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Aadhar Card of proprietor/any partner/any director or authorized signatory
PAN Card of proprietor/Partnership Firm/LLP/Company
Name of Firm (in case of proprietorship firm)
Type of organization- Manufacturing or Service Provider
Mobile No. and Email Id of proprietor/any partner/any director/authorized signatory
Social category- General/ST/SC/OBC
Physical category- Normal or Handicapped
Address Proof of premises- Rent Deed/Lease Deed/NOC from owner/Copy of registry or property tax receipt in case of owned premises along with a copy of utility bill
Date of commencement of business
Cancelled Cross Cheque for bank details
Number of employees
Value of Investment in Plant & Machinery (Copy of purchase bills required)
NIC Code
MSME stands for “Micro, Small and Medium Enterprises”. MSME are the backbone of economy of the country. MSME plays a crucial role in the growth and development of any economy. As such, to promote MSME, MSMED Act 2006 was formulated by the Government. To take the various benefits from Government and banking sector under MSMED Act, MSME registration is required. However, MSME registration is not mandatory but it is advisable to obtain MSME registration.
MSME are of 2 types:
MSME registration is now Aadhar based. It is a unique 12 digit Government Identification Number issued by the Ministry of MSME for all small, medium enterprises & small scale industries. This registration is also known as “Udyog Aadhar”.
Aadhar Card of proprietor/any partner/any director or authorized signatory
PAN Card of proprietor/Partnership Firm/LLP/Company
Name of Firm (in case of proprietorship firm)
Type of organization- Manufacturing or Service Provider
Mobile No. and Email Id of proprietor/any partner/any director/authorized signatory
Social category- General/ST/SC/OBC
Physical category- Normal or Handicapped
Address Proof of premises- Rent Deed/Lease Deed/NOC from owner/Copy of registry or property tax receipt in case of owned premises along with a copy of utility bill
Date of commencement of business
Cancelled Cross Cheque for bank details
Number of employees
Value of Investment in Plant & Machinery (Copy of purchase bills required)
NIC Code
MSME are eligible for financing from banks under term loans and overdraft schemes at a subsidized rate under Central Government schemes.
MSME are given in preference in Government Tenders for supply of goods and services. Even, relaxation in tender fees is also available for MSME.
50% discount is allowed to MSME in Government fees while applying for trademark & patents. Further, patents applied by MSME are processed expeditiously.
MSME have been provided a grievance platform by Government to realize their prolonged and disputes dues from their parties. Various incentives are given by State Government in the form of electricity subsidy, lower licensing requirements for MSME.
MSME are eligible to get funds under Mudra Yojna at a low interest rate without any collateral.
Various incentives are given by State Government in the form of electricity subsidy, lower licensing requirements for MSME.
MSME are classified into 2 categories:-
Earlier, Their classification was made into micro/small/medium on the basis of investment in plant & machinery/ equipments. Such classification was as below:-
|
Type of entity |
MICRO |
SMALL |
MEDIUM |
|
Manufacturing Enterprises |
Investment upto Rs. 25 Lakhs |
Investment upto Rs. 5 Crores |
Investment upto Rs. 10 Crores |
|
Service Providers |
Investment upto Rs. 10 Lakhs |
Investment upto Rs. 2 Crores |
Investment upto Rs. 5 crores |
However, as a part of Atmanirbhar Abhiyaan package of Central Government, the classification has now been changed as below:
|
Type of entity |
MICRO |
SMALL |
MEDIUM |
|
Manufacturing Enterprises & Service Provider |
Investment up to Rs. 1 Crore AND Turnover up to Rs. 5 Crore |
Investment upto Rs. 10 Crores AND Turnover upto Rs. 50 Crore |
Investment upto Rs. 50 Crores AND Turnover upto Rs. 250 Crore |
No, MSME registration is not mandatory in India.
20 items are reserved for manufacturing in the MSME/SSI sector.
The validity of MSME certificate is for 5 years.
UAM is a one page registration form which constitutes a self-declaration format under which the MSME will self certify its existence, bank account details, promoter/owner Aadhar details and othe information required.
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