MSME / Udyog Aadhar Registration India
IMPORTANT POINTS
Get Started by Paying Rs. 2000/-
All About MSME / Udyog Aadhar Registration
What is MSME Registration?
MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. MSME enterprises are the backbone of the economy and are an engine of economic growth, promoting equitable development for all. Micro, Small and Medium sized enterprises in both the manufacturing and service sector can obtain MSME Registration under the MSMED Act.
Is MSME/Udyog Aadhar Registration is Mandatory?
The MSME/Udyog Aadhar Registration is only needed to avail of benefits, subsidies provided by government to small scale industries and service providers time to time. It is absolutely voluntary. However, as it is a fairly easy registration to get quickly (provided you have a manufacturing plant or a commercial space where you render services), many business opt for it over other registrations.
Key Benefits of MSME Registration
- Cheaper bank loans
- Tax Benefits
- Tender preferences
- Access to Mudra loan scheme
Learn about MSME/Udyog Aadhar Registration
Learn everything about MSME/Udyog Aadhar Registration in India through our learning center.
What are the benefits of MSME Registration?
There are multiple benefits available to an organization registered under MSME and some of them are:
Cheaper Bank Loans
You can get cheaper bank loans to expand your commercial ventures efficiently.
Tax Benefits
Enjoy multiple tax benefits and government exemptions designed for registered enterprises.
Tender Preferences
Gain competitive tender preferences for government projects and procurement.
Access to Mudra Loan Scheme
Obtain direct access to specialized government financial support and Mudra loan schemes.
Documents Required for MSME/Udyog Aadhar Registration
We need all documents in scan form. No hard copies are needed
Only Three Documents are Required
Proof of Establishment
Sale Deed or Rent Agreement
Bank Documentation
Bank Statement or Canceled Cheque
Authorized Person Identity
Aadhar Card and Pan Card of the Authorized Person
MSME/Udyog Aadhar Registration Process
It takes approx 2 Days to get the Memorandum of Udyog Aadhar
Document and Information Validation
We collect the information and verify documents before proceeding for filing.
Application Filing
Once we collect the information, we file the application for Udyog Aadhar.
Finally Registered
Once Application Submitted, Acknowledgment and Memorandum for Udyog Aadhar under MSME Act gets generated.
Features of MSME/Udyog Aadhar Registration
MSME Registration is an optional / voluntary Registration under the MSMED Act that provides Micro, Small and Medium size enterprises with a bunch of benefits and access to subsidies and schemes launched by Government of India timely.
Easy access to bank loans schemes
For Eg: Access to Mudra loan scheme
Cheaper credit/overdraft facilities available
Lower operational credit barriers for growing enterprises.
Several Tax Benefits to MSME Organizations
Special regulatory exemptions and fiscal advantages.
What MSME Enterprises Means?
Micro Enterprises
Micro enterprises are the smallest entities, of course. Micro manufacturing enterprises have investment of less than Rs. 25 lakh in plant and machinery, while micro service enterprises have investment of less than Rs. 10 lakh invested.
Small Enterprises
Small manufacturing enterprises may have between Rs. 25 lakh and Rs. 5 crore invested in plant and machinery, while small service enterprises may have between Rs. 10 lakh and Rs. 2 crore invested.
Medium Enterprises
Medium manufacturing enterprises may have between Rs. 5 crore and Rs. 10 crore invested in plant and machinery, while medium service enterprises may have between Rs. 2 crore and Rs. 5 crore invested.
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