MSME Registration

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MSME Registration

MSME stands for micro, small and medium enterprises.  Any enterprise that falls under any of these three categories can apply for registration that falls under the MSMED Act. The act facilitates promotion and development of enterprises and improves its functioning. Any type of entity such as proprietorship enterprises, enterprises managed by Hindu undivided family, enterprises run by association of individuals, co-operative societies, partnership firms and enterprises managed by companies or undertakings etc. can apply for MSME registration. After the registration, an enterprise becomes eligible to get the benefits under the MSMED Act.

There are two stages of registration namely provincial and permanent (final). At the pre investment stage an enterprise is granted a provincial registration. After getting provincially registered, an enterprise can apply for permanent registration just before launching its production facilities. However, an enterprise that is already operating need not have to apply for provincial registration as it is eligible to apply for permanent registration. Enterprises are further categorized into two types of industries- manufacturing industry and service industry. The status of an enterprise under the MSMED Act is determined according to the investment slab under which an enterprise falls.

Pricing Table

  • 2199 (all inclusive)
    Starter
  • MSME udyogaadhar Registration.
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  • 3599 (all inclusive)
    Professional
  • MSME Udyogaadhar Registration
  • and TAN.
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  • 7599 (all inclusive)
    Elite
  • MSME udyogaadhar Registration,
  • TAN
  • and Free one year TDS Return Filing.
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ADVANTAGES OF A MSME Registration

KEY FACTS & REQUIREMENT :

  • Eligibility criteria: If you want to Registered under the MSME Registration you should comply either of the one criteria:

- In case of Manufacturing sector investment should be less than Rs.10 crores in plant & machinery.

- In case of service Enterprises investment should be less than Rs.5 crores in plant & machinery.

 

  • Micro Enterprises A Micro Enterprise in the manufacturing sector is an enterprise in which investment in plant and machinery should be less than Rs. 25 lakhs. A Micro Enterprise in the service sector is an enterprise in which investment in Plant and machinery should be less than Rs. 10  lakhs.

 

  • Small Enterprise A Small Enterprise in the manufacturing sector is an enterprise in which  investment in plant and machinery is more than Rs. 25 lakhs but not exceeding Rs. 5 crores. A Small Enterprise in the service sector is an enterprise in which investment in plant and machinery is more than Rs. 10 lakhs but not exceeding Rs. 2 crores.

 

  • Medium Enterprise A Medium Enterprise in the manufacturing sector is an enterprise in which investment in plant and machinery is more than Rs. 5 crores but not exceeding Rs. 10 crores.. A Medium Enterprise in the service sector is an enterprise in which investment in plant and machinery is more than Rs. 2 crores but not exceeding Rs. 5 crores .

MSME Registration PROCESS

 

Application Preparation

wewill get ready your MSME Application.

 

Application Processing

when your application will be ready for submission, our Expert will submit the same to MSME department.

 

MSME Registration

Government official will process the same and intimate us if there is any further requirement and after completion of process we will get the Registration certificate.

FAQs on MSME Registration

: What is MSME Registration?

MSME Registration is an optional Registration under the MSMED Act that provides Micro, Small and medium sized enterprises with a host of benefits such as interest rate concessions, tax benefits and access to a range of subsidies and schemes, aimed at developing MSMEs.

: Who can obtain MSME Registration?

MSME Registration can be obtained by business in the manufacturing or service sector. To be classified as a MSME, Enterprises in the Manufacturing sector need to have less than Rs.10 crores of investment in plant & machinery; service Enterprises must have an investment of less than Rs.5 crores of investment in plant & machinery.

: What are the documents required for MSME registration?

To obtain MSME registration, proof of address of business, proof of identity of the promoters and constitution of the business (Partnership deed, Incorporation Certificate, etc) is required. Additional documents may be required based on the State in which the MSME Registration is sought.

: What are some of the benefits of MSME Registration?

MSME Registration has a range of benefits implemented as subsidies, schemes and incentives. Enterprises registered with the MSMED Act enjoy interest rate concession and their borrowing is classified under Priority Sector Lending. Some of them include, subsidy for ISO registration, subsidy for obtaining International patents, subsidy for participating in tradeshow, subsidy for implementing barcode on Products, etc.

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