SSI/MSME/Udyog Aadhar Registration

Essential for Small-Scale Industries

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MSME/SSI REGISTRATION

MSME stands for Micro, Small and Medium Enterprise. MSME enterprises are the foundation of any economy and are an engine of economic growth, advancing impartial improvement for all. Therefore, to promote and support MSMEs, the Government of India through different subsidies, plans and incentives promote MSMEs through the MSMED Act. To profit the advantages under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required. Micro scale, Small and Medium sized enterprises in both the production & service sector can get MSME Registration under the MSMED Act. Though the MSME registration is not statutory, it is helpful for business as it gives it a scope of advantages such as eligibility for lower rates of interest, power tariff subsidies, tax subsidies, excise exemption scheme, capital investment subsidies and other support.

Process

You are required to fill in the details in our simple online questionnaire and submit documents.

we will then draft an application and prepare documents for registering MSME based on the details provided by you.

For further procedures, we shall submit the application along with documents to MSME registrar after verification by our experts.

Once the application is approved and your company is incorporated, we shall send you all the documents and DSCs.

Advantage

1

Micro Enterprises: Micro enterprises are the smallest entities, of course. Micro manufacturing enterprises have investment of less than Rs. 25 lakh in plant and machinery, while micro service enterprises have less than Rs. 10 lakh invested.

2

Small Enterprises: Small manufacturing enterprises may have between Rs. 25 lakh and Rs. 5 crore invested in plant and machinery, while small service enterprises may have between Rs. 10 lakh and Rs. 2 crore invested.

3

Medium Enterprises: Medium manufacturing enterprises may have between Rs. 5 crore and Rs. 10 crore invested in plant and machinery, while small service enterprises may have between Rs. 2 crore and Rs. 5 crore invested.

- Proof of Establishment (Sale Deed or Rent Agreement)
- Bank Statement or Canceled Cheque
- Aadhar Card and Pan Card of the Authorized Person

GOT QUESTIONS? ASK US

FAQ

To be eligible for SSI/MSME registration, a business must be in the manufacturing/service sector and must meet the following criteria: (a)If a manufacturing business, it has less than Rs.10 crores invested in plant and machinery (b)If a service sector business, it has less than Rs.5 crores in investment.

A Micro Enterprise in the manufacturing sector is an enterprise with less than Rs. 25 lakhs of investment in plant & machinery. A Micro Enterprise in the service sector is an enterprise with less than Rs. 10 lakhs of investment in plant & machinery.

A Small Enterprise in the manufacturing sector is an enterprise with more than Rs. 25 lakhs but not exceeding Rs. 5 crores of investment in plant & machinery. A Small Enterprise in the service sector is an enterprise with more than Rs. 10 lakhs but not exceeding Rs. 2 crores of investment in plant & machinery.

A Medium Enterprise in the manufacturing sector is an enterprise with more than Rs. 5 crores but not exceeding Rs. 10 crores of investment in plant & machinery. A Medium Enterprise in the service sector is an enterprise with more than Rs. 2 crores but not exceeding Rs. 5 crores of investment in plant & machinery.

Documents required for SSI/MSME Registration are proof of address of business, proof of identity of the promoters and constitution of the business. Additional documents may be required based on the State in which the MSME Registration is sought.

Enterprises that are registered as SSI/MSMEs get the benefit of subsidies, schemes and incentives.They also enjoy interest rate concession and their borrowing is classified under Priority Sector Lending.

SSI/MSME Registration process is specific to the respective state. MSME Registration can typically be obtained in 10 15 working days.

SSI/MSME Registration is first provided as a Provisional Registration Certificate with a validity of 5 years. Once, the unit has commenced production, a Permanent Registration Certificate is issued which is valid for lifetime of the entity.

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