MSME Registration

Registering your business as an MSME unlocks numerous benefits and government schemes. Don’t miss out on these advantages—Contact Kaares Bharat now for seamless MSME registration!

What is MSME Registration?

Micro, Small, and Medium Enterprises (MSME) registration is a government initiative to promote and support small businesses in India. It provides various benefits, including tax exemptions, credit facilities, and subsidies. MSME registration is governed by the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006.

Who Should Register for MSME?

Any business falling under the following categories can apply for MSME registration:

Micro Enterprises: Investment in plant & machinery or equipment up to ₹1 crore and turnover up to ₹5 crores.
Small Enterprises: Investment up to ₹10 crores and turnover up to ₹50 crores.
Medium Enterprises: Investment up to ₹50 crores and turnover up to ₹250 crores.

MSME registration is available for proprietorships, partnerships, private limited companies, LLPs, and other business entities.

Benefits of MSME Registration

Collateral-Free Bank Loans

Registered MSMEs can avail collateral-free loans under government schemes like the Credit Guarantee Fund Scheme (CGTMSE).

Priority Lending & Easy Credit

Banks and financial institutions offer low-interest loans with priority sector lending benefits.

Reimbursement of ISO Certification Costs

MSMEs can get reimbursement of expenses incurred in obtaining ISO certifications.

Subsidies & Tax Benefits

MSMEs get income tax exemptions, credit-linked capital subsidies, and lower electricity bills.

Government Tenders & Preference

Registered MSMEs get preference in government tenders and exemptions from Earnest Money Deposits (EMD).

Protection Against Delayed Payments

Under the MSMED Act, 2006, buyers must pay MSMEs within 45 days, and interest is charged on delayed payments.

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Process of MSME Registration

MSME registration is a 100% online process via the Udyam Registration portal. The steps include:

Step 1: Visit the Udyam Registration Portal

Go to the official MSME Udyam Registration portal.

Step 2: Enter Aadhaar Details

Proprietorship: Aadhaar of the proprietor
Partnership: Aadhaar of the managing partner
Company/LLP: Aadhaar of the authorized signatory

Step 3: Provide Business Details

Business name, type, and PAN number
Bank account details
Investment in plant & machinery/equipment
Annual turnover details

Step 4: Verification & OTP Authentication

Enter the OTP received on the Aadhaar-linked mobile number.

Step 5: Udyam Registration Number Issued

After submission, an MSME Registration Certificate is generated instantly.

Documents Required for MSME Registration

MSME registration does not require physical documentation. However, the following details must be provided:

Aadhaar Card (Mandatory for proprietors, partners, or directors)
PAN Card
GSTIN (if applicable)
Business address proof
Bank account details
Investment in plant & machinery/equipment proof
Turnover details (Income Tax Return or financial statements)

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Timeline for MSME Registration

The MSME registration process is quick and hassle-free. If all details are correctly entered, the Udyam Registration Certificate is generated immediately upon submission.