DOCUMENTS COLLECTION
We will require basic documents & bank details to register under MSME.
Micro-Small & Medium Enterprises (MSMEs) make contributions in large part in the socio-economic improvement of our country. MSMEs come below the Ministry of Micro, Small & Medium Enterprises and are required to be registered to avail benefits below the Micro, Small and Medium Enterprises Development (MSMED) Act. MSME registration is highly important, as it allows those enterprises in availing benefits from various government initiated schemes. MSMEs are classified in categories, such as manufacturing and carrier enterprises.
Benefits of MSME Registration
The classification of MSME for both goods and services organisation is done on the basis of the turnover and is as follows:-
| Classification | Turnover |
|---|---|
| Micro Enterprise | Upto Rs. 5 Crores & Investment Upto Rs 1 Crores. |
| Small Enterprise | Rs. 5 Crores to Rs. 50 Crores & Investment Upto Rs 10 Crores. |
| Medium Enterprise | Rs. 50 Crores to Rs. 100 Crores & Investment Upto Rs 20 Crores |
We will require basic documents & bank details to register under MSME.
A Minimum of one and a maximum of 2 working days are required to prepare all the filing documents.
Taxlad.in can Register for MSME in 1 to 2 days.
Once the Documents are submitted & Approved,MSME certificate will be generated.
Any type of business can apply for MSME registration.
For MSME registration, Aadhaar card is mandatory.
Yes MSME can get collateral free loan amount.
Government has initiated paperless work, so no physical copy is issued. However, the authority emails the certificate instead.
The documents required for MSME registration are mentioned below:
MSME loan is a type of loan which is provided to Micro small and medium enterprises.
Yes, a sole proprietorship firm can apply for MSME registration.
No, MSME holder requires no minimum experience.
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