If you own a big, medium or micro-enterprise and have not yet registered your MSME, please do register. You will realize that if you enroll your MSME through the Udyog Aadhar Memorandum, you will be eligible to get more benefits. Before the introduction of the Udyog Aadhar Memorandum (UAM) system, the former system was EM-I/II (Entrepreneur Memorandum). Under this system, Entrepreneurs used to rely on the national portal, and some states had their own portal for MSME registration. But, in illiterate regions, many people used to rely on manual paperwork.
What do you mean by Udyog Aadhar?
It is nothing but a government registration provided with a recognition certificate and a unique number to certify small or medium businesses. The central motive behind the launch of this facility was to provide the government with a way to deliver the maximum benefits to India’s medium or small businesses or industries, which are registered via MSME through their Aadhar Card Number.
Who Should Get Udyog Aadhar?
Almost every type of business field can obtain Udyog Aadhar, be it Hindu Undivided Family, Proprietorship, one-person company, Partnership Firm, production company, limited company, private limited company, limited liability partnership, co-operative societies or any association of persons or any other undertaking.
You should know that there are a set of criteria to be met by an entity in order to be classified as a medium, small or micro-enterprise in order to obtain MSME registration. If you own a company, you should check that your entity can be classified as a medium, small or micro-industry according to the criteria set out in the 2006 MSMED Act to check your eligibility.
Process for Udyog Aadhar Registration
Udyog Aadhar is quite easy, the form of the filling process is quite clear. Today’s system is kind of rejuvenated, finding comparatively less information than the EMI / II process.
Steps for registering MSME for obtaining Udyog Aadhar.
1. Visit the Official Website
Go to the official Website Udyog Aadhar Registration where you will find the very first step for getting your business registered online.
2. Fill Your Personal Information
- The first thing is need to enter your name and your 12-digit unique Aadhar number.
- Click on “Validate & Generate OTP.”
- You will get OTP on your registered mobile number
- Enter that OTP
- Select the social category from the options General, SC, ST and OBC.
Note: we can registration is an online portal that is there for individuals who possess an enterprise as well as an Aadhar card. person doesn’t have an Aadhar card, can also file for UAM with the GM (General Manager) of the concerned DIC (District Industries Centre).GOI will address the problems faced by entrepreneurs who don’t have an Aadhar card.
3.Details About the Enterprise
The information that you will have to provide complete postal address of the company/enterprise/entity including info about the district, pin code, state, email address, and mobile number.
4. Fill the Carry Forward Info
You must select the date your company started on the calendar provided. information regarding the previous registration through SSI, EM1, and EM2 including the UAM registration number.
5. Enter the Bank Details
Enter the details of the bank account number along with the IFSC code of the concerned branch where your enterprise’s account is active.
6.Classification of Your Enterprise
Mention the activity of your enterprise from the “services” or “manufacturing.” We know that if your business involves a combination of both options, things can be a bit confusing. In this case, you should consider choosing the category that constitutes the majority portion of the operations in your enterprise. If 80% of the total is service and 20% manufacturing, you’ll have to go to “Services.”
7. Investment
Include the total number of employees in your company and the total amount of money (in lakhs) you invested in your company.
8. Select the District Industry Center and Accept the Declaration
You have to select the district industry center from the provided drop-down list. After that, you will have to accept the declaration and submit your application in order to finish the process.
Finally, you will get an acknowledgment number.
Documents for Udyog Aadhar
- Name and Aadhar number of the business owner
- Proof for SC, ST and OBC social category
- Name of your enterprise
- Registration details of your enterprise
- Type of organization
- Current address and account details
- National Industrial Classification Code (NIC)
- Total number of employees at your organization
- Current activities of your firm
- Email ID and mobile number of the entrepreneur
- PAN number and the total investment made in the organization
Process to Edit Udyog Aadhar Details?
Udyog Aadhar number for your enterprise, you should know that there might be some mistakes with your Udyog Aadhar details. You should know that the details of your may be wrong. In the case that any error has crept during the registration process, you should not be disheartened as there is a simple and straightforward way to get rid of the problem.
MSME’s ministry recently launched a new provision that allows applicants to access the Memorandum of Udyog Aadhar. With just a few clicks you can quickly download or modify your data.
link to update your Udyog Aadhar Details. – Enter your Aadhar number, your name, and the OTP that you receive, and you can be able to edit or update your information.
Udyog Aadhar Verification
1. Visit the official Udyog Aadhar site for the verification, after that enter your 12 digit UAN Number.
2. If you don’t know about the UAN Number then checkout this Article about How you can print your Udyog aadhar without UAN Number.
3. So once you insert the information like Aadhar card number and 12 Digit UAN Number, you can check out that your Udyog Aadhar registration is real or not.
Udyog Aadhar – Benefits
Best 9 Benefits for the Ministry of MSME with the aim to protect small enterprises and to assist them in growth and development.
- Excise exemption
- The exemption under the direct tax laws
- Reduction in fee for filing patents and trademarks
- Credit guarantee scheme
- 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.
- financial backing from the government for participating in foreign business expos.
- You will also get to forms of subsidies that will help you in increasing your company’s revenue.
- Get concession in electricity bills
- You will get an exemption for your enterprise applies for government tenders.
FAQ
1.Udyog Aadhar Registration and Company Registration the same?
There is much difference between Udyog Aadhar registration And Company registration. It concerned with micro, small and medium-sized enterprises, small and medium-sized enterprises, which are classified or defined in terms of their investment in plants, equipment, and machinery. Company registration is concerned with the registration of business entities such as a Private Limited company, Limited Liability Partnership, Partnership, and One Person Company, etc.
2. What type of business can I start in Udyog Aadhaar?
You can start Any Manufacturing and Service-related business. There is No Foundation related type of business. That business should be Legal.
3. Who can register with Udyog Adhar?
Any Business can be registered under Udyog Aadhar until it fulfills the Turnover Criteria, If Business exceeds the prescribed turnover limit, it has to get a company registration.
4. How to register an e-commerce business through the Aadhaar Udyog portal?
You can register an e-commerce business by visiting the Udyog Aadhar Website using this link https://udyogaadhaar.gov.in/UA/UAM_Registration.aspx.
5. Can Udyog Aadhaar be used as a legal document for a company PAN card?
You must get a company registration from MCA Authority to get a pan card for a company and then you can apply for a Pan Card in the company’s name.
6. Can we register a company Pvt. Ltd. through Udyog Aadhaar?
No, Register a Private Limited Company you have to seek Company registration From the Ministry of Corporate Affairs. After Company registration You can acquire the Registration.
7. Can I change my name to Udyog Aadhaar?
No, you can’t change your name, but you can change your Business name.
8.Udyog Aadhar registration fees?
The government does not charge Any Fees on Udyog Aadhar Registration. The professional fees may be between 1000 to 5000 rs.
Conclusion
This article provides simple steps on how to check the status of Udyog Aadhar Registration. You can check the status through online portals and you can also verify your Udyog Aadhar memorandum online. When you visit the official website of Udyog Aadhar that you will find many options such as Udyog Aadhar Memorandum, print and verify UAM, for checking your Udyog Aadhar status you have to click on the verify UAM button and then you have to follow the above-given steps for checking your Udyog Aadhar memorandum status and for verification of Udyog Aadhar Memorandum.