Registrations
MSME Registration
MSME Registration in India: Boost Your Business Growth
Empowering Small and Medium Enterprises
Are you a proud owner of a micro, small, or medium enterprise (MSME) in India? Consider MSME registration to unlock a treasure trove of benefits and propel your business to new heights. This guide by Ease Compliance explains everything you need to know about MSME registration in India.
What is an MSME?
An MSME is a business classified based on its investment in plant and machinery and annual turnover. The Government of India categorizes MSMEs as:
- Micro Enterprise: Investment < Rs. 1 crore, Turnover < Rs. 5 crore
- Small Enterprise: Investment < Rs. 10 crore, Turnover < Rs. 50 crore
- Medium Enterprise: Investment < Rs. 50 crore, Turnover < Rs. 250 crore
Why Register Your MSME?
MSME registration unlocks a plethora of advantages for your business, including:
- Financial Benefits: Access to government loans, subsidies, and schemes with easier terms and lower interest rates
- Tax Incentives: Enjoy tax exemptions, rebates, and concessions offered by the government to MSMEs.
- Priority Procurement: Participate in government tenders specifically allocated for MSMEs, boosting your market reach
- Reservation in Public Procurement: Avail benefits like price preference and relaxation in tender conditions for specific products.
- Subsidy on Patent Registration: Reduce the cost of protecting your intellectual property.
- Industrial Estate Benefits: Establish your business in designated industrial areas with infrastructure and facilities at subsidized rates.
Documents required
Documents Required (Simple and Paperless!)
- Aadhar, PAN, GST Certificate (if available)
- Mobile No. & Email Id
- Social Category (General/ST/SC/OBC)
- Cancelled Cheque Photo for Bank Details (Name, IFSC, A/c Number)
- Number of Persons Employed
Our Consulting Expertise
MSME registration can unlock a world of possibilities for your business. At Ease Compliance, we offer comprehensive MSME registration services to guide you through the entire process. Our team of experts will ensure a smooth and efficient registration, allowing you to focus on what matters most – growing your business.