To register your business as an MSME, you need to provide some basic information about your business, such as name, address, type of enterprise, investment in plant and machinery or equipment, or turnover. more
Join the digital revolution with these easy-to-follow instructions for obtaining a MSME Registration! more
For getting registered as an MSME, you need to submit the following documents! more
MSME stands for Micro, Small, and Medium Enterprises. These are the businesses that are engaged in the manufacturing, processing, and production of goods and services.
Every business owner has to register themselves on the UDYAM Portal. Once they have done so, they are categorized into micro, small, medium, and large businesses based on their investments and turnovers. Upon successful registration, they are given a certificate according to their category. These certificates are known as MSME certificates.
No, you do not need to renew your MSME registration certificate as these certificates never expire. Once you successfully register yourself on the UDYAM Portal, the certificate provided by them is valid as long as the business is intact..
Every company or business whose investment lies between 1 Crore to 50 Crore and whose turnover lies between 10 Crore to 250 Crore is eligible for MSME registration. Keep in mind that MSME is only for businesses, i.e., only a company can register for MSME whereas an individual cannot register for MSME registration.
Some famous examples of MSMEs are food processing & packaging, chemicals & pharmaceuticals, carpentry, etc.
Startups mostly work on investments made by investors and look for capitalists for funding, whereas, MSMEswork on the investments made by their founders and their substantial funding comes from financial institutions. Also, there have been several examples in which a startup becomes a unicorn (multi-million company) sometimes ina very short period, whereas, MSMEs mostly have the same (constant) annual turnover as it mostly works to remain stable.
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I would like to extend my heartfelt gratitude to your entire team for their professionalism, expertise, and outstanding support throughout the process. I reached out to India Advocacy for assistance with my MSME requirements, I was met with a prompt and courteous response. Your team members displayed a remarkable level of knowledge and guided me through the intricacies of the MSME services, ensuring that I had a clear understanding of the process.
I am impressed by the attention to detail exhibited by your team. They diligently reviewed my documents, provided valuable insights, and offered practical suggestions to streamline the process. Their commitment to excellence was evident at every step, as they promptly addressed all my queries and concerns, leaving no room for ambiguity. Moreover, the efficiency and timeliness with which India Advocacy handled my MSME services exceeded my expectations.
I was pleasantly surprised by the speed at which my application was processed and approved. The entire procedure was smooth and hassle free, thanks to your team's dedication and competence.
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