Udyog Aadhaar Registration Services in Purnea, Bihar
In the recent times, to promote small scale businesses in the country, the Government of India had started the Udyog Aadhaar Registration (UAM) process. However, at present, Udyog Aadhaar registration has been shifted to enterprise registration. MSMEs (Micro, Small and Medium Enterprises) have to apply for enterprise registration to avail the benefits provided by the government to MSMEs.
However, after the introduction of Udyog Aadhaar Memorandum (UAM), the Central and State Governments discourage filing of Entrepreneur Memorandum (EM-I/EM-II). Earlier, to register an MSME, 11 different types of forms had to be filled. At Avyud Consutancy, we will help you in your Udyog Aadhaar registration. Contact our expert team and take advantage of our Udyog Aadhaar registration service.
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Udyog Aadhar Eligibility
Not all businesses can obtain Udyog Aadhaar registration. Only those entities that can be classified as micro, small or medium enterprises as per the table below on the basis of investment in plant and machinery are eligible for Udyog Aadhaar.
| Classification | Manufacturing Sector | Service Sector |
| Micro Enterprise | Upto Rs. 25 lakhs investment in plant & machinery | Upto Rs. 10 lakhs investment in equipment |
| Small Enterprise | Upto Rs.5 crore investment in plant & machinery | Upto Rs.2 crores investment in equipment |
| Medium Enterprise | Upto Rs.10 crore investment in plant & machinery | Upto Rs.5 crores investment in equipment |
Any service business investing in equipment worth more than Rs 5 crore or manufacturing business investing in plant and machinery of more than Rs 10 crore will not be eligible to obtain Udyog Aadhaar registration.
Benefits of Udyog Aadhar
Udyog Aadhar registration is provided free of cost by the government and it is easy and easy to get online. After obtaining Udyog Aadhaar, a business can enjoy the following benefits:
- The applicant will receive financial assistance to participate in the overseas expo to display their products.
- The applicant will also be eligible for government subsidy.
- Registration will facilitate opening of current bank accounts in the name of the business.
- This will allow businesses to apply for government micro business loans and other such related beneficial schemes.
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FAQs for Udyog Aadhaar Registration Services
Is MSME Registration Now Converted to Udyog Aadhar?
Yes, MSME registration has been converted to Udyog Aadhaar registration.
How do I Cancel Udyog Aadhar Registration?
Firstly find the nearest Udyog Aadhar center and fill the form to cancel your Udyog Aadhar registration.
Is Udyog Aadhaar as a Shop ACT License?
No, both are completely different. Shop Act registration is basically regulated by local state laws whereas Udyog Aadhar registration is regulated by central law.
How do I Register Udyog Aadhar for Service Sector?
Answer For any service sector Udyog Aadhar registration maximum Rs. 5 crore investment in equipment. Basic details like aadhar card number and bank details, activity is mandatory for official registration link
