MSME Registration
MSME Registration
Market Price : Rs. 4,000
Offer Price : Rs. 2,800
Discount : Rs. 1,200 (30%)
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What is a MSME?
MSME stands for Micro, Small, and Medium Enterprises. These enterprises are categorized based on their investment in plant and machinery or equipment and turnover as per the MSMED (Micro, Small and Medium Enterprises Development) Act, 2006. MSMEs play a vital role in the economy by providing employment and contributing significantly to industrial output
Categories of MSMEs
Micro Enterprises: Investment: Up to ₹1 crore ,Turnover: Up to ₹5 crores
Small Enterprises: Investment: Up to ₹10 crores,Turnover: Up to ₹50 crores
Medium Enterprises: Investment: Up to ₹50 crores,Turnover: Up to ₹250 crore
Advantages of MSME
Easy Access to Loans: Banks and financial institutions offer loans at lower interest rates to MSMEs.
Subsidies and Schemes: Eligible for various government subsidies, incentives, and schemes.
Tax Benefits: Enjoy several tax exemptions and benefits.
Protection Against Delayed Payments: Legal protection and interest on delayed payments from buyers.
Market Assistance: Various marketing and promotional support from the government.
ISO Certification Reimbursement: Financial support for obtaining ISO certification
Documents Required for Registration of MSME
Aadhaar Card: Mandatory for the registration process.
PAN Card: For the identity proof of the applicant.
Business Address Proof: Utility bill, rent agreement, or property ownership documents.
Bank Account Details: Cancelled cheque and bank account statement.
Investment Proof: Details and invoices of plant and machinery or equipment.
Turnover Proof: Income tax returns and sales returns for the previous financial year
Procedure of Registration of MSME
Prepare the Required Documents: Gather all necessary documents such as Aadhar card, PAN card, business address proof, etc.
Details to be Provided:Personal details of the applicant.Business details like business name, type of organization, business address, and bank account details.Details of plant and machinery or equipment investment.Turnover details from the previous financial year
Submit the Application:After filling in all the details, click on the "Submit" button.Upon successful submission, a reference number will be generated.
Verification and Approval:The details provided will be verified by the concerned authorities.Upon successful verification, an e-certificate (Udyam Registration Certificate) will be issued..
Corporate Verdict: Your Partner in MSME Registration
Corporate Verdict is a team of experienced professionals dedicated to assisting entrepreneurs to getting the MSME Registration effectively and affordably. We understand the complexities of the registration process and ensure a seamless experience for our clients. Our services include:
Expert Consultation: Providing detailed guidance on the feasibility and benefits of MSME Registration.
Documentation Assistance: Assisting in the preparation and filing of necessary documents.
Compliance Support: Ensuring your Entity meets all regulatory requirements.
Affordable Services: Offering cost-effective solutions without compromising on quality.
By choosing Corporate Verdict, you can rest assured that your MSME registration will be handled efficiently, allowing you to focus on growing your business.
For more information or to start the registration process, visit our website or contact our team today!
Have any Questions?
If you have any questions about the MSME Registration, feel free to contact us.