A quick guide to Udyog Aadhaar (Aadhaar for Business)

Do you own and/or operate a Micro, Small or Medium Enterprise (MSME)?

Consider registering for MSME Udyog Aadhaar (Business Aadhaar)!

But before you do, check out our guide below!

What is Udyog Aadhaar?

Udyog Aadhaar, also known as Business Aadhaar or MSME registration is a 12-digit number allotted to a micro, small or medium enterprise that entitles them to avail the benefits of several government schemes for promotion of small businesses.

This 12-digit number identifies your MSME as a unique business entity and offers a number of benefits.

What are the benefits of Udyog Aadhaar?

Udyog Aadhaar provides a number of unbeatable benefits for MSME such as:

  • Subsidy and tax relaxation/exemption
  • Subsidies on capital investment
  • 1% exemption on interest rate on overdraft
  • Access to government projects (tenders)
  • Easy access to credit

With Udyog Aadhaar, you will get 50% discount on trademark registration and a concession on your business electricity bills. You can easily open a current account or get a loan, get faster approvals on various licenses and registrations, and most importantly – enjoy greater recognition in the market and among potential customers.

Which companies are eligible to apply for Udyog Aadhaar?

Eligibility for Udyog Aadhaar depends on the amount of investment made by the enterprise.

Micro, Small and Medium enterprises that meet the following criteria can apply for Udyog Aadhaar.

No.Enterprise TypeManufacturing Industry
(Investment in Plant and Machinery)
Service Industry
(Investment in Equipments)
1MicroDoes not exceed Rs. 25 LakhDoes not exceed Rs. 10 Lakh
2SmallExceeds Rs. 25 Lakh but does not exceed Rs. 5 CroreExceeds Rs. 10 Lakh but does not exceed Rs. 2 Crore
3MediumExceeds Rs. 5 Crore but does not exceed Rs. 10 CroreExceeds Rs. 2 Crore but does not exceed Rs. 5 Crore

 

Should you apply for Udyog Aadhaar before you commence operations in your enterprise?

If possible, you should get a Provisional SSI Registration Certificate (PRC) before starting operations in your enterprise. This PRC is valid for 5 years.

Taxguru offers an easy process to register for Udyog Aadhaar at affordable cost!

In addition, we offer:

  • Fast processing
  • Affordable services
  • No hidden fees
  • Money-back guarantee
  • Complete confidentiality

To apply for your Udyog Aadhaar, call Taxguru at 9224618250  email us at info@mytaxguru.net!

Disclaimer: The information is provided purely for informational and educational purposes only. It should not be misconstrued as legal advice. Taxguru cannot take any responsibility for the result or consequences of any attempt to use or adopt any of the information presented herein.

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