MSME Registration online

1. MSME Registration Online

2. MSME Registration Online • As a small entity, you can have access to priority tax exemptions, sector lending and capital investment and power tariff grants by registering under UdyogaadharMSME registration online. • MSMEs is nothing but Micro, Small, and Medium Enterprises which contribute primarily to the socio-economicdevelopment in India.

3. Advantages of MSME Registration Online The advantages of MSME Registration Certificate Online in India are as follows: • The rate of interest on loans is much lower when compared to the interest on regular loans. • The bank loans provided to this type of enterprises become extremely cheaper as the rate of interest is very less; it is around 1 to 1.5%, once an individual goes for udyogaadhar new registration in India. • The registered MSMEs are also applicable to get credit for MAT (Minimum Alternate Tax) and it can be carried forward for about 15 years instead of the time period of 10 years; • There are several government tenders which are offered only for the MSME Industries. • The MSME industries are allowed to get easy access to loans and credit. • For registered MSME, the cost receiving an evident is done, or the cost of setting up of the business unit is reduced as many concessions and reimbursements are available to these industries. • The businesses which are registered under MSMEs will get higher preference in the government certification and license process. • There is a One Time Settlement Fee is imposed for all non-paid amounts of MSME certificate.

4. Eligibility criteria for MSME Registration Online • The difference between the services and manufacturing enterprises are removed by the recent Atma-nirbhar Bharat Abhiyaan Economic Package which was announced by the finance minister of India, Nirmala Sitharaman. • The investment amount and annual turnover are made similar for industries or enterprises involved in both the service and manufacturing sectors.

5. Documents needed for MSME Registration Online Listed below are documents and information required for the registration process of MSME Registration in India: • Aadhar Card of the applicant • Name of the Owner-as in the Aadhar Card; • The social category of the applicant- • Gender and Physical status of the applicant- physically disabled or not; • Name and type of enterprise; • PAN Number, Official Address of the enterprise’s plant • Date of incorporation of the business • The PAN Number • Details of the previous registration of the enterprise, if any; • Bank details of the enterprise; • The business operations of the enterprise-  "Service." or "Manufacturing"

6. Procedure of MSME Registration online • First of all, the applicants are required to fill the necessary details required in the Registration application form for the Registration of MSMEs and then submit the application form for Registration to the concerned department. The step of filing of the application form can be begun either online or offline. • Gather and collect all the required documents as prescribed in the MSME Registration Application form. Usually, the process of collecting all the needed documents takes about 1 to 2 working days to reach the next Registration step. • The applicant is required to upload the necessary documents and submit the application form to the Registrar of udyogaadharmsme. The regulatory authorities do the processing and verification of the authenticity or validity of the documents submitted by the applicant. This verification and processing take around another 2 working days.

7. Company Registration Services in Chennai For registering a New company/startup or any other Related Query Contact us- No.13/22, 1st & 2nd Floor, West Karikalan Street, Adambakkam, Chennai, Tamil Nadu 600088 phone: 7305 345 345 Email: support@kanakkupillai.com