Why Should You Register For MSME?

Registering MSME is the right choice, as it facilitates taxation benefits, credibility, business expansion, and quicker sanction of business loans.

 

What is Msme Registration ?

Msme Registration is an option registration under the MSMED Actthat provides Micro , small and medium sized enterprises with a host of benefits and access to subsidies and schemes.

Documents Required for Msme Registration


  • Adhar Card
  • Pan Card
  • Business Details.
  • Address Proof.

What is the Msme Regisration Fees


No fees for msme registration .Ministry of MSME Has clarified that Udyog Adhar Memorandum is the only form of registration forMSME ‘s in india and there is no fees registration .

We are also filling free of cost msme registration for our clients.

What are the benefits of Msme Regisration ?

There are various benefits of Msme Registration.


  • Assurance against delay in payments
  • Quick determination of Disputes
  • Collactral free Credits from banks
  • Waiver of stamp duty and registration expenses.
  • Exemption in income tax
  • Mandatory for startup recognition
  • Mandatory for CLSS Scheme for innovation upgradation
  • Repayment of expenses made for acquiring iso accreditation.

What Is the Limit for msme


The maximum Government of india assistance allowed per MSME Is Rs. 1.5 Lakhs for obtaining product licensing/marking to national standards and rs. 2.00 Lakhs for obtaining product licensing to internation standards. One MSME Unit can apply only

Is Msme Registration Mandatory


Obtaining Msme Registration or Udyog Adhar is not Mandatoryand its on the sole discretion of the entrepreneur.
However , it is recommended that most business obtain msme registration to enjoy various benefits like protection against delayed payments under the msme act.