Hello everybody, This is Tanweer. Today I will guide you about the Udyog Aadhar Registration which is a completely online process and is totally free of cost. With the view to promote ease of doing business, the Ministry of MSME has come out with Udyog Aadhar registration, which can be filled only by small and medium businesses to obtain Udyog Aadhar registration.
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Udyog Aadhaar Registration
The online Udyog Aadhaar registration process has been created with an aim to encourage the online filing of Entrepreneurs Memorandum also known as MSME registration for Micro, Small and Medium Enterprises.
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.
The online Udyog Aadhaar registration process will simplify the registration process with an online and simple one-page registration form. In the form, the MSME will self-certify its existence, bank account, business activity details, employment and ownership details, and other information. 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.
UAM (Udyog Aadhaar Memorandum)
UAM has been notified by the Ministry of MSME under the MSMED Micro Small and Medium Enterprises Development Act, 2006 for promoting ease of starting small and medium-sized businesses, 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).
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Udyog Aadhaar Registration Process
- The SME that is 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
- If someone wishes to register for more than one industry then they should opt for individual registration
- 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
- Here, during this registration process, the individual needs to provide his self-certified certificates
- As mentioned above, no registration fees are required to be paid for this process
- 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)
NOTE: The UAM registration can also be done using the online by using the portal http://udyogaadhaar.gov.in from any part of the country. Additionally, mobile access is given to the UA portal.
Documents Required for Udyog Aadhaar Registration
Here, you will find the details and documents that you will require for completing the registration process in order to obtain Udyog Aadhar for your enterprise :
- Name and Aadhar number of the business owner (as mentioned in the Aadhar card)
- Document required as proof for SC, ST and OBC social category
- Name of your organization or enterprise
- Previous registration details of your enterprise
- Type of organization that you own
- Current address and account details
- NIC Code or National Industrial Classification Code
- The total number of workers employed 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 by the entrepreneur
Benefits of Udyog Aadhar Registration
There are several benefits of registering with Udyog Aadhaar. The best thing about obtaining Udyog Aadhar is that the process is quite simple and in addition to that, one won’t have to handle paperwork for obtaining Udyog Aadhar. Some of the benefits, that registered business receive are:
- 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.
- The applicant will receive financial support for participating in foreign expos to showcase their products.
- The applicant will also be eligible for government subsidies.
- Registration would facilitate hassle-free opening of current bank accounts in the name of the business.
- It would also allow businesses to apply for government micro business loans and other such related beneficial schemes.
CONCLUSION: The main motive behind launching Udyog Aadhaar facility was to provide maximum benefits to these industries and to help in the development of the nation. Just like any other business, small and medium scale industries also need to register themselves with the MSME. They can do it either online or offline using Udyog Aadhaar. Udyog Aadhaar or Aadhaar for business is a unique 12 digit Government Identification number provided by the Ministry of MSME for the small and medium enterprises.
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