Udyog Aadhar or Udyam Aadhar is a twelve digit Unique Identification Number provided by Ministry of Micro, Small & Medium Enterprises, Government of India.  Any person who intends to establish a micro, small or medium enterprise can file for Udyam registration. It is also known as Aadhar for business.

MSME Act came into force on 2^nd Oct 2006 to promote self-employment in the country through setting up of micro enterprises. Udyam Registration is the new process of MSME/UDYOG launched by the ministry on 1^st July 2020.

Benefits of Udyam/Udyog Aadhar Registration:

£ Collateral Free Bank Loans under Credit Guarantee Fund Scheme,

£ Easy clearance of pending payments through conciliation & arbitration,

£ Overdraft facility with interest exemption,

£ 50% discount on trademarks & Patent Fees,

£ Concession on electricity bills,

£ Reimbursement of ISO Certification charges,

£ Government Tenders easily,

£ Exemption under Direct Tax laws.

REGISTRATION FOR EXISTING ENTERPRISES:

£ Existing enterprises registered under EM-Part II or UAM have to register again with Udyam  Aadhar on or after 1^st July, 2020,

£ Existing enterprises registered prior to 30^th June, 2020 shall continue to be valid only for a period up to 31^st March, 2020,

£ An enterprise registered with any other organization under the Ministry of Micro, Small & Medium Enterprises shall register itself under Udyam Registration.