Udyog Aadhaar / MSME / SSI – Tax Portal

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Udyog Aadhaar / MSME / SSI

Home Udyog Aadhaar / MSME / SSI

Online MSME Registration | Udyog Aadhar

To promote the growth of Micro, Small & Medium Enterprises, the government of India gives various concessions and extends financial assistance exclusively to the units or enterprises which qualifies to be a micro, small and medium enterprises. The Micro Small & Medium Enterprises Development Act 2006 makes it mandatory for MSME to register themselves with government and to obtain Udyog Aadhar for availing benefits provided under MSME Development Act.
The terminology like MSME, SSI or Udyog Aadhar is one and same thing. In other words, there is only one registration which a micro, small and medium enterprises has to obtain and that is UDYOG AADHAR. MSME is the backbone of the modern Indian economy and is considered as the growth engine for equitable and sustainable economic development of the country.
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Documentation of MSME Registration

Udyog Aadhar is a free facility by government, and there is no fee charged by government.
Bank Account Information (bank statement and cancelled cheque).
Address Proof of Establishment, either in the form of a sale deed or valid rent agreement.
PAN Number in case of company, LLP or cooperative society, it is optional in all other cases.
Aadhar number and pan of the applicant, an OTP shall go to his mobile and email id for confirmation.
NIC Code of the products and services in which the enterprises are dealing at the time of registration.

Meaning of Micro, Small and Medium Enterprises Under MSME Act

Micro Enterprise

An enterprise which is engaged in manufacturing can be classified as a Micro Enterprises in case the total investment in its plant and machinery is less than Rs. 25 Lakhs. However in case the enterprise deals in service sector then the said investment must be less than 10 Lakh, during the financial year.

Small Enterprise

An enterprise which is engaged in manufacturing can be classified as a Small Enterprises in case the total investment in its plant and machinery is more than Rs. 25 Lakhs but does not exceed Rs. 5 Crores. However in case the enterprise deals in service sector then the said investment must be more than 10 Lakh but must not exceed Rs. 2 Crores.

Medium Enterprise

An enterprise which is engaged in manufacturing can be classified as a Medium Enterprises in case the total investment in its plant and machinery is more than Rs. 5 Crores but does not exceed Rs. 10 Crores. However in case the enterprise deals in service sector then the said investment must be more than 2 Crores but must not exceed Rs. 5 Crores.

Benefits of MSME in Brief

An MSME is entitled to many benefits such as a reduction in the fee for the filing of trademark, copyright, patent, and design applications. Further, all government department has to necessarily source their supplies from a MSME. The benefits of the MSME Registration is provided in the following section of this page.

Process For MSME/SSI Registration

  • 01

    Complete our MSME Form / SSI Form

    You just need to fill our simple msme regisstration form which would ask about your basic information. In case of ssi registration, a ssi ssi registration form will be filled. This would be required while filing your application with the department.
  • 02

    Preparation of Documents : Days 1-2

    According to the details provided to us, we will draft your documentation accordingly.
  • 03

    Filling MSME/SSI Application : 2 - 3 Days

    According to the details provided to us, we will draft your documentation accordingly.
  • 04

    Your work is now completed

    Once the SSI/MSME application is approved and your MSME certificate/SSI certificate is issued, we shall send it to you via email and courier.

Benefits of Registration as MSME or Udyog Aadhar

01.
EASY AVAILABILITY OF LOAN
Start with placing an order with us. We have ready-maEvery MSME whether in manufacturing sector or service sector is entitled to collateral or mortgage free loan from Bank for an amount up to Rs. 1 Crore through SIDBI under Credit Guarantee Scheme.de plans for you. For any help contact us
04.

CONCESSIONAL ELECTRICITY

TA registered MSME can avail concessional rate of electricity for their unit by making a written application along with the certificate issued after registration as MSME ( Udyog aadhar) to the electricity department.
02.
GOVT. PROCUREMENT PRIORITY
Central or state government departments have been mandated to extend priority treatment to MSME while procuring goods or services for the consumption of goods or services for public purposes.


05.

REBATE IN TAXES

MSME registered under the MSMED Act, 2006 is eligible for many tax incentives and exemption both under the Direct Taxes and Indirect Taxes including GST such as capital gain subsidy schemes under income tax act.
03.

LOW-INTEREST OVERDRAFT

While availing bank overdraft facility from a bank, MSME has a reason to smile as Banks need to offer 1% less interest rate on the overdraft extended to the MSME which is registered with Udyog Aadhar.


06.

MSME CONCILIATION CENTRE

For faster resolution of disputes where MSME is struggling to recover money from other persons, there is a provision of MSME reconciliation centre which may provide for a speedy resolution of dispute and faster recovery.

What is included in Our Nidhi Company Registration Package

Application Preparation

Document submission to MSME registrar

Obtain MSME certificate

FAQ's

Manufacturing and service industry can obtain MSME online registration subject to provided classification. Further, the enterprise can only be registered if the concerned activities are included under the classification provided for the registration purpose.
With notification issued dated 27.06.2017, the ministry has excluded activities of wholesale or retail trading; Fishing and aquaculture; Forestry and logging; and more. Business entities engaged solely into activities falling under such categories cannot make an application for registration.
No, this is a voluntary registration and not compulsory. The entities obtain registration due to benefits and subsidies that are granted by the government in this regards.
Yes, Aadhar card of the applicant is mandatory for udhyog aadhar registration. In case, the applicant is other than a proprietor, Aadhar card of company’s director or LLP’s partner is required.
Yes, the certificate is provided in a soft copy by the Government on the registered email id of the applicant or entity. The certificate is available on Udyog Aadhar portal and can be downloaded with help of applicant’s Aadhar number.

Any entrepreneur having valid Aadhaar Number can apply for MSME Registration Online.

Provisional registration is valid for a period of 2 years from the date of its Issue. In case Unit is not set up during two years, an applicant may apply afresh and obtain a new provisional registration. Permanent registration is granted for a lifetime.

It is computed as per the MSMED act and rules provided their under, but while computing the value of plant & machinery their original value is to be taken into consideration.

Visit LegalDocs and get done MSME registration done in a simple procedure.

Yes, a sole proprietorship firm can apply for MSME registration.

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