With more than 50 million business units, and consist of over 93% of the industrial organization in the India, the Small, Medium Enterprise sector is the root of our Country’s economic growth. In fact, it is accountable for 45% of the total country manufacturing output. To encourage the efforts of this SME sector, the ministry of Micro, Small and Medium Enterprises of India, in co-occurrence with the Government of India, launched the registration of Aadhaar Udyog facility. If you are wondering ‘What is Aadhaar Udyog?’, the answer is very simple: It is an pinpoint system, similar to Aadhaar Card, but expressly for businesses organization. As an MSME/SME, you can enjoy special benefits through subsidies issued by government of India as its main goal is to promote the growth of all businesses registered.
Below motioned Explanation is all you need to know about Aadhaar Udyog registration and its benefits.
Business enterprises that are grouped on basis of their investment in plant and machinery (as per the table below) are eligible to apply for an Aadhar Udyog registration.
| Classification | Manufacturing Sector | Service Sector |
|---|---|---|
| Micro Enterprise | Upto Rupees. 25 lakhs investment in plant and machinery | Upto Rupees. 10 lakhs investment in equipment |
| Small Enterprise | Upto Rupees. 5 crore investment in plant and machinery | Upto Rupees. 2 crores investment in equipment |
| Medium Enterprise | Upto Rupees. 10 crore investment in plant and machinery | Upto Rupees. 5 crores investment in equipment |
It is crucial to note that to register your organization, you must have your Aadhaar card information at your hand. If you do not have your Aadhaar card, visit an Aadhaar card enrolment centre and apply for it. Upon receiving aadhar card, here is the process to follow.
Log on to the official web portal by visiting This Link
Enter your Aadhaar card number and name mentioned on it in the section ‘Aadhaar Number’ and ‘Name of Entrepreneur’.
Check the button and then click on ‘Validate & Generate OTP’.
It is crucial to know that there are not any fees for Aadhaar Udyog & you can print your Aadhaar Udyog certificate only upon registration.
As you’ll notice, the Udyog Aadhaar application process is simple and easy to follow.
Udyog Aadhaar Memorandum Number (UAM) is a one-page form for registration under which as an MSME registration granted, you can self-verify your organization’s existence, bank accounts details, promoter/owner’s Aadhaar Card details and other needed information’s. There is no fees for filing the Aadhaar Udyog Memorandum. Post form submission, Aadhaar Udyog Acknowledgement will be generated and mailed to the registered email address provided in the Unique UAM Number, which would contain unique Aadhaar Udyog Number (UAN).
Enterprises which have already Entrepreneurship Memorandum-I or Entrepreneurship Memorandum-II or both, or the holders of SSI registration, before the MSME Development Act came in force, will not be needed to file Aadhaar Udyog Memorandum. As there is not barriers on filing multiple UAMs using the same Aadhaar Card Informatio , enterprises can file the same if they desire too.
As the Aadhaar Udyog memorandum is a self-declaration application, there isn’t any need to submit additional supporting documents attachment. However, central or state government can ask for documentation as proof of the information and so, here are the list documents you should have to keep ready.
When registering for Udyog Aadhaar, the documents required are as follow:
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