MSME-NSIC Certification
MSME Registration: Over the last few decades, Micro Small and Medium Enterprises (MSME) sector has emerged as a highly exciting and active sector of the India Economy. The Government of India’s prime motive is “enterprise creation” in the Indian Economy and wants to produce a wide range of products to meet the requirement of the local market and the global market. MSME creates employment and self-employment which strengthens the Indian Economy.
Under the MSMED legislation, Micro, Small, and Medium-Sized Enterprises (MSMEs) in the manufacturing and service sectors can get MSME Registration or SSI/Small Scale Industry Registration. Although MSME online registration is not required, it is always recommended to small and medium businesses because it gives a number of advantages. Benefits such as borrowing rates charged would be significantly lower, as would tax breaks, capital investment tax breaks, and other government assistance. We can assist your company in obtaining MSME Registration online so that you may take advantage of a variety of perks.
frequently asked questions (FAQ)
MSME is Micro small or medium enterprise, any person who want to establish micro small or medium enterprise need to register with Udyam registration online.
Any entrepreneur having valid Aadhaar Number can apply for MSME Registration Online.
Only service sector and manufacturing sector is eligible for registration. , the enterprises which are engaging only in trading i.e. buying, selling importing, exporting of goods are not eligible for applying for Udyam Registration.
MSME Registration is not mandatory yet but MSME Registration benefits a lot in terms of tax, credit facility, loan etc.
Yes, MSME and SSI enterprise are same.
MSME is replaced with the Udyam registration.
Yes, both new as well as existing business can apply for MSME.
The certificate will not expire as long as the entity is ethical and financially sound.