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सूक्ष्म, लघु और मध्यम उद्यमों पंजीकरण कंसल्टेंसी सेवा
REGISTRATION CONSULTANCY FOR MICRO, SMALL & MEDIUM ENTERPRISES
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WHAT IS MSME REGISTRATION

MSME registration refers to the process of registering a business entity as a Micro, Small, or Medium-sized Enterprise (MSME) in India. MSMEs play a crucial role in the country's economy, and the government has established specific criteria and benefits to support their growth and development.

KEY POINT FOR MSME REGISTRATION

Classification of MSMEs:

MSMEs are categorized into three groups based on their investment in plant and machinery or equipment and their annual turnover. These classifications are as follows:

  • UMicro Enterprise: An enterprise with an investment of up to Rs.1crore and an annual turnover of up to Rs.5crore.

  • Small Enterprise: An enterprise with an investment of up to Rs.10crore and an annual turnover of up to Rs.50crore.

  • Medium Enterprise: An enterprise with an investment of up to Rs.50crore and an annual turnover o


Benefits of MSME Registration:

Registering as an MSME in India offers several benefits, including:

  • Access to government schemes and incentives for financial assistance, technology upgradation and marketing support

  • Easier access to credit with preferential interest rates from banks and financial institutions.

  • Priority in government procurement tenders, with certain reservations for MSMEs. Exemptions or reduced rates for certain taxes, such as GST (Goods and Service Tax).

  • Enhanced market access and opportunities for business collaborations.

  • ESupport for export promotion and international trade fairs.


LAST UPDATED ON : 15/04/2024
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