In this Article FAQ Series on Udyog Aadhar Registration, we will share with you answers to some commonly asked questions that will enable the readers to get firm knowledge and will clarify their doubts about Udyog Aadhar Registration.
Is Udyog Aadhar Registration and Company Registration the same?
Ans. There is a Huge difference between Udyog Aadhar registration And Company registration. As Udyog Aadhar is concerned with Micro, small and Medium enterprises that are small and medium business organization that are categorized or defined in terms of their investment in Plant, equipment, and machinery. Company registration is concerned with the registration of Business entity such as Private Limited company, Limited Liability partnership, Partnership and One Person Company etc. Udyog Aadhar comes under Ministry of Micro, Small and Medium Enterprises and Company Registration come under Ministry Of Corporate Affairs. Udyog Aadhar Registration is governed by MSME act, 2006 and Company Registration is governed by companies act, 2018.
What type of business can I start in Udyog Aadhaar?
Ans. You can start Any Manufacturing and Service related business under Udyog Aadhar. There is No Boundation related to the type of business. The business should be Legal and not illegal.
Who can register with Udyog Adhar ?
Ans. Any Business can be registered under Udyog Aadhar until it fulfills the Turnover Criteria of Udyog Aadhar registration , If Business exceeds the prescribed turnover limit , it has to get a company registration.
How do I register an e-commerce business through the Aadhaar Udyog portal?
Ans. You can register an ecommerce business by visiting udyog Aadhar Website using this link- https://udyogaadhaar.gov.in/UA/UAM_Registration.aspx. There you have to furnish your Aadhar Number and Name of the Business owner. You will recieve OTP on Mobile number, after verification you have to Fill a one Page Form and under Nic Code, you have to enter code as per Nic List to complete Udyog Aadhar Registration. But You need company registration and Gst Registration Before registering Ecommerce Business with Udyog Aadhar.
Can Udyog Aadhaar be used as a legal document for a company PAN card ?
Ans. Udyog Aadhar is not considered as a valid document to be used as a legal document for getting a Pan Card. For getting a pan card for a company you have to get company registration first from MCA Authority and then you can apply for Pan Card in Name of the Company.
What is the difference between Udyog Aadhar and Sole Proprietorship ?
Ans. A Sole Proprietroship is a form of a Business entity in India , which a Business owner adapts as a Business Model or Process. WHereas Udyog Aadhae Is a certificate that denotes that a Small and Medium enterprise is registered Entity Under MSME Ministry.
Can we register a company Pvt. Ltd. through Udyog Aadhaar?
Ans. no , to Register a Private Limited Company you have to seek Company registration From Ministry of Corporate Affairs . After Company registration You can acquire Udyog Aadhar Registration.
After registering through the Udyog Aadhaar, can I get a GST number?
Ans. yes, You can Apply for Gst Registration as Udyog Aadhar certifies that your MSME Unit is a Incorporated Entity In India. Udyog Aadhar is Treated as a registration certificate and That is why you can apply for GST Number IF you have Udyog Aadhar Certificate.
Can I change my name in Udyog Aadhaar?
Ans. No you cant change Your name in Udyog Aadhar but you can Change Business name in Udyog Aadhar, for this all you have to do is visit Udyog Aadhar official website on top You will see Update Udyog Aadhar then After that a new web page will appear and you have to enter your Uam Number in space provided and you have to otp Option from given alternatives and then Enter captcha code and click on validate and generate OTP .After This window will Open where you have to click Edit Udyog Aadhar and form will appear in front of you where you can change the company name.
Recommended read: Update or Correction in Udyog Aadhar : Step by Step
Is Udyog Aadhaar the same as a Shop ACT License?
Ans. No. Shop act License is a permit that is issued by state government where the business is situated. It mandatory to get shop act license within 30 days of commencing business.
To Know More About Shop act license visit this link –https://www.myonlineca.in/shopregistration.html.
Do I need a bank account for the Udyog Aadhaar registration?
Ans. Yes, when you are registering for Udyog Aadhar in India , you need to fill in bank details while you are providing details in Udyog Aadhar Form. you need to enter bank account number and Ifsc code of the bank.
udyog aadhar registration fees?
Ans. The government does not charge Any Fees on Udyog Aadhar Registration. However, You may have to pay Professional Fees if you take a service of the Legal service provider or a CA, CS and ICWA. The professional fees may be between 1000 to 5000 rs.
Conclusion
I Hope you like this article about FAQ Series on Udyog Aadhar. still, if you are confused you can check out our website to Know More about Udyog Aadhar Registration.