How To Apply For Udyam Aadhar Registrations In Assam?
Assamese small and medium-sized company owners are aware of Udyam Aadhar Registration. This program is a part of the government’s small business development program. It facilitates entrepreneurs’ easy access to resources, finance, and incentives. However, what is the actual application process? We’ll take you step-by-step through the Assamese Udyam Aadhar Registration process in this blog. You can quickly finish it and get the benefits for your company.
What is Udyam Aadhar Registration?
Udyam Aadhar Registration is a government initiative. Its purpose is to make micro, small, and MSMEs registration easier. You will get a unique identification number when you register your business under Udyam Aadhar. You can now access government programs, funding, and other MSMEs-only incentives.
Why is Udyam Aadhar Registration Important?
Reasons why this registration is important are listed below.
Access to Loans
You will become eligible for easier access to loans and financial help.
Government Schemes
Registration makes you eligible for several government subsidies. These schemes target MSMEs.
Recognition
It provides recognition to your business as an MSME. It improves your credibility in the market.
Tax Benefits
Udyam Aadhar Registration can help you avail of certain tax exemptions and rebates.
Who Needs Udyam Aadhar Registration?
- Udyam Aadhar Registration will benefit small or medium businessmen in Assam. The process is simple and open to various types of businesses. It includes manufacturing units, service providers, and traders.
Steps to Apply for Udyam Aadhar Registration in Assam
The registration process for Udyam Aadhar is straightforward. You can do it online with no trouble. Here’s how you can apply for Udyam Aadhar Registration in Assam-
Step 1. Keep the Important Documents
You should have the below mentioned documents ready.
⦁ Aadhar Card– Your Aadhar card details are necessary for the registration process.
⦁ PAN Card– A PAN card is necessary for your business.
⦁ Business Details– This includes details about your business. It includes the type of business and the number of employees. It also includes the investment in plant and machinery or equipment.
⦁ Bank Details– Details of your business bank account will be needed to complete the registration. If these documents are ready, it will save you time.
Step 2. Visit the Udyam Aadhar Portal
Visit the official Udyam Aadhar website. This is the government’s MSME registration portal. Here you can complete the application form.
Step 3. Sign in or Create an Account
Log in if you are already registered on the portal.
You must register if you are a new user. Enter your contact number and email address. You’ll get an OTP by email or mobile number after creating an account. Enter OTP to confirm your information and continue.
Step 4. Fill in the Udyam Aadhar Application Form
After log in, start filling in the application form. You have to fill the below mentioned points.
Aadhar Number
Enter the 12-digit Aadhar number linked to your name.
Business Details
⦁ Enter the name of your business
⦁ Type of business (manufacturing, services, etc.)
⦁ Address.
PAN Details
Enter your business PAN number (if available).
Investment and Turnover
Provide details about the investment in plant and machinery. Also mention the annual turnover.
Bank Details
You’ll need to enter your business bank account details for verification.
Step 5. Submit the Application
After filling all the details, check the form for correctness. Submit the form if everything is right. The system will process your application. You will get an email and message indicating that everything is in order.
Step 6. Receive Udyam Aadhar Number
After successful registration, you will receive an Udyam Registration Number. It acts as your MSME certificate. This number will be emailed to you. It will also be available for download from the portal.
Step 7. Print Your Registration Certificate
After your registration is confirmed, you can print your Udyam Aadhar Certificate. This certificate will be required when applying for government schemes. You can also apply for loans, or any other MSME-related benefits.
Things to Keep in Mind
There are few things you should remember while registering on the Udyam Aadhar portal.
⦁ No Need for Documents Upload
Unlike the older system, Udyam Aadhar Registration doesn’t require uploading any documents. The process is based on self-declaration, which makes it faster and easier.
⦁ Free Registration
The registration is free of cost, so there’s no need to pay any fees to the government.
⦁ Automatic Updation
You can update your details online, if there are any changes in you business information.
Common Mistakes to Avoid
Avoid the below mentioned common mistakes. It will ensure your Udyam Aadhar Registration goes smoothly.
⦁ Incorrect Aadhar Number
Ensure that your Aadhar details match the information in the system to avoid delays.
⦁ Wrong PAN Details
Double-check that your PAN number is entered correctly.
⦁ Incomplete Information
Make sure all sections of the form are filled out correctly. Also check the investment and turnover details.
⦁ Not Updating Details
If there’s a change in your business’s financial situation or structure, update your details online.
What Happens After Udyam Aadhar Registration?
You’ll be able to access various benefits and schemes designed for MSMEs. The benefits and schemes are mentioned below.
Credit Guarantee Fund Scheme
You can access easy loans under this scheme.
Government Tenders
Udyam Registration can help you qualify for government tenders reserved for MSMEs.
Subsidies and Tax Benefits
You’re eligible for various subsidies, tax exemptions, and rebates under government schemes.
Why Should You Get Udyam Aadhar Registration in Assam?
If you’re still wondering whether you should register, here’s the reason:
Business Growth
It opens doors for financial aid. It will make your business grow and expand easily.
Competitive Advantage
It enhances your business credibility. It allows you to compete effectively in your industry.
Government Support
The government provides special schemes to help MSMEs. Registration makes you eligible for these programs.
Conclusion
In Assam, small and medium-sized businesses must register in Udyam Aadhar. Small and medium-sized business owners can grow, get government support, and improve their image. Registration is quick, simple, and cost-free. New opportunities will appear for your company.
Now that you know how to apply, it’s time to take action. Make sure you’re making the most of the government schemes and support available to you.
