+91 - 9028428643
+91 - 9423268709
MSME OR UDYAG AADHAR REGISTRATION
WHAT IS MSME REGISTRATION OR UDYAG AADHAR REGISTRATION?
MSME enterprises are the backbone of any economy and are an engine of economic growth.
Therefore, to support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act.
To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.
MSME in the manufacturing, service & trading sector can obtain MSME Registration under the MSMED Act.
Though the MSME registration is optional, it is beneficial for business at it provides a range of benefits such as eligibility for lower rates of interest, excise exemption scheme, barcode subsidy, tax subsidies, power tariff subsidies, capital investment subsidies and other support.
Benefits of MSME Registration
Collateral Free loans from banks.
Reduction in interest rates from Banks.
50% subsidy for patent registration.
Special consideration on international trade fairs.
1% exemption on interest rate on OD.
Concession in electricity bills.
50% subsidy for trademark registration.
Bar Code registration subsidy.
Waiver in Security Deposit in Government.
NSIC Performance and Credit ratings.
Benefits
MICRO, SMALL & MEDIUM ENTERPRISES DEFINED
MICRO ENTERPRISES
An Enterprises is classified as Micro Enterprises if for
Investment in Plant & Machinery or Equipment not exceeds ₹ 1 Crore & Annual turnover not more than 5 Crore.
SMALL ENTERPRISES
An Enterprises is classified as Small Enterprises if for
Investment in Plant & Machinery or Equipment not exceeds ₹ 10 Crore & Annual turnover not more than 50 Crore.
MEDIUM ENTERPRISES
An Enterprises is classified as Medium Enterprises if for
Investment in Plant & Machinery or Equipment not exceeds ₹ 50 Crore & Annual turnover not more than 250 Crore.
Documents Required for MSME or Udyog Aadhar Registration
PROPRIETORSHIP
PARTNERSHIP FIRM
PRIVATE LIMITED COMPANY
Pan Card.
Aadhar Card.
Current or Saving A/c Cheque or Bank Statement.
List of Products or Services.
No of Employees.
Investment in Business.
Pan Card of Firm.
Aadhar Card of any one partner.
Cheque or Bank Statement of Current A/c of Firm or Saving A/c of Partner.
List of Products or Services.
No of Employees.
Investment in Business.
Pan Card of Company.
Aadhar Card of any one Director.
Cheque or Bank Statement of Current A/c of Company or Saving A/c of Director.
List of Products or Services.
No of Employees.
Investment in Business.