SSI/MSME Registration/udyam registration/udyog aadhar registration

Small scale industries play a vital role in the socio-economic development of India. To promote and encourage these small-scale industries, the government of the country created the MSMED Act. To avail the benefits under the MSMED Act, register through Taxbeta. Here is what our service includes:

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What Is SSI/MSME Registration/udyam registration/udyog aadhar registration ?

MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. MSME enterprises are the backbone of any economy and are an engine of economic growth, promoting equitable development for all. Therefore, to support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.

  • Lesser interest rates
  • Excise exemption scheme
  • Subsidies in tax
  • Other support

Advantages

Lesser interest rates

Due to the MSME registration, the bank loans become cheaper as the interest rate is very low than interest on regular loans.

Tax Rebates

It allowed credit for minimum alternate tax (MAT) to be carried forward for up to 15 years instead of 10 years.

Higher Preference

Business registered under MSME are given higher preference for government license and certification.

Government Tenders

There are many government tenders which are only open to the MSME Industries.

Minimum Requirement

Steps

  • 01
    You need to collect and organize all the document
  • 02
    Go to the online portal and file the application for MSME registration.
  • 03
    File a single form and the provide the documents that are required
  • 04
    Provide self certify the documents
  • 05
    Complete the registration process
  • 06
    Registration number will be allotted to you.

Process

  • Collect and organize Document

    First, you need to collect and organize the following documents: Address proof of the business, copies of the sale bill and the purchase bill, partnership deed and MoA and AoA, copy of licenses, bills of the machinery used in the company.

  • Application for MSME registration

    Go to the online portal and file the application for MSME registration. If you want to register for more than one industry, then you can also do individual registration.

  • Filing a Single Form

    File a single form and the provide the documents that are required: Aadhar Number, Name of the industry, Bank details.

  • Complete the Registration Process

    Complete the registration process and you shall be granted with a Registration number.

What all you get

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