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MSME registration

Register your business with India's leading consultancy firm. .CharteredMunshi's price for MSME registration is INR 999* including GST.

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What's for you

 

MSME certificate

Documents required from members
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  • Company Name

  • Aadhar & PAN card.

  • Office Address Proof

  • Photo ID proof

  • Passport size photo

  • Email and phone number

Documents required for registered office address
 

  • Electricity bill/Gas bill/mobile bill

  • NOC from the landlord if premises is rented.

MSME

MSME stands for Micro, Small and Medium Enterprises. Its registration is referred as Udyog Aadhar. MSME registration is beneficial for your business as it’s much easier to get credit facilities and loans under this. One can get current accounts registered very quickly by registering in MSME. There is no question of return filing.
MSME Micro, Small and Medium Enterprises are classified in two classes.

  • Manufacturing Enterprises

  • Service Enterprises

What is MSME ?

  • MSME full form is the "Ministry of Micro, Small and Medium Enterprises". It is a branch of the Government of India. It is the apex body for formulating and administering micro, small and medium-sized business rules regulations and laws in India.

    The Ministry of Small Scale Industries and Agriculture and Rural Industries was established in October 1999. In September 2001, the Ministry was divided into the Ministry of Small Scale Industries and the Ministry of Agriculture and Rural Industries. The President of India amended the rules of the Government of India (Allocation of Business) in 1961, pursuant to a notice dated 9 May 2007. In accordance to this amendment, they were merged into one ministry.

    Facilities provided by MSME include:

  • Testing, tooling, learning for the growth of entrepreneurship.

  • Project planning and product profiles.

  • Technical and management consultancy.

  • Export assistance.

  • Pollution and energy audits

Classification Of MSME

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MSME enterprises in manufacturing sector can be classified according to the amount invested in plants and machinery:

  • Micro enterprises:

    Entities investing less than INR 25 lakhs in plant and machinery.

  • Small enterprises:

    Entities investing between INR 25 lakhs and INR 5 Crores in plant and machines.

  • Medium enterprises:

    Entities investing between INR 5 Crores and INR 10 Crores in plant and machinery.


MSME companies in the service sector can be classified on the basis of the amount invested in equipment.

  • Micro enterprises:

    Entities investing less than INR 10 lakhs

  • Small enterprises:

    Entities investing more than INR 10 lakhs but less than INR 2 Crores.

  • Medium enterprises:

    Entities investing more than INR 10 lakhs but less than INR 2 Crores.

Why Register For MSME?

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  1. Priority Credit: Is MSME beneficial in loans?

    Whether you're a proud owner of a state-of-the-art technology business or a small scale packaging company, employing rural women, credit, and making loans is something that your business will undoubtedly require for long-term and short-term funding. Banks, in accordance with the directions issued by Reserve Bank of India, have certain allocated funds which must be made available on a mandatory basis to MSME companies.

  2. Fewer interest rates and access to higher credit: In the absence of collateral protection (any property/cash provided as leverage against a loan), it may be extremely difficult for many business owners to secure a loan to start in their industry. With an MSME registration on MSME portal, all banks are specifically instructed to offer loans at lower interest rates than standard, and this can be used by multiple banks to meet their financing requirements.

  3. Exemption from income tax: In the absence of this certification, there are several advantages that can save a big sum that can be taxable. Businesses have the advantage of a statutory tax base, which relieves one from keeping comprehensive account books and auditing procedures.

How Do I Register Myself For MSME?

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  1. The Aadhar number is now mandatory for registration under the MSME Act.

  2. Applications must be filed online using Udyog Aadhar Registration, and it can be verified by e-Aadhar OTP.

  3. Provisional registration shall be granted in the first five years if an entity has not yet started its business.

  4. During this period, it may obtain loans from banks and adhere for various NOCs from regulators.

  5. Once an entity begins to operate, it may apply for a permanent license that is valid for a lifetime, unless it is cancelled.

  6. For the best MSME consultant in Noida, contact CharteredMunshi

Why CharteredMunshi ?

We value all our customers and attempt to offer our services as though they were our 'first client'. We ensure that the process is fast and smooth. Unlike others, we do not outsource our work and offer in house services coming through our specialists who are experts in their respective fields. We will assign you a dedicated manager who will support you from the start to end of the process and address any queries that you might have.

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With every service we provide 

  • Free consultation and meetings for the understanding scope of work.

  • Updates on various regulations and compliances.

  • Assisting in opening a current account.

  • A dedicated manager for clearing your doubts.

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