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What is MSME?

MSME is Micro, Small and Medium Enterprise. MSME is enacted by The Government of India under (MSMED) Act, 2006. They are small size entities defined in terms of their investment. The  Micro, Small & Medium Enterprises (MSME) are classified in two Classes:

  • Manufacturing Enterprises: The manufacturing enterprises engaged in the manufacture of production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951 or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use. The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery.
  • Service Enterprises: The enterprise engaged in providing or rendering of services and are defined in terms of investment in equipment.

What benefits you can get from MSME Registration?

MSME registration will give you bundle of benefits

 

  • You will get a rebate of Rs. 4500 per Trademark application for registration.
  • You can get easy loan from bank & other financial institutions.
  • State & Central government rebates and tax concessions can availed by you.
  • You can take the benefits of marketing assistance and export promotion schemes.

Who can apply for MSME Registration?

Following Firm / Company can apply for MSME Registration

  • Proprietorship Firm
  • Partnership Firm
  • Limited Liability Partnership Firm (LLP)
  • Pvt. Ltd. Company
  • Limited Company
  • HUF
  • Trust
  • Any other type of entities doing business for e.g. Society / Self Help Group/ Co-operative

Following investment in Plant & Machinery is required for MSME Registration

 

 

Enterprise Category

Manufacturing Sector

Service Sector

Investment in Plant & Machinery (Amount in Rupees)

Investment in Equipment (Amount in Rupees)

Micro Enterprise

Upto 25 Lakhs

Upto 10 Lakhs

Small Enterprise

Above 25 Lakhs – upto 5 Crores

Above 10 Lakhs – upto 2 Crores

Medium Enterprise

Above 5 Crores – upto 10 Crores

Above 2 Crores – upto 5 Crores

How can you obtain MSME Certificate?

  • MSME Certificate is generated on the basis of Aadhar Number.
  • It is required to link your mobile number with Aadhar Number to generate MSME Certificate.
  • If your mobile number is not linked with Aadhar, submit any approved Government ID Proof e.g. Pan Card, Passport.
  • We offer value-added support to our clients to get MSME certificate. We do not charge any fees for this service.
  • You are required to submit the Information Form with ALL DETAILS to process for MSME Certificate. The Form to be emailed to new@ipronline.com