Micro, small, and medium-sized enterprises (MSMEs) play a vital role in India's GDP, employing over 110 million people. Despite this, they encounter growth hurdles. To assist them, the Indian government launched a new classification on 13 May 2020, designating all MSMEs as 'Udyam' and making 'Udyam Registration' mandatory from 1 July 2020, to offer support and recognition.

Udyam Registration, initiated by the Ministry of Micro, Small, and Medium Enterprises, aims to categorise Indian MSMEs and provide them with rightful benefits. The registration process ensures seamless integration with diverse government databases, including PAN, GST, and IT.

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Documents Required for Udyam Registration Online

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Here are the documents and details that are typically required the registration:

• Aadhaar Number: The unique 12-digit Aadhaar number of the individual applicant or authorized signatory is essential.

• PAN Card: The Permanent Account Number (PAN) of the business or individual may be required in some cases.

• Business Information: Details about the business including its name, address, type of organization, and contact details.

• Bank Account Details: Information related to the bank account of the business, including the bank account number and IFSC code.

• Investment Details: Information regarding the total investment in the business, including machinery, equipment, and other capital assets.

• Industry Classification: Specific details related to the industry, such as the main line of business and sector.

• Employee Information: The total number of people employed by the business.

• Other Supporting Documents (if applicable): Depending on the nature and specific requirements of the business, additional documents might be required. This could include licenses, certifications, or other proofs that validate the existence and operation of the business.

• Email and Mobile Number: A valid email address and mobile number for receiving confirmation and communication.

Application Form for Udyam Registration Certificate

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It is an online process that requires specific personal and business details, potential fees, and adherence to procedural guidelines. Upon successful submission and approval, the certificate is issued, enabling the benefits allocated to small and medium-sized enterprises in India.

• Online Portal Access

• Aadhaar Number Requirement

• Business Information Submission

• Industry Classification

• Investment and Employee Data

• Document Upload

• Application Fees

• Confirmation Process

• Certificate Issuance