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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.
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.
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.
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.
|Aadhaar Number||Twelve digit Aadhaar number which is issued to the applicant. This Aadhaar number in case of Proprietary Enterprise must be of the Managing partner, of Authorised Partner for Partnership Enterprise and of Authorised Person for Other forms of Enterprises|
|Name of Owner/Promoter||The name of applicant as provided in the Aadhaar Card|
|Category||General / Scheduled Tribe (ST)/ Scheduled Caste (SC) / Other Backward Castes (OBC)|
|Business Name||Name of the of Entity under which it is conducting its business. One applicant could have more than one enterprises and each one could be registered individually with the same Aadhaar Number for a separate Udyog Aadhaar|
|Type of Organization||Type of Business entity or Legal Entity. (Proprietorship, Partnership Firm, Hindu Undivided Family, Private Limited Company, Co-Operative, Public Limited Company, Self Help Group, LLP, Others)|
|Address||Postal Address of the business for communication purposes including contact numbers and email address|
|Date of Commencement||The commencement date of the respective businesses|
|Previous Registration Details (if any)||Details of any previous MSME registration|
|Bank Details||Banking details of the of the company which includes Bank Account number and IFSC Code|
|Key Activity||Key areas of activity of the business –service or manufacturing|
|National Industrial Classification (NIC) Code||The NIC Code must be entered from the National Industrial Classification handbook. The Applicant might select multiple National Industrial Classification-2008 (NIC) Codes for including all of its activities.|
|Number of persons employed||The number of employees in the business|
|Investment in Plant & Machinery / Equipment||Total amount investment in terms of machinery and equipment by the business|
|District Industry Center (DIC)||The details of the DIC (District Industry Center) nearest to such business, if needed|
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.
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.