In India, the Udyam Aadhar registration process plays an important role in empowering small and medium-sized enterprises (SMEs) by providing them with various benefits and opportunities.
If you’re looking to register your business under the Udyam Aadhar scheme and obtain the necessary certificate, you’re come to the right place.
In this comprehensive guide, I’ll walk you through the step-by-step process of applying for Udyam Aadhar registration, along with instructions on how to download your certificate once registration is complete.
What is Udyam Aadhar Registration?
Before diving into the registration process, let’s understand what Udyam Aadhar registration entails. Udyam Aadhar is a government-initiated scheme introduced by the Ministry of Micro, Small, and Medium Enterprises (MSMEs), Government of India to provide various benefits and incentives to small and medium-sized businesses. It replaced the earlier system of MsME registration known as Udyog Aadhar.
Benefits of Udyam Aadhar Registration
- Access to government schemes and subsidies.
- Priority sector lending from banks and financial institutions.
- Preference in government procurements and tenders.
- Waiver of stamp duty and registration fees.
- Subsidies for technology upgradation and business expansion.
- Protection against delayed payments under the Micro, Small, and Medium Enterprises Development (MSMED) Act.
- All the MSME registered under Udyam Registration will be eligible to get loan without mortgage any property or land. So that they get finance easily for their MSME which will help them grow their business.
Eligibility Criteria for Udyam Aadhar Registration
- Business Entity: The applicant must be a legal entity engaged in manufacturing, production, or providing services.
- Classification: The Business entity must fall under the classification of micro, small, or medium enterprise (MSME) as per the criteria defined by the government.
- Investment Limit: The investment limit in plant and machinery or equipment for micro, small, and medium enterprises varies depending on the sector in which the business operates. As of 2022, the investment limits are as follows:
- Micro Enterprise: Investment in plant and machinery or equipment does not exceed Rs. 1 crore.
- Small Enterprise: Investment in plant and machinery or equipment is more than Rs. 1 crore but does not exceed Rs. 10 crores.
- Medium Enterprise: Investment in plant and machinery or equipment is more than Rs. 10 crores but does not exceed Rs. 50 crores.
- Turnover Limit: The turnover limit for MSMEs is also determined based on the sector of operation:
- Micro Enterprise: Turnover does not exceed Rs. 5 crores.
- Small Enterprise: Turnover is more than Rs. 5 crores but does not exceed Rs. 50 crores.
- Medius Enterprise: Turnover is more than Rs. 50 crores but does not exceed Rs. 250 crores.
- Aadhar Card: The applicant must have a valid Aadhar card issued by the Unique Identification Authority of India (UIDAI). The Aadhar card serves as the primary identification document for the registration process.
Documents Required for Udyam Aadhar Registration
To complete the Udyam Aadhar Registration process, you’ll need to provide certain documents and information. Here’s a list of documents required for Udyam Aadhar Registration:
- Aadhar Card: The primary identification document required for Udyam Aadhar Registration is your Aadhar card issued by Unique Identification Authority of India (UDAI). Ensure that your aadhar details are accurate and up-to-date.
- PAN CARD: A valid pan card is essential for getting a Udyam certificate.
- GsTIN Number: A GiSTIN number of the enterprise is required for Udyam Registration.
- Address Proof: You’ll need to provide a proof of the permanent address of the enterprise.
- Classification Details: Information related to the classification of your business entity as micro, small, or medium enterprise (MSME), based on investment in plant and machinery or equipment and turnover.
- Bank Account Details: You’ll need to provide the bank account details of your business entity, including the account number, IFSC code, and branch details.
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How to Apply for Udyam Aadhar Registration ?
Now, let’s walk through the step-by-step process of applying for Udyam Aadhar Registration:
Step 1: Visit the Official Udyam Registration Portal
To begin the registration process, visit the official Udyam registration portal at udyamregistration.gov.in
Step 2: Enter Aadhar Number
On the homepage of the portal, you’ll find an option to enter your Aadhar number and name . Provide your 12-digit Aadhar number and click on the “Validate & Generate OTP” Button as shown in below picture.
Step 3: Validate OTP
Once you enter your Aadhar number, an OTP (One-Time-Password) will be sent to the mobile number linked with your Aadhar. Enter the OTP in the designated field and click on the “Validate OTP” button to proceed.
Step 4: PAN Details Validation
After validating your Aadhar successfully, you’ll also need to verify your Personal Account Number (PAN) details, as shown in the image below.
Step 5: Fill in the Application Form
After validating the PAN Details, you’ll be directed to the Udyam Aadhar registration form. Fill in the required details accurately, including your personal information, business details, and bank account details.
Step 6: Submit The Application
Review the information provided in the application form and ensure its accuracy. Once you’ve verified the details, click on the “Submit & Get Final OTP” button to complete the application process.
Step 7: Download Udyam Aadhar Certificate
Upon successful submission of the application, you’ll receive a registration acknowledgement number. This acknowledgment number can be used to track the status of your application. To download your Udyam Aadhar certificate, follow the steps given in the Download section below.
Congratulations! You’ve successfully applied for Udyam Aadhar registration.
How to Download Udyam Aadhar Certificate?
To download your Udyam Aadhar certificate, follow these steps:
- Visit the official website of Udyam Registration at Udyamregistration
- Click on the “Print Udyam Certificate” option from the “print & verify” menu.
- Enter your Udyam registration number or acknowledgement number.
- Click on the “Print Certificate” button to download the certificate in PDF format.
Congratulations! You’ve successfully applied for Udyam Aadhar registration and obtained your certificate. With your Udyam Aadhar registration, you’re now eligible to avail various benefits and incentives offered by the government o to support the growth and development of your business. Be sure to keep your Udyam Aadhar certificate safe and accessible for future reference.
Conclusion
In conclusion, the Udyam Aadhar registration process is a simple and straightforward way for small and medium-sized businesses to unlock a world of opportunities and benefits. By following the steps outlined in this guide, you can easily apply for Udyam Aadhar registration and leverage the advantages it offers for growth and prosperity of your business.