MSME registration services
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At K. M. Gatecha & Co. LLP, we offer our clients the complete array of MSME registration services for their convenience.
MSME registration services
MSME registration services in India
- What is termed as a MSME (Micro, Small and Medium Enterprise)?
- Any person, Hindu Undivided Family, Partnership or Company is eligible for MSME registration if its,
- Machinery investment is less than: –
- For Micro: – INR 1 Crore,
- For Small: – INR 10 Crores,
- For Medium: – INR 50 Crores.
- And Annual turnover is less than: –
- For Micro: – INR 5 Crore,
- For Small: – INR 50 Crore,
- For Medium: – INR 250 Crore.
- Machinery investment is less than: –
- Any person, Hindu Undivided Family, Partnership or Company is eligible for MSME registration if its,
- Who should and how to apply for MSME/ Udyog Aadhar?
- Any person who is conducting business and fulfilling the above conditions should apply for MSME/Udyog Aadhar certificate as it has many benefits which will be given below.
- Process
- Filling up of Application Form,
- Personal details to be submitted,
- Processing of application by Authorities,
- Certificate is mailed to the applier after the process is completed.
- Documents Required for MSME registration: –
- Aadhar Card,
- Personal PAN card,
- Company PAN card (not required in case of proprietorship firm).
- Benefits of MSME/Udyog Aadhar Certificate: –
- MSMEs can avail of lower interest rate loans from banks under the MSME scheme,
- Collateral-free loans can be availed by MSMEs under credit guarantee fund scheme (CGS) for micro and small enterprises,
- Easier to get licenses and registrations for your business based on MSME certificate,
- Special consideration is given to MSME for participation in international trade fairs, exhibitions and buyer-seller meets,
- Subsidized prices for various registrations such as,
- Barcode registration,
- NSIC performance and credit ratings,
- Industrial promotion subsidy,
- ISO certification,
- Electricity bills,
- For Government tenders, the following benefits are given to MSMEs,
- Tender sets can be issued free of cost,
- Exemption from paying earnest money,
- Security deposit is waived up to a certain limit.
- And many more.
- To summarize a MSME certificate is a hassle-free and efficient registration to avail of many benefits and eases the requirements for doing business.
FAQS on Goverment registration services
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