What Is Udyog Aadhar?
Udyog Aadhar is nothing but a government registration that is provided along with a recognition certificate and a unique number in order to certify small/medium businesses or enterprises.
The central motive behind the launch of this facility was to offer a way to the government to provide the maximum benefits to medium or small-scale businesses or industries in India, who are registered via MSME through their Aadhar Card Number.
The owner, director or proprietor of the entity will provide his/her 12-digit Aadhar Number, whether the enterprise or entity is a sole proprietor, an LLP, a Private limited company or anything else. It should have the recognition certificate provided via the MSME registration process.
Who Should Get Udyog Aadhar?
Let’s get some things clear! Almost every type of business entity can obtain Udyog Aadhar, be it Hindu Undivided Family, Proprietorship, one-person company, Partnership Firm, production company, limited company, private limited company, limited liability partnership, co-operative societies or any association of persons or any other undertaking. But you should know that there are a set of criteria that an entity has to meet in order to be classified as a medium, small or micro enterprise for obtaining the MSME registration. If you own a company or an enterprise, then you should check if your entity can be classified as a medium, small or micro industry under the criteria defined in the MSMED Act, 2006 for checking your eligibility
Benefits Of Udyog Aadhar Check out top 10 benefits derived from the numerous schemes that are offered by the Ministry of MSME with the aim to protect small enterprises and to assist them in growth and development.
- Excise exemption
- The exemption under the direct tax laws
- Reduction in fee for filing patents and trademarks
- Credit guarantee scheme
- After getting registered with MSME, your business will get eligible for availing government scheme benefits which will include loans without guarantee, low-interest rates on loan, and easy loan.
- You will have financial backing from the government for participating in foreign business expos
- You will also get to enjoy other forms of subsidies that will help you in increasing your company’s revenue.
- Great concession in electricity bills
- You will get an exemption when your enterprise applies for government tenders.
Procedure for getting UdyogAadhar in digitalcenter portal with 4 easy steps
- Step1. login to digitalcenter.co.in
- Step2.click on add new UdyogAadhar fill up the all details and upload all essential documents with self attested then click on submit button
- Step3. Once form has submitted , Our executive will process form and call in case of any requirement
- step4. After verification , You can download UdyogAadhar from digitalcenter.co.in