Udyog Aadhaar Registration – Documents Required & Benefits

Last Updated at: June 27, 2020
4493
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.

Udyog Aadhaar Registration – Documents Required & Benefits

Udyog Aadhaar Registration is the new initiative of the Government to support small-scale businesses. Indeed the process of Udyog Aadhaar Registration has come as a replacement to the SSI Registration or/and MSME Registration. However, these registrations involved a lot of paper-work and were a time-taking process. The earlier processes required filling up of a total of 11 different forms, however, under the new Udyog Aadhaar Registration mechanism, an applicant is only required to fill in two forms, mentioned as under:

  1. Entrepreneur Memorandum-I
  2. Entrepreneur Memorandum-II

The process of the registration online involves no cost, whatsoever. Moreover, the business entities and industries that enroll themselves and register under the Udyog Aadhaar scheme are entitled to a wide range of benefits and entitlements under various government schemes such as subsidies, easy loan approvals, etc.

Get FREE MSME Registration

Udyog Aadhaar Memorandum (UAM)

It is the registration form which helps to certify the existence of the MSME. Moreover, it also provides for mandatory information such as the MSME’s owner’s personal details, contact and communication details, Aadhaar details, bank account details etc.

You will receive an acknowledgement form to your registered mail ID, once you have submitted the form. Indeed it contains the Udyog Aadhaar Number [UAN] which is useful for all future processes relating to the Udyog Aadhaar Registration. UAM is a self-declaration form and does not require any other supporting documents. However, it is completely up to the state or central authority, which might ask for certain documents to prove the information provided by the owner/applicant in the UAM form

How to do the Udyog Aadhaar Registration?

  1. The process for the registration is both online as well as offline. The SME (Small and Medium Scale Enterprises) owner, applying for Udyog Aadhaar is required to fill a  one-page form. You do either do it online or offline. However, to avail the online facility, one has to login to the official website of MSME. To login to the official website, use the link given: msme.gov.in
  2. As it is a self-declaration form, the MSME applicant has to self-certify the existence of the business along with all supporting documents mentioning the details of the business activity, bank account, ownership and employment details and other information
  3. However, the process does not involve the payment of any registration fee.
  4. Once you fill the details and have uploaded the same, a registration number is generated and sent to the owner/applicant’s registered e-mail address. This is the Udyog Aadhaar Number and keep it safe for all future purposes.

Documents required:

  • Name and Aadhaar number of owner
  • 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
  • Total investment made in the organization

Benefits:

  1. There is no fee for Udyog Aadhaar Registration
  2. One can file for more than one Udyog Aadhaar
  3. One can register online
  4. For participating in foreign business expos, you can avail the financial backing from the government
  5. Reduction in fee for filing patents and trademarks
  6. No documentation is necessary
  7. Great concession in electricity bills
  8. You will get an exemption when your enterprise applies for government tenders
    And lots more…
1+

Udyog Aadhaar Registration – Documents Required & Benefits

4493

Udyog Aadhaar Registration is the new initiative of the Government to support small-scale businesses. Indeed the process of Udyog Aadhaar Registration has come as a replacement to the SSI Registration or/and MSME Registration. However, these registrations involved a lot of paper-work and were a time-taking process. The earlier processes required filling up of a total of 11 different forms, however, under the new Udyog Aadhaar Registration mechanism, an applicant is only required to fill in two forms, mentioned as under:

  1. Entrepreneur Memorandum-I
  2. Entrepreneur Memorandum-II

The process of the registration online involves no cost, whatsoever. Moreover, the business entities and industries that enroll themselves and register under the Udyog Aadhaar scheme are entitled to a wide range of benefits and entitlements under various government schemes such as subsidies, easy loan approvals, etc.

Get FREE MSME Registration

Udyog Aadhaar Memorandum (UAM)

It is the registration form which helps to certify the existence of the MSME. Moreover, it also provides for mandatory information such as the MSME’s owner’s personal details, contact and communication details, Aadhaar details, bank account details etc.

You will receive an acknowledgement form to your registered mail ID, once you have submitted the form. Indeed it contains the Udyog Aadhaar Number [UAN] which is useful for all future processes relating to the Udyog Aadhaar Registration. UAM is a self-declaration form and does not require any other supporting documents. However, it is completely up to the state or central authority, which might ask for certain documents to prove the information provided by the owner/applicant in the UAM form

How to do the Udyog Aadhaar Registration?

  1. The process for the registration is both online as well as offline. The SME (Small and Medium Scale Enterprises) owner, applying for Udyog Aadhaar is required to fill a  one-page form. You do either do it online or offline. However, to avail the online facility, one has to login to the official website of MSME. To login to the official website, use the link given: msme.gov.in
  2. As it is a self-declaration form, the MSME applicant has to self-certify the existence of the business along with all supporting documents mentioning the details of the business activity, bank account, ownership and employment details and other information
  3. However, the process does not involve the payment of any registration fee.
  4. Once you fill the details and have uploaded the same, a registration number is generated and sent to the owner/applicant’s registered e-mail address. This is the Udyog Aadhaar Number and keep it safe for all future purposes.

Documents required:

  • Name and Aadhaar number of owner
  • 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
  • Total investment made in the organization

Benefits:

  1. There is no fee for Udyog Aadhaar Registration
  2. One can file for more than one Udyog Aadhaar
  3. One can register online
  4. For participating in foreign business expos, you can avail the financial backing from the government
  5. Reduction in fee for filing patents and trademarks
  6. No documentation is necessary
  7. Great concession in electricity bills
  8. You will get an exemption when your enterprise applies for government tenders
    And lots more…
1+

No Record Found
SHARE
A lawyer with 14 years' experience, Vikram has worked with several well-known corporate law firms before joining Vakilsearch.