Online MSME /SSI
Simple online Filing Process through Startup Search
₹ 1,199 (All Inclusive)
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What is MSME/SSI Registration?
Small Scale Industries (SSI) or Micro, Small and Medium Enterprises (MSME) can register themselves under the MSMED Act. It isn’t necessary, but very beneficial to do so, as it only exists to offer benefits to those registered under it. These benefits of MSME registration include priority sector lending, power tariff subsidies, capital investment subsidies and excise and direct tax exemptions. All the manufacturing enterprises which have invested less than 10 crores in machinery and plant are allowed to be registered as MSME. In service enterprises, the investment in plant and machinery should not be more than 5 crores. And in near future, if your enterprise exceeds the maximum limit, then it will not sum up as MSME.
What Is Included In Our Package?
Procedure For MSME/ SSI Registration
Documents Required For MSME/ SSI Registration
For Sole Proprietorship / Individual
For Partnership deed / LLP Agreement
Private Limited / OPC
Advantages Of MSME/ SSI Registration?
Frequently Asked Questions
Although, there is no compulsion to get MSME registration but is always advised to do so as it provides lots of benefits to the enterprises registered under MSME Act.
The benefits range from cheaper bank loans, easy access to credit, quicker approvals from state and central government bodies, tax rebates, cheaper infrastructure, including electricity and VAT exemptions.
The SSI Registration is only needed to avail of subsidies and benefits. It is absolutely voluntary. The registration process is quite easy and simple. You can easily avail it (provided you have a manufacturing plant or a commercial space where you render services), many businesses opt for it over other registrations.
It is advisable to get a Provisional SSI Registration Certificate (PRC) before starting your operation in your enterprise. The PRC will enable the unit to obtain term loans and working capital under priority sector lending and make it easier to procure various NOCs and clearances from regulatory bodies, such as Pollution Control Board.
The validation of a PRC is for 5 years.
You may apply for the PRC without an industrial license in case your unit is listed in Schedule-III of the Industrial Licensing Exemption Notification. Other units must first acquire an industrial license. The unit should also have obtained all other clearances, whether statutory or administrative. For example, a drug license under the drug control order, if required. The PRC is issued based on the application form. No field enquiry is made.