August 10, 2021
Udhoy Addhar: Everything You Need to Know

The goal of implementing Udyog Aadhar is to make the process of registering a firm under the Micro Small Medium Enterprise (MSME) category easier for business owners.

 

Prior to the introduction of Udyog Aadhar, the procedure for obtaining one was a lengthy and time-consuming bureaucratic process that necessitated the management of a large amount of documentation. Things have altered and, to some extent, improved for medium, small, and micro-enterprises after the implementation of Udyog Aadhaar.

 

If you operate a medium, small, or micro business and haven’t yet registered it, you should know that registering your MSME through UAM (Udyog Aadhar Memorandum) entitles you to a slew of benefits.

 

There was a previous system of EM-I/II before the advent of the UAM system (Entrepreneur Memorandum). Under this arrangement, entrepreneurs used to pick a heterogeneous system.

 

Some of them used to rely on the national platform, while others had their own state-specific portals for MSME registration. There were also a few people who relied on physical paperwork.

 

However, things have altered since the previous system was replaced.

What Is An Udyog Aadhar Number?

What is Udyog Aadhar, exactly? This is the major question that many rookie businesses have. If you’re seeking a solution to this question as well, you’ve come to the correct spot because you’ll find it here.

 

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Udyog Aadhar is a government registration that comes with a certificate of recognition and a unique number to certify small and medium companies or organisations.

 

The main goal of this service was to provide a means for the government to deliver the most benefits to medium and small-scale enterprises and industries in India that are registered via MSME using their Aadhar Card Number.

 

Whether the business or entity is a sole proprietorship, an LLP, a private limited company, or something else, the owner, director, or proprietor will submit his or her 12-digit Aadhar Number. It should have a certificate of recognition obtained via the MSME registration process.

 

Who Should Obtain an Udyog Aadhar Card?

 

Let’s get some things straight! An Udyog Aadhar can be obtained by almost any type of business entity, including Hindu Undivided Families, sole proprietorships, one-person companies, Partnership Firms, production companies, limited companies, private limited companies, limited liability partnerships, co-operative societies, and other undertakings.

 

However, you should be aware that in order to be categorised as a medium, small, or micro company and get MSME registration, an organisation must fulfil a set of requirements.

 

If you own a business or an organisation, you should check to see if it qualifies as a medium, small, or micro firm under the MSMED Act of 2006.

Udyog Aadhar Registration Procedure:

 

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The Udyog Aadhar registration process is simple, and the form filling process is also simple. The system has been revitalised, and it now wants a lot less information than the EMI/II procedure did.

 

Things are much easier and more efficient today. Here’s a quick method to enrolling with MSME to get your Udyog Aadhar.

 

Step 1: Go to the Official Website 

 

To begin the process of registering your business online, go to the official Udyog Aadhar Registration page.

 

Step 2: Fill Out Your Personal Information

 

The first details you’ll need to fill out are your name and your 12-digit Aadhar number. You will receive an OTP on your registered cellphone number if you click on “Validate & Generate OTP.” After entering the OTP, you must choose a social category from the options General, SC, ST, and OBC.

 

Step 3: Put in the Details About the Business/Entity Finally

 

as an application, you must fill in the name by which the public/customers will know the business/entity. If you own more than one organisation or business, you will need to register a separate Udyog Aadhar.

 

You have the option of filling it out as Enterprise-1 or Enterprise-2.You must also choose a “Type of Organization” from the drop-down menu.

 

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Step 4: Filling Correspondence Details

 

After filling out all of the aforementioned information, you’ll need to submit the company’s/enterprise’s/entire entity’s postal address, including information about the district, pin code, state, email address, and cellphone number.

 

Step 5: Fill in the Carry Forward Information

 

You will also be required to give information about past registrations, including the UAM registration number, via SSI, EM1, and EM2.

 

Step 6: Fill in the Bank Information

 

You must provide the bank account number as well as the IFSC code of the branch where your business’s account is active. You may search up the IFSC code for the branch in question on the bank’s website if you don’t know it.

 

Step 7: Classification of Your Business

 

You must specify whether your business’ principal activity is “services” or “manufacturing.” We understand that if your business combines both of these choices, things can become a little confused.

 

Step 8: Total Investment

 

After you’ve filled out all of the above information, one of the final things you’ll need to do is input the total number of employees and the total amount of money (in lakhs) that you’ve invested in your business.

 

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Suggested Read- Print Udyam Registration Certificate

 

Stage 9: Select the District Industry Center and Accept the Declaration

 

You will select the district industry centre from the supplied drop-down list in the final step of this procedure. Then, in order to complete the procedure, you must accept the declaration and submit your application.

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