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MSME

Msme registration procedure

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0% found this document useful (0 votes)
29 views16 pages

MSME

Msme registration procedure

Uploaded by

varshini362004
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

M S M E

Micro Small Medium Enterprises

Educational Purpose Only – Created by HARIPRASAD S


Eligibility for MSME Registration
MSME registration is open to all entities designated as Micro, Small, and
Medium Enterprises (MSME).

Individuals are not eligible to apply for MSME registration.

MSME registration is open to any


▪ Proprietorship
▪ Partnership
▪ Corporation / Companies
▪ Trust or society
with an investment of less than Rs.50 crore and an annual revenue
(turnover) of less than Rs.250 crore.

Educational Purpose Only – Created by HARIPRASAD S


✓ MSME industries serve as the backbone of the economy.

✓ When the MSME industries grow, the economy of our country


also grows.

✓ The other name for MSME industries is small-scale industries or


SSIs or udyam registration.

✓ The MSME became operational on October 02, 2006.

✓ Its handled by Ministry of Micro Small Medium Enterprises.

Educational Purpose Only – Created by HARIPRASAD S


CRITERIA MICRO SMALL MEDIUM

<₹50
Investme <₹1 <₹10
crores
nt and crore crores
and
annual and <₹5 and <₹50
<₹250
turnover crores crores
crores

Educational Purpose Only – Created by HARIPRASAD S


❖ The only documents required for the MSME
registration process are Aadhaar card and PAN card.

❖ the process of MSME registration is completely online


and no proof of documents is required.

❖ This is basically because the PAN and goods


and services tax (GST) linked details on investment and
turnover of enterprises that are automatically from the
corresponding government databases.
Educational Purpose Only – Created by HARIPRASAD
Educational Purpose Only – Created by HARIPRASAD S
1) Go to the Udyam Registration portal at https://udyamregistration.gov.in/ and create an account
using your Aadhaar number.

2) Fill in the necessary details about your business, such as its name, address, type of
organization, and bank details.

3) Provide information about the investments made in plant and machinery or equipment for the
manufacturing or service enterprise.

4) Upload the required documents, including Aadhaar card, PAN card, and bank statement.

5) Verify the information provided and submit the application.

6) Once the application is submitted, an acknowledgement with a unique registration number


will be generated.

7) The registration certificate with the Udyam Registration Number will be issued after due
verification of the application.
Educational Purpose Only – Created by HARIPRASAD S
Benefits from MSME Registration
➢ Collateral-free bank loans
➢ Access to international trade
➢ Reduced rate of interest from banks
➢ Subsidy on patent registration
➢ Tax exemption
➢ Protection against delayed payments
➢ Electricity bill concessions
➢ Reimbursement of ISO certification
➢ Marketing and promotion assistance from the
government

Educational Purpose Only – Created by HARIPRASAD S


1

Educational Purpose Only – Created by HARIPRASAD S


Educational Purpose Only – Created by HARIPRASAD S
Educational Purpose Only – Created by HARIPRASAD S
Educational Purpose Only – Created by HARIPRASAD S
Educational Purpose Only – Created by HARIPRASAD S
Educational Purpose Only – Created by HARIPRASAD S
Success

Educational Purpose Only – Created by HARIPRASAD S


Educational Purpose Only – Created by HARIPRASAD S

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