Udyog Aadhaar for MSME – Registration Process, Documents Required, Benefits

Last Updated at: May 26, 2020
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Udyog Aadhaar for MSME - Registration Process, Documents Required, Benefits
Currently, until 2020, there are more than 60 lac registered MSMEs. However, the government estimates that there may be more than 6 crore MSMEs in India.

 

Udyog Aadhaar was introduced on 18th September 2015 to boost the small scale business in our country. Taking a cue from the “Mann Ki Baat” session, where our Prime Minister talked about simplifying procedures to start a micro, small and medium enterprises with the single page registration form, instead of involving the business owners into time-consuming difficult paperwork process.

By registering your company under Udyog Aadhaar Scheme online, MSME can tap into all government schemes and avail all exclusive benefits from various central/state government schemes. Moreover, Udyog Aadhaar online registration entitled MSME to avail subsidies and an easy loan from banks.

However, after the introduction of Udyog Aadhaar Memorandum (UAM), central and state government discourages the filing of Entrepreneur Memorandum (EM-I/EM-II). Earlier one has to fill 11 different types of forms to register an MSME.

Udyog Aadhaar registration is free of cost online registration process. Moreover, Udyog Aadhaar registration is applicable for running units. Indeed, no need to apply for upcoming units.

  1. No agency, representative or franchise has been approved by the Ministry of MSME  for Udyog Aadhaar Memorandum (UAM) Registration.
  2. UAM should be filed by the business owner, using own Aadhaar Number/Mobile number/Email ID.
  3. However, no fees are charged for UAM registration by the Ministry of MSME.
  4. Charging any amount of fees to file UAM is a punishable offence. Moreover, you could file a police complaint.

Ask Free Legal advice anytime

How to file Online Udyog Aadhaar Form for Udyog Aadhaar registration?

Step 1: Firstly, visit https://udyogaadhaar.gov.in/

Step 2: Enter the 12-digit Aadhaar Number and Name of the entrepreneur as given in the Aadhaar card.

If the entered name doesn’t match, the applicant cannot proceed further. After that click on the “Validate & Generate OTP” button.

The OTP will be sent to your UIDAI registered mobile number.

Or click on the “Reset” button to clear both the fields and re-enter the correct details.

Step 3: Finally, after successful validation, you need to enter “Social Category” -(General, SC/ST, OBC) you belong to.

  1. Gender of the Entrepreneur.
  2. The entrepreneur applicant has to select the Physically Handicapped status.
  3. Name of the Business:

The entrepreneur has to enter the name of the company. An entrepreneur can have more than one company. However, each one of the entities has to be registered separately under the same Aadhaar Number.

  1. Type of organisation:

From the given list, the applicant has to select the organisation type of his business.

  1. PAN Number:

Firstly, the applicant has to enter PAN if his business falls under a specific category:

  • Cooperative
  • Private Limited Company
  • Public Limited Company
  • Limited liability Partnership (LLP)

This section is optional for other types of business entities.

  1. Location of Plant:

    He/she needs to enter the location details of all the plants.

  1. Business Postal Address

    The applicant should fill the complete address of the business entity such as the District, State, Pin code, mobile number, and Email ID.

  1. Business Commencement:

    Date of Commencement of Business should be entered in the appropriate fields.

  1. Details of Previous Registration:

    Details of valid EM-I/EM-II as per the MSMED Act, 2006 should be furnished in the appropriate field.

  1. Bank Details:

    Firstly, the applicant should provide banking details of the business account.

  • Account Number
  • Bank
  • IFSC Code
  1. Major Activity:

    Here the applicant needs to choose the major activity – Manufacturing or Service, his/her business is engaged fro Udyog Aadhaar. Even the entity involved in both manufacturing and service, the applicant has to choose the major business activity type.

  1. National Industry Classification (NIC) Code:

    The Central Statistical Organisation (CSO) prepares the list of NIC code under the Ministry of Statistics and Program Implementation.

Moreover, the applicant can choose multiple codes of the Manufacturing and Service sector.

  1. No. of Employee:

    The applicant has to mention the number of employee involvement and who are receiving payment/wages.

  2. Total Investment:

    The calculation of total investment involves the value of items purchased excluding R&D, Industrial Safety Device, pollution control and others.

  1. DIC:

    The full form of DIC is District Industries Centre. However, based on the location of the business entity, the applicant has to fill the location of DIC.

  1. Submitting Application:

    Finally, the applicant must click on the SUBMIT” button and OTP will be sent to the registered Email ID.

Enter the OTP and also the captcha code to complete the application process.

How to do Udyog Aadhaar Registration without Aadhaar?

If an applicant has not registered with Aadhaar, then he/she must apply for Aadhaar enrolment.

For such applicants, UAM registration shall be filed by the DIC of the specific location. However, based on the location of the enterprise or MSME-DI on behalf of the entity.

But, he/she needs to submit the following documents. 

  • Firstly, the Aadhaar Enrolment ID slip or a copy of Aadhaar enrolment request.
  • Any of the below-mentioned documents:
  1. Bank Photo Passbook or
  2. Voter ID or
  3. Passport or
  4. Driving License or
  5. PAN Card or
  6. Employee Photo ID issued by government

Benefits of Udyog Aadhaar Registration:

  1. Easy loan approval at low-interest rates- subsidised rate
  2. Financial support to be  part of Foreign Expos
  3. Government schemes
  4. Hassle-free current bank account opening

For further assistance and registering your MSME, you can reach out to our experts. 

