Rs. 999.00 Rs. 999.00

SSI/MSME Registration

Business entities operating on micro, small or medium scale may register under MSME Department of Central Government. It helps them to claim the benefit of many schemes and subsidies by the Government.

Write a review

Please login or register to review

Tags: ssi/msme, registration, registrations

What is Micro, small & medium enterprises?

Previously known SSI registered entities are now known and registered as MSME, i.e.; Micro, Small and Medium Enterprises. MSME stands for Micro, Small and Medium enterprises, categorized based on the annual revenue in business. These entities possess MSME registration certificate, registered with MSME Department of the Central Government under MSME Development Act, 2006. The Act was enacted for the promotion and growth of the businesses operating at small or medium scale.

Where all major activities were eligible for registration under MSME earlier, trading and other few activities are now specifically excluded from eligibility. Although the registration is voluntary, businesses prefer to obtain MSME registration online due to numerous benefits declared by the government.

Benefits of SSI/MSME Registration

Subsidized rates of loan

Loan support to Micro, Small and Medium industry is promoted by the government through -distinctly prescribed norms. The registered entity would be able to get their loans passed at a lower rate of interest and with much ease because of the subsidized rates offered to MSME registrants.

Avail 50% rebate on TM application

Government fees on Trademark Application for entities such as Company, Partnership Firm and LLP are higher compared to individual and proprietorship firms. These entities may claim 50% rebate on the Government fees by submission of MSME registration certificate. Similarly, there is a rebate prescribed in Patent registration also.

Protection against Delayed payment of Buyers

MSME registered businesses enjoy protection against delayed payment of buyers. When the buyers have accepted the goods or services, they are liable to pay on time.

Credit Guarantee Scheme

This is also known as Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE). It is more supportive to small scale industries that provide the credit and income input from various sources to support industries which are under struggle.

Documents required for MSME Registration

PAN Card

PAN Card of shareholders and Directors. Foreign nationals must provide a valid passport.

Aadhar Card

A Copy of proprietor’s Aadhar card or of director(s) or partner(s) in other cases like Udhyog Aadhar Registration

Explore MSME/SSI registration