The launch of Udyog Aadhaar Registration was to simplify the process business owners had to go through to register their business with MSME (Micro Small Medium Enterprises). Before the introduction of Udyog registration, the procedural format was time-consuming. It also required a lot of paperwork. Read on to know the Udyog Aadhaar registration process, its benefits and how to make changes on the Udyog Aadhaar.
Udyog Aadhaar is now known as Udyam. Udyog Aadhaar or Udyam registration or MSME registration has a Government registration with an authorisation certificate and a unique number. The main motivation behind the launch of this facility was to assist the government. One was to provide huge benefits to Indian small businesses or industries registered through Aadhaar Udyog. The entity’s director, owner, or proprietor will provide their 12-digit Aadhaar Number. This is a compulsory guideline whether the entity or enterprise is a limited liability company or a sole proprietor. It should have the recognition certificate provided by the MSME registration process.
There are several benefits to registering the Company and getting a Udyam registration. The best thing about getting a Udyam registration is that the process is very simple. You do not have to worry about the paperwork to get a Udyam registration. Check out the other benefits below.
Companies under Udyam registration is engaged in goods manufacturing, processing, storage, and services. In other words, traders who buy, import, sell, or export goods are not eligible to apply. But, you need to be aware that there are some criteria that a company must meet to be classified as a small business to be eligible for MSME registration.
The following documents are required for Aadhaar Udyog registration –
Follow the step given below to register for Udyog Aadhaar online:
Step 1: Visit the official online portal for Udyog Aadhaar.
Step 2: Fill in the required fields with your Aadhaar number and name. Click on ‘Validate and Generate OTP.’
Step 3: You will receive an OTP on your registered mobile number. Enter the OTP in the desired field.
Step 4: The portal will now display a form. Fill in the details regarding your business.
Step 5: Submit the form after carefully examining the authenticity of every detail filled by you.
Step 6: Upon submitting the complete form, you will receive a second OTP on your registered mobile number.
Step 7: Enter the OTP to complete the registration process.
You will need to visit your nearest Udyog Aadhaar Centre and use the form to update the details.
Step 1: Fill out the form. If you are ready to change your address, you will need to provide supporting evidence to the officer and the form. Any address proof which is accepted normally can be submitted here as well.
Step 2: After submitting the form, you receive a confirmation number that you can use to check the status of your application online. There is another webpage that should be used to track the status.
Step 3: An email containing the corrected Udyog Aadhaar number will be sent to the registered address. Save the details somewhere, and be careful not to miss the number.
The Udyam registration process is easy, and the form is easy to fill out. Today’s systems are somehow activated and looking for less information than older processes. It is important to note that Udyog registration is free. The site does not charge an official fee for issuing a Udyog Aadhaar certificate.
For Udyog Aadhaar update, please follow the steps below.
Step 1: Go to the Udyog Aadhaar website.
Step 2: Scroll to the bottom of the page. Click Update Udyog Aadhaar.
Step 3: Enter the Udyog Aadhaar number. Select the option to receive OTP. Available by mobile phone or email currently.
Step 4: Enter the verification code or captcha displayed on the page.
Step 5: Click “Confirm” and Generate OTP.
Step 6: If you have not received the one-time password, please hold on for some time. There is also an option available to resent the OTP.
Step 7: Enter the OTP. Then go to another page where you can update or change the information. You can update details such as the addition of company name, address, etc. After updating the information, you must confirm it and click the Submit button. Once submitted, please wait for the page to load. The next page will contain crucial information regarding your application.
Step 8: After submitting the form, you receive a confirmation number. You can also check the registration update request status online.
All the micro, medium and small enterprises originating from the manufacturing or servicing sector are eligible for the registration of Udyog Aadhaar. Any individual who is running a small business is eligible. Considering all the benefits, it is better to apply for the same, irrespective of the size of your business.
Udyog Aadhaar is a registration form where MSME confirms its existence. It provides essential information like the Aadhaar and bank account details of the owner. When you submit this form, a confirmation form containing a unique UAN (Udyog Aadhaar number) will be generated. It will be sent to the applicant’s registered email as well. This is a self-assessment. Hence there is no further documentation required. Recently, the Government of India has started the Udyog Aadhaar (UAM) registration process to encourage small and medium-sized enterprises in the country. But, the registration of Udyog Aadhaar is currently being migrated to the Udyam registration. MSMEs must apply for Udyam registration to receive the benefits given to MSMEs by the government. Industries or entrepreneurs currently registered with Udyog Aadhaar must transition to Udyam registration by June 30, 2022. This is to receive the benefits granted to MSME. If entrepreneurs do not move to Udyam registration, their UAM will be invalid, and you will need to register again on the Udyam portal to receive the benefits of MSME.
Ans: Once the system has verified the Aadhaar number, you can choose your Company’s NIC code. You need to select from a three-level dropdown list. This list is displayed based on the key activity selected for your organisation, manufacturing, or service sector.
Ans: In the event of a discrepancy or complaint, the general manager of the district industry centre in the affected district will investigate. This is to confirm the details of the Udyam registration submitted by the Company. Then they will refer the issue to the relevant director, nominee, or industry secretary of the state government with the necessary supporting documents. The state government will notify the Company, allow them to file a proceeding, and then amend the details or ministry based on the findings. The Government of India may recommend cancelling the Udyam registration certificate for small and medium-sized enterprises.
Ans: The process is registered online, and the Udyog Aadhaar certificate is evaluated in a digital form. The process is fast, and it is also guaranteed that only real companies will be registered. If you have a technical problem, it can take up to a day. But, usually, the process is completed within hours and given to the business owner.
Ans: Both are the same. However, Udyog Aadhaar’s MSME must register for Udyog Aadhaar. Any organisation, not just MSME, can register for Udyog Aadhaar. It is a unique identifying system provided by the government to SMEs. There are numerous government initiatives available to small and medium-sized businesses. However, not all businesses can make use of them. It is easily accessible to those who have registered for Udyog Udyog Aadhaar.
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