Udyam Re-registration Refers To The Process By Which Existing Enterprises Registered Under The Earlier Msme (micro, Small, And Medium Enterprises) System Need To Update Their Details And Obtain A New Udyam Registration Certificate. It Is Necessary For Enterprises That are registered Under The Previous System, Such As The Udyog Aadhar Memorandum (UAM) Or Any Other Form Of MSME registration, To Migrate To The New Udyam Registration Portal.
The Government Of India Introduced The Udyam Registration Portal In July 2020 To Streamline The Registration Process For Msmes And Replace The Earlier Systems With A More Dynamic And Technology-driven Platform. As A Result, All Enterprises Previously Registered Under Any Form Of Msme Classification Were Required To Undergo Re-registration On The Udyam Registration Portal.
The Re-registration Process Is Essential To Ensure That The Details Of The Enterprises Are Updated By The New Guidelines And Definitions Set By The Government. It Involves Verifying And Updating Information Such As Business Turnover, Investments In Plant And Machinery Or Equipment, Pan (Permanent Account Number), Uid Details Of The Owner Or Proprietor, And Other Relevant Business Information.
Enterprises Seeking Re-registration Need To Provide Accurate And Up-to-date Information Through The Udyam Registration Portal. This Process Typically Involves Self-declaration Of The Enterprise's Details And Verification Of The Provided Information. It Is Important To Note That The Re-registration Should Be Done Within The Stipulated Time Frame As Specified By The Government To Ensure Compliance With The New Regulations.
Lokesh Rawat, From Madhya Pradesh
Recently applied MSME Certificate