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MSME Registration

Empowering Small Businesses

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MSME Registration

Empowering Small Industries

Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, recognized for their pivotal role in driving growth and employment. The Government of India extends MSME registration to these industries, facilitating their establishment and fostering growth through various benefits.

Revised MSME Classification

The current MSME classification considers both investment and annual turnover to determine eligibility

Micro

Investment < Rs.1 crore & Annual Turnover < Rs.5 crore

Small

Investment < Rs.10 crore & Annual Turnover < Rs.50 crore

Medium

Investment < Rs.50 crore & Annual Turnover < Rs.250 crore

Unlocking Growth Potential with a MSME Registration

MSME Registration Eligibility

Businesses across manufacturing, service industries, wholesale, and retail trade meeting the revised MSME criteria can apply for registration. Eligible entities include individuals, startups, private and public limited companies, sole proprietorships, partnership firms, and Limited Liability Partnerships (LLPs).

Why Choose Sandeep Nalla And CO. for MSME Registration

MSME registration empowers small industries by providing access to a range of benefits, facilitating growth, and contributing to the overall economic development of the nation.

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MSME Registration Benefits

  1. Cheaper Bank Loans: MSME registration entitles businesses to avail loans at reduced interest rates.
  2. Cost Reduction: Rebates and concessions lower the expenses for patents and industry setup.
  3. Access to Government Tenders: Integration with government portals facilitates easy access to tenders.
  4. One Time Settlement Fee: Provision for non-paid amounts.
  5. Access to Government Schemes: Benefits include Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme, etc.
  6. Priority Sector Lending: Eligibility for priority lending from banks.
  7. Security Deposit Waiver: Exemption from government security deposits for e-tenders.
  8. Barcode Registration Subsidy: Subsidies for barcode registration.
  9. Exemption from Direct Taxes: Benefits under direct tax exemption schemes.
  10. ISO Certification Fees Reimbursement: Reimbursement of ISO certification expenses.
  11. Electricity Bills Concession: Concessions on electricity bills.
  12. Special Consideration in International Trade Fairs: Enhanced participation opportunities.

Embracing the MSME Registration

Take the First Step Toward Growth and Stability with Sandeep Nalla And CO

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