MSME Registration
Prices Starting from INR 2499/- only.
Timeline – 1 Working day
(No Hidden Cost)
What is MSME?
Micro, Small and Medium Enterprises (MSME) it helps growth & promotion of organisation through numerous benefits & schemes.
When to register for MSME?
If somebody wishes to avail benefits from State or Central Government and the Banking Segment then Micro, Small and Medium Enterprises (MSME) Registration is essential.
Who Monitors MSME Registration?
It is governed by MSME Act 2006 in India under the Ministry of Micro, Small and Medium Enterprises
Micro Enterprises
It is an organisation whose investment in Manufacturing segment in its Plant & Machinery is <25 Lakhs and in Service segment in its equipment <10 Lakhs.
Small Enterprises
It is an organisation whose investment in Manufacturing segment in its Plant & Machinery is <5 Crores and in Service segment in its equipment <2 Crores
Medium Enterprises
It is an organisation whose investment in Manufacturing segment in its Plant & Machinery is <10 Crores and in Service segment in its equipment <5 Crore
- Low-Interest rate – All banks and other financial institutions identify MSMEs and have formed different schemes for them. Micro, Small and Medium Enterprises (MSME) get the privilege of lesser interest rate on business loans.
- Reduction in Trademark Government Fees – The government has agreed reduction in government charges of the trademark to MSME registered organisations, the fee will be INR 4500/- for small enterprises. The trademark fee for organisations other than MSMEs is INR 9000/-.
- Credit Provision Schemes – The government of India offers several schemes to provide financial support to Micro, Small and Medium Enterprises (MSME) for their organisation.
- Tender Entitlement – There is a certain quota reserved for MSME Registered organisations in government tender allocation.
- No delayed payment – If a Micro, Small and Medium Enterprises (MSME) organisation has made any sale then the buyer has to pay to the MSME organisations within the 45 days since the date of delivery of product or services.
- Easy loan in 59 minutes – Recently, the government has declared that all MSMEs having MSME Registration and GST registration will be approved easy up to INR 5 crores within 59 minutes.
Minimum Requirements
- Required to classify whether it is manufacturing sector or service sector
- Required to classify whether the establishment covers Micro ,medium and small.
- Details are required Aadhar number, industry name ,address and bank details
- Details regarding products are manufacturing or rendering service related details
- There is no government fees for this process
SILVER
.
– MSME registration
– GST registration
.
₹ 2500/-
(All Inclusive)
GOLD
.
– MSME registration
– GST registration
– IE code registration
.
₹ 5000/-
(All Inclusive)
PLATINUM
.
– MSME registration
– GST registration
– IE code registration
– GST return for one year*
.
₹ 11000/-
(All Inclusive)
*depends upon the transaction of the company
1Get required details from the applicant
2To classify whether sector cover micro medium and small enterprise
3To provide OTP to Aadhar number
4To fill all required details in the MSME website
5To get certificate of MSME
6Your MSME Registration is Successful
The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:
- Enterprises engaged in the manufacture or production, processing or preservation of goods as specified below:
- A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh;
- A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore;
- A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore. In case of the above enterprises, investment in plant and machinery is the original cost excluding land and building and the items specified by the Ministry of Small Scale Industries.
- Enterprises engaged in providing or rendering of services and whose investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006 are specified below.
- A micro enterprise is an enterprise where the investment in equipment does not exceed Rs. 10 lakh;
- A small enterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore;
- A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore.
Tool Rooms are equipped with state-of-the-art machinery & equipment. They are engaged in designing and manufacturing of quality tools, which are necessary for producing quality products, and improve the competitiveness of MSMEs in national and international markets. They also conduct training programmes to provide skilled manpower to industries specially MSMEs.
The Ministry conducts various types of training programme through its various organizations for self employment as well as wage employment. The training programmes are primarily focused to promote self employment in the country. Thus all type of programmes have input which provide necessary information and skills to a trainee to enable him to establish his own micro or a small enterprises.