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The Insider's Guide On How To Get Msme Registration Number
What Are Micro, Small & Medium Enterprises (MSME)?
In a developing country like India, MSME industries are the backbone of the economy. It is rightly termed as “the engine of growth” for India. The MSME sector contributes to 45% of India’s total industrial employment, 50% of India’s total exports and 95% of all industrial units of the country and more than 6000 types of products are manufactured in these industries (As per Ministry of Micro, Small & Medium Enterprises). When these industries grow, the economy of the country grows as a whole and flourishes. These industries are also known as small-scale industries(SSI’s).
In this blog, we will discuss the process on how to get your MSME registration number/SSI registration in India.
How To Register As An MSME?
You can apply online for MSME registration & verification.
Click Here to register as an MSME and fill the application form.
You can get an MSME certificate with lifetime validity in 2-5 working days and this certificate is for enterprises in both the manufacturing and service sectors. There is no limit with ...
... respect to the name used by you to register for new or existing businesses.
Benefits Of MSME Registration:
Your bank loans get cheaper as the interest rate is very low at around ~ 1 to 1.5%.
Various tax rebates are offered to MSME.
You are allowed a credit for minimum alternate tax (MAT) to be carried forward for up to 15 years instead of 10 years.
Many government tenders are only open to the MSME Industries.
You can get easy access to credit.
Once you are registered, the cost of getting a patent done or the cost of setting up the industry reduces as many rebates and concessions are available.
You will be given higher preference for government license and certification.
There is a One Time Settlement Fee for non-paid amounts of MSME.
The Registration Process Of MSME :
To do the registration for the small and medium scale industry, you have to fill a single form which you can do online or offline. Click Here to get the application.
If you want to do registration for more than one industry then you can do individual registration.
The document required for the registration is your Personal Aadhar number, Industry name, Address, bank account details and some additional information.
You can provide self-certified certificates.
There are no registration fees required for this process.
Post the documents are prepared and submitted to the MSME registrar; the experts will verify the submitted documents. This procedure requires 2 working days.
Once your MSME application is approved, your company gets registered and related documents will be sent to you.
Documents Required For MSME Registration
You have to submit documents like business address proof, copies of purchase and sale bill, and licenses from regulatory bodies.
Business Address Proof
Copies of Sale Bill and Purchase Bill
Partnership Deed/ MoA and AoA
Copy of Licenses and Bills of Machinery Purchased
How do we assist you with MSME Registration/SSI Registration?
We as your MSME Registration Consultants in Bangalore will help your business obtain MSME Registration to avail the benefits. MSME registration or SSI registration can be done through us in your city.
Step 1: You just need to fill our simple form which would ask about your basic information. It would be required while filing your application with the department.
Step 2: According to the details provided to us, we will draft your documentation accordingly. It would take around 1-2 working days.
Step 3: We will file your application along with the required documents to the MSME registrar. Before submission, our expert will verify all your documents properly.
Step 4: Once the application is approved and your MSME certificate is issued, we shall send it to you via email and courier.
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