What are the documents required for MSME registration? And MSME Registration Benefits

Micro Small and Medium Enterprises (MSME) sector has emerged as a very vibrant and dynamic sector of the Indian economy. Small scale registration certificate used to be issued by respective District Industries Centres (DICs). After 2006 this was changed to Entrepreneurs Memorandum (EM-I) for such enterprises that are yet to commence operation and EM-II for enterprises having commenced operations. Scuh Memoranda were to be filed with the respective DICs. Some States/ UTs, subsequently, computerized the process of filing of EM, while rest continued with physical filing. In 2014 Ministry of MSME launched the ITplateform Portal in consultation with States / UTs.

To further simplify the registration process, the Ministry of MSME, has notified the Udyog Aadhaar Memorandum (UAM) on 18th September 2015 to Apply Udyog Aadhar Registration. UAM requires only Aadhaar Number of the applicant / authorized person filing the application. UAM provides instant Online Aadhar Registration making the process easy, paperless.

As per the recommendations, the Ministry of MSME, in consultation with the National Board of MSMEs and the Advisory Committee in this behalf, has prepared a one-page Udyog Aadhar Registration Form on Udyog Aadhar Online Portal that would constitute a self- declaration format under which the MSME will self-certify its existence, bank account details, promoter/owner’s Aadhaar details and other minimum basic information required for Udyog Aadhar Registration. Based on the same, the MSMEs can issue online, a unique identifier i.e. Udyog Aadhar Registration Number.

Benefits of Udyog Aadhar MSME Registration:

Online MSME Registration Application Form will enable the units/enterprises to seek information and Apply Online Udyog Aadhar about various services being offered by all Ministries and Departments. The simplified Udyog Aadhaar Registration will enable all enterprises to file and register themselves online portal of Udyog Aadhar so that simply by using Udyog Aadhaar Number, they can access other services. The process of applying Udyog Aadhaar Number on Udyog Aadhar Registration Portal is free-of cost, paperless and results are instant registration.

Having Udyog Aadhaar Registration is not mandatory for registering with MSME under Udyog Aadhaar Memorandum. The Udyog Aadhaar Registration can be done online by individuals themselves or can hire an Advocate dealing in Udyog Aadhar Registration, GST Registration, Income Tax Consultants in Delhi or in India in case they have an Aadhaar number. However, in all exceptional cases, including those of not having Aadhaar number, can still file Udyog Aadhaar Memorandum, in offline mode (i.e. on paper form) with the help of Udyog Aadhar Registration Consultants in Delhi, with the General Manager (GM) of the concerned District Industries Centre (DIC). The persons having Aadhaar numbers, by virtue of having provided the demographic as well as biometric details to the state, once and for all, indeed enjoy a greater ease of registration at the UAM portal. Within a short span of time, more than 38,000 registrations have taken place on the UAM portal owing to the simplified process of Udyog Aadhar Registration of MSME units by UAM registration consultants. The concept of Udyog Aadhaar Registration and ease of registration have thus originated to ensure wider coverage of MSMEs to avail the benefits under various Schemes of Central/ State governments.

Udyog Aadhar Registration:

Udyog Aadhar is a facility by which your company gets a 12 digit unique ID and becomes a legal entity. Any micro, small or medium enterprise to start out any business needs to get itself registered under Udyog Aadhar. Process of getting your own Udyog Aadhar Registration Id can be done by an Advocate consulting GST Registration, Udyog Aadhar Registration etc.

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