In this Article at Myonlineca, we will tell you about Is MSME Registration/SSI registration now converted to Udyog Aadhar which Clear the Confusion People Have when They try to register There Small and Medium Enterprises in India.
India is progressing in the country and many schemes are being set up by the Indian government for the citizens of the country. One of the very plans is the Udyog Aadhar, under which we can register our industries from the small scale industry to the middle class and take advantage of the government’s plans. This scheme is for the citizens of the country who have started their own business or are planning to start. In the Udyog Aadhar, ordinary people can also register in a very simple way, they also pay no fees.
What is Udyog Aadhar?
Udyog Aadhar is only an administration enlistment that is furnished alongside an acknowledgment endorsement and a unique number with a specific end goal to guarantee certification for small and medium enterprises. The focal rationale behind the dispatch of this facility was to offer a path to the legislature to give the greatest advantages to medium or small scale organizations or enterprises in India, who are enlisted by means of MSME through their Aadhar Card Number. The proprietor, entrepreneur or owner of the business will give his/her 12-digit Aadhar Number, regardless of whether the venture or substance is a sole proprietor, an LLP, a Private constrained organization or whatever else. It ought to have the acknowledgment testament or certification given by means of the MSME registration process.
Objectives of the Udyog Aadhar
- Simplifying the registration process
One of the main objectives of the Udyog Aadhar scheme is to carry forward the small and micro industries in a legal way. The first registration process was very big and complicated. Therefore, the small and middle businessmen of our country ran away from this process. But now you can easily register your business under the Udyog Aadhar Scheme.even you can open a current bank account on the udyog aadhar certificate.
- Unemployment Control
By promoting small and micro enterprises, people will be more interested in starting their own business, which will increase the chances of getting new startups (new business). Not only this, the unemployed in the country will be reduced and people will get new opportunities.
- Increasing competition for companies
This time the government is bent on promoting trade because it can be good for the country. The more the industries in our country, the more prospects of the country’s economic growth will increase. Along with this, thinking ahead of each other among companies will benefit the country.
Is MSME/SSI registration now converted to Udyog Aadhar?
MSME or SSI Registration Was earlier process of Registration For Micro, Small And Medium enterprises where The Small and Medium Business use to register themselves using National Portal or State portal, The Process was very hard and there was a lot of Paperwork involved, in some States the process of registration was online and some it was through manual medium and the entrepreneur or Business owner have to Fill two forms know Entrepreneur Memorandum Which was in two type That is EM-1 And EM-2. So In 2015 Udyog Aadhar was launched to make the registration process simple for Small and Medium Enterprises as Udyog aadhar is done completely online, It Is a single Page Registration that can be easily filled by the applicant,It requires only Aadhar card as legal Document and Now MSME And SSI Registration are converted into Udyog Aadhar registration.
I hope you like this article about Is MSME/SSI registration now converted to Udyog Aadhar. still, if you are confused you can check out our website to register your Udyog Aadhar registration.