MSME Registration Udyog Aadhar Registration
MSME Registration Udyog Aadhar Registration more popularly referred to as Udyog Aadhar registration, Udyog Aadhaar is a twelve-digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises, Government of India for small and medium enterprises in India they can also register as a private limited company. It is also known as Aadhaar for Business.
Starting at Rs.999/-
EMI Available
How To Register For MSME?
MSME/Udyog Aadhar Registration applies to all companies be it manufacturing or services it defines based on the investment made in the business,
Name of the suppliers
Rs 3 lakh crores Collateral-free Automatic Loans for Businesses, including MSMEs
Businesses/MSMEs have been badly hit due to COVID19 need additional funding to meet operational liabilities built up, buy raw material and restart business
2. Capital Subsidies for various manufacturing and service sector units
3. Incentives for various manufacturing and service sector units
4. 1 % Interest Reduction on Overdraft Loans and other loans
5. Startup India Scheme for Innovative Companies - 3 out of 10 Years - No Income Tax to be paid - Allowed as Deduction - Companies up to 10 Years in Existence are still considered Startup - This is Free
6. Generator Subsidy
7. Concessions on Electricity Bills
8. Subsidy on Patent Registration and few Trademarks
9. ISO Certification Charges Reimbursement
10. MDA Scheme for Registration for Bar Coding
11. Special Incentives for Companies Manufacturing COVID-19 Products like - COVID Testing Kits, Sanitizers (Alcohol Based), Ventilators, PPE Kits, 3Ply Surgical Masks, KN95 Masks/ N95 Masks, Hospital Mattresses & Pillows, Multipara Monitors, Medical Oxygen
12. Allows credit for minimum alternate tax (MAT) to be carried forward for up to 15 years instead of 10 years
13. There are many government tenders which are only open to the MSME Industries
14. Business registered under MSME is given higher preference for government license and certification.
15. Support if you are starting an Incubation Center.
16. Incentives for Employment Generation.
What are the activities specifically excluded from coverage under MSME?
A. Ministry of Micro, Small and Medium Enterprises (MSME) has clarified as per notification S.O 2576 (E) dated 18.09.2015 and subsequent notification no S.O 85(E) dated 10.1.2017, activities that would be specifically not included in the manufacturing or production of commodities or rendering of services as per Section 7 of the said Act.
1. Forest and Logging
2. Fishing and aquaculture
3. Wholesale, retail trade and repair of motor vehicle and motorcycles
4. Wholesale trade except for motor vehicles and motorcycles.
5. Retail Trade Except of Motor Vehicles and motor cycles
6. Activities of households as employees for domestic personnel
7. Undifferentiated goods and services producing activities of private households for own
8. Activities of extraterritorial organisations and bodies Exchanges.
- Decision: Emergency Credit Line to Businesses/MSMEs from Banks and NBFCs up to 20% of entire outstanding credit as on 29.2.2020
- Borrowers with up to Rs. 25 crore outstanding and Rs. 100 crore turnover eligible
- Loans to have 4 year tenor with a moratorium of 12 months on Principal repayment
- Interest to be capped
- 100% credit guarantee cover to Banks and NBFCs on principal and interest
- Scheme can be availed till 31stOct 2020
- No guarantee fee, no fresh collateral
Rs 20,000 crores Subordinate Debt for Stressed MSMEs
- Stressed MSMEs need equity support
- GoI will facilitate provision of 20,000 cr as subordinate debt
- Two lakh MSMEs are likely to benefit
- Functioning MSMEs which are NPA or are stressed will be eligible
- will provide a support of Rs. 4,000 Cr. to CGTMSE
- CGTMSE will provide partial Credit Guarantee support toBanks
- Promoters of the MSME will be given debt by banks, which will then be infused by the promoter as equity in the Unit.
Rs 50,000 cr. Equity infusion for MSMEs through Fund of Funds
- MSMEs face severe shortage of Equity.
