MSME Udyog Aadhaar Registration @ 1999/- ₹
MSME Registration brings multiple benefits to business like cheaper Trademark costs
MSME Registration Udyog Aadhar Certificate which is for Business
Benefits on Startup India Registration
Easier to access Government Mudra Loan
Includes Government & Professional Fees
MSME Udyog Aadhaar Registration
Looking for MSME Udyog Aadhar Registration? Then it is a totally online procedure which is completely free of charge and Udyog Aadhar is a government registration that is provided with a acknowledgment certificate and a unique number in order to certify small medium enterprises. I will cover the following topics in this topic are as follows:
What is Udyog Aadhar?
The Government of India has initiated the Udyog Aadhaar for boosting small-scale businesses in the country, earlier, if you wished to start a business or MSME Udyog Aadhar registration, you needed to go through a lot of documentation process. But now you need to fill only 2 forms: Entrepreneur Memorandum-I and Entrepreneur Memorandum-II instead of 11 different types of forms that were necessary earlier. It is a completely online process which is totally free of charge, industries registered with Udyog Aadhar become free to receive the profit of several government schemes such as easy loan approvals, subsidies etc.
Udyog Aadhaar Memorandum (UAM)
It is the registration form wherein the MSME certifies its existence, and provides compulsory information such as owner’s bank account details, Aadhar details etc. Once you have submitted the form, an acknowledgment form is released to the registered email of the candidate containing the unique Udyog Aadhaar Number (UAN) as it is a self-declaration form, there’s no requirement for any supporting documentation.
Udyog Aadhaar Registration Process
The process of filling form is pretty simple, the system today is kind of rejuvenated, and it seeks comparatively less information than the EMI/II process. Things are way easier and well-organized now, here is a simple guide for registering under MSME for obtaining Udyog Aadhar.
Step 1: Go to the official portal Udyog Aadhar Registration where you will find the first step for getting your company registered online.
Step 2: The first particulars that you will need to enter will be your 12-digit unique Aadhar number and your name then click on “Validate & Generate OTP.” You will receive a Password on your registered mobile number. Enter the OTP, and after that, you will have to select the category from the options General, OBC, SC and ST.
Step 3: After that, you will need to fill the name with which the public/customers will recognize the entity and you will have to file a separate Udyog Aadhar if you own more than one enterprise. You can fill it as Enterprise-1 and Enterprise-2 and after that you will have to choose the “Type of association” from the drop-down list.
Step 4: After filling all the details, the next information that you will have to provide will be the complete postal address of the company including info about the district, mobile number, state, email address and pin code.
Step 5: You will need to choose the date on which your entity started its operation from the provided calendar and provide information regarding the earlier registration through EM1, EM2, and SSI including the UAM registration number.
Step 6: You will need to enter the bank account number details along with the IFSC code of the concerned branch where your enterprise’s account is active. In case you don’t have the IFSC code of the concerned branch, you can attain the same on the bank’s portal.
Step 7: Select the district industry centre from the provided drop-down list and after that, you will have to recognize the declaration and submit your form in order to finish the process.
Requirements for Udyog Aadhaar Registration
Aadhaar Number: 12 digit Aadhaar number which is issued to the applicant.
Name of Owner: The name of applicant as provided in the Aadhaar Card.
Category : General / Scheduled Tribe/ Scheduled Caste / Other Backward Castes
Business Name: Entity under which it is conducting its business.
Type of Organization: Type of Legal Entity. (Proprietorship, Partnership Firm, Private Limited Company, Hindu Undivided Family, Co-Operative, Public Limited Company)
Address :Postal Address of the business for communication purposes including email address and contact numbers
Details of Previous MSME Registration
Bank Details : Banking details of the of the company which includes IFSC Code and Bank Account number
Classification (NIC) Code: It must be entered from the National Industrial Classification handbook.
Number of persons employed : The number of employees in the business
Benefits of Udyog Aadhar Registration
It is a very simple procedure and in addition to that, one won’t have to handle paperwork for obtaining Udyog Aadhar and one will get to enjoy a number of advantages after registering his/her company and by obtaining Udyog Aadhar. The schemes that are offered by the Ministry of MSME with the aim to protect small enterprises and to assist them in development and growth.
Excise exemption
The exemption under the direct tax laws
Reduction in fee for filing patents and trademarks
Credit guarantee scheme
After getting registered with MSME, your business will get eligible for availing government scheme benefits which will include loans without guarantee, low-interest rates on loan, and easy loan.
You will have financial backing from the government for participating in foreign business expos.
You will also get to enjoy other forms of subsidies that will help you in increasing your company’s revenue.
Great concession in electricity bills
You will get an exemption when your enterprise applies for government tenders.
Volks Phantom is doing company registration from a long time and we have done many company registrations like Public Limited, Private Limited, Section 8, etc. if you need further help, talk to our expert on 9555686868 or mail us on hello@financebazaar.com.
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