Apply for MSME Registration
What is MSME Registration?
The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India, is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India
MSME Certificate
MSME certificates act as evidence of MSME registration. For registering more than one enterprise, applicants must go through separate MSME registration online. The fees will be charged accordingly. Each enterprise will be allotted with an individual MSME certificate.
Eligibility for MSME Registration
The distinction between the manufacturing and services enterprises has been removed by making the investment amount and annual turnover similar for enterprises engaged in both the sectors.
| MSME – Merged Criteria: Investment and Annual Turnover | |||
|---|---|---|---|
| Sector/Enterprise Type | Micro Enterprise | Small Enterprise | Medium Enterprise |
| Manufacturing & Services Sector, Both | Investment less than Rs. 1 crore Turnover less than Rs. 5 crore | Investment less than Rs. 10 crore Turnover up to Rs. 50 crore | Investment less than Rs. 50 crore Turnover up to Rs. 250 crore |
Documents Checklist
To avail, the MSME registration benefits the following documents are required:
- Aadhaar card
- Property paper
- Rent agreement
- Cancelled cheque
- Partnership deed (for partnership firms)
- Memorandum of Association (for companies)
- Articles of Association (for companies).
- PAN
- The social category of the applicant (General, SC, ST or OBC)
- The physical ability of the applicant (disabled or not)
Some additional documents required for the registration are as follows.
Business address proof
- Self-own property: allotment letter, property tax slip, possession letter.
- Rented property: rent receipts and NOC from the property owner.
Company registration proof
- Photocopy of sale bill.
- Photocopy of purchase bill (of raw material).
License and purchase bills for machinery
- Photocopy of an industrial license.
- Bills of purchasing machinery and installations.
Steps
One can opt for MSME registration online and offline as well. The registration process for both the manufacturing sectors and service sectors can be done on a single platform. Following is the process of MSME registration.
1
Form Fill Up
• Fill up the basic form and Get ready for Expert Assistance.
2
Document Preparation
• Expert assisted Document Preparation • The process can take up to 2 working days.
3
Submitting the application
• Submit the application form along with the required documents.
• After submitting the application, verification takes place.
• The verification can take up to 2 working days.
4
Approval and registration
• The registration will be done if the application has been approved.
• The MSME certificate will be delivered to you.
The MSME registration application form contains the following components.
• Aadhaar details, PAN details, social category and gender of the entrepreneur.
• Name and type of enterprise.
• Address and contact details.
Benefits of MSME
The reason behind MSME registration being appealing is the wide-ranged benefits. Here are the MSME registration benefits.
- MSME registered enterprises can avail loans at lower interest rates than regular loans. Loans can be availed at an interest rate of as low as 1% to 1.5%.
- MSME certificate holders can enjoy tax exemption under the MSME Act.
- MAT or minimum alternate tax can be extended to 15 years from the regular 10 years.
- MSME registered enterprises gets preference for government-issued license and certificates.
- By getting registered under MSME, the cost of patenting and industry set up reduces due to various rebates and concessions.
- Many government tenders are given to only MSME registered enterprises.
- An MSME gets easy access to credit.
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MSME Schemes
The reason behind MSME registration being appealing is the wide-ranged benefits. Here are the MSME registration benefits.
1.2. Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTMSE)
1.3. Interest Subsidy Eligibility Certificate (ISEC)
2.2. Market Promotion & Development Scheme (MPDA)
2.3. Revamped Scheme Of Fund for Regeneration Of Traditional Industries (SFURTI)
2.4. Coir Vikas Yojana (CVY)
2.4.1. Coir Industry Technology Upgradation Scheme (CITUS)
2.4.2. Science and Technology (S&T) for Coir
2.4.3. Skill Upgradation & Mahila Coir Yojana (MCY)
2.4.4. Export Market Promotion (EMP)
2.4.5. Domestic Market Promotion Scheme (DMP)
2.4.6. Trade and Industry Related Functional Support Services (TIRFSS)
2.4.7. Welfare Measures (Pradhan Mantri Suraksha Bima Yojana (PMSBY))
3.2. A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE)
3.3. National Manufacturing Competitiveness Programme (NMCP)
3.3.1. Credit Linked Capital Subsidy for Technology Upgradation
3.3.3. Marketing Support/Assistance to MSMEs (Bar Code)
3.3.4. Lean Manufacturing Competitiveness for MSMEs
3.3.5. Design Clinic for Design Expertise to MSMEs
3.3.6. Technology and Quality Upgradation Support to MSMEs
3.3.7. Entrepreneurial and Managerial Development of SMEs through Incubators
3.3.8. Enabling Manufacturing Sector to be Competitive through QMS&QTT
3.3.9. Building Awareness on Intellectual Property Rights (IPR)
4.2. Marketing Assistance Scheme
4.3. Procurement and Marketing Support Scheme (P&MS)
5.2. Assistance to Training Institutions (ATI)
Frequently Asked Questions (FAQs)
• All Government dues
• Udyog Aadhaar Registration
• MSME Certificate
For MSME: 011-23063288 / 011-23063643
For Udyam Registration: 011-23061500 or 011-23061546
