Is Udyog Aadhaar Registration replaced with Udyam Registration? | udyogadharcertificate.in
Yes, Udyog Aadhaar Registration is replaced with the Udyam Registration. The ministry of MSME declared a notification dated 26.06.2020, that states that all the micro small-medium businesses should be registered under Udyam, and the enrolment process will be known as Udyam Registration.
Also, the definition of MSME was approved by the Union Cabinet - Micro Small and Medium Enterprises to boost the growth of small companies in India. The new definition of MSME was declared by the Finance minister of India.
The MSME new definition states that
Earlier, the MSMEs were defined on the basis of investments put in, now the revised definitions will also include the turnover of the company.
Sitharaman also declared that there will be no more distinction between Manufacturing and Service MSMEs.
MSMEs will now be called Micro units if they have investments upto Rs 1 crore and turnover of less than Rs 5 crore. Small unit if they have investments upto Rs 10 crore and turnover of less than Rs 50 crore. Medium unit if they have investments upto 50 crore and turnover less than 250 crore.
| Enterprise | Turnover | Investment |
|---|---|---|
| Micro | Not more than 5 Cr. | Not more than 1 Cr. |
| Small | Not more than 50 Cr. | Not more than 10 Cr. |
| Medium | Not more than 250 Cr. | Not more than 50 Cr. |
- Rs 3 lakh crores Collateral free Automatic Loans
- Rs 20,000 crore Subordinate Debt for MSMEs
- Rs 50,000 crore equity infusion through MSME Fund of Funds
- The new definition of MSMEs
- Global tender to be disallowed up to Rs 200 crores
- Other interventions for MSMEs
It means that all existing MSME Companies must register/convert on or before 31st Mar 2021 to enjoy the MSME Benefits.
Any micro, small, and medium industries, if want to start any business, are required to do their Registration with MSME through Udyam Registration Portal. The Registration with MSME on the Udyam Registration website can be done online.
Getting a business registered under the ministry of MSME results in several subsidies and benefits.
MSME Registration / Udyam Registration Process
If you are looking for MSME registration/ Udyam Registration then follow the below process
Step 1: Visit the Udyam Registration Portal - udyogadharcertificate.in
Step2: Fill all the details on Udyam Registration Form
Step3: Make the online payment for your Udyam Application
Step4: One of the registration executives will process your Udyam application
Step5: In 24 working hours you will receive your Udyam certificate in your registered e-mail address
List of Documents Required For MSME/ Udyam Registration
A firm can enroll in Udyam Registration online at udyogadharcertificate.in. We present to you the list of data that are mandatory for getting a Udyam Registration certificate without any hassles.
For Proprietor Businesses
- Personal Aadhaar number
- Category of the business owner
- Business name
- All details related to banks
- National Industrial Classification code
- Total number of employees
For PVT Ltd/ Public Limited/ other Businesses
- Personal Aadhaar number
- GSTIN - GST Number
- Company PAN Card - PAN Number
- Category of the business owner
- Business name
- All details related to banks
- National Industrial Classification code
- Total number of employees
About udyogadharcertificate.in
We are a team of private consultants providing services related to MSME/ Udyam Registration online process under one roof. We have a strong knowledge of tax and legal implications. We guide and help the small-medium company in getting legal business registration work. Each business entity type needs proper guidance to ensure they are setting up the right type of business.
So we are here to help them. Call us at +914847110180 for any queries.
We just focus to provide one-click access to individuals and businesses for all their legal and professional needs.
We help business with all types of government official services including the following:
UDYAM REGISTRATION
UDYAM RE-REGISTRATION
PRINT UDYAM REGISTRATION
TRACE UDYAM REGISTRATION
UPDATE UDYOG AADHAAR CERTIFICATE
UDYAM SAMPLE CERTIFICATE
Get your company certified with ease, super fast service, hassle-free, competitive rates, lifetime valid certificates, free consultation. In case of any queries, reach out to us just by filling up the inquiry form and one of our executives will call you through the MSME helpline number.