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MSME Registration

 

MSME stand for Micro Small Medium Enterprises. Ministry of MSME is distributing the certificate in the name of Udyog. In 2015, MSME department changed the name of the MSME certificate as Udyog Aadhaar certificate with the unique reference number of UAN number. So the MSME certificate and Udyog Aadhaar certificate are same. Validity of this certificate is lifelong. Further, the Goverment of India has laid down comman norms of classifcation as MSME for Manufacturing & Service sector.

 

How enterprises are classified as Micro, Small and Medium Enterprise?

 

MSME are classified according the Turnover of the organisation and amount of Investment in Plant, Machinery & Equipment. Both the Conditions must be satisfied in order to be classified in a particular category of MSME definition.

 

CONDITIONS

MIRCO

SMALL

MEDIUM

Investment in Plant, Machinery & Equipment

Up-till Rs 1,00,00,000

>  than Rs 10,00,00,000

>  than Rs 50,00,00,000

Turnover

Up-till Rs 5,00,00,000

>  than Rs 50,00,00,000

 >  than Rs 2,50,00,00,000

 

Hence, you can apply for MSME Registration, if your enterprise has done investment in Plant, Machinery / equipment’s up-till the limits as specified as above besides having Turnover in above mentioned limits. Further, both new and existing enterprises can apply for MSME registration and get the certificate.

 

Benefits of MSME Registration

 

Some of the Benefits of Having MSME Certificate or Udyog Aadhaar Certificate

  • 100% Collateral Free loans from all banks subject to bank policy.
  • Reduction in interest rates from Banks.
  • Special consideration on International Trade fairs.
  • Waiver in Security Deposit in Government Tenders and Departments.
  • 50% subsidy for patent registration.
  • Most states government offer subsidies on power, taxes and entry to state-run industrial estates.
  • Tax Benefits.
  • Business registered under MSME are given higher preference for government license and certification.
  • There are many government tenders which are only open to the MSME Industries.
  • The MSMED Act, 2006 specifies 45 day credit period for the recipient of any goods or services to pay to the MSME supplier.

 

Documents / details required for MSME Registration

  • Name of Enterprise
  • Nature of Business of enterprise
  • Date of Incorporation / start of Business
  • Email & Mobile Number of enterprise
  • Business address of Enterprise
  • Copy of PAN of Enterprise
  • Number of Employees in enterprise
  • Investment in Plant, Machinery & Equipment
  • GST Number of enterprise, if available
  • Applicant name
  • Copy of Applicant Aadhaar Card & PAN Card

 

What is the time required in obtaining MSME Registration?

 

It will take 24-36 hours to complete the entire process and you will get MSME Registration certificate directly on your email.

 

Where we can help

 

PKP can help you in getting the MSME Registration for your enterprise in least possible time and cost.

 

Contact PKP for MSME Registration

Contact Person: Prakash K Gupta

Email -  pgupta@pkpconsult.com, pkpconsult1977@gmail.com

Telephone Numbers: +91-11-23382207 / 23388753

Mobile Number: +91- 98110 31841

 

Prakash K Prakash PKP Consult +91-9811031841 pkpconsult1977@gmail.com