Udyog Aadhaar Registration - PowerPoint PPT Presentation

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Udyog Aadhaar Registration

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Swarit Advisors deals in MSME Registration is mandatory for small business entities. It will help them in availing subsidies, incentives, concessional rate loans and other registration benefits offered by the government. The eligibility criteria to obtain the MSME registration certificate differs on the basis of the investment in plant and machinery. – PowerPoint PPT presentation

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Title: Udyog Aadhaar Registration


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  • Sole Proprietorship Firm
  • Hindu Undivided Family
  • One Person Company
  • Partnership Firm
  • Limited Liability Partnership
  • Co-operative Society
  • Association of Persons.

ANY BUSINESS ENTITY IS ELIGIBLE
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Another reason was the documentation and paper
work involved in the process of MSME
Registration. Also, the owner of the business was
required to apply for both as MSME and Small
Industry.
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Udyog Aadhar Memorandum
It is a single page self-certification form,
wherein an applicant discloses all the
information related to business. The term
information denotes the existence of the
entity, bank account number, and details,
particulars of the applicant, etc. Further, the
government has exempted the fees for Udyog Aadhar
Memorandum. After the submission of the form, an
acknowledgment will be sent on the registered
email address. This acknowledgment will also
include Unique Aadhar Number (UAN).
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Entities Eligible for Udyog Aadhar Registration
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NOTE
As per the latest announcement made by our
Finance Minister, Mrs. Nirmala Sitharaman 1 ,
on 13 May 2020, the definition of MSME has been
changed. Now, the difference between the
manufacturing and service sectors has been
eliminated. Further, the Investment Limits have
also been revised, and a turnover criterion has
been introduced.
According to the notification passed by MSME
Ministry on 01 June 2020, the new definition of
MSME has come into effect from 01 July 2020.
Lastly, the government has extended the period of
restructuring scheme for the MSME Sector till 31
March 2020.
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BENEFITS OF UDYOG AADHAR MSME REGISTRATION
  • Assists in getting Bank Loan without Mortgage or
    Collateral Security
  • Provides Tax Exemption of Direct Tax
  • Provides Lower Interest Rates
  • Gives 50 grant in Patent Registration
  • Reimbursement of ISO Certification
  • Easy Procedure to obtain License and Approvals
  • Provides Electricity in Concessional Rates

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  • Offers Government Subsidies
  • Ease in Opening Current Bank Accounts
  • Subsidies in Barcode Registration
  • Subsidies in Manufacturing and Production Sector
    Policies
  • Provides Octroi Benefits under the Package Scheme
    of Incentive, 1993
  • Gives Protection against Delayed Payments
  • Provides subsidies on NSIC Performance and Credit
    Ratings
  • Coverage under the CGSE Scheme.

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Documents Required for Udyog Aadhar MSME
Registration
  • Name and Aadhar details of the Applicant
  • Certificate for Social Category, such as OBC, SC,
    and ST
  • Name of the Enterprise
  • Business Nature of the Entity
  • Address Proof of the Enterprise
  • Details and Bank Account Number of the
    Enterprise
  • Total Count of the Workers
  • Mobile Number and E-mail ID of the Applicant
  • PAN (Permanent Account Number) and Total
    Investments made by the Company.

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The government has prescribed no Udyog Aadhar
Registration Fees for the registration process.
That means the registration process is Free of
Cost.
Udyog Aadhar Registration Fees
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Source- https//swaritadvisors.com/learning/udyog
-aadhar-registration-fees-and-procedure/
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