Salient Features and Benefits of UDYOG Aadhaar
Salient Features of Udyog Aadhaar
• Registration is on line instead of personal filling. It is just a click job.
• UAM can be filed by self-declaration on the details of the enterprise.
• The details required for filing for registration: Personal Aadhaar number, Industry name, Address, Bank details, and some common information.
• One can file more than one Udyog Aadhaar with same Aadhaar Number.
• No Fee for filing.
• Once filled and uploaded, the registration number is received in the mail-id provided.
Benefits of Udyog Aadhaar Registration
• The enterprise would be eligible for all government scheme benefits like without guarantee loan, easy loan, loan with low rate of interest.
• The MSME registered enterprises get the financial support from the Government to participate in foreign expo.
• The enterprise is also entitled for the Government subsidies.
• Credit Guarantee scheme
• Excise exemption
• Exemption under direct tax laws
• Interest on Delayed Payments Act which is thrice of the rate stipulated by RBI for the time being
• Other Subsidies from State Governments as extended credit facilities, Industrial extension support and services, Assistance in marketing (both within the country and outside)
• Assistance for construction of industries in underdeveloped areas, Technical consultancy, assistance in capital, and so on, for enhancement of technology in MSME’s
