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Chartered Help

Opp. GIP Mall Sector-18, Noida, Hyderabad, Telangana

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MSME Registration Service

Leading Service Provider of MSME Registration Service from Hyderabad.

MSME Registration Service
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WHAT IS MSME REGISTRATION

Full form of MSME is Micro Small and Medium Enterprises. To support or promote small scale industries i.e. MSME Government of India has started various schemes and incentives. For availing such incentives MSME Registration is mandatory. Only these three types of enterprises i.e. 1. Micro Enterprises 2. Small Enterprises 3. Medium Enterprises are eligible to take benefits of government schemes and incentives announced under Micro, Small and Medium Enterprise Development (MSMED) Act, 2006. MSME Registration online received after filing MSME Registration Application Form. MSME Registration is also called Udhyog Aadhar Registration.

ELIGIBILITY CRITERIA FOR MSME REGISTRATION

Only Manufacturing Company and Service Company can take MSME Registration. Traders are not allowed to get MSME Registration. The manufacturing company can be in the business of manufacturing of any type of product/goods. The service company can be in the business of providing any type of services.

CLASSIFICATION CRITERIA OF MSME CLASSIFICATION

For a manufacturing company, MSME Classification is based on investment in Plant and Machinery and for a service company, MSME Classification is based on Investment in Equipment.

  MICRO SMALL

MEDIUM

Manufacturing Company/ Enterprises

Upto Rs 25,00,000

Upto Rs 5,00,00,000 but more than Rs. 25,00,000

Upto Rs 10,00,00,000 but more than Rs. 5,00,00,000

Service Company/ Enterprises

Upto Rs 10,00,000

Upto Rs 2,00,00,000 but more than Rs. 10,00,000

Upto Rs 5,00,00,000 but more than Rs. 2,00,00,000

MSME REGISTRATION BENEFITS
S.  No.  Particulars Remark

1

Easy availability of Bank loan The government has started various schemes regarding easy and collateral free bank loan for MSME e.g. Mudra Loan & other MSME Loan. Even the rate of interest is lower as compared to other loans for MSME. GST Registered MSME can now get 2% interest subvention from Government for incremental loans of Rs 1 crores under the MSME Credit Scheme. MSME Registration online is also required in MSME Loan in 59 Minutes

2

Proof of Business Existence Some bank is considering MSME registration certificate as proof of business and open bank account on the basis of MSME Registration.

3

Easy Opening & Maintaining of Current Account                                                                                                                                                      Normally bank opens MSME current account with minimum initial deposit amount even some banks are offering lifetime zero minimum balance account for MSME.

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Chartered Help313, Vishal Chambers, Opp. GIP Mall Sector-18, Noida, Hyderabad-203205, Telangana, India

Raghu Vamsi Krishna (Manager)

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