The Government of India has started the UdyogAadhaar Registration process to provide encouragement for small scale businesses. UdyogAadhaar Registration is a novel initiative taken up to promote the growth of small scale businesses in India. It providesfor the registration for the small and micro scale entrepreneur firms in India and all that one is required to do is to fill up the Entrepreneurship Memorandum, also known as MSME, and the registration process is done. The UdyogAadhaar Registration will help simplify the earlier complicated registration process and will also be done with just a one page form which is available online. Apart from this MSMEwill also certify itself its existence, business activities, bank details, employment and ownership details, etc.
Let us now take a look at the simplified procedure for online UdyogAadhaar Registration:
Step 1 – Filling up of Aadhaar Number
Filling up the 12 digit aadhaar number in the registration form is the first step.It has to be kept in mind that Adhaar number is mandatory and without the aadhaar card number, the registration process cannot be continued.
Step 2 – Name of the owner
The applicant has to fill up his/her name as mentioned in the Adhaar card issued. No change or modification is allowed. For example, if the candidate’s name is PriyaBhushanChowdhury and the adhaar card name is Priya B. Chowdhury, the applicant has to fill her name as Priya B. Chowdhury. If there is any change of name as opposed to what is written in the aadhaar card, the application will get rejected.
Step 3 – Social Category
After providing the Adhaar card number and applicant’s name, the applicant has to provide information about his/her social category. Proper documents will be required if the applicant belongs to SC/ST/OBC category.
Step 4 – Name of the Firm
The name of the enterprise is required to be filled by the applicant. The name will be that by which his/her enterprise will be known to the public. Legal documents for that will also be needed. If more than one enterprise is there, then the enterprises can be registered as Enterprise 1 and Enterprise 2 suing the same Aadhaar card number.
Step 5 – Types of Organization
The applicant will have to fill the type of organization he is wishing to start.
Step 6 – Postal Address
The exact postal address of the enterprise along with the pin number, mobile number and email address is needed.
Step 7– Date of commencement
The candidate has to mention the date on which the enterprise commenced.
Step 8 – Previous registration details
Previous registration details of the particular enterprise must be provided and every appropriate and required detail should be filled up in the particular box.
Step 9 – Bank details
In case of bank details, the applicant has the task of mentioning two important things. The two things are- his/her bank account number and secondly the IFS code of the bank branch where the applicant’s account exists. In the case where the applicant does not know the IFS code, he/she should mention the name of the bank and the branch where his/her account exists.
Step 10 – Major Activity
The enterprise’s main activities have to be mentioned. There will be a major activity box where there will be two types of options- manufacturing and servicing. The applicant has the option of choosing any of it. In the cases where the particular enterprise in involved in both types of works, there comes a tricky way to fill out the registration form. Suppose your enterprise is involved with manufacture on the large scale and servicing on the small scale, you must choose ‘manufacturing’, and if your company is involved with servicing on the large scale and manufacturing on the other, i.e. the reverse then you should choose ‘servicing’ as the major activity.
Step 11 – NIC Code
National Industry Classification code or the NIC code should be mentioned by the applicant in the registration form. More than one national industry classification code can be provided and for mentioning more than one NIC Code, one should click the button ‘add more’. After that the details have to be mentioned as required.
Step 12 – Persons employed in the enterprise
The number of people who are currently employed by the enterprise has to be mentioned by the applicant. Also, information about the total number of individuals who are paid wages by the said enterprise of the applicant is also to be furnished.
Step 13 – Investment in Plant and Machinery equipment
The applicant has to provide details about the total investment expenditure on installing plants and machinery equipment. This detail will exclude the cost of pollution control, safety devices, etc. according to the rules as notified by the RBI. In the case where the plants and machinery purchased on 2005 are of the value of Rs. 10lakhs and that in 2007 is Rs. 30 lakhs, the investment expenditure would be around Rs. 40 lakhs.
Step 14 – DIC
The DIC based on its location has to be mentioned and the box in the application form will show the options only when there are more than one DIC in the district. The applicant is supposed to fill the details accordingly.
Step 15 – Submit the registration form
After filing out all the columns and all the points as mentioned above, the applicant has to click on the submit button and then the UdyogAadhaar Registration number will be generated.
To apply MSME/UdhyogAadhar Registration, simply submit your query here
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