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is a unique 12-digit Government identification number which has been made as a facility for businessmen, which is registration of their enterprise with the Ministry of Micro, Small and Medium Enterprises, Government of India. It is similar to registration of a person with Aadhaar, the only difference is that Udyog Aadhaar Registration in Delhi is for enterprises that have been opened or are functional. The only connection of Aadhaar and Udyog Aadhaar being is that for Udyog Aadhaar Registration in Delhi, Aadhaar is a necessity. This facility emerged when the present Hon’ble Prime Minister Narendra Modi in his speech of “Mann Ki Baat”, which was telecasted on 03-10-2014 and he spoke on suggestions regarding the process of registration of small-scale industries that it should be made simpler, and this was highlighted to the government. This resulted in Report of the Kamath Committee on Financial Architecture of Micro, Small and Medium Enterprises sector, which spoke about Universalization of Registration, many consultations were made, and thus, was created a one-page method to register any enterprise. This resulted in improving the nation’s ranking in Doing Business Index. The Udyog Aadhaar Memorandum (UAM) was established under the powers of sub- Section (2) of Section 8 of the Micro, Small and Medium Enterprises Development Act, 2006. This also ended all the variations which existed in different regions for registration and made an online platform for registration. Escaping from the clutches of long lines, offices, tables, papers and waiting, it released the efforts and the problems and became techno-savvy, in the era of mobile phones and technology this Udyog Aadhaar Memorandum made registration of an enterprise just a click away.
Tare plenty, and when anything is spoken of, it is of utmost importance to know, that why it should be given such importance and why any person should take an initiative to do such a task, which will take some amount of his precious time. It will lead to the protection, growth and development of the small enterprises. Therefore, moving to the reasons to register Udyog Aadhar,
Delhi is the Capital of India and it is most apt that Udyog Aadhaar flourishes in this place. The city upholds many political appraisals from a very long time including the Mughals, British and even the current Government. The many historical monuments and significant aspects maintain that Delhi is the political Hub. there are variou small scale businesses in Delhi which can be benefited from the Udyog Aadhaar.
Answering this question, it is dreams come true for every entrepreneur or businessman to create an enterprise, and to have it registered. After the arrival of Udyog Aadhaar Memorandum, it helps an individual to fulfil their dreams. The Government provides many benefits like government schemes such as easy loans, reduced rate of interest, and collateral free loans, this helps them to financially boost and support their enterprise with a lot of ease. The government also provides subsidies, again to financially help any enterprise to come up, and to help them with their optimum financial growth. This registration because is a government facility and hence, the enterprise is automatically and always allowed to apply for business loans provided by the government, and also all other beneficial schemes by the government. The enterprise will also receive benefits when it comes to invest and store their money, as bank accounts and their facilities are provided without any hassles for registered business. And, the most attractive reason for registration is that the business will also be provided with the opportunity to make it international, as every enterprise will be given financial support to participate in foreign expos, this will result in creating a bigger platform and client base for the enterprise.
Now after reading about what is Udyog Aadhaar registration in Delhi, and why someone should register in Udyog Aadhaar, further stepping into the Process. As already mentioned there is a one-page form, which has to be filled, can be online or offline. The online MSME registration in Delhi has to be done through the government’s official website of Ministry of Micro, Small and Medium Enterprises. If there is more than one industry which needs to be registered, then individual registration should opt. Through this form, the Micro, Small and Medium Scale enterprises will have to certify or need certifications to prove its existence, their financial details like a bank account, their ownership details, their employment details and information related to their business activity, and during the process of registration provide these certificates. The government makes it approachable for all by keeping it without the requirement of any registration fees. After completing will all the formalities of certifications, filing of forms, and after uploading the one-page form, a registration number is generated which is forwarded to e-mail of the individual who filled the form, representing the Micro, Small and Medium Enterprises, which includes the unique 12-digit number, that is the Udyog Aadhaar Number. It is important to highlight that as registration of an enterprise is a very important thing for a firm, there are various platforms which help in Udyog Aadhaar Registration in Delhi and one of the most efficient and user-friendly platform which helps in this, is Company Vakil, providing guidance to make it easier for registering any micro, small and medium enterprise.
The government also guarantees 50% subsidy for patent registration. This mode of registration has made it easier to get approvals to obtain licences; the enterprise will also additionally be preferred in the allocation of government tenders.
Government indicates its full support by showing that they will receive exemptions while applying for Government tender, in Electricity bills, reimbursement of a payment made for obtaining the ISO certification.
As the documentation has been shifted online, without hassles of paper works, government offices, stamp duty and registration fees it has made registration tension free. Discussing the taxation, there will be several exemptions under Direct Tax Laws and Excise.
When it comes to the trade of these enterprises, banks will provide collateral-free loans, reduced rate of interest, and an increasing eligible loan limit for optimal reasons, from the amount of Rs. 25 Lakh to Rs. 50 Lakh; exclusive consideration will be given to participate in the international trade fair, to increase their approach and to create an international platform for them.
firstly, the enterprises will be given protection against the delay of payments, and then there will be the fast resolution of disputes.
There are a lot of requirements which are required for Udyog Aadhaar Registration in Delhi,
Documents required for Udyog Aadhaar registration in Delhi can be and has to be inferred with the requirements and the procedure to fill the registration form. Starting with the basic requirement as follows
Aadhaar Card, where the applicant is required to fill in the 12 digit Aadhaar registration number, if the person has not been provided with Aadhaar enrolment then he shall have to apply for Aadhaar enrolment. The applicant can register for Udyog Aadhaar Memorandum using the Aadhaar Enrolment ID slip, or a copy of his request for Aadhaar enrolment, or any bank photo passbook, or a voter ID card, or passport, or driving licence, or PAN card, or employee photo identity card issued by the Government. The Document concerned with the social category, a document will be asked to prove that the applicant belongs to the same social category he is claiming to be a part of. If there are any previous registration details, then those are required. Banking Details will also require documents for authorization purposes, for the total amount invested in terms of plant/machinery equipment. These are the few of the documents required for Udyog Aadhaar Registration in Delhi.
Benefits of Udyog Aadhaar Registration in Delhi includes
Ministry of Micro, Small and Medium Enterprise made this system of one-page registration of Udyog Aadhaar so that it remains to be the only mode of registration of enterprises, to keep the system uniform, organised and systematic.
Aadhaar number is essential for Udyog Aadhar registration Delhi NCR, if there is no enrolment, then the person has to enrol himself, and use the slip provided, or the application for Aadhaar to register in Udyog Aadhaar.
In order to promote ease of doing business for Micro, Small and Medium Enterprises, the Udyog Aadhar Memorandum requires less information than EM-I/II.
There are no supporting documents required at the stage of online filing of Udyog Aadhaar Memorandum, the information asked in on the basis of self-certification.
One of the added benefits of Udyog Aadhar Memorandum is that enterprises can avail loans without collateral and that also at low-interest rates.
The offline mode can be filed, with the General Manager (GM) of the concerned District Industries Centre (DIC), as notified in the Gazette dated 18-09-2015.
No, as of now, there has been no application available in mobile for Udyog Aadhar’s registration. But, this does not mean that in future such a facility cannot be expected.