Udyog Aadhaar Registration Online

Udyog Aadhaar Registration – Process, Documents Required & Benefits

The Udyog Aadhar Registration is a completely online process. It is a great boost for SMEs in the country and below we detail the entire process of registration for the same.

Udyog Aadhaar Registration

MSME / SSI / Udyog Aadhaar Registration

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How to Register in MSME?

Application Drafting

Submit the Draft, Make Payment.

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Certificate

Once Approved You will Receive MSME Certificate on Your Registered E-mail Address.

Online MSME Registration

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WHAT IS MSME REGISTRATION?

MSME remains for Micro, Small, Medium Enterprises and any venture that falls under any of these three classifications. MSME ventures are the foundation of any economy and are a motor of financial development, developing fair advancement for all. In this manner, to help and advance MSME enterprises by the Government of India through different sponsorships schemes and promote these companies through the MSMED Act. To profit the advantages under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required. Under MSMED act every MSME needs to get registered whether the business is service related or for manufacturing. MSME registration is a useful extract exclusion plot, impose endowments, control tax sponsorships, capital speculation appropriations, and others.

 

What is Udyog Aadhar? Why do we need it and how can you apply for it?

In recent times, for boosting small-scale businesses in the country, the Government of India has initiated the Udyog Aadhaar Registration process. Earlier, if you wished to start a business and get SSI registration or MSME registration, you needed to go through a lot of paperwork. Now, you need to fill only 2 forms: Entrepreneur Memorandum-I and Entrepreneur Memorandum-II instead of 11 different types of forms that were required earlier. The Udyog Aadhar Registration is a completely online process which is totally free of cost. Industries registered with Udyog Aadhar become entitled to receive the benefits of several government schemes such as subsidies, easy loan approvals etc.

UAM (Udyog Aadhaar Memorandum)

Udyog Aadhaar Memorandum is the registration form wherein the MSME certifies its existence, and provides mandatory information such as owner’s Aadhar details, bank account details etc. After submitting this form, an acknowledgment form is released to the registered email of the applicant containing the unique UAN (Udyog Aadhaar Number). As it is a self-declaration form, there’s no need for any supporting documentation. Note:( Even though supporting documents are not required, any central or state authority can ask for specific documentation as proof of information provided in the UAM form).

Udyog Aadhaar Registration Process

  1. The SME (Small and Medium Scale Enterprises) owner needs to fill a one-page form that he can do either online or offline. For online registration, the applicant should visit the official website: www.msme.gov.in
  2. If someone wishes to register for more than one industry then they should opt for individual registration
  3. In this form, the MSME has to self-certify its existence, details of the business activity, bank account, ownership and employment details and other information
  4. Here, during this registration process, the individual needs to provide his self-certified certificates
  5. As mentioned above, no registration fees are required to be paid for this process
  6. After filling the details and uploading the same, the registration number would be generated and the same would be mailed to the email address given in the UAM which should contain unique UAN (Udyog Aadhaar Number)

Documents Required for Udyog Aadhaar Registration 

Aadhaar NumberTwelve digit Aadhaar number which is issued to the applicant. This Aadhaar number in case of Proprietary Enterprise must be of the Managing partner, of Authorized Partner for Partnership Enterprise and of Authorized Person for Other forms of Enterprises
Name of Owner/PromoterThe name of applicant as provided in the Aadhaar Card
CategoryGeneral / Scheduled Tribe (ST)/ Scheduled Caste (SC) / Other Backward Castes (OBC)
Business NameName of the of Entity under which it is conducting its business. One applicant could have more than one enterprises and each one could be registered individually with the same Aadhaar Number for a separate Udyog Aadhaar
Type of OrganizationType of Business entity or Legal Entity. (Proprietorship, Partnership Firm, Hindu Undivided Family, Private Limited Company, Co-Operative, Public Limited Company, Self Help Group, LLP, Others)
AddressPostal Address of the business for communication purposes including contact numbers and email address
Date of CommencementThe commencement date of the respective businesses
Previous Registration Details (if any)Details of any previous MSME registration
Bank DetailsBanking details of the of the company which includes Bank Account number and IFSC Code
Key ActivityKey areas of activity of the business –service or manufacturing
National Industrial Classification (NIC) CodeThe NIC Code must be entered from the National Industrial Classification handbook. The Applicant might select multiple National Industrial Classification-2008 (NIC) Codes for including all of its activities.
Number of persons employedThe number of employees in the business
Investment in Plant & Machinery / EquipmentTotal amount investment in terms of machinery and equipment by the business
District Industry Center (DIC)The details of the DIC (District Industry Center) nearest to such business, if needed

Benefits of Udyog Aadhar Registration

  1. After registering their MSME, the applicant will receive the benefits of all the government schemes such as an easy loan, loan without guarantee,  loans with subsidized rates of interest etc.
  2. The applicant will receive financial support for participating in foreign expos to showcase their products.
  3. The applicant will also be eligible for government subsidies.
  4. Registration would facilitate hassle-free opening of current bank accounts in the name of the business.
  5. It would also allow businesses to apply for government micro business loans and other such related beneficial schemes.

With two lakhs registered businesses in the MSME category, the industry is moving towards becoming organized and systematized with maximum benefits for the entrepreneurs. If you need further help, talk to our expert. You can also avail our business registration services.

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