Udyog Aadhar to Udyam Registration - PowerPoint PPT Presentation

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Udyog Aadhar to Udyam Registration

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We are all aware that back in June 2020, the Ministry of Micro, Small & Medium Enterprises had issued an official Gazette Amendment introducing the new system of Udyam Registration. Further it had also asked existing Udyog Aadhaar registrants to migrate to the new system within a stipulated time. The time to update has been extended ever since giving more and more time to existing Udyog Aadhar holders to migrate to the new system. – PowerPoint PPT presentation

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Date added: 27 March 2022
Slides: 7
Provided by: UdyogAadhaar
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Title: Udyog Aadhar to Udyam Registration


1
Udyog Aadhar to Udyam Registration
  • https//www.udyogaadhar.co.in/udyam-registration-o
    nline

2
We are all aware that back in June 2020, the
Ministry of Micro, Small Medium Enterprises had
issued an official Gazette Amendment introducing
the new system of Udyam Registration. Further it
had also asked existing Udyog Aadhaar registrants
to migrate to the new system within a stipulated
time. The time to update has been extended ever
since giving more and more time to existing Udyog
Aadhar holders to migrate to the new system. As
per the recent circular issued by the Ministry of
Micro, Small Medium Enterprises, this time
extension is going to end on 31st March 2022,
after which the current existing Udyog Aadhar
registered enterprises will no longer be valid
and will have to obtain a fresh Udyam
Registration or migrate their existing Udyog
Aadhaar registration to the new system.
3
This is being done to make sure every enterprise
has updated itself to the new system and thereby
has access to all the new and updated benefits
the Ministry wishes to provide to the Micro,
Small Medium Enterprises. Even though
enterprises may argue that they havent been able
to benefit much from the existing Udyog Aadhar
registration, it needs to be noted that the old
system had more constraints when it came to
availing benefits and the ministry plans to
tackle the same with the new and improved system
of Udyam Registration. It is therefore urging the
existing Udyog Aadhar Memorandum holders to
update their registration and migrate to the new
system of Udyam Registration.
4
  • Lets, try to answer our second question
  • Why you should migrate your Udyog Aadhar to Udyam
    Registration?
  • The answer is straight forward and simple - to
    stay in the system. You want to make sure that
    all the hard work you put into your enterprise
    gets recognized by the system. This is exactly
    why you should get your Udyam Registration. The
    new system is different from the old system in
    the following ways
  • The new system uses a QR Code to track and verify
    your registration certificate. It helps any
    agency tied with the government to verify your
    certificate and make sure of its authenticity.
  • The new system also automatically pulls data from
    the ITR and GST returns filed by your enterprise
    in order to categorize the enterprise into Micro,
    Small or Medium Enterprise. You no longer need to
    manually enter this data and prove it with
    documents as the same is auto populated by the
    system.

5
The above is a list of a few benefits enterprises
which migrate to the new system get upon
successful migration. There are many more
benefits associated with the new system which
will be updated and communicated from time to
time. The process to migrate your existing Udyog
Aadhar Memorandum to Udyam Registration is very
simple. Even if you dont remember your old Udyog
Aadhar details but are sure you had one, the same
can be recovered using your basic information
like mobile number or email address used at the
time of that registration. So go ahead and get
your new and improved Udyam Registration by
visiting this link https//www.udyogaadhar.co.in/
udyam-registration-online
6
  • The new registration certificate can be used as
    an Identity Document for your enterprise at
    financial institutions like banks, etc.
  • Online access to majority of benefits passed on
    to enterprises having Udyam Registration
    Certificate is being enabled in the new system
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