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MSME Registration Process

MSME/SSI Registration

MSME/SSI Registration Online

Now Apply for MSME/SSI Registration Online anywhere in India with Package Start Only From 999/- INR (All Inclusive) Free Consultation | MSME Registration Certificate | MSME Registration Process | MSME Registration Form

What is MSME/SSI Registration ?

MSME/SSI Registration is playing very important role for the small and medium business across India.Numerous surveys show that country’s true economic growth reckoned not just on its large-scale industries and foreign investments but also on its small and medium level industries that also includes various cottage industries operating in India. By looking towards the developing country like India whose economy is basically dependent on agriculture and small- scale industries, applying for MSME registration or SSI Registration could be considered as its backbone.
In India, every state has its own tradition and culture which they follow and become eminent in that kind of industry. No doubt that India is a country with its huge stock of natural resources with intense climate variations, so promoting and working in such type of industries on a very large scale is very common among the traders.
So Ultimately MSME/SSI Registration are a certification which is issued by respective state government department to avail to benefits under the MSME Act. Now from the 2015 government modified the MSME or SSI Registration and its has been changed into the Udyog Aadhar Registration.
We can help your business obtain MSME/SSI Registration to avail a host of benefits. MSME registration or SSI registration can be done through Kolkata,Delhi NCR, Mumbai, Bengaluru, Chennai & all other Indian cities.

Why MSME/SSI are Important for Small Business

​MSME registration is really important for developing the transparency and accountability of the above-mentioned industries, Government of India has basically categorized these industries which is known as MSME- Micro, Small and Medium Enterprises. MSME is actually an authorized body that helps in promoting these industries throughout the country with the help of officially legalized Act. One of the unique advantage of MSME registration is that it authorizes numerous incentives and incentives to industries included under MSMED Act. In order to subscribe under MSME, a MSME registration procedure is mandatory. Apart from the enterprises as mentioned above, some firms, public and private limited companies, LLPs are also eligible to apply for registration under MSME to avail its benefits. These benefits of MSME registration include priority sector lending, power tariff subsidies, capital investment subsidies and excise and direct tax exemptions. Following are the conditions which need to be fulfilled to qualify under MSME Act.

These benefits of MSME registration include priority sector lending, power tariff subsidies, capital investment subsidies and excise and direct tax exemptions. Following are the conditions which need to be fulfilled to qualify under MSME Act.

* All the manufacturing enterprises which have invested less than 10 crores in machinery and plant are allowed to be registered as MSME.

* In service enterprises, the investment in plant and machinery should not be more than 5 crores.

* And in near future, if your enterprise exceeds the maximum limit, then it will not sum up as MSME.

Classification under MSME Registration

An industry owner before applying for the registration for MSME should know the requisites to classify his company and must file his application in that category only in order to avoid any cumbersome technicalities. As a result of this, Government of India has come up with a set of rules and regulations for the industries in order to classify them. The classification is mentioned below:

Benefits under MSME/SSI Registration Online

There are multiple benefits of MSME / SSI registration for small businesses:

* Cheaper bank loans: The rate of interest on loan offered to MSMEs is 1-1.5% lower compared to typical business loan interest.
* Easy access to credit: PM Modi has introduced the Mudhra Loan scheme, which provides loans to MSME / SSI without collaterals.
* Quicker approvals from state and central government bodies: Business registered under MSME are given higher preference in terms of government license and certification.
* Tax rebates: MSME / SSI registered businesses enjoy multiple income taxes and capital gains tax subsidies from the government.
* Cheaper infrastructure: Charges are lower for MSME registered company for facilities such as electricity and VAT exemptions. In fact, other business services such as patents are also cheaper for MSMEs.
* Access to tenders: There are multiple government tenders which are open only to MSMEs to promote small business participation in the India.

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