MSME stand for Micro Small Medium Enterprises. Ministry of MSME is distributing the certificate in the name of Udyog. In 2015, MSME department changed the name of the MSME certificate as Udyog Aadhaar certificate with the unique reference number of UAN number. So the MSME certificate and Udyog Aadhaar certificate are same. Validity of this certificate is lifelong. Further, the Goverment of India has laid down comman norms of classifcation as MSME for Manufacturing & Service sector.
Pravinjana Consultants – we help you in getting the MSME Registration for your enterprise in least possible time and cost.
Research beyond the business plan
MSME are classified according the Turnover of the organisation and amount of Investment in Plant, Machinery & Equipment. Both the Conditions must be satisfied in order to be classified in a particular category of MSME definition.
|
CONDITIONS |
MIRCO |
SMALL |
MEDIUM |
|
Investment in Plant, Machinery & Equipment |
Up-till Rs 1,00,00,000 |
> than Rs 10,00,00,000 |
> than Rs 50,00,00,000 |
|
Turnover |
Up-till Rs 5,00,00,000 |
> than Rs 50,00,00,000 |
> than Rs 2,50,00,00,000 |
Hence, you can apply for MSME Registration, if your enterprise has done investment in Plant, Machinery / equipment’s up-till the limits as specified as above besides having Turnover in above mentioned limits. Further, both new and existing enterprises can apply for MSME registration and get the certificate.
Some of the Benefits of Having MSME Certificate or Udyog Aadhaar Certificate
- 100% Collateral Free loans from all banks subject to bank policy.
- Reduction in interest rates from Banks.
- Special consideration on International Trade fairs.
- Waiver in Security Deposit in Government Tenders and Departments.
- 50% subsidy for patent registration.
- Most states government offer subsidies on power, taxes and entry to state-run industrial estates.
- Tax Benefits.
- Business registered under MSME are given higher preference for government license and certification.
- There are many government tenders which are only open to the MSME Industries.
- The MSMED Act, 2006 specifies 45 day credit period for the recipient of any goods or services to pay to the MSME supplier.
- Name of Enterprise
- Nature of Business of enterprise
- Date of Incorporation / start of Business
- Email & Mobile Number of enterprise
- Business address of Enterprise
- Copy of PAN of Enterprise
- Number of Employees in enterprise
- Investment in Plant, Machinery & Equipment
- GST Number of enterprise, if available
- Applicant name
- Copy of Applicant Aadhaar Card & PAN Card
It will take 24-36 hours to complete the entire process and you will get MSME Registration certificate directly on your email.
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