- Fund of Funds with Corpus of Rs 10,000 crores will be set up.
- Will provide equity funding for MSMEs with growthpotential and viability.
- FoF will be operated through a Mother Fund and few daughter funds
- Fund structure will help leverage Rs 50,000 cr of funds at daughter funds level
- Will help to expand MSME size as well as capacity.
- Will encourage MSMEs to get listed on main board of Stock
WHY SHOULD I APPLY & WHAT BENEFITS I CAN GET?
1. Credit Facilities without Collateral (Schemes discussed below)2. Capital Subsidies for various manufacturing and service sector units
3. Incentives for various manufacturing and service sector units
4. 1 % Interest Reduction on Overdraft Loans and other loans
5. Startup India Scheme for Innovative Companies - 3 out of 10 Years - No Income Tax to be paid - Allowed as Deduction - Companies up to 10 Years in Existence are still considered Startup - This is Free
6. Generator Subsidy
7. Concessions on Electricity Bills
8. Subsidy on Patent Registration and few Trademarks
9. ISO Certification Charges Reimbursement
10. MDA Scheme for Registration for Bar Coding
11. Special Incentives for Companies Manufacturing COVID-19 Products like - COVID Testing Kits, Sanitizers (Alcohol Based), Ventilators, PPE Kits, 3Ply Surgical Masks, KN95 Masks/ N95 Masks, Hospital Mattresses & Pillows, Multipara Monitors, Medical Oxygen
12. Allows credit for minimum alternate tax (MAT) to be carried forward for up to 15 years instead of 10 years
13. There are many government tenders which are only open to the MSME Industries
14. Business registered under MSME is given higher preference for government license and certification.
15. Support if you are starting an Incubation Center.
16. Incentives for Employment Generation.
What are the activities specifically excluded from coverage under MSME?
A. Ministry of Micro, Small and Medium Enterprises (MSME) has clarified as per notification S.O 2576 (E) dated 18.09.2015 and subsequent notification no S.O 85(E) dated 10.1.2017, activities that would be specifically not included in the manufacturing or production of commodities or rendering of services as per Section 7 of the said Act.
1. Forest and Logging
2. Fishing and aquaculture
3. Wholesale, retail trade and repair of motor vehicle and motorcycles
4. Wholesale trade except for motor vehicles and motorcycles.
5. Retail Trade Except of Motor Vehicles and motor cycles
6. Activities of households as employees for domestic personnel
7. Undifferentiated goods and services producing activities of private households for own
8. Activities of extraterritorial organisations and bodies Exchanges.
CLASSIFICATION FOR MSME Registration Udyog Aadhar Registration, Udyog Aadhar Registration
| MICRO in Udyog Aadhar | SMALL in Udyog Aadhar | MEDIUM Udyog Aadhar | |
| Manufacturing Business | Rs 2,500,000 | Less than Rs 50,000,000 | Less than Rs 100,000,000 |
| Service Business | Less than Rs 10,00,000 | Less than Rs 20,000,000 | Less than Rs 50,000,000 |
DETAILS REQUIRED FOR MSME Registration Udyog Aadhar Registration, UDYOG AADHAR
- The Business is Required to classify whether it is a manufacturing sector or service sector
- Required to classify whether the establishment covers Micro, medium and small.
- Details are required
- Aadhar number,
- industry Type,
- Address and bank details
- Details regarding products are manufacturing or rendering service-related details
Documents Required For MSME Registration Udyog Aadhar Registration
Below, you will find the details and documents that you will require for completing the registration process in order to obtain Udyog Aadhar for your enterprise.
