MSME REGISTRATION

MSME Registration

MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories.The Micro, Small and Medium Enterprises definitely drive the economy of a country towards progress and development. The capital costs of employment potential in these enterprises are low whereas their labour strength is greater than larger enterprises. 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 beneficial for business at it provides a range of benefits such as eligibility for lower rates of interest, ISO expenses reimbursement , excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies and other support. IndiaFilings can help your business obtain MSME Registration to avail a host of benefits. Startup Setup can offer your business some assistance with obtaining MSME Registration to avail a large group of advantages.

Highlights

Micro industries

The investment does not exceed 25 lakh for companies in the manufacturing sectors and 10 lakh for the service sector. Small industries- The investment does not exceed 5 crore for companies in the manufacturing sectors and 2 crore for the service sector. 

Small industries

The investment does not exceed 25 lakh for companies in the manufacturing sectors and 10 lakh for the service sector. Small industries- The investment does not exceed 5 crore for companies in the manufacturing sectors and 2 crore for the service sector. 

Medium industries

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 with more than Rs. 10 lakhs but not exceeding Rs. 2 crores of investment in plant & machinery.

FAQs

What is MSME Registration?

MSME Registration stands for MSME stands for micro, small and medium enterprises registration under the MSMED Act that provides Micro, Small and Medium sized enterprises with a host of benefits such as interest rate concessions, tax benefits and access to a range of subsidies and schemes, aimed at developing MSMEs.

What is a Micro Enterprise under the MSMED Act?

MSME Registration stands for MSME stands for micro, small and medium enterprises registration under the MSMED Act that provides Micro, Small and Medium sized enterprises with a host of benefits such as interest rate concessions, tax benefits and access to a range of subsidies and schemes, aimed at developing MSMEs.

What is a Small Enterprise under the MSMED Act?

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.

What is a Medium Enterprise under the MSMED Act?

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 whereas 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.

Why should an MSME get registered?

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 where as 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.

How long does it take to obtain MSME registration?

The MSME Ministry has several schemes that help in promoting the small industry, offering financial, tax, excise exemption , ISO expenses reimbursement and other benefits to these units. Unregistered MSMEs can avail of financial help from banks and other institutions, but to obtain the benefit of the various benefits and schemes offered by the MSME Ministry, registration is essential.

Do I Need to file any return under MSME ?

MSME Registration process is state specific. Therefore based documentation process, the MSME Registration processing time differs. MSME Registration can typically be obtained in 08 to 15 working days.

What is the validity of a MSME Registration?

No. There is no requirement to file any return under MSME.

Who can obtain MSME Registration?

MSME Registration is first provided as a Provisional Registration Certificate after that a Permanent Registration Certificate is issued which is valid for lifetime of the entity.

What are the documents required for MSME registration?

MSME Registration can be obtained by the manufacturing or service sector and service provider sector. To be classified as a MSME, Enterprises in the Manufacturing sector need to have less than Rs.10 crores of investment in plant & machinery; service Enterprises must have an investment of less than Rs.5 crores of investment in plant & machinery.

Process Flow

MSME Registration

Our expert team will help you to obtain your MSME Registration business in 15 to 18 days.




1 Day


We Prepare Application

Our expert team will prepare MSME application along with the necessary documents to be submitted.




1 Day


Submission of Documents

Our expert team will prepare MSME applicaiton along with the necessay  documents to be submitted




1 Day


Get Registration completed

Our team will submit applicaiton to MSME Department and follow up with department for registration.




1 Day






Services Offering

We at Startup Setup focus on helping clients design and build Tomorrow’s organization. We provide real world solutions to complex business issues through, company formation, taxation advice, compliances, out sourced accounting etc.with expert team.

Starting Business

Our experienced team of professional and help you in deciding and incorporating Private Limited, LLP, One Person Company, proprietary firm and other business entities. We advise on complete one roof services for business registrations.

Taxation Consultancy

Our experienced team of professional and help you in deciding and incorporating Private Limited, LLP, One Person Company, proprietary firm and other business entities. We advise on complete one roof services for business registrations.

Corporate Compliance

We are a team of expert’s offering Business Taxation Services in direct and indirect taxation to the manufacturers, Traders, Dealers and service providers of the industry for all taxation in India. Effective tax planning helps to reduce pricing.

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