Udyog Aadhaar / MSME Registration
MSME stands for Micro, Small and Medium Enterprises. These are the enterprises which is primarily engaged in the production, manufacturing, processing, preservation of goods and commodities.
MSME registration is a mandatory process for start-up any business in legally form in India. MSMEs are an important sector for the Indian economy& categorised under 2 main sectors such as: Manufacturing sector and Service Sector.
IS MSME AND UDYOG ADHAAR REGISTRATION IS SAME?
The MSME registration and UDYOG ADHAAR registration is quite similar, but there is only one difference is that registration in UDYOG ADHAAR is easily get registration in comparison to other.
PAA CS Firm provides hassle-free online services with 24/7 professional support for MSME Registration Services. PAA CS firm is the Best CS firm in Delhi NCR having MULTI SPECIALIZED team of professionals and associates to handle MSME Registration Process for our esteemed Clients.
NOW, you can apply fast online process with PAA CS Firm and get your Business Certified with us easily.
BENEFITS OF MSME REGISTRATION:
There are some of the benefits are given to MSME registered personas follows-
1. Easy sanction of loan from bank.
2. Low interest rate in loan.
3. Provide flexibility in repayment of borrowing.
4. Provide extra tax benefit which reduces the taxable income.
5. There is excise exemption scheme.
6. Different types of loan present in market for the MSME.
7. Help in getting Government tenders easily.
THERE ARE LIMITS FOR INVESTMENT IN MSME OR ELIGIBILITY FOR MSME:
MSME Classification in Manufacturing Sector:
| Sector/ Enterprise Types | Micro Enterprises | Small Enterprises | Medium Enterprises |
| Manufacturing Sector | Investment does not exceed Rs. 25 lakhs | Investment is more than Rs. 25 lakhs but not exceed Rs. 5 Crore. | Investment is more than 5 Crore but not exceed Rs. 10 Crore. |
| Service Sector | Investment does not exceed Rs. 10 lakhs | Investment is more than Rs. 10 lakhs but not exceed Rs. 2 Crore. | Investment is more than 2 Crore but not exceed Rs. 5 Crore. |
WHO CAN APPLY FOR MSME REGISTRATION??
• Individuals, business owners and entrepreneurs.
• Private and Public limited companies.
• Sole proprietorships.
• Partnership firms.
• Limited liability partnership firms.
• Cooperative societies.
• Trust and many other entities.
DOCUMENTS REQUIRED IN MSME REGISTRATION
1. Application form with passport sized photographs.
2. Passport, voter id card, Aadhaar card, Driving license, Utility bills (water & electric bills).
3. Business PAN card.
4. Business establishment certificate.
5. Income proof
6. Bank details.
7. Last 6 months Bank Statement.
8. Sales & purchase Bill Copies
9. Rent or lease agreement.
10. NOC from the landlord.
IF you want more information about the MSME Registration process, you can call us on mentioned numbers. We are committed to deliver prompt and hassle-free services in your Budget.
