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Udyog Aadhaar is a type of identity card for Micro, Small and Medium Enterprises. It is only a registration which is used as an identity proof for the business for opening any bank account, GST Registration it shall also be useful at the time of claiming any incentive from the government.
Udyog Aadhaar consists of 12 digits unique ID. It gives legality to the business. Any micro, small or medium enterprises to start any business needs to register itself under Udyog Aadhar.
Earlier Udyog Aadhar was known with the name of Small Scale Industries Certificate (SSI). Now the name has been changed from SSI to Udyog Aadhaar and the whole registration process has been made online.
Udhyog Aadhar is required by only running enterprises a start-up need not get the registration.
To promote the ease of doing business the Ministry of MSME has started the registration process online which is required by micro, small and medium enterprises. All the businesses which are already in existence and are having Small Scale Industry Registration or MSME Registration do not have any compulsion to obtain Udhyog Aadhar but if they desire they can obtain such registration.
The online Udyog Aadhar registration process has been created with an aim to encourage the online filing of Entrepreneurs Memorandum for Micro, Small and Medium Enterprises. The online Udyog Aadhar registration process will simplify the registration process. In the registration form, the MSME will self-certify its existence, bank account, business activity details, employment and ownership details, and other information.
Documents Required for Online Udyog Aadhaar Registration: Aadhaar Number– 12 digit number as mentioned on the Aadhar Card issued to the applicant by the Dept.
Read our article: Here is what you should do for your Udyog Aadhar Registration