- Name and Aadhar number of the business owner (as mentioned in the Aadhar card)
- Document required as proof for SC, ST and OBC social category
- Name of your organization or enterprise
- Previous registration details of your enterprise
- Type of organization that you own
- Current address and account details
- NIC Code or National Industrial Classification Code
- The total number of workers employed at your organization
- Current activities of your firm
- Email ID and mobile number of the entrepreneur
- PAN number and the total investment made in the organization by the entrepreneur
PROCESS FOR MSME Registration Udyog Aadhar Registration, UDYOG AADHAR
- Understand the Clients business
- To classify whether sector cover micro medium and small enterprise under MSME UDYOG AADHAR
- Get OTP in Registered Aadhar number
- To fill all required details in the MSME website https://udyogaadhaar.gov.in/UA/UAM_Registration.aspx
- MSME is Registered, Certificate under UDYOG AAHDAR is issued
Udyog Aadhar Registration Process
The registration process of Udyog Aadhar is quite easy, and the form filling process is pretty straightforward too. The system today is kind of rejuvenated, and it seeks comparatively less information than the EMI/II process. Step 1: Visit the Official Website of Udyog Aadhar Registration Visit the official website Udyog Aadhar Registration where you will find the steps for getting registered.
Step 2: Fill Personal Information Initially, you need to enter your name and your Aadhar Card number. Click on the “Validate & Generate OTP.” Your registered mobile number will get OTP. You need to enter the OTP, after that, you need to select the category from the choices General, SC, ST and OBC.
Important Note: It is essential to state here that the Udyog Aadhaar registration is an online process for individuals who operate an enterprise and hold an Aadhar card. If a person doesn’t possess an Aadhar card, then the individual can also apply to the GM (General Manager) of the concerned District Industries Centre. In future, GOI will address the difficulties encountered by entrepreneurs who don’t hold an Aadhar card.
Step 4: Filling correspondence address After entering all the information mentioned above, the following information an applicant needs to provide the postal address of the enterprise/entity as well as details about the district, pin code of the district, state, mobile number and email address.
Step 5: Fill the Carry Forward Info An applicant needs to enter the date of starting the business operations of the enterprise from the calendar provided. An applicant also ought to give details concerning the previous registration by SSI, EM1, and EM2, and the UAM registration number.
Step 6: Bank Details An applicant needs to enter the bank account number as well as the IFSC code of the concerned bank branch of the enterprise’s account.
Step 7: Choose Classification of Your Enterprise An applicant needs to mention the main business activity of the enterprise from the “manufacturing” or “services”. Things might be a little complicated if the applicant business includes a mixture of both the possible options. If such a scenario, the applicant should consider selecting the category that comprises the majority part of the operations of the enterprise. For example, if the applicant business shall consist of 80% service and 20% manufacturing, then the applicant needs to choose “Services”.
Step 8: Total Investment After entering all of the above details, one more thing that an applicant will be providing is the number of workers employed in the enterprise and the amount of money invested in the enterprise.
Step 9: Select the District Industry Center and Accept the Declaration This is the final step of the registration process; an applicant needs to select the district industry centre from the drop-down menu. After that, the applicant needs to accept the declaration and submit the application to finish the process. Finally, the applicant will receive an acknowledgment number.
Step 2: Fill Personal Information Initially, you need to enter your name and your Aadhar Card number. Click on the “Validate & Generate OTP.” Your registered mobile number will get OTP. You need to enter the OTP, after that, you need to select the category from the choices General, SC, ST and OBC.
Important Note: It is essential to state here that the Udyog Aadhaar registration is an online process for individuals who operate an enterprise and hold an Aadhar card. If a person doesn’t possess an Aadhar card, then the individual can also apply to the GM (General Manager) of the concerned District Industries Centre. In future, GOI will address the difficulties encountered by entrepreneurs who don’t hold an Aadhar card.
Step 3: Details about the Enterprise/Entity
Next thing, the applicant needs to enter the name of the entity. In case an applicant owns more than one enterprise requires to file a separate Udyog Aadhar. An applicant can fill it as Enterprise-1 and Enterprise-2, and also needs to select the “Type of Organization” from the drop-down menu.Step 4: Filling correspondence address After entering all the information mentioned above, the following information an applicant needs to provide the postal address of the enterprise/entity as well as details about the district, pin code of the district, state, mobile number and email address.
