MSME REGISTRATION
Claim Your Access to Subsidies as an Entrepreneur
Over the last few decades, Micro, Small and Medium Enterprises (MSME) has been a growing sector contributing significantly to the Indian economy. Interchangeably called as Small-Scale Industries (SSI), the registration is not statutory. However, to promote these small-scale industries, the Government has started various schemes and incentives. To avail such incentives, MSME registration is mandatory.
Criteria:
MSMEs are classified into two categories – Manufacturing enterprise & Service Enterprise. Only those entities who are classified as per the table below, are eligible for registration.
| Classification | Manufacturing Sector | Service Sector |
|---|---|---|
| Micro Enterprise | Up to Rs. 25 lakhs investment in plant & machinery | Up to Rs. 10 lakhs investment in equipment |
| Small Enterprise | More than Rs. 25 Lakhs Up to Rs.5 crore investment in plant & machinery | More than Rs. 10 Lakhs Up to Rs.2 crores investment in equipment |
| Medium Enterprise | More than Rs. 5 Crores Up to Rs.10 crore investment in plant & machinery | More than Rs. 2 Crores Up to Rs.5 crores investment in equipment |
ADVANTAGES OF MSME REGISTRATION:
Easy access to schemes and bank Loan without collateral / mortgage.
Lower interest rates and tax rebates available.
Fast resolution of disputes.
50% discount on Govt. fees for Trademark & Patent.
Opportunity for business growth.
DOCUMENTS REQUIRED:
Proprietorship Firm:
Applicant Aadhar card
PAN card
Shop Act License
Address proof of Firm
LLP & Partnership Firm:
Partners Aadhar Card
Firm PAN card
LLP Agreement/ Partnership deed
Firm Address Proof
Pvt. Ltd. /Public Ltd./OPC:
Directors Aadhar Card
Company PAN card
MOA, AOA & Incorporation Certificate
Company Address Proof
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