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Udyog Aadhaar Memorandum (UAM) Registration Process for MSMEs

Udyog Aadhaar Memorandum (UAM) is a single-page registration that is equivalent to the previous 11 forms protocol for self-certification of the MSMEs. This could be proving the existence of the establishment, owner’s or promoter’s identity. Additionally, it is similar to the unique Aadhaar details and bank account info, or any other basic information to represent as an identity of the MSME.

Moreover, the registration process is completely paperless (online). Following the completion, the applicant will receive a unique Udyog Aadhaar Number (UAN). This UAN is an identifier that can be used in applications of all MSME schemes.

Udyog Aadhaar Memorandum significance

India, home to the largest number of MSMEs in the world. Further, it is estimated that about 95% of the total industrial units come under MSMEs. Thereby, comprising over 42.5 million industries. However, only 36 million are these units are under registration.

Considering the present scenario, our government implements vital schemes that aid MSMEs. Thus, in return, the MSMEs boost our Indian economy. Nonetheless, many of these small industries cannot avail benefits due to the lengthy registration process. Also, it includes over 11 forms and a lengthy registration procedure. Thereby, simplifying the tedious process via Udyog Aadhaar Memorandum

 Benefits of Registration Under Udyog Aadhaar Memorandum

 The Key goal of UAM is to provide MSMEs with easier access to government schemes. As they play a key role in the development of our economy. Thus, UAN eases the tedious work and also offers the following benefits:

  1. The UAM is not mandatory for all MSME
  2. It is a cost-free, paperless online registration that is easily attainable and applied from any place (even mobile phones)
  3. UAM provides benefits of low subsidy interest rates, easy loans, and loans with no collateral for any industry that registers and qualifies under an MSME
  4. The UAM reduces the hassle of paperwork while applying for MSME schemes. Yet, additional documents are to be presented when required 
  5. The applicant can use UAM for other eligible general Government subsidies
  6. One of the goals of UAM is to classify MSME and provide information about various government schemes 
  7. Additionally, they also provide financial support for participating in International Expos
Eligibility

 Any MSME can register for UAM if they qualify as an MSME. That is, the total cost value of the industry must be less than 10 crores, Further, the applicant must meet the following conditions to be eligible for registration

 Following, the MSMEs are classified as Manufacturing industries (that produce goods) and Service Industries (that only render services)

The MSME must fall under one of the listed categories below
UAM categoryType of MSMETotal Plant Value (instrument, machinery, equipment)
AManufacturingLess than 25 lakhs
DServicesLess than 10 lakhs
BManufacturingBetween 25 lakhs to 5 crore
EServiceBetween 10 lakhs to 2 crore
CManufacturingBetween 5 to 10 crore
FServiceBetween 2 to 5 crore
Documents Necessary for Enrolment 

The Registration process does not require you to have the documents presented. Yet, it is necessary to present the documents if and when requested while Udyog Aadhaar Memorandum registration. Nevertheless, the listed document data is significant for registration

The Application Process 

 The registration process for UAM is simplified for easy access to schemes. Thus, there is no additional fee. Consequently, it can be done online at the individual’s convenience:

  1. To apply, the applicant must visit the official UAM website (Click here for direct link)
Udyog Aadhaar Registration Provide Aadhaar number and name as per Aadhaar card in the Circled Tabs

2. Following that enter OTP and click on validate:

Enter Mobile Number, Generate OTP and Validate after entering the correct OTP

3. Subsequently, the applicant will be presented with a form:

Udyog Aadhaar Registration Form: 1 and 2 Points will be auto filled. Fill Rest of the Circled points correctly according to your details  

Point 7 Choose the type of Organization according to your Firm/Company/Society
Add Location of your Plant and make sure you click add plant button once its filled. if Not Applicable then leave it blank
Fill Official Address, Mobile Number, Email Address and Date of Commencement of Business
Add your Bank Details Correctly of Operative Accounts and Fill NIC code of business Activities

Check NIC Codes from this official list by clicking here

Udyog Aadhaar Registration NIC List Shows up like this select the right code

Add Persons Employed by your business, Total Investment and District Industry Centre after Click Submit
Submitting the Application
After Clicking Submit Udyog Aadhaar Pop in screen will ask for confirmation of correctness of Data Filled Click Submit
Next, the applicant will be prompted for an OPT (2nd time) and Add Verification Code according to what is generated on your form
You will receive an acknowledgement Number of your Udyog Aadhaar Memorandum

After Verification Udyog Aadhaar Memorandum UAM Number is generated and print the same as there is no hard copy that you will receive.

The same is also sent to your official email address but it is better to save a soft copy and print this once the certificate is generated.

For Additional information pertaining the Udyog Aadhaar Memorandum Click here

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