Msme Ssi Registration in just  3000/-

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Msme Ssi Registration

If you have a small business where your investment in plant and machinery does not exceed INR 10 crore (INR 5 crore service provider) you can become a small, medium or micro enterprise. It is best to take MSME registration due to its benefits such as availability of Loan, Government recognized entity, to avail any subsidies or tax benefits that are provided by Government only to the MSME/SSI.

What will you get?

  • Unlimited consultancy
  • MSME certificate

Documents Required for Msme/Ssi Registration

  • Amount of investment in plant and machinery
  • Number of employees
  • Aadhar card
  • PAN card
  • Name of business
  • Bank account number and ifsc code
  • Email id
  • Contact number that is linked with your Aadhar card

      FAQ

Although, there is no compulsion to get MSME registration but is always advised to do so as it provides lots of benefits to the enterprises registered under MSME Act. It will save you from a lot of inconveniences later on. After assigning you the Provisional MSME Certificate and you can begin with your production and even apply for a Permanent Certificate which will add more advantages for you. Always apply for provisional registration at an initial stage of the business.

As said above, SSI/MSME registration is totally voluntary. Businessmen and entrepreneurs usually get this done to utilize the advantages offered under it. The registration process is quite easy and simple. You can easily avail it (provided you have a manufacturing plant or a commercial space where you render services), many businesses opt for it over other registrations

It is advisable to get a Provisional SSI Registration Certificate (PRC) before starting your operation in your enterprise. The PRC will work smoothly for you and will help you out with particular NOCs and clearances from regulatory bodies.

The validation of a PRC is for 5 years and if the unit is still not under operational then you may still re-apply for it. As soon as you start with your operations, you can easily apply for the Permanent License.

MSMEs are recognized by all the institutions and banks. Special schemes are drafted to recognize them as well. Banks prefer MSMEs instead of normal enterprises to lend loans. The possibility of getting a sanctioned loan is much higher in a case of MSME. Bank loan interest rates will also be lower. There may also be preferential treatment in case of delay in repayment

Many state government prefers enterprises which are registered under MSMED Act. Subsidy such as on power, taxes, and much more is offered by state governments. In most of the states, sales tax exemption is provided purchase preferences is given on goods produced. The enterprise may also relish excise exemption scheme and exemption from certain direct taxes in the initial years of your business

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