MSME Udyam Registration

MSME (Udyam) Registration

Get 100% assistance for online MSME registration from Certifications Bay – an action-oriented consultancy firm that invests sustained efforts to complete the registration process. Contact our experts now for online SSI registration.

What is MSME Udyam Registration?

MSMEs play a crucial role in the socio-economic development of countries like India.

With approximately 6.3 crore MSMEs, this sector has seen an 18.5% YoY increase in registration. Moreover, it contributes around 29% of GDP through national and international trade.

The online MSME certificate, also known as UdyogAadhar or LaghuUdyog, is essential for Small Scale Industries (SSIs). This certification classifies enterprises into different categories – micro, small, or medium – depending on their investment in manufacturing or service sectors.

Is it mandatory to obtain MSME certificate?

Acquiring an MSME certificate is recommended to avail the benefits associated with it.

What is the key benefit of obtaining an MSME certificate?

The primary advantage of registering for MSME online is that it offers recognition to businesses through a unique number.

Additionally, as the MSME sector expands, it leads to economic growth and generates more employment opportunities.

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Advantages of MSME Registration

By obtaining an MSME registration, businesses become eligible for Industrial Promotion Rate subsidy.

It enables businesses to avail the benefits of various government schemes.

MSME registration can also help businesses avail loans at a lower rate of interest.

MSME registration can provide tax benefits related to central excise and direct taxes for businesses in their initial years.

Businesses with MSME registration can also avail benefits related to sales tax and other subsidies provided by the government.

MSME registration can help reduce the cost of trademark and patent registration for businesses.

Types of MSMEs

Manufacturing Enterprises:

As the name suggests, manufacturing enterprises engaged in the production of goods mentioned in Schedule I of the Industrial Act, 1951 fall under the manufacturing MSME category. The classification of these enterprises is based on their investment in plant and machinery.

Service Enterprises:

Service-based enterprises that offer various types of services fall under the service MSME category. These enterprises are classified based on their investment in equipment, unlike manufacturing enterprises which are classified based on their investment in plant and machinery.

MSME Registration Documents

The documents required for online MSME registration vary depending on the type of firm.

Proprietary Firm

Address proof of the firm.
Certificate of shops and establishments.

LLP or Partnership Firm

PAN of the entity.
Address proof of entity.
Partnership deed and LLP agreement.

Private limited company or OPC

PAN of company.
Address of company.
Certificate of a corporation.
Memorandum of Association (MoA) and Article of Association (AOA).

Our Role in MSME Registration Process

We will guide and educate you about every aspect of both offline and online MSME registration.
To ensure accuracy and avoid any errors, our online MSME consultants provide a guarantee to assist you throughout the online SSI registration process.
We will provide you with the best assistance in the documentation and evaluation process of MSME registration online.
Our MSME registration consultants work with proficiency and expertise, ensuring proper follow-ups with MSME officials to provide seamless assistance in the registration process.
We will help you keep track of the progress of your MSME registration and certification.
Our online MSME consultants are dedicated to providing the best possible solutions to any queries related to MSME registration.

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Conclusion

At Certifications Bay, we provide high-quality services at reasonable prices. Our focus is on delivering exemplary experiences to our clients.

Obtaining an MSME Certificate or registration online can be a complex and time-consuming process. However, our team of experienced and professional personnel can provide you with excellent services while addressing your concerns.

Contact our MSME registration consultants today for expert and professional assistance with MSME registration or MSME Certificate online.