Ideal For manufacturer’s, service providers,
Professionals and Software Firms
Starting At Rs. 1,599 Onwards
SAVE 50% COST..!!!
(Takes 2-5 days)
ADVANTAGES & BENEFITS
Why to Register AS MSME/SSI In India
Protection against the delay in payment from Buyers
Maximum period for payment for purchases from MSME shall not exceed 45 days, in case of delay, the buyer is liable to pay interest to the SME supplier, at 3 times of the bank rate.
Cheaper bank loans
The rate of interest on loan offered to MSMEs is 1-1.5% lower compared to typical business loan interest.
50% discount on Govt. fees for Trademark & Patent
Enterprises that have MSME Certificate can avail 50% subsidy for patent & trademark registration.
Charges are lower for MSME registered company for facilities such as electricity and VAT exemptions. In fact, other business services such as patents are also cheaper for MSMEs.
MSME / SSI registered businesses enjoy multiple income taxes and capital gains tax subsidies from the government.
Access to tenders
There are multiple government tenders which are open only to MSMEs to promote small business participation in the India.
DOCUMENTS REQUIRED FOR MSME REGISTRATION
LLP & Partnership Firm
For Pvt. Ltd. /Public Ltd./OPC
What Are The Different Types of MSMEs?
There are 3 types of MSME or SSIs which can be classified as under:
Micro-enterprises are the smallest entities, of course. The investment under Micro manufacturing enterprises should be less than Rs. 25 lakhs in plant and machinery, whereas, the micro service enterprises should not exceed Rs. 10 lakhs investment
In small manufacturing enterprises, the investment should be in between Rs. 25 lakh and Rs. 5 crores in plant and machinery, while in small service enterprises this investment limits between Rs. 10 lakh and Rs. 2 crores.
And if we’ll talk about the Medium manufacturing enterprises, then the investment should be in between Rs. 5 crore and Rs. 10 crores in plant and machinery, and for small service enterprises it should be in between Rs. 2 crore and Rs. 5 crores.
On How to Register Company in India
MSME registration is the procedure to get your firm registered under MSME development Act for SME benefits.
There is no difference between MSME, SSI & Udyog Aadhar. There are all one and the same.
As said above, SSI/MSME registration is totally voluntary. Businessmen and entrepreneurs usually get this done to utilise the advantages offered under it.