MSME Registration Online Process and Documents Required
MSME Registration Online Process and Documents Required
MSME Registration Online Process and Documents Required
In past few years, there is a rapid growth in entrepreneurial culture. Indian government helps to
enhance the growth of small, micro and medium enterprises by initiating few schemes, offers and
subsidies to increase participation of more youths in business sector. This schemes are eligible to avails
tax benefits, concession in electricity, and subsidy on patent registration, local schemes and other
subsidies. Reserve bank of India also gives loans to MSMEs and entrepreneurs at a concessional rate and
help them in their business growth.
Ministry of MSMEs concluded that MSME and SME sector gives almost 70% of Indian GDP. This includes
business like agriculture sector, manufacturing, food and beverages, automotive raw materials, business
and retail sector. To avail this benefits this business companies need to be register under MSME sector
for the growth of business and also make it easier for the governments.
MSME Registration
Government of India launched MSME act to support the MSME through various schemes, subsidies and
yearly incentives. MSME registration stands for Micro, Small and Medium Enterprise Registration, any
company comes under MSME categories needs to ensure they are register under the MSME categories.
With MSME registration, bank also provide loans at lower rate of interest.
The registration required personal details, and details about the business and so on. Aadhar card is must
for Udyam Registration, an application is to be filled online on MSME / Udyam Registration.
2. Fill Application Form - fill the necessary business details such as company name, registration number,
GST number and so on.
4. Executive will process application - the submitted form will be review by our executive and you will be
notified id there any changes or documents required
5. Receive certificate of mail - after completing the form, you will get certificate for MSME registration.
You can download sample copy of MSME certificates. Ministry of MSME will not issue any hard copy for
it. Only gets virtual certificate.
Registering a business under MSME have a certain benefits such as bank loans (collateral free), subsidy
on patent registration, overdraft interest rate exemption, MSME Samadhan: protection against
payments (delay payments), fewer electricity bills and so on...