MSME Registration

Starting at : ₹999 (all inclusive)
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Overview Advantages Registration Process Required documents FAQ's

MSME Registration

MSME i.e. micro, small and medium enterprises and any enterprise are considered as the backbone of any economy. So, to support and promote MSMEs, MSMED Act was enacted. Now, to avail the benefits under the Act, MSME Registration is required.

Both the manufacturing and service sector can obtain MSME Registration. It is also known as Udyog Aadhar. Although the MSME registration is not compulsory but to avail a range of benefits like eligibility for lower rates of interest, excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies and other support, registration is advisable. It can be obtain any time at the discretion of owner but it is generally advised to take it immediately after incorporation of your enterprise. We at Legal Suvidha will help you in getting MSME registration.

Advantages of MSME Registration

LOW-INTEREST RATES MSME registration ensures cheaper bank loans. The interest rates are much lower than interest on regular loans.
TAX BENEFITS & SUBSIDIES Various tax benefits & subsidies are also offered like tax rebates to MSME.
GOVERNMENT TENDERS Many government tenders are only open to the MSME Industries.
PREFERENCE Businesses with MSME registration are generally preferred for government license and certification.

MSME Registration Registration Process

Documents required for MSME Registration

1. Business Address Proof

2. Copies of Sale Bill and Purchase Bill

3. Partnership Deed/ MoA and AoA

4. Copy of Licenses and Bills of Machinery Purchased

5. ID Proof (PAN card and Aadhar) of the owner/director/partner

Frequently Asked Questions

The provisional MSME registration certificate is valid for five years.

As per the MSMED Act, the MSME registration is voluntary.

Any type of business entity such as proprietorships, HUFs, partnerships, OPCs, LLPs or private limited companies can apply for MSME Registration.

Commercial banks can grant composite loans within a limit of INR 1 Crore.

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