Udyog Aadhar Registration: Application Process & Documents Required

Details about Udyog Aadhar

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.

Who is eligible for Udyog Aadhar?

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.

Udyog Aadhar Registration process

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.

• Step 1: Open the official website of the Udyog Aadhar, which is https://udyogaadhaar.gov.in/UA/
• Step 2: Fill in your personal details: you will first have to fill in your name along with your 12-digit Aadhaar number. Then, you will have to select “Validate & Generate OTP.”
  On your registered mobile number, you will get the OTP number. Once you enter the OTP number, you will get to select your social category. Out of SC, OBC, ST, and General, select your social category. It is very important to remember that the people who are filing for Udyog Aadhar online need to have their Aadhar first. If you do not have an Aadhaar card, then you will first have to apply for an Aadhar card with the Government of India via the concerned department and then apply for Udyog Aadhar.
• Step 3: Fill in the details about the company or companies that you would like to register. here, you will have to fill in the name of the company or companies that are to be registered. If you have more than two companies, then separate Udyog Aadhar is required for them. So, you would have to fill in the names of the companies in the Enterprise1 and Enterprise2 categories. Then, you will have to select the type of organization for all the companies.
• Step 4: Filling of other details: in this category, you will have to fill in all the details about the company or companies, like the postal address, registered email address, registered mobile number, etc.
• Step 5: Fill in the other details required: in this category, you will have to fill in the date of commencement of the enterprise and all other previous information regarding the registration of the company. This category includes information related to registration via SSI, EM1, or EM2 process.
• Step 6: Give the bank details: under this category, you will have to give the company bank details, including the account number name of the bank, along with the IFSC code and branch name.
• Step 7: Classification of the Company: in this category, you will have to give the company’s core business, that is, whether the company is a manufacturing company or a service-providing company. The core business is to be mentioned. In case your company deals in both prospects, then you would have to choose that category where the company’s presence is major. For example, if the company's core process includes 70% of the manufacturing process and 30% of the service, then you will select manufacturing as your core business.
• Step 8: The total Investment in the company: after all the above details are filled, in this category, you will have to fill in the total number of employees in your company and also the amount of investment made in lakhs in the company. If you have more than one company, then you would have to fill in details individually for each company that you are registering under this category.
• Step 9: Choose the industry district center and finally accept the declaration. from the list provided on the website, select the district center of the industry, and finally, accept the declaration and click on the submit button. After the selection, you will get an acknowledgment number.

Documents required for Udyog Aadhaar registration

• Name of the business owner, along with his Aadhar number.
• Document stating the social category is selecting OBC, SC, and ST.
• Name of the company along with the details of the initial registration process of the company.
• Document supporting the type of the organization
• Documents related to the postal address and the bank details.
• National Industrial Classification Code.
• Pan card details

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.

Benefits of the Udyog Aadhar

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:

• Exemption of the excise duty.
• Exemption in the direct tax law
• The fees for filling out patents and trademarks are subsidized.
• Coverage under the CGSE Scheme.
• You will get a loan with a subsidized rate of interest under the Government’s loan schemes. The loan amounts are also guaranteed under this category.
• If your company participates in the foreign business expo, the government provides your company extra financial cushion.
• All other subsidies introduced by the government can be availed by your company, thus increasing the overall revenue of the company.
• Your company will also get electricity at a subsidized rate.
• When your company applies for Government tenders, extra exemptions are made for the companies registered under the Micro, Small, and Medium Enterprises category.

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.

How to rectify Udyog Aadhar details?

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.