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MSME registration refers to the process of registering a micro, small or medium enterprise (MSME) with the government of India. This registration is done under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. The registration provides various benefits to MSMEs, such as access to government schemes, subsidies, and incentives, credit at lower rates of interest, and protection against delayed payments.
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MSME i.e. micro, small and medium enterprises, and any enterprise are considered as the backbone of any economy. So, to support and promote MSMEs, MSMED Act was enacted. Now, to avail of the benefits under the Act, MSME Registration is required.
Both the manufacturing and service sectors can obtain MSME Registration. It is also known as Udyog Aadhar. Although the MSME registration is not compulsory but to avail a range of benefits like eligibility for lower rates of interest, excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies, and other support, registration is advisable. It can be obtained at any time at the discretion of the owner but it is generally advised to take it immediately after incorporation of your enterprise. We at Legal Suvidha will help you in getting MSME registration.
Low-Interest Rates | MSME registration ensures cheaper bank loans. The interest rates are much lower than interest on regular loans. |
Tax Benefits & Subsidies | Various tax benefits & subsidies are also offered like tax rebates to MSME. |
Government Tenders | Many government tenders are only open to the MSME Industries. |
Preference | Businesses with MSME registration are generally preferred for government license and certification. |
Step 1:Â Preparing Application: After getting the required document/information, our professional will prepare your MSME application in 2-3 working hours.
Step 2:Â Filing: After getting the approved draft application from you, we will file the same (along with the supporting documents).
Step 3: Processing: While processing & examining your application, we will help you in solving any objections raised by the examiner. After getting approval & setting up your unit you will receive the permanent MSME certificate.
1. Business Address Proof
2. Copies of Sale Bill and Purchase Bill
3. Partnership Deed/ MoA and AoA
4. Copy of Licenses and Bills of Machinery Purchased
5. ID Proof (PAN card and Aadhar) of the owner/director/partner
The provisional MSME registration certificate is valid for five years.
As per the MSMED Act, the MSME registration is voluntary.
Any type of business entity such as proprietorships, HUFs, partnerships, OPCs, LLPs or private limited companies can apply for MSME Registration.
Commercial banks can grant composite loans within a limit of INR 1 Crore.
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EXCELLENTBased on 414 reviews![]()
Gaurav Saraswat2024-04-03Prompt service, courteous and knowledgeable staff makes the whole transition smooth and Hassel free. Also very competitive pricing . Regards Gaurav Saraswat CFO- SCFPL
Vaibhav Patel2024-03-18Good job done by legal suvidha for startup recognition certificate. They guide us so well at every steps. Recommending them for their services.
Account Department2024-03-18I recently applied for a Startup India certificate through Legal Suvidha, and I was thoroughly impressed by their professionalism. From the moment we initiated the process, we received proper guidance in every step. Saloni, one of the team member helped us very patiently and ensured a seamless procedure . Thanks to their team, that I obtained my certificate within few working days.
Shaks SHAKS Shaks2024-03-18Very sharp and accurate and professional Meter & Cents
Harry's s2024-03-12Great service, Their Team is really hard working and amazing experience with legal suvidha now i am going to continue for all the work regarding my private limited company.
Raghu G2024-03-06Good communication and got things quickly
EXCELLENTBased on 414 reviews![]()
Gaurav Saraswat2024-04-03Prompt service, courteous and knowledgeable staff makes the whole transition smooth and Hassel free. Also very competitive pricing . Regards Gaurav Saraswat CFO- SCFPL
Vaibhav Patel2024-03-18Good job done by legal suvidha for startup recognition certificate. They guide us so well at every steps. Recommending them for their services.
Account Department2024-03-18I recently applied for a Startup India certificate through Legal Suvidha, and I was thoroughly impressed by their professionalism. From the moment we initiated the process, we received proper guidance in every step. Saloni, one of the team member helped us very patiently and ensured a seamless procedure . Thanks to their team, that I obtained my certificate within few working days.
Shaks SHAKS Shaks2024-03-18Very sharp and accurate and professional Meter & Cents
Harry's s2024-03-12Great service, Their Team is really hard working and amazing experience with legal suvidha now i am going to continue for all the work regarding my private limited company.
Raghu G2024-03-06Good communication and got things quickly
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Here are some answers to potential questions that may arise as you start your business.
Register your business, obtain necessary licenses, and fulfill tax obligations.
Consider factors like ownership, liability, and tax implications to choose from options like sole proprietorship, partnership, or company registration.
Choose a unique business name, obtain required IDs like Director Identification Number (DIN), and file incorporation documents with the Registrar of Companies (ROC).
Obtain GST registration, trade licenses, and any industry-specific permits required to operate legally.
Maintain accurate financial records, file tax returns on time, and adhere to the tax laws applicable to your business.
Yes, startups in India can benefit from various government schemes offering tax exemptions, funding support, and incubation facilities.
Secure patents, trademarks, or copyrights to safeguard your intellectual assets from infringement or unauthorized use.
Challenges include navigating bureaucratic hurdles, complying with complex regulations, and competing in a crowded marketplace.
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