Lion roar v3
 

How long does it take?


2 Days

 
  1. MSME Application Preparation

    2 Working Hours

    Our representative will assist you with the entire process of MSME/UDYOG AADHAR registration. Once we receive the required documents, basic information and payment for the registration of MSME, our expert will verify the documents before proceeding further. We will prepare your online MSME application based on the information provided.

  2. MSME Application Filing

    2 Working Hours

    As soon as the application and documentation are prepared for MSME/ UDYOG AADHAR registration, our expert will file the online application along with the supporting documents to the concerned MSME state government office. We may need additional information or documents as the small scale registration process varies with each state.

  3. Application Processing

    1 Working Day

    Once the application is filed with the MSME registrar, the examiner starts processing the small scale application. During the processing period, if the state government ask for further clarification, we will help you to resolve the query.
    If the MSME application gets approved, the government will issue the provisional MSME Registration Certificate in case of the unit has not been set up yet, that is valid for five years. We shall send you the provisional certificate via mail or courier. Later, a permanent MSME certificate will be issued once you set up the unit.

 

MSME Registration Fees



 
 
 
Government Fee Rs 0
Professional Fees Rs 2,033
Goods & Service Tax Rs 366
Total Cost Rs 2,399
 

Documents Required for MSME


 
Icon id proof

Identity Proof

PAN card and Aadhar card

Id office

Registered Office Proof

NOC from the owner, latest Utility Bill and Notarized Rent Agreement/Registry Proof or House Tax Receipt

Icon bank

Bank Details

A copy of cancelled cheque bearing the pre-printed name and account number of the applicant or a copy of recent bank statement

 

What do you get


 
Icon board resolution

Memorandum

Udyog Aadhaar Memorandum issued by the MSME authority

Icon acknowledgement

Acknowledgement

An acknowledgement slip with payment details

Questions? Call us on 011-395-95858

 

Frequently Asked Questions


What is MSME registration?

MSME stands for micro small and medium enterprises. The government of India has enacted the micro, small and medium enterprises development (MSMED) Act, 2006 to boost the small businesses. Micro, small and medium enterprises in manufacturing and service sector can obtain the registration under MSME Act.

Who are eligible to obtain the MSME/SSI registration?

Any type of business entity including proprietorship, HUF, partnership, OPC, LLP, private limited company, producer company that can be classified as micro, small or medium enterprises as per MSMED Act, 2006 are eligible to apply for the MSME registration.

The enterprises are classified into micro, small and medium enterprises by their investment in plant and machinery:

In case of entities engaged in manufacturing

Type of Unit

Investment in Plant and Machinery

Micro Enterprises Not more than Rs.25 Lakhs
Small Enterprises Rs.25 Lakhs to Rs.5 Crore
Medium Enterprises Rs.5 Crore to Rs.10 Crore
 

In case of entities engaged in rendering services

Type of Unit

Investment in Equipment

Micro Enterprises Not more than Rs.10 Lakhs
Small Enterprises Rs.10 Lakhs to Rs.2 Crore
Medium Enterprises Rs.2 Crore to Rs.5 Crore

How does MSME registration help in getting a loan from the bank?

MSME certified enterprises are getting loan, credit and overdraft from the bank at subsidised rates as compared to other enterprises. The possibility of granting the loan to an MSME is much higher than any other enterprise. Also, benefits of some special schemes are provided only to recognised MSMEs.

What are the benefits of MSME registration?

The enterprises register MSME to avail the benefits of:

  • Bank loan at subsidised rate
  • Tax rebates
  • Easy access to credit
  • Excise exemption scheme
  • Power tariff subsidies
  • Capital investment subsidies
  • Tender preferences
  • Access to mudra loan scheme

Is MSME registration mandatory?

As per the MSMED Act, the MSME registration is a voluntary registration. But it is advisable to register under MSME Act that provides a host of benefits and access to schemes. The purpose of MSME / UDYOG AADHAR registration is to avail the benefits and subsidies provided by the government.

What are the different types of MSME?

The act divided the MSMEs into two categories:

  • Service enterprises engaged in manufacture or production, processing or prevention of goods
  • Service enterprises engaged in providing or rendering of services

The enterprises are further sub-divided into Micro, Small and Medium enterprises based on their investment in plant and machinery.

What is the validity period of the MSME registration certificate?

There are two types of MSME enterprise registration certificate. Initially, provisional registration certificate will issue which is valid for 5 years. After commencement of operations, a permanent registration certificate will issue.

For how long MSME Certificate valid?

The provisional MSME registration certificate is valid for five years. As soon as you set up the business unit, you can apply for the permanent license. The permanent registration certificate is valid for a lifetime period. But, if you are unable to set up the unit within five years or the unit exceed the investment limit then you may re-apply for the MSME registration.

When to apply for MSME?

MSME registration is at the own discretion of the business owner. However, it is advisable to obtain MSME registration right after the incorporation in order to access the subsidies and schemes.

Is there any provision for getting a composite loan by banks?

A composite loan with a limit of Rs.1 crore can be granted by the scheduled commercial banks to MSMEs to avail the working capital and term loan requirement to avoid the delay in commencement of commercial production.

What factors are not counted as an investment?

For manufacturing unit, the cost of plant and machinery above Rs.25 crore and for service unit above Rs. 10 crores are not counted as an investment. While calculating the investment value, land and building will not be counted as investment. Also, depreciation will not be deducted from the cost of plant and machinery. The original value will be taken into consideration.

What are the various schemes offered under MSME registration?

MSME registration offers the several schemes to promote the small businesses:

  • Priority sector lending
  • Credit linked capital subsidy scheme
  • Credit guarantee fund trust for micro and small enterprises
  • Procurement for raw materials and marketing activities
  • Excise exemption scheme
  • Reservation

Also, there are certain facilities and subsidies including tax subsidies, power tariffs subsidies, a capital investment which are available to only registered MSMEs.

What is Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)?

CGTMSE is a scheme available for registered MSMEs. Under this scheme, banks offer the finance with the limit or Rs.100 lakhs without any collateral security. Every bank recognised under MSME Act has separate targets for financing MSMEs.

What is Micro & Small Enterprises Cluster Development Programme (MSE-CDP)?

The government adopted the cluster development approach to enhance the production and competition as well as capacity building of MSMEs. Clustering of units enables the service providers to provide the services more economically.

Does one have to present physically to obtain the MSME registration?

No, the whole MSME enterprise registration process is online. You can send the scanned copy of all the required incorporation documents via e-mail. All the forms and documents are filed electronically and even signed digitally. The online MSME/SSI registration makes the process more easier.

What is the need for the MSME/ SSI registration?

Obtaining the MSME/ SSI registration is not mandatory but it's a preferable alternative to reap the advantages available to micro, small and medium scale enterprises.

  • Banks have created special schemes for MSME/SSI and make available collateral free loans.
  • Every enterprises with MSME/SSI registration can avail the exemption under direct tax in the initial year of the business.
  • Enterprises that have MSME/SSI registration certificate can avail the concession on electricity bills.
  • Excise exemption scheme