MSME REGISTRATION (₹ 499/ only)

The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:

Enterprises engaged in the manufacture or production, processing or preservation of goods and enterprises rendering services as specified below:

(i) a micro enterprise, where the investment in Plant and Machinery or Equipment does not exceed one crore rupees and turnover does not exceed five crore rupees;

 (ii) a small enterprise, where the investment in Plant and Machinery or Equipment does not exceed ten crore rupees and turnover does not exceed fifty crore rupees;

 (iii) a medium enterprise, where the investment in Plant and Machinery or Equipment does not exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.

Benefits of MSME Registration

Income Tax exemption

Priority Lending

Credit Linked Guarantee Scheme

Fewer interest rates and availability and access to greater credit

Technology and quality up-gradation support to MSMEs

Market assistance from the government and Export Promotion

Capital and other grants for infrastructure development

Documents Required

Pan Card (of Director/ Partner as cases apply)

Pan Card (of business firm)

Aadhar Card (of Director/ Partner as cases apply)