TIME AND COST
Once the full document is received it will take 5 days to obtain the certificate of MSME. Cost:-
-
- Government Fee : Nil/-
- Professional Fee (Inclusive of Taxes): 999/-
- Total: 999/-
ABOUT MSME
MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy.
The MSME sector contributes to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial units of the country and more than 6000 types of products are manufactured in these industries (As per msme.gov.in). When these industries grow, the economy of the country grows as a whole and flourishes. These industries are also known as small-scale industries or SSI’s.
Existing MSME Classification
- Sector Criteria Micro Small Medium
- Manufacturing Investment < Rs.25 lakh < Rs.5 crore < Rs.10 crore
- >Services Investment < Rs.10 lakh < Rs.2 crore < Rs.5 crore
APPLICATION PROCESS
Application of MSME is a completely online process and can be done by anyone since it does not require any professional signature or attestation.
However, MSME involves some technical discussion and hence, it is recommended that you should take the help of a professional so you don’t end up doing it wrong.
DOCUMENTS REQUIRED
- PAN Card
- AADHAAR Card
- Cancelled Cheque
- Name of Business
- Copy of Income Tax Return
- Copy of Financial Statements