Advice

What is the process for MSME registration?

What is the process for MSME registration?

Aadhaar Card and PAN Card are the only documents required for MSME registration. MSME registration is fully online and no proof of documents is required. PAN and GST linked details on investment and turnover of enterprises will be taken automatically by the Udyam Registration Portal from the Government databases.

How many days it will take to get MSME certificate?

Submit the application process. Now, the verification will be done which can take up to 2 working days. Once the application is approved registration will be done. MSME registration certificate will be delivered to your doorstep.

Who can take MSME registration?

Proprietorships, Hindu Undivided Family, Partnership Firm, One Person Company, Limited Liability Partnership, Private Limited Company, Limited Company, Producer Company, any association of persons, co-operative societies or any other undertaking can obtain MSME registration in India.

READ ALSO:   Why is operations management so important?

Is GST required for MSME registration?

MSME registration process is fully online, paperless and based on self-declaration. No documents or proof are required to be uploaded for registering an MSME. Only Adhaar Number will be enough for registration. Having PAN & GST number is mandatory from 01.04.

How much does MSME registration cost?

The MSME registration is free of cost and is categorized under two main categories, such as manufacturing enterprises and service enterprises.

Is MSME exempted from GST?

A significant number of MSMEs have an annual turnover less than the threshold limit and thus exempted from registration under the GST Act.

What services are covered under MSME?

List of MSME Businesses

  • Leather products.
  • Moulding – This includes products like combs, umbrella frames, plastic toys, etc.
  • Natural Fragrance and Flavours.
  • Placement and Management Consultancy Services.
  • Training and Educational Institute.
  • Energy Efficient Pumps.
  • Xeroxing.
  • Beauty Parlour and crèches.