Extension of Udyog Aadhaar Memorandum (UAM) Validity

Businesses that are currently functioning under the MSME category can continue to use their Udyog Aadhaar Memorandum (UAM) registrations. The Ministry of MSME has announced the extension of Udyog Aadhaar Memorandum (UAM) validity up to 31st March 2022. This decision is made to help UAM holders to avail benefits of the provisions under various existing schemes and incentives including Priority Sector Lending benefits of MSME. For more details on MSME Registration Benefits in India, Click here

Synopsis of MSME Notification

Ministry of Micro, Small and Medium Enterprises (MSME), vide Gazette Notification no. S.O.278E dated 19.01.2022 has issued an amendment to the original Notification number S.O. 2119 (E), dated the 26th June 2020

Through this notification, Ministry has provided an amendment in Para 7 which deals with the Registration of existing enterprises.
MSME announced that the existing enterprises registered before 30th June 2020, shall continue to be valid only for a period up to the 31^st March 2022. Previously the last day of validity was extended from 31st of March, 2021 to December 31, 2021.

The Ministry of MSME notification pertaining to the Extension of Udyog Aadhaar Memorandum (UAM) Validity is as follows:

Earlier Notification - New system of Udyam Registration

As mentioned above Last year on June 26, the MSME issued a Notification number S.O. 2119 (E) changing the definition of MSMEs and introducing a new process for the registration of MSME i.e. Udyam Registration. As per this notification 2119(E), the ministry has classified the entity as Micro, Small, and Medium based on the investment in plant and machinery or equipment, and any person who intends to establish an MSME needs to file Udyam Registration online in the Udyam Registration portal. The notification also deals with the following procedures:

Composite criteria of investment and turnover for classification
Calculation of investment in plant and machinery or equipment
Calculation of turnover
Udyam MSME Registration process
Registration of existing enterprises
Updating of information and transition period in Udyam Portal
Facilitation and grievance redressal of enterprises

As per notification 2119(E), the existing MSME registration (Udyog Aadhaar Number (UAN) or EM would become invalid after March 31, 2021. Further, the ministry announced that it is expected that existing EM Part-II and UAM holders would be able to migrate to the new system of Udyam Registration that was launched on July 1, 2020, and would avail the benefits of government schemes Know more about the Procedure and criteria for MSME Classification and Udyam Registration

Note on UAM and Udyam Registration

Understand the following terms before knowing about the MSME Extension of Udyog Aadhaar Memorandum(UAM) Validity

Udyog Aadhaar Memorandum (UAM)

Udyog Aadhaar Memorandum (UAM) is a single-page registration that is equivalent to the previous 11 forms protocol for self-certification of the MSMEs. UAM constitutes a self-declaration format under which the MSME will self-certify its existence, details of bank account, promoter/owner’s Aadhaar details, and other minimum information.

Udyam Registration

Any entrepreneur who intends to establish an MSME will have to file Udyam Registration online in the Udyam Registration Portal, on registration, an enterprise (Udyam) will be assigned with a Udyam Registration Number and Udyam Registration Certificate. This UAN is an identifier that can be used in applications of all MSME schemes