What Is Included In Our Package?
What Is Included In Our Package?
- Government Registration Fees
- Application Preparation
- Document submission to MSME registrar
- Obtain MSME certificate
MSME/SSI Registration
MSME/SSI Registration
Small Scale Industries (SSI) or Micro, Small and Medium Enterprises (MSME) can register themselves under the MSMED Act. The main purpose of Registration is to maintain statistics and maintain a roll of such units for the purposes of providing incentives and support services. It is not mandatory to get registered under this act but it is highly recommended because of following inherent features attached to it, which are:-
- Priority sector lending, differential rates of interest
- Exemptions under GST and Income tax,
- Capital investment subsidies and power tariff subsidies
- Statutory support such as reservation and the Interest on Delayed Payments Act
- Certificate obtained can be used for all legal purposes and smooth implementation of business under various schemes framed by the government from time to time.
Both Manufacturing and Service sector can apply for this registration.
So in case you are planning to register your concept and business beneath MSMED act registration can be taken in just 2-3 working days through Salahkari.com from everywhere in India.
Both Manufacturing and Service sector can apply for this registration.
So If you are planning to register your concept and business under MSMED act registration can be taken in just 2-3 working days through Salahkari.com from anywhere in India.
SMALL ENTERPRISE
A Small Enterprise in the manufacturing sector is an enterprise with more than Rs. 25 lakhs but not exceeding Rs. 5 crores of investment in plant & machinery. A Small Enterprise in the service sector is an enterprise with more than Rs. 10 lakhs but not exceeding Rs. 2 crores of investment in plant & machinery.
MEDIUM ENTERPRISE
A Medium Enterprise in the manufacturing sector is an enterprise with more than Rs. 5 crores but not exceeding Rs. 10 crores of investment in plant & machinery. A Medium Enterprise in the service sector is an enterprise with more than Rs. 2 crores but not exceeding Rs. 5 crores of investment in plant & machinery
MICRO ENTERPRISE
A Micro Enterprise in the manufacturing sector is an enterprise with less than Rs. 25 lakhs of investment in plant & machinery. A Micro Enterprise in the service sector is an enterprise with less than Rs. 10 lakhs of investment in plant & machinery.
Frequently Asked Questions
Although, there is no compulsion to get MSME registration but is always advised to do so as it provides lots of benefits to the enterprises registered under MSME Act. It will save you from a lot of inconveniences later on. After assigning you the Provisional MSME Certificate and you can begin with your production and even apply for a Permanent Certificate which will add more advantages for you. Always apply for provisional registration at an initial stage of the business. MSME registration?
A Medium enterprise engaged in the manufacture or production of goods has to compulsorily register under the MSMED Act. For other Enterprises the registration is discretionary or optional.
Any person, having valid Aadhaar Number, can apply for MSME Registration Online
It is advisable to get a Provisional SSI Registration Certificate (PRC) before starting your operation in your enterprise. The PRC will work smoothly for you and will help you out with particular NOCs and clearances from regulatory bodies.
Any government photo identity proof required for MSME Registration / SSI Registration
Manufacturing Sector a. Micro Enterprises – Till 25 lakh b. Small Enterprises – 25 lakh – 5 cr. c. Medium Enterprises – 5cr-10cr
For the purpose of Service Sector a. Micro Enterprises – Till 10 lakh b. Small Enterprises – 10 lakh-2 cr c. Medium Enterprises – 2cr -5 cr
The validation of a PRC is for 5 years and if the unit is still not under operational then you may still re-apply for it. As soon as you start with your operations, you can easily apply for the Permanent License.
Many state governments prefer enterprises which are registered under MSMED Act. Subsidy such as on power, taxes, and much more is offered by state governments. In most of the states, sales tax exemption is provided purchase preferences is given on goods produced. The enterprise may also relish excise exemption scheme and exemption from certain direct taxes in the initial years of your business
Don’t worry, just fill the mentioned details & contact the professionals of SALAHKARI TEAM and we will guide you with the complete process.
If you are currently running small-scale industries(SSI) in India then you need to get the registration of SSI to avoid future conflicts. There is no such term as SSI License. Once you will be done with your SSI Registration, then you will get an SSI certificate which would be valid for any small scale industry.