Online Udyog Aadhaar Registration Process By Athulya - April 9, 2019 Last Updated at: Dec 03, 2020 0 7263 Latest Update Enterprise Registration Simplified for MSMEs from 1st July Starting from 1st July, enterprises can register themselves based on Aadhaar number alone. This is as per the new norms notified by the Government on 26th June 2020. The enterprises are no longer required to upload certificates and documents for registering online. They can provide these details with a self-declaration. This new process is named as “Udyam Registration” and is made possible after the successful integration of the registration process with those of GST and Income Tax. The details provided in the self-declaration will be duly verified by the authorities based on GSTIN and PAN. Those who do not have Aadhaar can approach the Single Window Systems along with their identity proof for Aadhaar enrollment request, bank passbook copy, voter ID card, driving license, or passport. The Single Window Systems will facilitate registration after receiving the Aadhaar number. Online Udhyog Aadhaar Registration Process The new registration process for micro, small and medium-sized companies is in action in the name of Udyam Registration from July 2020. Government today clarified that there is no registration fee for filing Udyog Aadhar Memorandum and it is the only form of registration for MSMEs in India, because of complaints received regarding fee charged by certain agencies for facilitating the registration. The empowerment of digital India brought an uprising in every industry. The countless hours that people would spend in paperwork, can now be done in a fraction of time. The vital implementation and introduction of Udyog Aadhaar is an important addition to MSME. It is a basic platform for small scale businesses to help ease out various processes. Let’s understand Udyog Aadhaar in detail. Udyog Aadhaar Just the way businesses require to be registered with the government depending on their scale of business; likewise, medium and small scale industries are expected to register under Micro, Small and Medium Enterprises (MSMEs). Before the introduction of Udyog Aadhaar, this process used to be lengthy, time-consuming and offline. Now it is online too. Udyog Aadhaar is a 12 digit government identification exclusive number which is provided by the Ministry of MSME. Subsequently, it has come into reality, to bring forth the ease of working. Additionally, it has simplified procedure formats for medium and small scale organizations. There are countless benefits and business owners who register their business here can avail them. Register Your Startup Business Registration process There are two modes of registering Udyog Aadhaar – online and offline. Online registration: The Ministry of MSME has a one-page Udyog Aadhaar Registration Form which can be filled online. Above all, it is paperless, zero cost and offers an instant registration. It is a one-page form is to be filled out and filed online. No extra documentation needed except for the 12 digit Aadhaar card number. Below mentioned are the steps for online registration: Visit the Udyog Aadhaar website: https://udyogaadhaar.gov.in/ua/uam_registration.aspx Enter the valid details of the individual’s Aadhaar number in case of a partnership. In the case of a company, you should provide the Aadhaar number of the authorized signatory. Therefore, on submitting the form, you will receive an OTP on the registered mobile number linked with the Aadhaar card. Enter that OTP details and proceed further to fill the form. The personal information of the applicant will be required while filling the Udyog Aadhaar form. It must include – Aadhaar number, name of the owner (then click on ‘validate Aadhaar’), social category, gender, physical fitness, name of the enterprise, type of organization, date of business commencement, PAN number, location of business, previous registration, bank account details, major area of business activity, NIC code, number of employees, investment in machinery/equipment, DIC, etc. Upon filling all the details, go through it again to check for any mistakes and then click on ‘Submit’. Your registered phone number will receive an OTP. Enter the OTP. Enter the code on the screen for the final submission of the form and the online registration will be complete. Offline registration: The offline process to apply for an Udyog Aadhaar are: Apply for an Aadhaar card if you do not have one. Until you receive your Aadhaar card, the Udyog Aadhaar application can be made to the District Industry Center (DIC) or MSME-DI. You will be expected to submit the following documents to the DIC or MSME-DI: Aadhaar Enrollment ID slip or a copy of its request made for enrollment and any valid address proof. Fill out the physical form carefully and double-check for errors. Submit the duly filled form to the DIC or MSME-DI, and your application for registration will be complete. Consequently, on submission, you will receive an acknowledgement slip for a successful submission of the form. Later, you will receive a certificate with your Udyog Aadhaar number printed on it online, which can be further printed. Udyog Aadhaar Memorandum (UAM) Udyog Aadhaar Memorandum (UAM) is a free one-page self-declaration registration form. However, upon form submission, the given email ID will receive Udyog Aadhaar Acknowledgement. This email will state the exclusive Udyog Aadhaar Number (UAN). Therefore, one Aadhaar number can file numerous UAM. Consequently, all existing MSME which has already filed for Entrepreneurship. Memorandum – I/II or hold the registration for a small scale industry before the MSME Development Act, 2006 came into being, does not require filing a UAM but is allowed if desired. If you want to cancel your Udyog Aadhaar Registration, click here. Verification of UAM Follow the below process to verify the UAM. Visit the official UAM website: https://udyogaadhaar.gov.in/ua/ua_verifyuam.aspx Enter your UAM number. Your registered mobile number will receive a verification code. Enter that code. Then, enter the captcha and click on ‘Verify’. Benefits of Udyog Aadhaar Accordingly, businesses can explore various perks that the government offers. Udyog Aadhaar makes MSME eligible for a variety of government schemes such as loan without guarantee, easy loan process, low-interest rates, collateral-free loan and many more. In case of a delay in payment, the enterprises have a right to stay protected. Waiver of stamp duty and registration fees. Various direct tax exemptions. Financial support from the government for foreign export. Additional government subsidies like NSIC performance and credit rating, subsidy under CLCSS scheme for technology boost, subsidy on patent registration, IPS subsidy and many more opportunities open. Conclusion However, the launch of Udyog Aadhaar brings forth opportunities in abundance. Therefore, it gives the freedom for these enterprises to function smoothly and achieve their utmost potential. More importantly, adding to the growth of the nation’s economic growth and advancement. Do you have other legal doubts? What GST returns have to be furnished by a non-resident taxable assessee? There are certain documents to be submitted non-resident GST taxpayers. They have to file the GSTR 5 for filing the GST returns. Understand the procedure for GST registration and GST returns by clicking on it. What are the other MSME Schemes? Udyog Aadhaar Memorandum, grievance monitoring system, incubation, women entrepreneurship, zero defect zero effect, credit linked capital subsidy, etc. are other MSME schemes from the government. More on Income Tax Return Filing. When is it mandatory to file return of income? It is necessary that people who own a business and people whose gross income is more than the maximum exemption limit must file their income tax returns without fail. Learn more about ISO Certification. What are the benefits of ISO 9001 Certification? Less wastage. Better internal management. Hence, suitable for both large and small organizations. Compatible with various other ISO certifications. Enhanced customer acquisition and certification. More info on NGO Registration in India. Do I need to own office property to start an NGO? If it is a rented property, you need to have a Non-Objection Certificate or NOC. Ownership is not necessary to start an NGO. More about Udyog Aadhaar Registration here.