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More about MSME registration

MSME registration and its advantages

  • Companies who qualify as Micro, Small and Medium Enterprises can apply for MSME or SSI registration. They are defined as:
    • Micro enterprises: Manufacturing enterprises with investment less than Rs 25 lakhs in plants and machinery, and for service enterprises, the investment should not be more than Rs 10 lakhs.
    • Small enterprises: Manufacturing enterprises with investment between Rs 25 lakhs and Rs 5 crores in plants and machinery, and for service enterprises, the investment should be between Rs 10 lakhs and Rs 2 crores.
    • Medium enterprises: For manufacturing enterprises, the investment should be between Rs 5 crores and 10 crores in plants and machinery. For service enterprises, it should be between Rs 2 crores and 5 crores.
  • MSME/ SSI registration makes the companies eligible for a number of benefits including:
    • Lower Trademark registration government fees
    • Bank loans at lower interest rates
    • Easy access to credits
    • Tax benefits
    • Eligibility to apply for government tenders meant only for MSMEs
    • Other supports from the government

Process Flow

Timeline 4-6 working days
  • Raise a request with us, discussion with Wazzeer team, share basic information
  • Review proposal and hire
  • Share details
  • Apply for MSME registration
  • Generation of Udyog Aadhaar Number
  • Sharing of Udyog Aadhaar certificate

Required Documents

  • PAN Card copy of the company
  • TAN Number of the company
  • Incorporation Certificate (in case of Pvt Ltd/ OPC/ LLP)
  • Registration Certificate (in case of Registered Partnership Firm)
  • Partnership Deed (in case of Unregistered Partnership Firm)
  • Photo of all the Directors/ Partners/ Proprietor
  • Proof of address for business premises (Rental agreement if rented, Property tax paid challan + NOC if owned by partner)
  • Electricity bill copy for the address of the business premises.
  • Bank Statement (latest 15 days transaction) / Cancelled cheque leaf
  • Valid Digital Signature (DSC) of one authorized signatory

Key Deliverables

  • MSME Registered Udyog Aadhaar Number
  • Udyog Aadhaar acknowledgement
  • Udyog Aadhaar Certificate

Why choose Wazzeer?

  • One platform for all your requirements

    Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.

  • Experienced professionals

    Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.

  • Defined process

    Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.

  • Cost Effective

    You pay what you see in the proposal. No surprises or hidden charges.

Frequently Asked Questions

  • Proprietorship firms
  • Partnership firms
  • LLPs
  • Private Limited Companies
  • Public Limited Companies
  • No. It is not mandatory for a company to go for MSME registration
    Yes. Udyog Aadhaar is considered as MSME registration
    For Manufacturing sector:
    • Micro enterprises - less than Rs 25 lakh of investment in plants and machineries
    • Small enterprises - more than Rs 25 lakh but less than Rs 5 Crore investment in plants and machineries
    • Medium enterprises - more than Rs 5 Crore but less than Rs 10 Crore investment in plants and machineries
    For Services sector:
    • Micro enterprises - less than Rs 10 lakhs of investment
    • Small enterprises - more than Rs 10 lakh but less than 2 Crores of investment
    • Medium enterprises - more than Rs 2 Crores but less than Rs 5 Crores of investment
    • Lower government fees for registrations like Trademark
    • Easy sanction of bank loans (Priority sector lending)
    • Lower rates of interest
    • Excise exemption scheme
    • Exemption under Direct Tax Laws
    • Statutory support such as reservation and the interest on Delayed Payments Act.
    • Development of specialized industrial estates
    • Tax subsidies
    • Power tariff subsidies
    • Capital investment subsidies
    • Other support
    • Lower interest rates
    • Easy access to credit
    No. MSME Registration is a completely online process and your physical presence is not required for it.
    No. There are no filings required to be done after getting MSME Registration. However if you cross the investment given in the definition, you will have to update the same and cancel your MSME Registration
    Yes. You can update the details in MSME Registration online anytime after the registration is completed

    Still have doubts?

    Get started

    Drop us a note with basic details. You will receive a call from us.