Friday, 19 May 2017

REGISTRATION OF UDYOG AADHAR

In India, entrepreneurship is also promoted by the Government through various schemes by the Ministry of Micro, Small and Medium Enterprises (herein after MSME). The new name for the registration of MSME is Udyog Aadhar registration which indeed simplifies the registration process by making it accessible online. The registration of Udyog Aadhar encourages small and medium enterprises. It also certifies the enterprises’ existence, bank details, business activities carried on, employment and ownership.
The following steps describe how a Micro, Small or Medium Enterprise can register for Udyog Aadhar online:
1. Details of the owner/applicant: The applicant/owner must enter his 12 digit Aadhar card number, his/her name (which should match with that on the Aadhar card) and his/her social category.
2. Name, Type and Address of the Enterprise: After filling the above details, the Applicant must fill the name by which his/her Enterprise is known to the customers/public and is a legal entity to conduct business. It is to be noted that one applicant can have numerous enterprises doing business and each one can be registered for a separate Udyog Aadhaar and with the same Aadhaar Number as Enterprise 1 and Enterprise 2 etc. The applicant is also required to choose the type of enterprise and the postal address of the same. The address must be complete and should have essential details like State, District and mobile number.
3. Date of Commencement:The date on which the business enterprise was started or came into existence must be filled.
4. Previous Registration Details:If the organisation has been registered andissued a valid EM-I/II by the concerned GM (DIC) as per the MSMED Act 2006 or the SSI registration prevailing prior to the said Act, such number may be mentioned.
5. Bank Details:The applicant must submit his/her bank account number (the one that is used for operating the Enterprise), Name of the Bank, IFS code and the name of the branch as well.
6. Major Activity:The applicant needs to specify whether the enterprise engages in manufacturing or service activity. If the enterprise has both the activities being carried out then whatever forms a major portion is the one he needs to choose.
7. National Industry Classification Code:The NIC codes are prepared by the Central Statistical Organisation (CSO) under the Ministry of Statistics and Program implementation, Government of India. The NIC code must be filled.
8. Employment details:The number of individuals who are employed currently by the enterprise should be specified by the applicant. The applicant must provide information about the total number of individuals who are paid wages by the said enterprise.
9. Details of Investment in Plant and Machinery:The enterprise needs to provide its total investment. For coming up with total investment, the original investment (purchase value of items) is to be taken into account excluding the cost of pollution control, research and development, industrial safety devices, and such other items as may be specified, by notification of RBI.
10. Choosing District Industry Centre (DIC):This is based on location and the applicant has to choose the appropriate DIC as per the location of the enterprise.
11. Submission of Application: After filling all the necessary details as mentioned above, the applicant needs to submit the application by simply clicking on the submit button.
Author: This blog is written by Ms. Adila Qadir, a passionate blogger & intern at Aapka Consultant.
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