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UDYOG AADHAR REGISTRATION

The Union cabinet approved the modalities and road map for the micro, small and medium enterprises on 1st June ,2020. India is aiming to take next big leap. The initiative to skill India’s efforts directed towards economic infrastructural changes, has ramped up micro entrepreneurship models and boosted start up culture. The young Indian entrepreneur will require knowledgeable workers and skilled technical staff who are flexible, analytical and who can be driving force for gaining market share. The Micro, Small and medium enterprise not only contributes significantly to the Indian Economy in terms of Gross Domestic Products (GDP) but also to exports and employment generation.

Any person who intends to establish micro, small, or medium businesses will have to file for Udyam registration in the online Udyam Registration Portals. The business will subsequently be issued an Udyam Registration Number and an e-certificate namely, ‘Udyam Registration Certificate’. As per the notification of the ministry of the msme, all the existing Indian companies and enterprises shall file and register as Udyam on or before 31st Mar 2021. The old Udyog Aadhaar Memorandum can be upgraded to Udyam registration by verifying/seeding the PAN.

What is Udyog Aadhaar?

Udyog Aadhaar (also called as Aadhaar for Business) is a unique 12-digit Government identification number provided by the Ministry of MSME for the small and medium enterprises to register themselves as MSME.

Unlike other business entities, a sole proprietor business owner does not have an official recognition of his business. Udyog Aadhaar is highly advisable for Sole Proprietors who dont have an official govt recognition as udyog aadhaar helps a sole proprietor get a unique identity and official registration with the Government of India that validates the existence of his business.

Benefits of Udyog Aadhaar

Given below, is a list of benefits derived from the various schemes offered by the Ministry of MSME for the Protection, Growth and Development of the small enterprises. The same benefits can also be availed by the Udyog Aadhaar holders and prove to be very advantageous for them.

GST RETURN FILING Protection against delay in payment.

GST RETURN FILING Fast resolution of disputes

GST RETURN FILING Collateral Free loans from bank

GST RETURN FILING Exclusive consideration for participating in international trade fair

GST RETURN FILING Octroi benefits

GST RETURN FILING Waiver of Stamp duty and Registration fees

GST RETURN FILING Several Exemption under Direct Tax Laws

GST RETURN FILING Barcode registration subsidy

GST RETURN FILING Subsidy on NSIC Performance and Credit ratings

GST RETURN FILING Reduced rate of interest from banks

GST RETURN FILING Exemptions while applying for Government tenders

GST RETURN FILING Concession in Electricity Bills

GST RETURN FILING Reimbursement of payment made for obtaining ISO certification

GST RETURN FILING 1% exemption in interest on OD

GST RETURN FILING Increasing eligible loan limit for optimal reasons, from the amount of Rs. 25 lakh to Rs. 50 lakh

GST RETURN FILING Raising the extent of guarantee cover from 75 % to 80 %

GST RETURN FILING Reservation of products for exclusive manufacturing by MSME/SSI

GST RETURN FILING Easier registration and approvals to obtain Licenses

GST RETURN FILING Eligible for IPS subsidy

GST RETURN FILING Preference in allocation of Government tenders

GST RETURN FILING Excise Exemption Scheme

GST RETURN FILING Reduced rate of interest from banks

GST RETURN FILING 50% subsidy for patent registration


You need to submit a few documents for completing the registration process to obtain Udyog Aadhaar for your enterprise.

GST RETURN FILING Aadhaar card of the business owner (with name and Aadhaar number)

GST RETURN FILING Social category

GST RETURN FILING Proof of social category (SC, ST and OBC)

GST RETURN FILING Name of your organization or enterprise

GST RETURN FILING Previous registration details of your enterprise

GST RETURN FILING Type of enterprise or organization

GST RETURN FILING Current address proof

GST RETURN FILING PAN number and account details

GST RETURN FILING National Industrial Classification (NIC) Code

GST RETURN FILING The total number of workers employed by the organization

GST RETURN FILING Current activities of your firm

GST RETURN FILING Email ID and mobile number of the entrepreneur

GST RETURN FILING The total investment made in the organization by the entrepreneur


Every type of business entity including one-man company, proprietorship, partnership firm, manufacturer, producer, limited company, private limited company, limited liability partnership firm, co-operative societies, any association of individuals, retailors, Hindu Undivided Family or any other undertaking should get Udyog Aadhaar.

Your business needs to meet certain eligibility criteria defined in MSMED Act, 2006 to be classified as a medium, small and micro industry. Owners of enterprise and company should check if they can be classified under MSMED Act.



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