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What is Udyog Aadhaar/ MSME/SSI ?

Udyog Aadhar or Aadhar for business is a 12-digit Unique Identification Number provided by the Ministry of Micro, Small and Medium Enterprises and Government of India to small and medium enterprises on registration of their business. To boost small-scale businesses, Government of India has initiated the Udyog Aadhaar Registration process. Earlier, if you wished to start a business and get SSI registration or MSME registration, you needed to go through a lot of paperwork which was really time consuming. However, with the introduction of Udyam Registration, things have changed and to some extent, have improved for medium, small, and micro-enterprises. Industries registered with Udyog Aadhar become entitled to receive the benefits of several government schemes such as subsidies, easy loan approvals etc.

Procedure to Udyog Aadhaar/ MSME/SSI
  • Select your package
  • Make Online Payment
  • Submission of Documents
  • Receive your Certificate on Mail
Documents required for Udyog Aadhaar/ MSME/SSI
  • Copy of Aadhaar card
  • Current Bank account details
  • PAN card/Voter ID card/Passport/Driving license
  • Copy of Caste certificate (for SC, ST, and OBC category)
Advantages of obtaining MSME/Udyog Aadhaar/ SSI Registration Certificate.
  • Due to the Udyam, the bank loans become cheaper as the interest rate is very lower than interest on regular loans
  • There are various tax rebates available for Udyam
  • Reduction in fee for filing patents and trademarks
  • The exemption provided when applying for government tenders
  • Protection from delayed payments
  • Excise exemption
  • Get easy access to credit in lower interest rates
  • The applicant will receive financial support for participating in foreign expos to showcase their products
  • Other benefits of Udyog Aadhar Registration include concession in utility payments such as electricity bills, Reimbursement of ISO certification, a claim of stamp duty and registration charges and many more.
New MSME Classification
New MSME Classification
Composite Criteria: Investment and Annual Turnover
Classification Micro Small Medium
Manufacturing & Services Investment in Plant and Machinery or Equipment: Not more than Rs.1 crore and Annual Turnover : not more than Rs. 5 crore Investment in Plant and Machinery or Equipment:Not more than Rs.10 crore and Annual Turnover : not more than Rs. 50 crore Investment in Plant and Machinery or Equipment: Not more than Rs.50 crore and Annual Turnover : not more than Rs. 250 crore
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