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MSME Registration

Overview

To avail the benefits under the MSME Act from the Central or State Government and the Banking Sector, MSME Registration is needed. MSME stands for micro, small and medium enterprises and any business that comes under any of these three categories. The Micro, Small, and Medium Enterprises (MSME) area has appeared as an extremely active and productive sector of the Indian economy over the last five decades.

Our Process

Step 1

Discussion and collecting required documents

Step 2

Submit Documents

Step 3

Verification of documents

Step 4

Application for MSME Registration

Step 5

MSME Certificate Issued

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Benefits

Subsidized rates of loan

Loan support to the Micro, Small, and Medium industries is promoted by the government through -distinctly prescribed norms. The registered entity would be able to get their loans passed at a lower rate of interest and with much ease due to the subsidized rates offered to MSME registrants.

Avail 50% rebate on TM application

Government fees on Trademark Application for entities such as Company, Partnership Firm, and LLP are higher compared to individual and proprietorship firms. These entities may claim a 50% rebate on the government fees by submission of the MSME registration certificate. Similarly, there's a rebate prescribed in Patent registration also.

Protection against Delayed payment of Buyers

The owner of a sole proprietorship isn't required to file a separate business tax report. The business is going to be taxed at the rates applied to non-public income, and not corporate tax rates. this means huge tax savings.

Credit Guarantee Scheme

This is also known as Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE). it's more supportive to small scale industries that provide the credit and income input from various sources to support industries that are under struggle.

Documents Required

ADHAAR card of the Applicant (Proprietor/ Partner / Director)

Name of Applicant

Business Name

Type of Business Entity

Address of the Plant

Address of the Office

Date of Commencement of the Business

Bank Details (Account No. and IFSC code)

Business Activity Details

Number of employees

Investment in Plant and Machinery and Equipment

Photo and Id Proof of Applicant

Mobile No. of Applicant (Linked with ADHAAR)

Email Id for OTP Verification

Clear All Your Doubts !

Which entities are eligible for registration under MSME / UDYAM?

The manufacturing and service industry can obtain MSME / UDYAM online registration subject to provided classification. Further, the enterprise can only be registered if the concerned activities are included under the classification provided for the registration purpose.

Which activities are excluded from the registration?

With notification issued dated 27.06.2017, the ministry has excluded activities of wholesale or retail trading; Fishing and aquaculture; Forestry and logging; and more. Business entities engaged solely in activities falling under such categories cannot make an application for registration.

Whether MSME / UDYAM registration is mandatory for all entities?

No, this is a voluntary registration and not compulsory. The entities obtain registration due to benefits and subsidies that are granted by the government in this regard

Whether Aadhar card is mandatory for the registration?

Yes, the Aadhar card of the applicant is mandatory for udhyog aadhar registration. In case, the applicant is other than a proprietor, the Aadhar card of company’s director or LLP’s partner is required.

Do I receive an MSME / UDYAM registration certificate?

Yes, the certificate is provided in a soft copy by the Government on the registered email id of the applicant or entity. The certificate is available on the Udyog Aadhar portal and can be downloaded with help of the applicant’s Aadhar number.

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