MSME Registration starting from ₹ 659*

To put it very simple, business entities with investment less than Rs 50 crores and Annual turnover less than Rs 250 crores can register under the Micro Small and Medium Enterprises scheme as defined under MSME Development Act 2006. However, this registration is purely voluntary in the opinion of the business entity to avail numerous benefits declared by the government under this scheme.


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How it works

1 Register

Fill all the required information requested in the registration form.

2 Expect a call from us

Once we receive quote request, our experts will get in touch with you immediately.

3 Service Delivery

After the discussion and submission of required documents, service will delivered. Time of delivery may differ based on the service.

Benefits

Benefits that are yielded by choosing this service are numerous as mentioned below

Collateral-Free Automatic Loans

Covered under Govt. guarantee with no fee. Scheme available till 31st Oct, 2020.

Easy listing at stock exchanges

Govt. encourages MSMEs to get listed on main board of Stock Exchanges.

Special Preference

Special preference by Indian Government in buying from Micro and Small businesses through Govt.tenders. And also preference given for government licenses and certifications.

Concession on interest rate on Bank Overdraft (OD)

MSME Registered entities can avail benefit of 1% exemption on interest rate on overdraft (OD).

Concession in Electricity bills

Upon application to electricity department, enterprises that have MSME Registration Certificate can avail concession on electricity bills.

MAT credit carried forward benefit

MAT credit can be carried forward for additional 5 years.

One time settlement

For non-paid amounts of MSME, there is a one time settlement fee allowed.

Safeguarding against the delay in receivables.

Maximum period for receivables shall not exceed 45 days, in case of delay, the buyer is liable to pay along with interest at 3 times of the bank rate

50% discount on Govt. fees for Trademark & Patent

MSME registered Enterprises can avail 50% subsidy in government fees for patent & trademark registration.

Quick resolution of disputes

Registered Enterprises undergoing a dispute for payments can refer to the MSME Facilitation Council for conciliation & arbitration for quick resolution.

Documents Required

List of Documents that are required to proceed with this service package are

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PAN and Aadhaar card

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MOA, AOA & Incorporation Certificate

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LLP Agreement/ Partnership deed

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Shop Act / Ghumasta License

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Address proof of business entity - lease deed, property tax receipt

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Copies of Sales and purchase bills

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Copy of Licenses and Machinery bills

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Bank account number and IFSC

Frequently Asked Questions

List of typical questions that you might ask regarding this particular service are

MSME stands for Micro Small and Medium Enterprisesas defined under MSME development Act 2006. Business entities are registered under MSME development Act for availing SME benefits offered.

Yes, more than one industry registeration is also possible in MSME.

There is no difference between MSME, SSI & Udyog Aadhar, all three are the same .

Business entities registered under MSMEs will get prioritised by financial institution when it comes for lending. This increases the possibility of avaling the loans at a concessional rate. Also some relaxations and support will be provided incase of delay in repayment.

To put it very simple, business entities with investment less than Rs 50 crores and Annual turnover less than Rs 250 crores can register under the existing scheme and avail the benefits.

Udyog memorandum, Zero defect Zero effect, Quality management & Quality technology tools, Grievance monitoring system, Incubation, Credit linked capital subsidy scheme, Women entrepreneurship

MSME benefits are availed upon registration only for manufacturing and service industries. Trading entities cannot avail any benefits upon registration.

Instant credit facilities, Quick Tax subsidies, Subsidies for power tariffs, Subsidies under Capital investment scheme

Forest and Logging, Fishing and aquaculture, Wholesale, retail trade and repair of motor vehicle and motorcycles, Wholesale trade except for motor vehicles and motorcycles, Retail Trade Except of Motor Vehicles and motor cycles, Activities of households as employees for domestic personnel, Undifferentiated goods and services producing activities of private households for own, Activities of extraterritorial organisations and bodies

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