Step 5: Fill the Carry Forward Info An applicant needs to enter the date of starting the business operations of the enterprise from the calendar provided. An applicant also ought to give details concerning the previous registration by SSI, EM1, and EM2, and the UAM registration number.
Step 6: Bank Details An applicant needs to enter the bank account number as well as the IFSC code of the concerned bank branch of the enterprise’s account.
Step 7: Choose Classification of Your Enterprise An applicant needs to mention the main business activity of the enterprise from the “manufacturing” or “services”. Things might be a little complicated if the applicant business includes a mixture of both the possible options. If such a scenario, the applicant should consider selecting the category that comprises the majority part of the operations of the enterprise. For example, if the applicant business shall consist of 80% service and 20% manufacturing, then the applicant needs to choose “Services”.
Step 8: Total Investment After entering all of the above details, one more thing that an applicant will be providing is the number of workers employed in the enterprise and the amount of money invested in the enterprise.
Step 9: Select the District Industry Center and Accept the Declaration This is the final step of the registration process; an applicant needs to select the district industry centre from the drop-down menu. After that, the applicant needs to accept the declaration and submit the application to finish the process. Finally, the applicant will receive an acknowledgment number.
Benefits of MSME Registration Udyog Aadhar Registration, Udyog Aadhar
Udyog Aadhaar registration will facilitate the enterprises to avail many schemes/programs launched by State and Central.
- After obtaining Udyog Aadhaar registration, the applicant will get the advantages of all the government schemes such as loans with subsidised rates of interest or loans without guarantee etc.
- Concession in the electricity bills
- Easy and cheaper bank loans
- Eligibility to receive government subsidies
- Financial assistance for participating in international expos to exhibit their products/services.
- Increased chances of winning government tenders
- Industrial promotion subsidy
- It would also enable enterprises to apply for government micro business loans and other similar beneficial schemes/benefits.
- Reduction in fee for filing patents and trademark registration to get protection under the rights of intellectual properties.
- Reduction in the rate of interest by major banks
- Refrain from asking for security deposits
- Registration would expedite the hassle-free opening of a current bank account in the business name.
- Reimbursement under the bar code registration
- Reservation benefits
- Stamp duty and registration charges are waived off
FAQ ON MSME Udyog Aadhar Scheme
The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:
- Enterprises engaged in the manufacture or production, processing or preservation of goods as specified below:
- A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh;
- A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore;
- A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore. In case of the above enterprises, investment in plant and machinery is the original cost excluding land and building and the items specified by the Ministry of Small Scale Industries.
- Enterprises engaged in providing or rendering of services and whose investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006 are specified below.
- A micro enterprise is an enterprise where the investment in equipment does not exceed Rs. 10 lakh;
- A small enterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore;
- A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore.
Now, MSME Registration Udyog Aadhar Registration and Udyog Aadhar Registration both are related but separate. Udyog Aadhar is a simple way of obtaining MSME Registration Udyog Aadhar Registration. Udyog Aadhar Registration is an online registration process through which an MSME can receive the 12-digit Udyog Aadhar Number. And, after that MSME Registration Udyog Aadhar Registration. Hence, one can tell that both are separate. However, Udyog Aadhar registration is a new method of acquiring MSME Registration Udyog Aadhar Registration./div>
The Ministry of Micro, Small and Medium Enterprises facilitates registration of Small Scale Industry(SSI) Udyog Aadhar Registration is the process by the MSME Registration Udyog Aadhar Registration certificate is obtained
Yes, MSME Registration Udyog Aadhar Registration is now being transformed into Udyog Aadhar.
50% discount on trademark and Patent Fees
Tax Benefits
Easy Clearance of Pending Payments
Apply Government Tenders Easily
Eligible for Mudra Loan Scheme
Lesser Interest Rates For Bank Overdraft(OD)
Tax Benefits
Easy Clearance of Pending Payments
Apply Government Tenders Easily
Eligible for Mudra Loan Scheme
Lesser Interest Rates For Bank Overdraft(OD)
Yes, MSME Registration Udyog Aadhar Registration is compulsory in India.
