The Udyog Aadhar Registration is a completely online process that is totally free of cost. It is a great boost for SMEs in the country and below we detail the entire process of registration for the same.
Udyog Aadhaar Memorandum is the registration form wherein the MSME certifies its existence and provides mandatory information such as the owner’s Aadhar details, bank account details etc.
After submitting this form, an acknowledgement form is released to the registered email of the applicant containing the unique UAN (Udyog Aadhaar Number). As it is a self-declaration form, there’s no need for any supporting documentation.
Udyam Registration is the new process of MSME/UDYOG AADHAAR Registration launched by the the Ministry of Micro, Small and Medium Enterprises on July 1, 2020.
In the interest of environment no physical copy of MSME Certificate will be issued. Government believes in paperless work.
At present Aadhaar Number is mandatory for issuance of MSME Certificate
In the new registration portal, it is not specifically mentioned anywhere in the Act as well in the notifications issued by the Ministry that the Udyam Registration Certificate will be valid for certain period of time like 5 years, 10 years etc. Therefore, it can presume that the registration is valid till the existence of Enterprise and there is no requirement for renewal. However, Enterprises have to update the information as required on new portal including PAN and GST on or before March 31, 2021.
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