How to Register an Udyam (formerly Udyog Aadhaar) in India

Introduction

Starting a business in India requires adherence to certain formalities and regulations. One such essential step is registering your business through the Udyam Registration process. This guide will provide all the necessary information about the documents required and the registration process to help you get started.

Documents Required for Udyam Registration

Aadhaar Card: In case of an individual or partnership, the individual holding the business must have a valid Aadhaar number. For a company, the Aadhaar of the authorized signatory is required. Business Name: Use the name under which the business is registered or operates. Business Address: The official registered address of the business. Type of Business: The category of the business entity (e.g., sole proprietorship, partnership, company). Bank Account Details: Information about the bank account, including the account number and IFSC code. Investment Details: Information on the investment in plant and machinery or equipment. Provide estimates of your total investment. Employment Details: The number of employees in the business. Other Relevant Documents: Depending on the type of business, additional documents may be required: Partnership Deed for partnerships. Certificate of Incorporation for companies. Goods and Services Tax (GST) Registration Certificate, if applicable.

Note: The term Udyog Aadhaar has now changed to Udyam Registration.

Process for Udyam Registration

The registration process primarily takes place online through the Udyam Registration portal. Self-declaration plays a crucial role in the application process, and no physical documents need to be submitted during the initial registration.

Online Application

1. Navigate to the official Udyam Registration portal.

Self-Declaration

2. Fill out the application form based on self-declaration. No documents need to be uploaded at this stage.

Acknowledgment

3. Upon submission, you will receive an acknowledgment. This acknowledgment serves as proof of registration.

Documents Required for Udyam Registration

Aadhar Card of Director/ Partners/Karta PAN Card Details of Business Bank Statement Past Income Tax Return Statement

It is important to note that the registration process now involves limited documentation, as the Aadhaar with a mobile number is sufficient for many small businesses. The mobile verification through Aadhaar acts as a significant step in the registration process.

Conclusion

Starting a business in India through the Udyam Registration process is a streamlined procedure. By following the above guidelines and leveraging the Udyam Registration portal, you can efficiently register your business and comply with necessary formalities.

Additional Resources

Official Udyam Registration Website Udyam Registration Guidelines Udyam Registration Process Article