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What is Udhyog Aadhaar Registration?
It is a registration certificate issued by the MSME department under the MSMED Act (Micro, small and medium enterprise Development) 2006. This registration process is entirely online. The main objective of Udhyog Aadhar registration is to give MSMEs a great opportunity and a leveled playing field against the Multi-national companies and big industries. Any manufacturer or service provider can apply for the Udhyog Aadhaar online.
How can a business avail Udhyog Aadhaar registration?
Every business entity that is classified as a micro, small, or medium scale industry can get a Udhyog Aadhaar registration.
Main goals of Udhyog Adhaar?
To provide leveled playing field to MSMEs against MNCs and big industries. To deliver various benefits of Government Schemes to MSMEs. To fuel the entrepreneurship in the country to boost jobs.
Exemption & Subsidies
Businesses registered under Udhyog Aadhaar can avail exemption under Direct Taxes. Businesses can avail various subsidies from the government and can improve their revenue
Businesses registered under Udhyog Aadhaar can avail easy loans, loans without guarantee and low-interest loans
- For Udhyog Adhaar registration, it’s just to have an Aadhaar card linked with a mobile number.
- You will have to log in to the official site of Udhyog Adhaar.
- After entering your Aadhaar number and verifying it with the OTP, you will have to fill all the necessary details shown in the form.
- You will have to furnish the following details: [ Your name, your gender, Your social category, Name of business, PAN, Bank account number, IFSC, email-id, mobile number, address of the Business, location of the plant, date of commencement of the business, number of people employed in the business, total investment. ]
- You will have to select the type of Organization, viz. Manufacturing or Service provider.
- In the next step, you will have to select a proper NIC (National Industrial Classification) code.
- Once you fill all the details, you will have to submit these details after the confirmation.
- The final submission will be made after entering a new OTP that you will receive on the registered mobile number.
A GOOD START IS THE WORK HALF DONE !!!
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It is an e-certificate that establishes the identity of any individual. It is a mandatory document needed for the registration of any business entity.