Overview

The Government of India has introduced MSME or Micro, Small, and Medium Enterprises in agreement with Micro, Small and Medium Enterprises Development (MSMED) Act of 2006. These enterprises primarily engaged in the production, manufacturing, processing, or preservation of goods and commodities.

MSMEs are an important sector for the Indian economy and have contributed immensely to the country's socio-economic development. It not only generates employment opportunities but also works hand-in-hand towards the development of the nation's backward and rural areas. MSME registration is also known as Udyog Aadhaar or SSI registration.

Online Registration for MSME

Benefits of MSME Regsitration

Here are the main benefits of registering MSME:

• 100% Collateral-Free Automatic Loans
• Rs. 50,000 cr. Equity Funding for MSMEs
• Support for Listing at Stock Exchanges
• Preference in procuring Government tenders
• 1% exemption on interest rate on Bank Over draft (OD)
• Concession in Electricity bills
• Protection against the delay in payment from Buyers
• Special 50% discount on Govt. fees for Trademark & Patent
• Fast resolution of disputes

Checklist for MSME Registration

Provisional MSME Registration: This is given for entities which are yet to begin functioning. With provisional registration the MSME can:

• Obtain facilities for accommodation, land, etc
• Obtain important approvals and NOCs
• Obtain clearances from regulatory bodies such as pollution control board and labour regulations
• Obtain term loans and working capital from financial institutions and banks under priority sector lending
• A PRC (provisional registration certificate) is allotted to new enterprises without any field enquiry and is valid for 5 years

Permanent MSME Registration: It is given to industrial units that are already functioning. All the benefits available to MSMEs can be availed by them. The following conditions have to be met for getting a permanent registration:

• The unit has obtained statutory and administrative clearances as required
• The unit does not violate any regulation or restriction
• The value of plant and machinery in the unit does not exceed the prescribed limits
• There should be proof the enterprise is not owned, a subsidiary of or controlled by another industry.

Documents Required For MSME Registration

Listed below are the documents and details required for MSME registration.

• Applicant's Aadhaar card
• Applicant's PAN
• Company PAN (not applicable in case of a proprietorship firm)

How to Apply for MSME certificate

The most important steps involved in MSME registration is stated below:

• Step 1: We at Filemydoc.com help you get the MSME registration in India in a completely paperless manner.
• Step 2: A business consultant reaches to you first and understands your requirement.
• Step 3: The Consultant will explain the whole process and brief you about the documents that are documents required to obtain the MSME registration in India.
• Step 4: Once the documents are collected and payment is initiated. A relationship manager is allocated who further carries out the process of registration.
• Step 5: Our Relationship managers make sure that the process is seamless by regular follow-ups and proper consultation.

Why choose Filemydoc.com for MSME Registration

Here is why you should choose Filemydoc.com for your MSME registration:

• Simple and speedy process
• Experts will take care of MSME filings
• You get support throughout the process
• All your queries will be answered in no more than 24 Hours

FAQs on MSME Registration

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