MSME/ UDYAM REGISTRATION
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MSME/ UDYAM REGISTRATION
MSME is the abbreviation for Micro, Small and Medium Enterprises. MSME registration
is also known as Udyam Registration or Udyog Aadhaar. MSME units are the back born
of every economy and play major rule in development of any country. To boost the
businesses of MSME entrepreneurs, government of India providing many schemes,
benefits, subsidies and incentives to the registered MSME units through MSMED Act. If
your business registered under MSME then you get benefits such as eligibility for lower
rates of interest, excise exemption schemes, tax subsidies, power tariff subsidies,
capital investment subsidies and other support.
An enterprise shall be classified as a micro, small or medium enterprise on the
basis of the following criteria, namely:-
a micro enterprise, where the investment in plant and machinery or equipment does
not exceed one crore rupees and turnover does not exceed five crore rupees;
a small enterprise, where the investment in plant and machinery or equipment does
not exceed ten crore rupees and turnover does not exceed fifty crore rupees; and
a medium enterprise, where the investment in plant and machinery or equipment
does not exceed fifty crore rupees and turnover does not exceed two hundred and
fifty crore rupees.
BENEFITS OF MSME/ UDYAM REGISTRATION
Interest rate reduction for loans
Stamp duty and registration fees waiver
Electricity bills concession
Beneficial reservation policies in the manufacturing
Barcode registration subsidy
Collateral free loans from banks
Interest rate exemption on OD
Patent registration subsidy
Eligibility for CLCSS (credit linked capital subsidy scheme)
Government security deposit waiver (helpful while participating in tenders)
Direct tax laws rules exemption
Ease of obtaining licenses, registrations and approvals.
International trade fair special consideration
ISO certification fees reimbursement
NSIC performance and credit rating fees subsidy
NSIC performance and credit rating fees subsidy
PROCESS WE FOLLOW
Select the service
Pay for the service
Sales expert will call you & guide you for documentation
Preparation of documents and send you for signing or authorization
Documents submission with the department for approval
Confirmation on successful registration or completion of work
MSME/ UDYAM REGISTRATION
- Consultation by expert
- Compilation of documents and information
- MSME/UDYAM Registration Certificate
- Government payment receipt if any
- Liasoning with department for escalating approval
- Original document file
