The Ministry of Micro, Small, and Medium Enterprises (MSME) has notified the Udyog Aadhaar Memorandum (UAM) under the MSMED Act to make it easier for MSMEs to do business.

  • The online udyog aadhar registration process is simple and convenient.
  • Udyog Aadhaar Memorandum (UAM) can be filed on a self-declaration basis.
  • There is no paperwork needed.
  • There is no cost associated with the filing.
  • It is not necessary to register multiple Udyog Aadhaar with the same Aadhaar number.

MSMEs must file a Udyog Aadhaar Memorandum (also known as the memorandum) in Form I by following the processes outlined below:

  1. The memorandum must be submitted online using the udyam registration site of the Ministry of Micro, Small, and Medium Enterprises of the Government of India.
  1. The memorandum must be filed by every micro, small, and medium-sized business that manufactures goods or provides services and has a total investment in plant and machinery of less than the level set out in section 7 of the Act.
  1. Only after the unit has been constituted, all regulatory clearances have been received, and commercial activities have begun, must the memorandum be filed.
  1. Any number of operations, including production, service, or both, may be specified in the memorandum.
  1. The proprietor’s Aadhaar Number must be included in the memorandum in the case of a proprietorship company, the controlling partner in the case of a partnership firm, and a Karta in the case of a Hindu Undivided Family (HUF).
  1. In the event of a business, a limited liability partnership, a cooperative society, a society, or a trust, the memorandum must include the organization’s Permanent Account Number (PAN) as well as the authorised signatory’s Aadhaar number.
  1. A one-time password (OTP) will be sent to the applicant’s mobile phone associated with his or her Aadhaar number for verifying a new memorandum or changing an existing one, and the applicant will enter the OTP in the form before submitting the memorandum.
  1. The memorandums must be self-certified, which means no further papers are required at the time of submission. The Central Government, the State Government, or any other person authorised in this role may, if necessary, request documentary confirmation of the facts included in the memorandum.
  1. A unique Udyog Aadhaar Number (UAN) would be issued and delivered to the email address provided in the memorandum, along with an Udyog Aadhaar Acknowledgement in Form I.
  1. If an applicant or authorised signatory does not have an Aadhaar number, or if online filing is not possible for any reason, a hard copy of the duly filled form I must be submitted to the concerned District Industries Center (DIC) or the Office of the Micro, Small & Medium Enterprise – Development Institute (MSME-DI), both under the Development Commissioner, MSME, and the concern.
  1. There is a limit of one memorandum per company.
  1. The proprietor, managing partner, or authorised person may request an amendment to the current memorandum by following the instructions for completing the online Udyog Aadhaar Form on the Ministry of Micro, Small, and Medium Enterprises’ website, Udyam Registration. Amending the Udyog Aadhaar Memorandum will follow the same steps as filing a new Memorandum.
  1. The UAM registration has taken the place of the Entrepreneurship Memorandum-If (EM-II).
  1. Existing firms who submitted an Entrepreneurship Memorandum-II or had a Small Scale Industry registration prior to the Micro, Small, and Medium Enterprise Development Act 2006 (27 of 2006) are not required to register an Udyog Aadhaar Memorandum, but they can if they choose to.
  1. The General Manager of the District Industries Center in the concerned district shall be authorised to conduct an investigation to verify the memorandum submitted by the enterprise, and if there is any discrepancy, he shall issue a notice to the enterprise, giving it an opportunity to present its case, and the authorised officer may amend or cancel the memorandum based on the findings.

Procedure to Register for Udyog Aadhar:

The Udyog Aadhar registration process is straightforward, as is the form completing the process. The system has been updated, and it now requires far less data than the EMI/II approach.

Today’s world is considerably simpler and more efficient. Here’s an easy way to receive your Udyog Aadhar by enrolling with MSME.

Step 1: Go visit the official website.

Go to the official Udyog Aadhar Registration page to start the process of establishing your business online.

Step 2: Fill in the blanks with your personal information.

Your name and 12-digit Aadhar number are the initial things you’ll need to fill out. If you click “Validate & Generate OTP,” you will receive an OTP on your registered cellphone number. You must select a social category from the options General, SC, ST, and OBC after entering the OTP.

Step 3: Finally, include information about the company or entity.

You must fill in the name by which the public/customers will recognize the business/entity as part of the application. You will need to register a separate Udyog Aadhar if you own more than one organization or business.

You can choose between Enterprise-1 and Enterprise-2 when filling out the form.

In addition, you must select a “Type of Organization” from the drop-down menu.

Step 4: Entering Correspondence Information

After you’ve filled out all of the above, you’ll need to submit the company’s/enterprise’s/postal entity’s address, which should include information about the district, pin code, state, email address, and cellphone number.

Step 5: Fill in the Carry Forward Information

You will also be needed to provide information on previous registrations via SSI, EM1, and EM2, including the UAM registration number.

Step 6: Fill in the Bank Information

The bank account number, as well as the IFSC code of the branch where your business’s account is active, must be provided. If you don’t know the IFSC code for the branch in question, you can look it up on the bank’s website.

Step 7: Your Company’s Classification

You must indicate whether your company’s primary activity is “services” or “manufacturing.” We understand that combining both of these options in your business can cause some confusion.

Step 8: Investing Total

After you’ve entered all of the above data, one of the last things you’ll need to do is enter the total number of employees and the total amount of money you’ve invested in your company (in lakhs).

Suggested Read- Print Udyam Registration Certificate

Stage 9: Choose a District Industry Center and Sign the Declaration

In the final step of this method, you will select the district industry center from the provided drop-down list. After that, you must accept the declaration and submit your application to finish the process.

— Previous article

Giving a gift hamper: convenient, thoughtful, and classy

Next article —

MSME Criteria Revised

You May Also Like