MSME Registration


Our Mission Is To Associate With Professionals And Support All Services Under One Roof !!

Rs. Onwards *All Inclusive (Fees & Taxes)*

Loan Subsidy on Bank Loan
Startup Benefits
Rebate in Govt fees for Msme holdes
Free Consultancy
Patent fees concession

MSME Registration

1
1

Provide Documents

2
2

Preparation of drafts

3
3

Proceed for approval

4
4

Applied to authority

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5

Receive MSME certificate

Requirements

 Definitions of Micro, Small & Medium Enterprises In accordance with the provision of Micro, Small & Medium Enterprises Development       (MSMED)  Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:

 - Manufacturing Enterprises-he enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first     schedule to the industries (Development Regulation) Act, 1951) or employing plant and machinery in the process of value addition to the final     product having a distinct name or character or use. The Manufacturing Enterprise is defined in terms of investment in Plant & Machinery.

- Service Enterprises:-The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment...

Documents

DESIGNATED COMPANY

As per revised definition of MSME, for Manufacturing Sector and Service Sector:

Enterprises        Invtestment  +     Turnover

Micro Enterprises       <Rs.1 Crore       <Rs.5Crores

Small Enterprises      <Rs.10 Crores    <Rs. 50 Crores

Medium Enterprises   <Rs. 20 Crores   <Rs. 100 Crores

PLACE OF REGISTRATION OR OPERATIONS

Documents of Proprietor

 

 

- Colored Photo of Proprietor

- Aadhar Card of Proprietor

- Mobile Number of Proprietor

- Email ID of Proprietor

Note: All documents can be uploaded/send through website or through Email & What's App.

Documents for Business Place

Case A: Premises/building owned by proprietor:

- Electricity Bill / Property Tax Receipt/Sale Deed

- NOC (No Objection Certificate)/Consent Letter

Case B: Premises/building on Rent/Lease:

- Electricity Bill / Property Tax Receipt

- Rent Agreement / Lease Deed

Basic Features of MSME Registration

BANK LOANS

The Government of India has made collateral-free credit available to all small and micro business sectors. This initiative guarantees funds to micro and small sector enterprises. Under this scheme, both the old as well as the new enterprises can claim the benefits. A trust named The Credit Guarantee Trust Fund Scheme was introduced by the GOI(Government Of India), SIDBI(Small Industries Development Bank Of India) and the Ministry of Micro, Small and Medium Enterprise to make sure this scheme is implemented (Credit Guarantee Scheme) for all Micro and Small Enterprise.

PROTECTION AGAINST PAYMENTS

At times, the buyers of services or products from the MSME’s or SSIs tend to delay the payment. The Ministry of Micro, Small and Medium Enterprise lend a helping hand to such enterprises by giving them the right to collect interest on the payments that are delayed from the buyer’s side. The settlement of such disputes must be done in minimum time through conciliation and arbitration.

"MAKE IN INDIA" POSSIBLE

Post the inception of ‘Make in India’, a signature initiative by the prime minister of India, the process of incorporating a new business has been made easy. Since the MSME is the backbone in making this dream a possibility, the government has directed the financial institution to lend more credit to enterprises in the MSME sector.

CHEAP LABOR AND MINIMUM OVERHEAD

In large scale organizations, one of the key challenges is to retain human resource through effective human resource management professional manager. But in case of an MSME, the requirement of labor is less, and it does not need a highly skilled laborer

ECONOMIC STABILITY

MSME is a significant growth driver in India, with it contributing to the tune of 8% to GDP. As mentioned in the table, Exports sector in India constitutes about 40% of the contribution from MSME alone.

ENCOURAGES INCLUSIVE GROWTH

About 50% of the wealth in India is owned by just 100 people which is due to the unequal distribution of wealth. Inclusive growth is on top of the agenda of Ministry for Medium, and Small, and Medium-sized enterprises for several years.

Important Notes

A Technology Mission will be established with a view to assisting micro, small and medium enterprises (MSMEs) in technology up gradation, energy conservation and pollution mitigation.