Micro, Small, and Medium Enterprises (MSMEs) in India are the backbone of the country's economic growth. The government has initiated numerous schemes and programs to promote these enterprises. To benefit from these schemes, obtaining and periodically renewing MSME registration is a prerequisite.

But occasionally, the companies commit minor mistakes while renewing, which can cause their certificate to get canceled or delayed. Therefore, some safety measures are to be adopted, and the entire process followed accordingly.

In this article, we will inform you in detail about the mistakes to be avoided and the correct procedures while renewing an MSME certificate.

Renew at the Right Time

• The biggest mistake most entrepreneurs make is procrastination till the last minute.

• If you don't renew your MSME certificate on time, your registration will expire.

• This can deprive you of government schemes, loan facilities, subsidies, and other incentives.

Although the Udyam Registration Certificate never expires and is valid for a lifetime, if there are any changes in your business, such as moving from the micro category of MSME to the small category of MSME, you need to renew your certificate.

Preparation of Documents in Total Sequence

Preparation of correct documents during the time of renewal is necessary. People upload incomplete or incorrect documents.

Required documents are:

• Aadhaar Card

• PAN Card

• Business Address Proof

• Bank Passbook Copy

• GST Registration (if applicable)

• Previous Certificate Details

Tip: Scan all documents and save them in PDF or JPEG form. This will prevent any obstacles in the process.

Filling Correct Business Details

Sometimes entrepreneurs provide incorrect details in a hurry.

For example, turnover, employees' strength, nature of business, production type, etc.

Providing false information may not only result in cancellation of the renewal but also invite a penalty.

Aadhaar and PAN linking

It is very much required to synchronize the Aadhaar card and PAN card at renewal.

In case of a mismatch in the date of birth or name between Aadhaar and PAN, the application may be rejected.

Tip: Check the details of Aadhaar and PAN beforehand and correct any errors.

Provide the correct mobile number and email ID

The renewal process is authenticated by an OTP (One-Time Password).

You will not be able to complete the application if your mobile number or email ID is deactivated.

Tip: Make sure your mobile number and email ID are active and reachable to you before applying.

Appropriate Use of Portal

More people utilize unauthorized websites instead of the government-authorized and authentic private Udyam Registration Portal.

It is a time and cost loss.

Tip: Renew your MSME/Udyam certificate only at the official and authentic portal.

Payment Caution

MSME certificate renewals are levied as per government rates.

Sometimes individuals visit an incorrect website and remit additional charges.

Tip: Pay only on the authentic portal and make sure to keep a receipt.

Double-Check Details

Double-check all details before submitting your application.

A small mistake can impact the entire process.

Tip: Read the draft carefully before submission, and submit the final application only after reading it carefully.

Take Professional Guidance

In case you find the process complicated or are not self-assured about working online, seek professional assistance.

Several authorized agencies and consultants offer assistance in MSME certificate renewal.

Tip: But always seek assistance from a well-known and trustworthy agency.

Avoid Technical Failures

Sometimes, due to excess traffic on the portal, technical issues are encountered.

People enter data repeatedly and get perplexed.

Tip: When the site is crashed, attempt to visit it after some time and ensure the browser is updated while attempting to do so.

What to do if you make a mistake in your MSME renewal?

• Don't panic if you make a mistake in your application.

• You can rectify mistakes by visiting the portal.

• Or contact the customer service (helpdesk) to resolve the issue.

You Can Apply for Cancel Udyam Registration Certificate Through Udyam Portal

Conclusion

It is simple to renew an MSME certificate, but haste or carelessness can complicate the job. Filing the renewal in due time, having papers at hand, providing correct information, and filing through only the sanctioned portal—all these will prevent you from making errors.

If you follow the given precautions, your MSME certificate renewal will be smooth, and you will be able to avail of government schemes and facilities without any hindrance.