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MSME Registration Guide for Cleaning Services

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Suhas Lucia
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27 views1 page

MSME Registration Guide for Cleaning Services

Uploaded by

Suhas Lucia
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

1.

Understand MSME Classification


Your cleaning service business will likely fall under the micro enterprise category if:
• Investment in Equipment: ≤ ₹1 crore.
• Turnover: ≤ ₹5 crore.
If you plan to expand later, you may move to the small enterprise category.

2. Documents Required for MSME Registration


• Aadhar Card: In the name of the business owner or proprietor.
• PAN Card: For the individual or the business entity.
• Bank Details: Current account or savings account details with IFSC and branch name.
• Business Details:
• Name and type of enterprise (e.g., Sole Proprietorship, LLP, etc.).
• Address of the business.

3. Benefits of MSME Registration


1. Financial Benefits:
• Priority in obtaining loans at lower interest rates.
• Access to collateral-free loans under the Credit Guarantee Fund Scheme (CGTMSE).
2. Tax Benefits:
• Certain tax exemptions and concessions.
3. Government Schemes:
• Eligibility for subsidies on patents, trademarks, and ISO certifications.
• Participation in government tenders with easier compliance.
4. Other Advantages:
• Protection against delayed payments under the MSME Act.

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