Udyam Registration With UAM

The Ministry Of MSME has announced a new way of registering business known as Udyam Registration. The word came out on June 26, 2020, and was finally put into effect on 01st July, 2020.

And as per the Indian Government's notification, all existing MSMEs registered under the Entrepreneur Memorandum EM – Part-II or Udyog Aadhaar Memorandum UAM (MSME / Udyog Aadhaar) have to re-register before 31st March, 2021.

Udyam Registration

Udyam Registration is the latest form for MSME business registration according to a new government notification. Udyam Registration is Udyog Aadhaar's re-classified version which provides a single registration process for all current and future companies.

Udyog Aadhaar Memorandum

The Udyog Aadhaar Memorandum (UAM) is a one-page registration form that helps MSMEs register themselves and self-certify all business details like a bank account, promoter details, etc.

Back in September 2015 the Ministry of Micro, Small and Medium Enterprises started the Udyog Aadhaar scheme. The main goal was to support the interests of micro, small, and medium-sized enterprises that operate in India. Udyog Aadhaar is a twelve-digit Unique Identification Number provided for commercial purposes by the Government of India. It is a unique identification system mainly used for small and medium scale businesses.

Why do you need to register from UAM To Udyam?

Once you have registered you can access many government schemes for MSMEs. Benefits include excise and direct tax deductions, simple low-interest loans, credit-guaranteed loans, government subsidies and more.

Registered companies are also eligible for financial assistance for participation in various international exhibitions. They are perfect places for networking and exhibiting products.

By applying through the primary lending agencies, registered businesses are eligible for credit-linked capacity subsidy schemes.

Concessions to energy bills have been made.

The Government has provided many advantages so that entrepreneurs can help MSMEs develop not only in India but also internationally. A reservation policy and a credit guarantee scheme are two of those advantages.

Documents Needed To Register With UAM

There are few documents required for Udyam registration with UAM which are completely based on self-declaration basis:-

• The company owner's name and Aadhar number (as shown in the Aadhar Card)
• Name of your business or organization
• Details of your enterprise Previous registration
• Type of enterprise/organization that you own
• Current address and account details of the owner.
• NIC Code or National Industrial Classification Code
• Number of total workers employed at your organization
• Current activities of your firm
• Entrepreneur&rsquo's Email ID and mobile number
• PAN number and the overall expenditure made by the entrepreneur in the organization

Process To Register Udyam With UAM

The process to register in Udyam has become quite easy and simple. You just have to follow the below steps:-

Step 1: Firstly, visit the Udyam Registration Portal.

Step 2: Now, enter your previous Udyog Aadhaar Number (UAN).

Step 3: Enter the required details in the Udyam form.

Step 4: Make sure the entered details provided by you are correct and make the online payment for the registration process.

Step 5: One of our professional Experts will process your application.

Step 6: You will receive the Udyam certificate on your registered email address within 1-2 hours.

Why Us?

We are a team of experienced consultants who help startups and entrepreneurs register their companies under MSME. We are continuously working on making the process easy and simple for entrepreneurs who want to register their businesses.

So with msmeregistrar.net you can get your Udyam certificate and avail the various benefits provided by the government. If you still face any difficulty our experts will assist you. You can also click on our inquiry form provided on the site to get in touch with our expert.