 

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Udyog Aadhaar for MSME – Registration Process, Documents Required, Benefits

942
Currently, until 2020, there are more than 60 lac registered MSMEs. However, the government estimates that there may be more than 6 crore MSMEs in India.

 

Udyog Aadhaar was introduced on 18th September 2015 to boost the small scale business in our country. Taking a cue from the “Mann Ki Baat” session, where our Prime Minister talked about simplifying procedures to start a micro, small and medium enterprises with the single page registration form, instead of involving the business owners into time-consuming difficult paperwork process.

By registering your company under Udyog Aadhaar Scheme online, MSME can tap into all government schemes and avail all exclusive benefits from various central/state government schemes. Moreover, Udyog Aadhaar online registration entitled MSME to avail subsidies and an easy loan from banks.

However, after the introduction of Udyog Aadhaar Memorandum (UAM), central and state government discourages the filing of Entrepreneur Memorandum (EM-I/EM-II). Earlier one has to fill 11 different types of forms to register an MSME.

Udyog Aadhaar registration is free of cost online registration process. Moreover, Udyog Aadhaar registration is applicable for running units. Indeed, no need to apply for upcoming units.

  1. No agency, representative or franchise has been approved by the Ministry of MSME  for Udyog Aadhaar Memorandum (UAM) Registration.
  2. UAM should be filed by the business owner, using own Aadhaar Number/Mobile number/Email ID.
  3. However, no fees are charged for UAM registration by the Ministry of MSME.
  4. Charging any amount of fees to file UAM is a punishable offence. Moreover, you could file a police complaint.

Ask Free Legal advice anytime

How to file Online Udyog Aadhaar Form for Udyog Aadhaar registration?

Step 1: Firstly, visit https://udyogaadhaar.gov.in/

Step 2: Enter the 12-digit Aadhaar Number and Name of the entrepreneur as given in the Aadhaar card.

If the entered name doesn’t match, the applicant cannot proceed further. After that click on the “Validate & Generate OTP” button.

The OTP will be sent to your UIDAI registered mobile number.

Or click on the “Reset” button to clear both the fields and re-enter the correct details.

Step 3: Finally, after successful validation, you need to enter “Social Category” -(General, SC/ST, OBC) you belong to.

  1. Gender of the Entrepreneur.
  2. The entrepreneur applicant has to select the Physically Handicapped status.
  3. Name of the Business:

The entrepreneur has to enter the name of the company. An entrepreneur can have more than one company. However, each one of the entities has to be registered separately under the same Aadhaar Number.

  1. Type of organisation:

From the given list, the applicant has to select the organisation type of his business.

  1. PAN Number:

Firstly, the applicant has to enter PAN if his business falls under a specific category:

  • Cooperative
  • Private Limited Company
  • Public Limited Company
  • Limited liability Partnership (LLP)

This section is optional for other types of business entities.

  1. Location of Plant:

    He/she needs to enter the location details of all the plants.

  1. Business Postal Address

    The applicant should fill the complete address of the business entity such as the District, State, Pin code, mobile number, and Email ID.

  1. Business Commencement:

    Date of Commencement of Business should be entered in the appropriate fields.

  1. Details of Previous Registration:

    Details of valid EM-I/EM-II as per the MSMED Act, 2006 should be furnished in the appropriate field.

  1. Bank Details:

    Firstly, the applicant should provide banking details of the business account.

  • Account Number
  • Bank
  • IFSC Code
  1. Major Activity:

    Here the applicant needs to choose the major activity – Manufacturing or Service, his/her business is engaged fro Udyog Aadhaar. Even the entity involved in both manufacturing and service, the applicant has to choose the major business activity type.

  1. National Industry Classification (NIC) Code:

    The Central Statistical Organisation (CSO) prepares the list of NIC code under the Ministry of Statistics and Program Implementation.

Moreover, the applicant can choose multiple codes of the Manufacturing and Service sector.

  1. No. of Employee:

    The applicant has to mention the number of employee involvement and who are receiving payment/wages.

  2. Total Investment:

    The calculation of total investment involves the value of items purchased excluding R&D, Industrial Safety Device, pollution control and others.

  1. DIC:

    The full form of DIC is District Industries Centre. However, based on the location of the business entity, the applicant has to fill the location of DIC.

  1. Submitting Application:

    Finally, the applicant must click on the SUBMIT” button and OTP will be sent to the registered Email ID.

Enter the OTP and also the captcha code to complete the application process.

How to do Udyog Aadhaar Registration without Aadhaar?

If an applicant has not registered with Aadhaar, then he/she must apply for Aadhaar enrolment.

For such applicants, UAM registration shall be filed by the DIC of the specific location. However, based on the location of the enterprise or MSME-DI on behalf of the entity.

But, he/she needs to submit the following documents. 

  • Firstly, the Aadhaar Enrolment ID slip or a copy of Aadhaar enrolment request.
  • Any of the below-mentioned documents:
  1. Bank Photo Passbook or
  2. Voter ID or
  3. Passport or
  4. Driving License or
  5. PAN Card or
  6. Employee Photo ID issued by government

Benefits of Udyog Aadhaar Registration:

  1. Easy loan approval at low-interest rates- subsidised rate
  2. Financial support to be  part of Foreign Expos
  3. Government schemes
  4. Hassle-free current bank account opening

For further assistance and registering your MSME, you can reach out to our experts. 

 

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