MSME Registration
What is MSME?
MSMEs stands for (Micro, Small, and Medium Enterprise) which is an important sector or you can say backbone of Indian economy.
MSMEs contribute nearly eight percent of the country’s GDP, around forty-five percent of the manufacturing output, and approximately forty-percent of the country’s exports
Benefits of MSME?
Enterprises registered under MSMEs are eligible for various Types of benefits from the Government of India, Reserve Bank of India (RBI) and other institutions
- Subsidies
- Incentives
- Concession on Taxation
- Procuring Government tenders
- Credit limit or funding support to banks
- Up-grading of developmental technology
- Infrastructure development
- Concession in electricity bills
- Reduced fees for Trademark registration
- Reimbursement of ISO Certification expenses
- Product development, design innovation, intervention, and packaging
What Require for Registration
- Aadhaar Number
- Name of Applicant
- Name of Enterprise / Business
- Type of Organization
- Companies’ PAN
- Location of Plant/firm
- Office Address Proof
- Bank Details
- DIC
- Investment in Plant & Machinery / Equipment
Who can Register For MSME
- Proprietorships
- Partnership Firm
- Limited Liability Partnership
- Public Limited Company
- Private Limited Company
- Society/Co-Operative Society
- Trust
- others