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MSME Registration Certificate Service | Udyam Registration

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MSME Registration

The Ministry of Micro, Small, and Medium Enterprises is a government branch responsible for creating and monitoring the functioning of the numerous laws, rules, and regulations related to the micro, small and medium enterprises (MSMEs) existing in India. The MSMED Act thus aims to improve the quality of these businesses by providing them with numerous opportunities in terms of subsidies, schemes, and incentives to grow and develop to ensure development and growth in the economy.

MSME Registration allows the micro, small, and medium enterprises to enjoy the benefits of all such opportunities provided by the government and banking sectors.

Manufacturing Enterprises

Manufacturing Enterprises are business concerns that carry out the manufacturing and production services for any type of industry or the business concerns that add value to an already finished product with the use of various assets.

These companies are commonly equated to investment in plant and machinery.

For manufacturing enterprises, there are various criteria in place for them to qualify for MSME registration. The limit is set at.

  • Twenty-five lakh rs for MICRO Enterprises
  • More than twenty-five lakh but less than five crore rs for SMALL Enterprises
  • More than five crores and less than ten crore rs for MEDIUM Enterprise

Service Enterprises

Service Enterprises are business concerns that provide numerous different services to users and customers. These companies are commonly equated to investment in equipment.

For service enterprises, there are various criteria in place for them to qualify for MSME registration. The limit is set at.

  • Ten lakh rs for MICRO Enterprises
  • More than ten lakh but less than two crore rs for SMALL Enterprises
  • More than two crores but less than five crore rs for MEDIUM Enterprises

Here’s how it works

1. Fill Form

Simply fill the above form
to get started.

2. Call to discuss

Our expert will connect with you
& prepare documents.

3. Get certificate

Get your Company
Incorporation certificate

Benefits of MSME Registration

By registering the MSME, You can avail numerous benefits which include

Ease in getting loans

A Credit Guarantee Scheme (CGSME) launched by the Government and SIDBI has given MSMEs an opportunity to procure a loan of up to 1 lakh without any collateral or mortgage.

Government tenders

Procuring Government tenders can be a tough task due to its high demand. Special preferences are given in buying through MSME registered companies by the Government of India through Govt. tenders.

Protection against the delay in payment from Buyers

There is a maximum period of 45 days that is granted to make payments for purchases from MSMEs. A registered company is accrued interest 3 times the bank rate in case of delays of payment by the buyer.

Dispute resolution

In case of an ongoing dispute in any business concern that is registered as MSME, the MSME Facilitation Council for conciliation & arbitration steps in and helps to resolve it in the best possible way.

Concessions

Various concessions and subsidies are provided by the government to MSME registered enterprises.

The MSME registered certificate can also help the enterprise to get a 50% subsidy during the registration for patents and trademarks, i.e. a discount is given on the government fee.

Bank Overdraft (OD) exemption

A 1% exemption is provided to the business concerns registered with the MSME in case of an overdraft (OD) to their bank accounts.

Documents required for MSME Registration

  Firm / Company Name

  Aadhaar Card (Proprietor/Partner/Director)

Email id

 Mobile number

PAN Card (Proprietor)

  Pan Card (Partnership Firm/Company)

Let’s clear all the doubts!

Each type of business entity can apply for MSME or Udyog aadhaar registration whether it’s a proprietorship firm or a private limited company.

Yes, Aadhaar number of business owner is mandatory for applying Msme / SSI / Udyog Aadhaar Application.

No, only manufacture and service provider get Msme / Udyog Aadhaar / SSI certificate.

NO, Msme / SSI and Udyog Aadhaar registration is same there is a only difference of name.

Msme stands for MICRO, SMALL & MEDIUM ENTERPRISES, hence any loan which is given to MICRO, SMALL & MEDIUM category business or enterprises known as MSME loan.

Msme Registration is not legally mandatory but as we say it provides lots of benefits through State and Central Government and also it helps to getting bank loans.

Yes, Any Service category business can register their firm or company under MSME.

If we have MSME Certificate of our business then we can avail 50% concession of government fees at the time of Trademark Registration.

There are 3 types of Msme criteria are given below:

  1. Micro Enterprises
  2. Small Enterprises
  3. Medium Enterprises

Anyone who running manufacturing or service category business and having a valid Aadhaar Number is eligible for applying for Msme / SSI / Udyog Aadhaar Registration.