benefits of Udyam Registration

1. Access to Government Schemes: MSMEs registered under Udyam can avail of benefits such as subsidies, lower interest rates on loans, and financial aid.

2. Easier Loan Approvals: Banks offer collateral-free loans to Udyam-registered businesses.

3. Subsidized Utility Bills: Eligible MSMEs can get subsidies on electricity and other utility bills.

4. Government Tenders: Registered businesses get preference in government procurement and tenders.

5. Protection Against Delayed Payments: MSMEs are legally protected under the MSME Development Act, 2006, ensuring timely payments from buyers.

6. Tax and Compliance Benefits: Various tax exemptions and rebates are available for Udyam-registered businesses.

7. Easier Credit Availability: Udyam Registration helps in getting business credit and overdraft facilities from financial institutions.

8. Market Support and Promotion: MSMEs receive support for participation in trade fairs and marketing campaigns.

Eligibility Criteria for Udyam Registration

Businesses must fall under the MSME category based on the following criteria:

• Micro Enterprise: Investment up to Rs. 1 crore and turnover up to Rs. 5 crore.

• Small Enterprise: Investment up to Rs. 10 crore and turnover up to Rs. 50 crore.

• Medium Enterprise: Investment up to Rs. 50 crore and turnover up to Rs. 250 crore.

Documents Required for Udyam Registration

1. Aadhaar Number (of the proprietor, partner, or director)

2. PAN Card (for taxation purposes)

3. GSTIN (if applicable)

4. Business Address Proof

5. Bank Account Details

6. NIC Code (National Industrial Classification Code for business activity)

7. Investment and Turnover Details

Why You May Need to Update Udyam Registration Details

There are several reasons why a business might need to modify its Udyam Registration details:

• Change in Business Name: If your business has rebranded or changed its legal name.

• Change in Address: If your office or factory location has changed.

• Update in Contact Details: If your mobile number or email ID has changed.

• Modification in Investment or Turnover Details: If your business has grown or reduced in size.

• Correction of Errors: If there were any mistakes in the originally submitted details.

• Change in Business Activities: If your enterprise has added or removed business activities.

• Change in Ownership or Legal Structure: If the business structure changes from proprietorship to partnership or private limited company.

Steps to Update Udyam Registration Details

Updating your Udyam Registration details is a simple process that can be completed online. Follow these steps:

Step 1: Visit the Udyam Registration Portal

Go to the official Udyam Registration website https://udyamregistration.co/.

Step 2: Login to Your Account

1. Click on “Update Udyam Registration” on the homepage.

2. Enter your Udyam Registration Number (URN).

3. Provide the registered mobile number or email ID.

4. Click on “Generate OTP”.

5. Enter the OTP received on your mobile/email and click “Validate”.

Step 3: Edit the Required Details

1. Once logged in, you will see your existing registration details.

2. Locate the section you want to modify (Business Name, Address, Contact, etc.).

3. Make the necessary changes.

Step 4: Submit the Updated Information

1. Carefully review all the modifications.

2. Click on “Submit” to save the changes.

3. You may be required to upload supporting documents for certain modifications (e.g., address change proof, PAN update, etc.).

Step 5: Verification and Approval

1. The changes will be reviewed by the authorities.

2. If all documents and details are correct, the updated Udyam Registration Certificate will be issued.

3. You will receive an email notification once the modifications are approved.

Important Points to Remember

• Accuracy Matters: Ensure that the updated information is accurate and matches government records.

• Limited Modifications: Some details like the Udyam Registration Number and Aadhaar details cannot be changed.

• Supporting Documents: Certain changes require document proof, such as address change or ownership modifications.

• Processing Time: The update process typically takes a few days for verification and approval.

• Government Compliance: Keeping details updated helps businesses stay compliant with government policies and receive benefits without issues.

Common Issues and How to Resolve Them

Issue 1: OTP Not Received

• Check if the registered mobile number/email is correct.

• Check spam or junk mail folders for the OTP email.

• Try again after a few minutes or use an alternate contact option.

Issue 2: Unable to Edit Certain Fields

• Some details like the Udyam Registration Number and Aadhaar cannot be modified.

• Contact the Udyam Helpline for further assistance.

Issue 3: Document Rejection

• Ensure that the uploaded document is clear and meets the required format.

• Provide a valid and updated document matching government records.

Issue 4: Registration Update Not Reflecting

• Wait for the verification process to complete.

• Check your registered email for update confirmation.

• If it takes longer than expected, contact the support team.

Benefits of Keeping Udyam Registration Details Updated

Keeping your Udyam Registration updated ensures that:

• Your business information remains accurate and verified.

• You continue to receive government benefits and subsidies.

• There are no issues in financial transactions and tenders.

• Your business maintains credibility with clients and government bodies.

• You avoid legal complications due to incorrect details.

Note: Now easily update udyam certificate through the udyam portal.

Conclusion

Updating your Udyam Registration details is an important task to ensure your business remains compliant with government policies. The process is simple, online, and takes only a few steps. Regularly reviewing and updating your details ensures that you do not miss out on any business opportunities or government benefits. Follow the steps mentioned above, and make sure your business details are always accurate and up to date.