MSME Updation In Chennai
With the use of the MSME Updation In Chennai Scheme, MSMEs can update their current data, including their current registration information, the business activity and nature of their operation, the information about their directors and promoters, their bank accounts, GSTIN, and other financial statements.
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MSME Updation in Chennai
The MSME Updation In Chennai Scheme enables MSMEs to update their existing information such as their current registration details, the business activity and nature of their operation, the details of their directors and promoters, their bank accounts, GSTIN and other financial statements. The portal also allows MSMEs to access various services such as loan applications, credit ratings, and access to training and skill development programs. The MSME Updation In Chennai Scheme is a great opportunity for MSMEs to update their information and comply with Government regulations.
Certain things in the MSME certificate cannot be updated
- Candidate Name
- District
- State
- Aadhaar Number
Benefits MSME Updation in Chennai
- Businesses can obtain bank loans at lower interest rates (about 1 to 1.5%) than conventional loans.
- Availability of tax rebates
- Special government bids aimed mostly at MSMEs
- MAT credit, or minimal alternative tax, can now be carried forward for up to five years rather than the previous 10 years.
- Option for a one-time payment of the outstanding balance
- MSME registration holders can access the government’s e-marketplace and e-tenders through the Udyam Registration Portal.
- Holders of an MSME registration are eligible for discounts on patent registration.
Checklist for MSME Updation In Chennai
- Business Name
- PAN Card
- Address Proof
- Bank Account Information
- GST Registration (if applicable)
- Aadhar Card
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Certificate of Incorporation
- Udyog Aadhaar Memorandum (UAM)
- Digital Signature Certificate (DSC)
Documents Required for MSME Updation in Chennai
- Aadhar card of Enterprise
- PAN Card of Enterprise
- GST Details
- Bank Details
- Latest Passport-size
Process for MSME Registration in Chennai
- Firstly, for Udyam update, go to the official Udyam registration website
- Secondly, for the Udyam Registration Update process, click on the “Update Details” tab on the ribbon
- Thirdly, you will see a drop-down menu. Click on “Update/Cancel Udyam Registration”.
- After that, the website will redirect you to the Udyami Login Page. On this page, you have to enter your Udyam Registration Number (URN), and mobile number, and pick whether you want your OTP on your phone on email id.
- Once you’ve put in the required details, click on validate and generate OTP. You will receive an OTP at your preferred location within moments. Enter the OTP in the box and click on “Validate OTP & Login”.
- Finally, after successful login, you will be able to see your Udyam Registration certificate. Click on the “Edit Details” button at the top-right to start editing the necessary details for Udyam update.
- Next, after clicking on the edit details button, the page will refresh to show an editable-form with your registration details. Accordingly, you can edit the information in the relevant fields.
- After you’ve finished editing, click on the “Update details” button. This is the last step in your online MSME certificate update process.
- After this, representatives will review and accordingly approve your updated details. Within a few working hours, an updated certificate will be sent to your registered email address.
- Alternatively, to download or print your updated Udyam certificate you can also follow the steps provided in our article on How to download and print Udyam Registration.