Micro, small, and medium enterprises in India need to get Udyam registration because, due to this, they get the benefits of all the benefits given by the government. Due to Udyam registration, MSME business gets official recognition, access to government schemes is available, loans are also easily available to expand the business, the interest rate on the loan is also low, and there are many government schemes in which loans are available even without pledging anything. Still, sometimes such a situation arises when MSME has to cancel or deactivate their Udyam Registration Certificate, such as when their business closes down, or there is a change in the structure of their business, or any other reason, etc.

This article explains everything about how an MSME owner can cancel and deactivate their Udyam certificate.

When should you cancel your Udyam certificate?

You should consider cancelling your Udyam certificate in the following cases:

• Your business is permanently closed.

• You have wrongly registered or made duplicate registrations.

• You want to register with updated information under a new certificate.

• When your business structure changes, for example, from a sole proprietorship to a private limited company

Cancelling the certificate ensures that your old data is not misused and acts as a safeguard against legal and tax-related confusion.

Things to remember before cancelling

When you are going to cancel your Udyam certificate, there are a few things you should keep in mind:

• Cancellation is irreversible

• Once you cancel your Udyam Registration Certificate, you will not be able to use that Udyam Registration Number again.

• If you plan to register again in the future, it will always ensure that you get a new Udyam Registration done only after cancelling your old Udyam Certificate.

• Always keep your Udyam registration number and registered mobile, and email ready.

Ways to cancel the Udyam certificate

Cancelling the Udyam registration certificate is a very simple process. Follow the steps given below and cancel it easily.

• First of all, go to the Udyam registration portal.

• After that, there will be an option for a cancel certificate in the navigation bar; click there.

• The cancel certificate form will come on the screen; whatever information is asked for in it, fill it in the form.

• After filling in the basic information, choose the type of cancellation.

• After that, enter the verification code in the given box and click on 'cancel application'. 

• When the whole process is completed, you will receive a confirmation email at your email address.

How long does it take to cancel?

Typically it takes 7 to 15 working days for the cancellation request to be processed. When the whole process is completed, you will receive a confirmation email on your email ID because your Udyam certificate has been deactivated.

If you do not receive a confirmation email within 2 weeks, you can complain.

Some mistakes that should be avoided

• Not mentioning the correct Udyam Number in the email.

• Using an unregistered email ID (always use the email ID used during registration)

• Not providing a valid reason for cancellation.

• Sending multiple requests can delay the process.

When you are entering the cancellation request, double-check all the details before submitting the form.

You Can Apply for Udyam Annexure Download Through Udyam Porta

Conclusion

Registering on the Udyam registration portal is a very simple process, similarly cancelling it is also easy. Whether your business is closing or you have registered incorrectly, it is very important that you deactivate your old Udyam certificate, this will keep your record clean and there will be no complications in the future.

By following the simple method given above, you can cancel that certificate without any confusion and trouble. And if you want to restart and modify your business whenever you want, you can always apply by going to New Udyam Registration.