Udyog Aadhar – Udyog Aadhaar Registration Online – Process, Documents Required, Benefits, Memorandum

The Udyog Aadhar Registration is a completely online process that is totally free of cost. It is a great boost for SMEs in the country and below we detail the entire process of registration for the same.

Udyog Aadhar Registration

In recent times, for boosting small-scale businesses in the country, the Government of India had initiated the Udyog Aadhaar Registration (UAM) process. However, currently, the Udyog Aadhaar Registration is migrated to Udyam Registration. The MSME’s (Micro, Small and Medium Enterprises) have to apply for Udyam Registration to obtain the benefits provided to MSME by the government.

Earlier, if you wished to start a business and get SSI Registration or MSME Registration, you needed to go through a lot of paperwork. You needed to fill 2 forms: Entrepreneur Memorandum-I and Entrepreneur Memorandum-II (EM-II). The Udyog Aadhar Registration was initiated to simply the MSME or SSI registration. Industries registered with Udyog Aadhar became entitled to receive the benefits of several government schemes such as subsidies, easy loan approvals etc.

Currently, the industries or entrepreneurs having Udyog Aadhaar Registration have to migrate to Udyam Registration to obtain the benefits provided to MSME by 30.06.2022. If the entrepreneurs do not migrate to Udyam Registration, then their UAM will not be valid and they need to re-register under Udyam Portal for obtaining the benefits provided to MSME.

UAM (Udyog Aadhaar Memorandum)

Udyog Aadhaar Memorandum is the registration form wherein the MSME certifies its existence and provides mandatory information such as the owner’s Aadhar details, bank account details etc. After submitting this form, an acknowledgement form is released to the registered email of the applicant containing the unique UAN (Udyog Aadhaar Number). As it is a self-declaration form, there’s no need for any supporting documentation.

Udyog Aadhaar Registration Process

• The SME (Small and Medium Scale Enterprises) owner needed to fill a one-page form that he could do either online or offline. For online registration, the applicant had to visit the official website.
• If someone wished to register for more than one industry then they needed to opt for individual registration.
• In this form, the MSME had 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 individuals needed to provide his self-certified certificates.
• As mentioned above, no registration fees were 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 does not exist anymore. Any individual wishing to obtain MSME registration has to currently apply for Udyam Registration. The Udyam Registration process is similar to the UAM Registration process. However, now the MSME registration is completely online and there is no offline registration. Visit our page on MSME Registration for more details.

Documents Required for Udyog Aadhaar Registration 

Note: Since the UAM Registration does not exist anymore and currently all MSME’s are required to obtain Udyam Registration, there is no requirement for any documents. For Udyam registration, only the details of the Aadhaar and PAN card are required and there is no need to upload any documents. Visit our page on Documents required for MSME Registration for more details.

Benefits of Udyog Aadhar Registration

• After registering their MSME, the applicants 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.

Note: The applicant having UAM registration will receive all these benefits, if he/she migrates to Udyam registration by 30.06.2022. If the applicant, does not migrate by 30.06.2022, he/she should re-register under the Udyam portal for receiving these benefits.

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