The Udyam Certificate is a government-issued document that certifies the registration of Micro, Small, and Medium Enterprises (MSMEs) under the Ministry of MSME in India. It is a mandatory requirement for businesses seeking benefits and schemes provided by the government to support MSMEs.
Documents required for obtaining an Udyam Certificate include the Aadhaar number of the business owner, PAN card (if applicable), business details, and bank account details.
Any individual or entity that wants to establish a Micro, Small, or Medium enterprise in India can apply for Udyam Registration. This includes proprietorships, partnerships, limited liability partnerships (LLPs), private limited companies, and other entities.
The Udyam Certificate provides several benefits, such as easier access to bank loans at lower interest rates, eligibility for various government subsidies and schemes, protection against delayed payments, and access to credit for international market participation.
To edit your Udyam Certificate, visit the Udyam Registration portal, log in using your registration number and Aadhaar-linked mobile number, and make necessary changes. Submit the edited application for approval.