In concern for the economic growth of the country ministry of MSME collaborated with Govt. of India and launched Udyog Aadhar in September 2015. Since; the release of Udyog Aadhar Registration, businesses (gearing up) to avail of this opportunity at speed. In 2020, MSME (Micro, Small, and Medium Enterprises) released a new update.
What is Udyog Aadhar Registration?
Udyog Aadhar is basically Aadhar registration for businesses. Upon registration, you receive a unique 12-digit recognition number.
This is the token to enjoy the benefits of the scheme available in your business sector; it helps to develop and maintain the business growth. As per records, over 4.8M businesses have registered under Udyog Aadhar in India.
- UDYOG AADHAAR REGISTRATION
- UDYAM REGISTRATION
- INSTANT REGISTRATION
- MIGRATE UDYOG TO UDYAM
- UPDATE UDYAM REGISTRATION
- PRINT CERTIFICATE
- BLOG
- Online Seva
Udyog Aadhar – Top 10 Benefits of Udyog Aadhar Registration?
Upon registration, the businesses avail access to many benefits. Let’s check the astonishing benefits offered by officials -(MSME), which help to uplift the businesses.
1. Exclusive Govt. subsidies availability/ accessibility.
2. Avail the opportunity to apply for business loans (micro- sector).
3. Avail easy accessibility towards Govt. provisions for any business.
4. Loans are accessible at subsidized rates with no guarantee.
5. Can access loans from banks at a lower rate of interest.
6. Offered an opportunity of reserving exclusively manufactured products.
7. Comprises on electricity statements.
8. safety in case of delayed payments.
9. Absolute scrutiny to participate in trade fairs internationally.
10. Subsidy for registering Barcode.
11. Dispensation during government tenders applications.
These benefits entertain businesses with a wide range of opportunities as registered Udyog Aadhar possessors.
Online Udyog Aadhar Registration 2022 | Udyog to Udyam Migration
Udyog Aadhar used for what?
This Govt. issued identity certificate avails numerous opportunities for SMEs who register through MSME. However, the motive is to provide the utmost benefits to manufacturers and service providing sector.
Why register for Udyog Aadhar Registration?
Since Udyog Aadhar avails great opportunities to MSME- it clearly states it’s highly beneficial for the individual proprietor. Especially the previously unregistered sole proprietor gains the chance to connect with Govt. and receive their unique recognition.
Udyog Aadhar eligibility criteria 2022
Businesses that run in MSME ( Micro, Small, Medium) sector work as manufacturers or service providers and are eligible to approach Udyog Aadhar.
However, previously registered businesses with Entrepreneurship memorandum I or II (of 2006) are not eligible to opt for Udyog Aadhar. In case of registration with any one or both memorandum I and II, eligibility is void.
The eligibility criteria also include:
•Ownership/ proprietorship
•Undivided Hindu Family(HUF)
•Sole proprietorship (OPC)
•Dealing with businesses in partnerships
•Private limited companies
Businesses are classified based on the MSME enterprise sector.
1. In Microenterprise, the turnover reaches 05 crore where the investment (machinery and products/services) is up to 1C.
2. In a Small enterprise, the turnover reaches 50C with an investment (machinery and products/services) of 10C.
3. In Medium enterprise, the turnover reaches 250C with an investment (machinery and products/services) of 50C.
In the table, investment and turnover will explain which sector your business lands.
Enterprise sector | Investment | Turnover |
Micro | Rs 1C | Rs 5C |
Small | Rs 10C | Rs 50C |
Medium | Rs 50C | Rs 250C |
As per 2021 records, the MSME limit for small enterprise yearly turnover did not exceed 50 crores.
Udyog Aadhar fees
The Govt. does not charge fees upon Udyog Aadhar registration to any business. However, one can register multiple Udyog Aadhar with the corresponding Aadhar number.
Is MSME and Udyog Aadhar the same in any case?
Udyog Aadhar and MSME are linked internally but are not one. The initiative is different for both, but the registration process is similar. Businesses can register to MSME on the go after receiving Udyog Aadhar certification.
Know this before you opt for Udyog Aadhar:
1. As of March 2021, Pan number and GST number are mandatory.
2. Aadhar card number is enough to register.
3. Registration of MSME is an utter online process.
Udyog to udyam migration
udyog to udyam migrate
Udyog Aadhar to Udyam migration
migrate udyog to udyam
Udyog Aadhar migration
migrate Udyog Aadhar to Udyam registration
migrate Uam to Udyam
how to migrate Udyog Aadhar to Udyam registration
migrate Udyog Aadhar to Udyam
migration from Udyog Aadhar to Udyam
Online Udyog Aadhar Registration
Udyam registration
Udyog Aadhar free registration
MSME registration
Udyog Aadhar registration fees
Udyog Aadhar download
Udyog Aadharlogin
Udyog Aadhar registration status
Udyog Aadhar update