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MSME Registration

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Get your MSME Registration

MSME registration allows Micro, Small and Medium industries (MSME) to receive various government benefits for their growth. MSME industries form the backbone of an economy in a developing country such as India. These industries are the backbone of a country’s economy. When they grow, it is able to flourish. These industries are also called “small-scale industries (SSIs)”.Although the Government of India has not made MSME registration mandatory, it is a good idea to do so. It provides many benefits, including taxation, credit facilities, loans, and setting up the business.

FREQUENTLY ASKED QUESTIONS

What documents are required for MSME registration?

Mainly two documents are required to register for MSME such as:

What are the benefits of MSME Registration?

  1. Bank loans are now cheaper because of MSME Registration India. The interest rate is around 1-1.5% which is much lower than regular loans.
  2. Credit for minimum alternative tax (MAT), which was previously allowed to be carried forward up to 15 years, was also permitted.
  3. Once a patent is registered, the cost to get it issued or the cost of setting up an industry are reduced as many concessions and rebates are available.
  4. MSME registration makes it easy to obtain government tenders. Udyam Registration Portal integrates with Government e-Marketplace, various State Government portals that give easy access their marketplace and e-tenders
  5. Non-paid MSME amounts are subject to a one-time settlement fee
  6. The MSME registration will allow MSMEs to take advantage of government schemes like the Credit Guarantee Scheme and Credit Linked Capital Subsidy Scheme. Public Procurement Policy, Protection from delayed payments, and the Public Procurement Policy.
  7. MSMEs can be eligible for priority sector loans from banks
  8. MSMEs can take advantage of an exemption from the government’s security deposit, which is beneficial when participating in etenders
  9. In one MSME registration, any number of activities can be added, such as service, manufacturing, or both
  10. Subvention for barcode registration
  11. Exemption scheme for direct taxes
  12. ISO certification fees reimbursement
  13. Concessions on electricity bills

Process to Register for MSME Registration

  • Fill up our online application form
  • Mail documents at info@indiataxhub.in
  • Choose payment option from list
  • Congratulations your registration process is completed, we will send your registration certificates on mail.
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