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MSME Registration

MSME Registration

MSME stands for micro small and medium enterprises. It contributes to 45% of India’s total industrial employment and 95% of all industrial units of the country. These are classified into 2 categories; manufacturing enterprise and service enterprise. MSMEregistration is an optional registration under MSMED Act.  Registration process:

Registration of MSME can be done online as well as offline. 

  • To get your firm registered you must fill a single form which is available online. 
  • The documents mandatory for MSME registration are Bank Account details,Adhar number, Industry Name, Address and some common information.
  • No registration fees are required for this process.

Benefits of MSME registration:

  • There are many schemes subsidies and incentives given by Indian government to promote and support MSME and to avail, all those benefits MSME REGISTRATION is  required. Some of the benefits provided by central government are :
  •  Easy sanctions ofthe loan, lower rates of interest, excise exemption scheme, the exemption under Direct TaxLaws and statutory support such as reservation and the interest on Delayed Payments Act.
  •  Benefits provided by State Government for MSME, include the development of specialized
  •  industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. To avail, the benefits sanctioned for MSME, registration certificate issued by registering authority is required.







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