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UdyogAadhar

          Udyog Aadhar is nothing but a government registration that is provided along with a recognition certificate and a unique number in order to confirm small/medium businesses or enterprises. The central motive behind the launch of this facility was to bid away to the government to provide the maximum profit to medium or small-scale businesses or industries in India, who are registered via MSME through their Aadhar Card Number.

Benefits of UdyogAadhar:

UdyogAadhar registration is given free of cost by the Government and its simple and easy to receive online. After receivingUdyogAadhar, a business can enjoy the following benefits:

  1. The applicant will get financial support for participating in foreign expos to showcase their products.
  2. The applicant will also be eligible for government subsidies.
  3. Registration would facilitate the hassle-free opening of current bank accounts in the name of the business.
  4. It would also allow businesses to apply for government micro business loans and other such related beneficial schemes.

UdyogAadhar Eligibility

Not all businesses can getUdyogAadhar registration. Only those entity that could be classified as a micro, small or medium business as per the table below based on investment in plant and machinery is applicable for UdyogAadhar.

Classification

Manufacturing Sector

Service Sector

Micro Business

UptoRs. 25 lakhs investment in plant & machinery

UptoRs. 10 lakhs investment in equipment

Small Business

Upto Rs.5 crore investment in plant & machinery

Upto Rs.2 crores investment in equipment

Medium Business

Upto Rs.10 crore investment in plant & machinery

Upto Rs.5 crores investment in equipment

Any service business having an investment in equipment of more than Rs.5 crores or a manufacturing business having an investment in plant & machinery of more than Rs.10 crores would not be applicable for receiving UdyogAadhar registration.




Process:

Fix the Appointment→Visit→Collect Require Documents→Make Draft→Verification→Notaries in front of authority.



Required Documents:

Name and Aadhar number of the business owner (as mentioned in the Aadhar card)

Document required as a proof for SC, ST and OBC social category

Name of your organization or enterprise

Previous registration details of your enterprise

Type of organization that you own

Current address and account details

NIC Code or National Industrial Classification Code

The total number of workers employed at your organization

Current activities of your firm

Email ID and mobile number of the entrepreneur

PAN number and the total investment made in the organization by the entrepreneur



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