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The main motive of the government in introducing Udyog Aadhar is to make the process of registration of a company under Micro, Small, and Medium Enterprises very simple and easy for business owners.
The initial process was very hectic and also time-consuming, where a lot of paperwork was required. Basically, it was an old-school bureaucratic way of management. The introduction of Udyog Aadhar has brought changes in the whole process, thus simplifying it for Micro, Small, and Medium Enterprises.
Along with the simplification of the process, the government has also introduced various benefits for the companies registering under the Micro, Small, and Medium Enterprises category via Udyog Aadhar. The former system was called Entrepreneur Memorandum (EM-I/II). In the old system, the process differed from place to place. Some used to follow the national portal for registration, some used to follow the State portal, while others did it manually. The introduction of Udyog Aadhar has brought uniformity to the system uniformity. Now, everyone follows the same set of processes and rules for registration of the company.
Udyog Aadhar is the registration process for companies to list themselves under the Micro, Small, and Medium Enterprises category of the Government of India. Under this process, a unique number is generated for each company, and also they are given a recognition certificate as proof of their registration. The main motive of this process is to provide maximum benefits of the Micro, Small, and Medium Enterprises category to all the companies present in India and registered through Udyog Aadhar. The director, owner, or proprietors of the sole proprietorship company are supposed to provide their Aadhar details, whereas all other companies, including limited liability partnership firms, partnership firms, private companies, etc., are to provide the Udyog Aadhar number.
Almost all companies, including sole proprietorship firms, partnership firms, HUF, limited companies, production companies, LLP companies, co-operative societies, etc., present in India can apply for the Micro, Small, and Medium Enterprises category if they fulfill the other criteria mentioned in the Micro Small and Medium Enterprises Act 2006.
| Category | Service Sector (in equipment) | Manufacturing Sector (in plant and machinery) |
|---|---|---|
| Micro Enterprise | Up to Rs.10 lakh | Up to Rs.25 lakh |
| Small Enterprise | Up to Rs.2 crore | Up to Rs.5 crore |
| Medium Enterprise | Up to Rs.5 crore | Up to Rs.10 crore |
The process of application is very simple and easy. The whole process is straightforward in comparison to the initial process. Following are the guidelines to register your company under the Micro Small and Medium Enterprises category via Udyog Aadhar.
These documents are to be uploaded online where required. If a person is not filing the form online, then he will have to submit the documents to the general manager of the concerned District Industries center along with the fully filled application form for the Udyog Aadhaar.
There are various advantages for companies registering for Udyog Aadhar. One of the best parts is that the whole process of registration is very simple and easy. The process eradicates almost all the paperwork as you fill out the form online and upload the documents. The various benefits given to the companies registered under the Micro, Small and Medium Enterprises category are:
These are major benefits provided to the companies falling under the Micro, Small, and Medium Enterprises category, thus giving an edge to these companies to compete and grow in the competitive world. The main motive of the Government to introduce such a scheme is the overall growth of the economy and development of all the categories/ sectors of industries across India.
If you have received the Udyog Aadhar and if there is any mistake in the card, then the process of editing the detail is very simple. You will just have to visit the official website of Udyog Aadhar. There is a newly launched provision of editing of the Udyog Aadhar details. Click on the button and follow the instructions where you will have to first fill in the Udyog Aadhar number along with the name. Then, you will receive an OTP on your registered mobile. Fill in the OTP number then you will be directed to the webpage where you can make the changes. Make the changes where required and upload the supporting documents.
Yes the UDYOG AADHAR MEMORANDUM process has replaced the EM I/ II process. The notification dated 18-09-2015 filling of EMI/ II are discouraged by the state and union territories. Now efforts are made to popularize the UDYOG AADHAR MEMORANDUM process by the ministry of Micro Small and Medium Enterprises via https://udyamregistration.gov.in/UA/UA_VerifyUAM.aspx
The NIC code can be selected after the filling of the 12 digit Aadhar number is being validated. After that you can select the core category from the drop down list stated on the website. You can choose any one option from the two available i.e. manufacturing or service. If a company deals in both the process then the majority of the company process is to be selected.
As per Micro Small and Medium Enterprises Act 2006 the number of employees does not have any relation with the size or type of the enterprise. Under the UDYOG AADHAR MEMORANDUM one needs to fill only the number of the employees working with the company. In the classification of the Micro Small and Medium Enterprises investment in land, buildings, etc. are not materialized. According to the Micro Small and Medium Enterprises Act Investment in plant and machinery are to be taken into consideration while computing the investment amount.
The process of the filling for the Udyog Aadhar can be done online by individual owners of the enterprises if they have their Aadhar number. However if you do not have aadhar number then you can fill the form offline that is in the paper form with the general manager of the District Industries centre. The whole process can also be notified by the gazette dated 18-09-2015. The person having the Aadhar number do enjoy the benefits of filling the form online where the process is very simple and convenient also.
All the offline or online registration process for the registration of the companies under the Micro Small and Medium Enterprises created and maintained by the Union Territory/ State/ Central Government are to cease the new application for the registration. However these platforms will be allowed to exist for a certain period of time so that the data can be accessed and used in the process of the decision making. From now on there will be only one platform for the registration process and that would be the Udyog Aadhar Memorandum.
The Udyog Aadhar Registration is a completely online process that is totally free of cost.
The SME (Small and Medium Scale Enterprises) owner needs to fill out a one-page form that he can do either online or offline.
The MSME has to self-certify its existence and provide its self-certified certificates, and the registration number would be generated.
Yes, MSME registration is converted into Udyog Aadhar registration.
Any service sector can apply for Udyog Aadhar registration free of cost with maximum of Rs. 5 Cr investment in equipment. The aadhaar card number and the basic details like bank details,activity is mandatorily for official registration link
Lifetime validity is there for Udyog Aadhaar Memorandum from the date of registration.
First find the nearest Udyog Aadhaar Center and fill the form for cancelling your Udyog Aadhaar Registration.
No both are completely different.Shop Act Registration basically regulated by Local State laws whereas Udyog Aadhaar Registration regulated by Central law.
LLP cannot be registered through udyog aadhaar as it can registered only with MCA.only..Udyog Aadhaar is just an MSME registration.
