What is Udyog Aadhaar?
Beginning in September 2015, the Ministry of Micro, Small and Medium Enterprises of the Government of India issued Udyog Aadhaar, a twelve-digit Unique Identification Number for small and medium enterprises. It is also known as Adhaar for business.
Why is udyog aadhaar required?
The aim of implementing Udyam Registration was to make the process of registering a company as a Micro Small Medium Enterprise (MSME) easier for business owners.
What are its benefits?
It provides rebates on various taxes.
Get Cheap bank loans.
They have quick credit with low interest rates.
Get tariff subsidies and tax and capital subsidies.
Reduces the cost of doing patents.
Taxationhelp.in is here to help regarding application of Udyog Aadhar.