Is MSME registration now converted to Udyog Aadhaar? - Letsdiskuss
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Posted 06 Dec, 2019 |

Is MSME registration now converted to Udyog Aadhaar?

Ananya Nair

Accountant | Posted 13 Dec, 2019

Yes, MSME Registration has been converted into Udyog Aadhaar Registration. Udyog Aadhaar has been introduced just to simplify the process that business owners used to follow for registering their business under MSME (Micro Small Medium Enterprise). Before introducing the process of Udyog Aadhaar Registration the process was quite hectic and time consuming as well. With the new system you can experience an improved form of registration process.

If you own a MSME you should get the registration process done to avail various benefits from Government. Complete your MSME Registration process through FinacBooks the most easy and inexpensive way.

seema gupta

Financial & Tech Blogger | Posted 09 Dec, 2019

Yes, MSME registration is now converted to Udyog Aadhaar registration. Udyog Aadhaar was launched by the Government of India to recognize the efforts of our country’s Micro, Small and Medium Enterprises sector. 

To impart maximum benefits to the MSME sector, Udyog Aadhar has streamlined the registration process to quite an extent. Given below are the steps through which you can register your business using the Udyog Aadhaar registration process – 

  • Log in to the official website launched under this initiative.
  • Provide your registered Aadhaar number and your name in respective columns.
  • After entering these details, click on “Validate and Generate OTP”.
  • You will receive an OTP which you will have to submit to verify the information entered.
  • You will be redirected to a form.
  • In this form, you will need to fill in details like name and type of organization, etc.
  • Check each detail carefully to eliminate any chance of errors.
  • Navigate to the bottom of the page and click “Submit”.
  • You will again receive an OTP on submission.
  • Enter this OTP to complete your registration successfully and enjoy MSME advantages.

By registering your MSME through Udyog Aadhaar, you can avail several benefits offered by the government, like incentives on the products for export, credits at reduced interest rates, statutory aids, etc. You should also check what are the benefits of MSME registration to know the full list of advantages you can avail by registering your MSME.