MSME / SSI Registration*
India Kickstart packages start at Rs. 2,000/- (Govt. Tax at actuals)
Package is inclusive of
- Advisory on Registration and benefits
We advise on MSME registration documentation and benefits
- Documentation and Application Preparation
Review entire documentation and preparing MSME Application and submission to Govt.
- Obtaining MSME Registration
Finally, MSME registration number gets allotted within 15 days
* Available across Maharashtra, Gujarat, Karnataka, Lucknow, Rajasthan and other selected cities at this stage.
What is MSME/SSI Registration?
These benefits available to registered MSME include priority sector lending from banks and financial institution at concessional rates, Excise and Direct tax exemptions, capital investment and other govt. subsidies and power tariff subsidies.
An entity whether in Manufacturing or Service is eligible as MSME, where manufacturing enterprises need to have investment of less than Rs. 10 crore in plant and machinery, while service enterprises must have not more than Rs. 5 crore invested in plant and machinery. As and when, enterprise breaches the above limits, they need to cancel their MSME status with the department.
Types of MSME
- Micro Enterprises
Micro enterprises are the smallest entities, of course. Micro manufacturing enterprises have investment of less than Rs. 25 lakh in plant and machinery, while micro service enterprises have less than Rs. 10 lakh invested.
- Small Enterprises
Small manufacturing enterprises may have between Rs. 25 lakh and Rs. 5 crore invested in plant and machinery, while small service enterprises may have between Rs. 10 lakh and Rs. 2 crore invested.
- Medium Enterprises
Medium manufacturing enterprises may have between Rs. 5 crore and Rs. 10 crore invested in plant and machinery, while small service enterprises may have between Rs. 2 crore and Rs. 5 crore invested.
Significance of MSME Registration
It is completely voluntary registration for the enterprise and there is no statutory requirement or mandate to obtain registration. All eligible Enterprise can easily obtain MSME registration to enjoy plethora of business and tax benefits offered to MSME.
Multiple benefits which includes grant of subsidies for Capital investments and power tariff concessions, Cheaper Bank Loans for business purpose with easy approvals, quick sanctions of govt. scheme benefits, access to various initiatives/programmes/ resources/ govt. tenders by MSME department of govt.
If your business or enterprise is listed under Schedule –III of Industrial Licensing Exemption Notification, then you can easily apply for Provisional Regn. Certificate (PRC) without an industrial license. Other units must first acquire an industrial license. All the clearances should be obtained by enterprise whether it be 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.
Provisional MSME registration certificate is valid for a period of 5 years by which enterprise need to commence their operation. On starting of operations, business entity can easily apply for Permanent Registration Certificate.
How can we help with MSME Registration
We can get your MSME/SSI registration with complete professional support in estimated 15 working days with following Steps :-
Our team will brief on entire requirements and documentation details based on your state location. You need to send across entire documentation for Business as well as Proprietor/Partners/Directors as explained above and we will review and compile the same in about 1 working days time.
We will prepare Application for MSME Registration, Review and submit in Online as well as Offline mode through our affiliates to Govt. We will provide you Acknowledgement in 5 working days time from application.
Your MSME application will be processed by Govt. department and documents will be verified by them. Once approved, we will provide you the Provisional MSME Registration Certificate as soon as received from govt., which generally takes approx.7 working days, which will be valid for 5 years. Once your business is operational, a permanent certificate will be issued.
We will make application for obtaining Permanent Account Number (PAN) for Company with Income Tax Department ourselves, but you will need to courier hard copies of the required documents yourself. The PAN will be couriered to your registered office address in maximum 21 working days.
On receipt of PAN, License and Company Registration Certificate, you can open Current Account with any Bank for your Company and begin transacting business.
* Subject to govt. processing time and client documentation time.
Documents required for MSME Registration
To be submitted by Proprietor/Partner/Directors
Copy of PAN Card of Proprietor/Partner/Directors
Copy of Rent agreement (If rented property)
Passport size photograph of Proprietor/Partner/Directors
Latest Electricity/ Maintenance bill (Place of Business)
Copy of Aadhaar Card/ Voter identity card
Copy of Property papers (If owned property)
To be submitted by Firm/LLP/Company
Copy of PAN Card of Business entity
Memorandum and Articles of Association
Partnership Deed Copy/ LLP Agreement or Incorporation Certificate
Authorization by Directors/ Partners
Board Resolution in case of Company
Industrial License/ Factory License/ Specific business license as per nature
Why India Kickstart?
About India Kickstart
Just tell us a little bit about your business and you’ll have the incorporation certificate in 20 working days. It’s that simple. In addition to yours, we’ll be handling around 400 requests this month.
We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.