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.

A notification released by Government on Atmanirbhar Bharat Abhiyaan, there are a total of 6 reforms to revive the MSME sector. These are:

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

As per the new notification by the Government of India, every business unit registered under MSME / Udyog Aadhaar shall be treated as a valid MSME up to 31st March 2021.

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.