MSMED is Micro Small & Medium enterprise development act, 2006.
MSME certificate is valid for five years.
Yes, GST registration is compulsory for MSME companies.
Yes, you can take a loan from MSME for opening college or school.
Yes, you can
Yes, books publishing come under the MSME sector.
MSME has recently converted into Udyog Aadhar, and now they are both same.
UAM is a one-page registration form which creates a self-declaration set up under which the MSME will self-certify and declare its presence, promoter/owners Aadhaar details, bank account details, and some other information required.
After registering online for Udyog Aadhaar registration, MSME/Udyog Aadhaar Registration Certificate will be issued instantly at the email address.
Yes, a notification dated 18-09-2015 sates that filing of EM-I/II by States and UT s should be discouraged, and preferably all measures to be made to simplify the filing of UAM on the website of Ministry of MSME i.e.http://udyogaadhaar.gov.in
Any separate online/offline methods of registration of MSMEs devised and managed by Central, States, and UT Governments should stop to register new MSMEs straightaway. Such online platforms may be permitted to function for the time being to facilitate access to valuable data for policymaking. Now onwards, there will be only one method, i.e. UAM for the registration of new enterprises.
The Udyog Aadhaar website has been envisaged to foreseen to take care of these demands.
NIC code can be selected once the Aadhaar number is validated, and significant activity (manufacturing or service) is selected. To simplify the selection of proper NIC code, a three-stage drop-down menu is accessible for the applicants.
NIC has been advised to provide this provision adequately in a way that many e-commerce gateways in the country, devised by the government or private but used by the government could benefit from the portal UAM as regards the online verification of an MSME enterprise is concerned.
To promote smoother doing business for MSME enterprises, it has been determined to seek less information in the UAM than EM-I/II.
The information asked is on a self-certification basis, and no supporting documents are needed at the time of applying for the UAM.
The role of facilitating and promoting the growth of enterprises in the States/UTs is not intended to alter in any way whatsoever by UAM. The notion of “Udyog Bandhu” may accordingly not be influenced by UAM.
Yes, because the new system creates self-declaration form, the shift in the line of productions, therefore, may be incorporated.
Currently, Aadhaar Number is compulsory for registration under UAM. Though, the Government will find a solution for who do not have an Aadhaar Number.
Currently, the EM-I/II ceased to exist after 18-09-15. States and UTs may support giving all benefits or concessions to MSMEs on the basis of UAM only.
No, though, on the UAM portal, GM DICs, shall be authorised to enter their comments on the individual details provided by the business people while registering the UAM.
Any new registrations in the EM Portal have been discontinued straightaway.
The UAM Portal has prerequisites to enable officials of the State Governments including (GM) DICs, to have password-protected data access of their jurisdiction.
Currently, the NIC Codes are solely possible in English. Nevertheless, the same may be possible in Hindi after some time.
Because the UAM is being filed on a self-certification basis, and the UAN is generated immediately, there is no mechanism of monitoring the registration process. But, the businesses registering the UAM online are responsible for providing documentary proof of the information supplied in the UAM, wherever needed, to the Central Government, State Government or to any such person who is authorised.
Currently, Aadhaar Number is compulsory for registration under UAM. Though, the Government will find a solution for who do not have an Aadhaar Number.
The notification affirms that the UAM filed is on a self-declaration basis. Accordingly, no disclaimer is needed.
Power load means the energy requirements of MSME enterprises. This has no pertinence to the activity of the enterprise and the State and UT Governments deal with the subject matter.
EM-I/II and the SSI registration did not mandate for any updating of data and the same practised being filed as a one-time action on the part of MSME enterprises. The same is intended to continue.
It is not being made necessary for the closing enterprises to inform about closing the enterprise to the State and UT concerned or the UAM.