Description
What Is Udyog Aadhar Registration?
Online MSME Registration is a Government Registration provided to Micro, Small & Medium Enterprises. Udyog Aadhaar or MSME registration is a certificate provided to micro, small, medium-sized businesses in India under the Micro, Small and Medium Enterprise Development Act, 2006 (MSMED). When a business registers as MSME it becomes eligible to avail government schemes and subsidies that are exclusive for small businesses.
The owner, director or proprietor of the entity will provide his/her 12-digit Aadhar Number, whether the enterprise or entity is a sole proprietor, an LLP, a Private limited company or anything else. It should have the recognition certificate provided via the MSME registration process.
The main objectives of the MSME department with respect to providing Udyog Aadhaar registration are as follows:
- To extend the benefits of various government scheme at one stop to the SSI units;
- To enable the micro, small and medium enterprises to compete with international competition efficiently;
- To safeguard SSI from financial harassment in the hands of big industries.
- To promote the growth of micro, small and medium enterprises on a large scale to effectively tackle the widespread problems of unemployment and poverty.
Udyog Aadhaar Eligibility Criteria
Not all businesses can obtain Udyog Aadhaar registration. Only those entity that are classified as a micro, small or medium enterprise as per the table below based on investment in plant and machinery is eligible for Udyog Aadhaar.
Industry | Manufacturing Sector | Service Sector |
Micro-Enterprise | Investment of up to Rs. 25 lakhs in plant and machinery | Investment of up to Rs. 10 lakhs equipment |
Small Enterprise | Investment of up to Rs. 5 crores in plant and machinery | Investment of up to Rs. 2 crores in equipment |
Medium Enterprise | Investment of up to Rs. 10 crores in plant and machinery | Investment of up to Rs. 5 crores investment in equipment |
Benefits of Udyog Aadhaar Registration
- Registration is online and user-friendly
- No fee for filing
- No documentation required
- Collateral free loans from banks
- Reduced rate of Interest from banks
- Protection against delayed payments
- After getting registered with MSME, your business will get eligible for availing government scheme benefits which will include loans without guarantee, low-interest rates on loan, and easy loan.
- Fast resolution of disputes
- The exemption under the direct tax laws
- Benefits under the Credit guarantee scheme
- Protection from delayed payments
- Reimbursement of payment made for obtaining ISO registration
- Reimbursement of payment made for obtaining Trade Mark, Patent or Intellectual Property
- Octroi Benefits
- Waiver of Stamp duty and registration fees
- Concession in electricity bills
- You will have financial backing from the government for participating in foreign business expos.
- You will also get to enjoy other forms of subsidies that will help you in increasing your company’s revenue.
- You will get an exemption when your enterprise applies for government tenders.
- Your company gains preference for government certification.
Documents Required for Registration
Aadhaar Card of Applicant
Bank A/c No & IFSC Code
Current Address
Email Id
Mobile Number
Business Name
Frequently Asked Questions
Udyog Aadhaar Number is a unique 12 digit number for micro, small and medium enterprises in India. Just like there is an Aadhaar Card for a citizen and it has a 12 digit code, a Udyog Adhaar is for MSME. This 12 digit number contains all the information about micro, small and medium enterprises.
Register now for Online MSME Registration, we provide best quality service in affordable price.
This scheme is not mandatory as the state govt. can also provide services and support to MSMEs. It is still advised that MSMEs register themselves at Udyog Aadhaar. This helps them with all the finance-related schemes available from the government. There are benefits that are only available for the enterprises registered under Udyog Aadhaar.
The certificate provides the companies registered under Udyog Aadhaar special access to the schemes by govt. It directly links the enterprises to the govt. database and through it, they will get benefits faster and easily.
Both of them are same, but MSMEs register themselves for Udyog Aadhaar. Any company can register and not just MSMEs for Udyog Aadhaar registration. Udyog Aadhaar is a special identification scheme for MSME so they can get benefits from the government. policies. There are so many schemes available for MSMEs by the government. But not all enterprises can avail them. The one who registered in Udyog Aadhaar gets the benefits without much hassle.
The procedure is not hard. The user can directly visit the official website and apply for the UAM which is Udyog Aadhaar Memorandum. This document contains the Udyog Aadhaar number. In case the Udyog Aadhaar number is lost, the user needs to know other details and then enter them after they click on forgot my Udyog Aadhaar number. The procedure is similar to how people find their lost Aadhaar number when they lose it.
It is very easy. The users can log in to their udyog Aadhaar online and can do udyog Aadhaar update. The process of updating is easy, the users just need to remember all the credentials like their Udyog Aadhaar number and the registered mobile number. After that Udyog Aadhaar edit is possible. After updating, Udyog Aadhaar download is recommended.
- Visit www.udyogaadhaar.gov.in and go to the registration section.
- In the dedicated fields provided on the page, fill up your Aadhaar number and name.
- Click on the ‘Validate & Generate OTP’ button and start the registration process using the OTP which will be sent to the mobile number registered with your Aadhaar.
- You will be redirected to a new webpage with the form wherein you will be required to enter your 12-digit Aadhaar number and name of the business owner.
- Select the social category of the applicant. In case the applicant belongs to the SC, ST, or OBC category, the proof of the same might be required to be provided to the concerned authority.
- Select the gender of the applicant.
- The name of the enterprise through which the business will be conducted.
- The type of the organisation is to be selected from the list provided on the website.
- The PAN of the applicant is to be provided in the designated field.
- The applicant can add one or more plant locations under one registration.
- The complete official address (postal) of the business should be provided.
- The date of commencement of the business can be provided in the designated field.
- Previous registration details, if any, are to be provided.
- The bank account details of the business are to be provided.
- The applicant will be required to choose the National Industry Classification Code (NIC Code) as per the activities of the business.
- The count of the number of people employed in the organisation should be provided.
- The details of the investments made in plant and machinery are to be provided.
- The location of the DIC has to be filled up on the basis of the location of the business.
- After the form is filled up, cross-check all the information for any possible errors and click on the ‘Submit’ button at the end of the form.
- An OTP will be generated after this which will be sent to the email ID used for the registration process.
- Enter the OTP and the Captcha code and click on the ‘Submit’ button to process the application.
Register now for Online MSME Registration, we provide best quality service in affordable price.
Reviews
There are no reviews yet.