Udyog Aadhar / Udyam Registration
Udyam registration is established for the micro, small and medium companies or enterprises and it is approved by the government with 12 sets of numbers. This is known as Aadhaar for Business. This enterprise is classified into three types. Those are micro, small, and medium enterprises. Mainly these enterprises are classified based on the few criteria and check the below qualification for the Udyog or Udyam registration as per the government rules,
Micro Enterprises
Micro enterprises in the Manufacturing Sector, the investment in plant and machinery or equipment does not exceed more than 25 lakhs. In the Microenterprises in the Service Sector, the investment in plant and machinery or equipment does not exceed more than 10 lakhs.
Small Enterprises
For small enterprises in the Manufacturing Sector, the investment in plant and machinery or equipment is from 25 lakhs to 5 crores. In the small enterprises in the Service Sector, the investment in plant and machinery or equipment is from 10 lakhs to 2 crores.
Medium Enterprises
Medium enterprises in the Manufacturing Sector, the investment in plant and machinery or equipment is from 5 crore to 10 crore. Medium enterprises in the Service Sector, the investment in plant and machinery or equipment is from 2 crores up to 5 crores.
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Frequently Asked Questions
Udyog Aadhaar is a government registration with classification of small, medium business or enterprise. After completion of this registration, each business will get the Certificate and unique registration number. This is also called as MSME Registration
- Udyam helps to get bank loans easily with low interest rates.
- Tax rebates option also available with Udyam registration.
- Getting government tender is easy with Udyam registration.
- Sale certificate.
- Copy of vehicle insurance.
- Identity proof.
- Proof of residence.
- Customs Clearance Certificate (important for imported vehicles).
- Challan receipt.