We provide you the various services as well as help for the registration processes to get you certified with the Government certificates and help you scale your business. As given above, we provide the services at affordable prices. We are upgrading ourselves and satisfying the entrepreneurs with our services and support to grow their business. We also have a huge network that will help you get you certified in a few days.
The organization that falls under the categories such as Micro, Small or Medium enterprises should register for the MSME. Also to get the benefits and advantages under the act MSMED, the organization should register for the MSME. Whether you are running a service company or a manufacturing company, you should get registered with MSME.
Micro Enterprise is a small business entity that can be an Ice-cream parlor or any Bistro situated in your neighborhood. A Micro Enterprise can be initiated with a low amount of capital and investment and by the rule, the MSME must contain less than 10 individuals that work for the company.
A Small Enterprises utilizes a few numbers of laborers and have low sales. The small company can have more than 10 workers and less than 50 workers. The Small Enterprise may include hotels, dry cleaners, etc. The funds invested in the Small Enterprise can be more than Rs 25 Lakhs and less than Rs 5 Crores.
Medium Enterprise companies have less than 250 workers and the investments done in the Medium Enterprise must be between Rs 5 Crores to Rs 10 Crores.
You can also check the various schemes provided by the government by visiting the link:- https://msme.gov.in/all-schemes.
MSME are classified into two categories: i. Manufacturing enterprise; and ii. Service enterprise. They are defined in term of investment in Plant and Machinery/ Equipment as below MICRO SMALL MEDIUM Manufacturing Enterprises Rs 2,500,000 Less than Rs 50,000,000 Less than Rs 100,000,000 Service Enterprises Less than Rs 10,00,000 Less than Rs 20,000,000 Less than Rs 50,000,000 .
A Small Enterprise in the manufacturing sector is an enterprise with more than Rs. 25 lakhs but not exceeding Rs. 5 crores of investment in plant & machinery. A Small Enterprise in the service sector is an enterprise with more than Rs. 10 lakhs but not exceeding Rs. 2 crores of investment in plant & machinery..
A Medium Enterprise in the manufacturing sector is an enterprise with more than Rs. 5 crores but not exceeding Rs. 10 crores of investment in plant & machinery. A Medium Enterprise in the service sector is an enterprise with more than Rs. 2 crores but not exceeding Rs. 5 crores of investment in plant & machinery..
To be classified as a MSME, Enterprises in the Manufacturing sector need to have less than Rs.10 crores of investment in plant & machinery; service Enterprises must have an investment of less than Rs.5 crores of investment in plant & machinery..
A Micro Enterprise in the manufacturing sector is an enterprise with less than Rs. 25 lakhs of investment in plant & machinery. A Micro Enterprise in the service sector is an enterprise with less than Rs. 10 lakhs of investment in plant & machinery..
1. Due to the MSME registration, the bank loans become cheaper as the interest rate is very low around ~ 1 to 1.5%. 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. .
The MSME stands for the Micro, Small and Medium Enterprise Businesses.
Yes, the MSME gives the loans and funding which can be named as MSME.
Yes, there are many companies and MSME business which have been got success.
The late credit payments and SME loans can be the two major problems faced by the MSME.
As the name suggests, all types of Micro, Small and Medium Business enterprise can come under the MSME.
The documents are mentioned above on the page and you can also consult us to get more information.
The MSME and SSI ie Small-Scale Industries both can be called as same and have the same process for registration.
The Udyog Aadhar is a Government Authority that helps the businesses for funds and invests in them to scale and promote entrepreneurship in India.
Yes, The MSME can be converted into Udyog Aadhar as the Udyog Aadhar is a government authority that supports MSMEs.
The Rajstartup provides the MSME registration in Delhi as well as all over India and can help you expand your business.