Registration Process

1. To do the registration the small and medium scale industry owner has to fill a single form which he can do online as well as offline.
   
2. If a person wants to do registration for more than one industry then also he/she can do individual registration.
   
3. To do the registration he/she has to fill a single form which is available at the website which is listed below.
   
4. The document required for the registration is Personal Aadhar number, Industry name, Address, bank account details and some common information.
   
5. In this, the person can provide self-certified certificates.
   
6. There are no registration fees required for this process.
   
7. Once the detail-filled and upload you would be getting the registration number.
   

Benefits of MSME Registration

1. Due to the MSME Registration, the bank loans become cheaper as the interest rate is very low. Much lower than interest on regular loans.
   
2. There are various tax rebates offered to MSME.
   
3. It also allowed credit for minimum alternate tax (MAT) to be carried forward for up to 15 years instead of 10 years
   
4. There are many government tenders which are only open to the MSME Industries.
   
5. They get easy access to credit.
   
6. Once registered the cost getting a patent done, or the cost of setting up the industry reduces as many rebates and concessions are available.
   
7. Business registered under MSME are given higher preference for government license and certification.
   
8. There is a One Time Settlement Fee for non-paid amounts of MSME.
   
9. Concession in electricity bills
   
10. Special consideration on International Trade fairs.

Documents Required for MSME Registration

The entity has to submit documents like business address proof, copies of purchase and sale bill, and licenses from regulatory bodies.

• Business Address Proof
  
• Copies of Sale Bill and Purchase Bill
  
• Partnership Deed/ MoA and AoA
  
• Copy of Licenses and Bills of Machinery Purchased
  

Business Address Proof:

If the premise is self-owned– Allotment letter, possession letter, lease deed or property tax receipt. If there is a municipal license in the business name or in the name of the proprietor, partner or director of the business, no other possession document is required to be submitted.

If the premise is rented– Rent receipt and a No Objection Certificate from the landlord is required. Also, any utility bill or document evidencing the landlord’s ownership is to be submitted.

Copies of Sale Bill and Purchase Bill:

Business is required to submit a copy of sale bill related to each end product that it will supply. Also, for each raw material that it will purchase, a purchase bill has to be submitted.

Partnership Deed/ MoA and AoA

If the business is a partnership firm, it has to submit its partnership deed. If the partnership firm is registered, it has to submit registration certificate also.

In case of a company, a copy of Memorandum of Association and Articles of Association, and certificate of incorporation has to be submitted. With it, a copy of the resolution passed in general meeting, and the copy of board resolution authorizing a director to sign the MSME application is also to be submitted.    

Copy of Licenses and Bills of Machinery Purchased