In today's competitive world, many people are interested in doing business, setting it as their goal and starting their own ventures. However, in this business field, Udyam registration plays a very important role. However, some business owners face problems during the Udyam registration process. But such problems can be easily solved by registering through the online Udyam registration portal.

Need to Know About What Udyam Registration Is?

The Udyam registration is a legal document for those who are running a business in India, whether it's a small, medium, or micro-enterprise. This certificate plays a very important role for such businesses. The MSME (Ministry of Micro, Small and Medium Enterprises) has declared this Udyam registration as a key document for business entities. Through this certificate, your business receives recognition from the government. This means that if you want to receive government subsidies or other benefits for your business, it is only possible with this certificate.

Those who wish to obtain this certificate can easily register online. Some people face certain problems related to the registration process. However, you can complete this registration very easily and without any difficulties.

Eligible Entities for Udyam Registration

• Proprietorship firms
• Partnership firms
• Limited Liability Partnerships (LLPs)
• Private Limited Companies
• Public Limited Companies
• Hindu Undivided Families (HUFs)
• Co-operative Societies
• Trusts
• Any other undertaking engaged in manufacturing or providing services

Key components

• Only Indian businesses are eligible for registration.
• Each business (with a unique PAN) can have one Udyam Registration.
• The Udyam Registration process is completely online.
• Existing businesses registered under Udyog Aadhaar, EM–Part-II, or MSME registration must re-register under Udyam to remain valid.

Required documents for Udyam registration

No need for physical documents, but keep the following documents with you:

• Aadhar number of the proprietor, partner, or director. 
• PAN card.
• Address of the business.
• Bank details

Process to apply for the Udyam registration certificate

Step 1: Visit the official portal of Udyam registration.

Step 2: Select the option of New Udyam registration.

Step 3: Fill in the details in the Udyam Registration form.

Step 4: Enter the verification code that is mentioned in the application

Step 5: At last, apply.

Problems are faced during the Udyam registration process

Not a proper understanding

Many business owners, due to not being aware of Udyam registration, are hesitant to get their certificates registered. This means that even those who are running established businesses, and are unaware of their importance are reluctant to get this registration done.

Solution

The government should undertake some initiatives because while business registration is recognized as a legal document in the present generation, those running older businesses lack awareness about this registration process, which is causing problems. Therefore, if the government conducts some awareness programs, everyone will gain an understanding of business registration.

Online registration problems

Some people are afraid of online registration, but the reality don't know is that it's easy to register for a job online. They face many problems while filling out the online form.

Solution

Entrepreneurs must definitely read and understand the details of trademark registration. They should also gain an understanding of this registration process from those who are knowledgeable about it. They should use the internet to watch videos related to registration and learn from them.

Errors in PAN and Aadhaar

Some people face a lot of errors with their PAN and Aadhaar, like not linking their PAN and Aadhaar, and obtaining different information in the two documents.

Solution

The PAN and Aadhaar are proof; you must visit the respective offices in time, correct any incorrect information, and link your PAN and Aadhaar.

Entering incorrect information

There are several categories in MSME, which depend on the turnover. However, some people enter incorrect information regarding the turnover and the firm.

Solution

You need to be very careful in time of the business registration process; you must focus completely on the registration and fill out the form carefully with no errors. Before starting the registration process, you must verify all the details once, and you need to exercise caution while entering them as well.

OTPs errors

The OTP is very important because registration is only completed after entering the OTP. Only the OTP gets to the mobile number that is linked to your Aadhaar, so please kindly check if your Aadhaar-linked mobile number is active.

Solution

To avoid OTP issues, there are two solutions: there should be no network issues, and the mobile number must be active with a recharge plan.

Some technical errors

These errors occur due to slow network speeds and browsers working slowly for some portals.

Solution

When a browser error occurs, wait for a minute and try again. Also, refresh the browser once and give it some time. If there are network issues, try doing it from an area with a good network connection.

To avail more financial benefits, Udyam download with Annexure.

Conclusion

Udyam registration is a document that every entrepreneur must register for. However, many people commonly face problems during the Udyam registration process. These problems should be addressed with due attention, and solutions should be found to complete the registration. Primarily, every entrepreneur must have a thorough understanding of Udyam registration.