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MSME REGISTRATION

₹ 1,999 (+ GST) 

WHAT IS MSME?

Micro-Small & Medium Enterprises (MSMEs) contribute largely in the socio-economic development of our country. MSMEs come under the Ministry of Micro, Small & Medium Enterprises and are required to be registered to avail benefits under the Micro, Small and Medium Enterprises Development (MSMED) Act. MSME registration is highly important, as it enables these enterprises in availing benefits from various government initiated schemes.

Documents required for MSME registration:

  1. Aadhar number

  2. PAN number

  3. Address of the business

  4. Bank account number

  5. The basic business activity

  6. NIC 2 digit code

  7. Investment details (Plant/equipment details)

  8. Turnover details (as per new MSME definition)

  9. Partnership deed

  10. Sales and purchase bill copies

  11. Copies of licenses and bills of purchased machinery

ELIGIBILITY FOR MSME REGISTRATION

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The distinction between the manufacturing and services enterprises has been removed by making

the investment amount and annual turnover similar for enterprises engaged in both the sectors.

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MSME – Merged Criteria: Investment and Annual Turnover:

Sector/Enterprise
Type

Micro

Enterprise

Small

Enterprise

Medium Enterprise

Manufacturing & 
Services Sector, Both

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Investment less than
Rs.1 crore

Turnover  less than

Rs.5 crore

Investment less than
Rs. 10 crore
Turnover up to

Rs.50 crore

Investment less than
Rs. 50 crore
Turnover up to

Rs.250 crore

BENEFITS OF MSME REGISTRATION

01

MSME registration helps in getting government tenders

05

Helps in getting low

interest rates

02

Under bank loan,

15% import subsidy on

fully automatic machinery

06

Registered MSMEs gets

tariff subsidies and tax

and capital subsidies

03

Becomes easy to get

licenses, approvals and registrations, irrespective

of field of business

04

Compensation of ISO certificate expenditure

07

Gets exemption under

Direct Tax Laws

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