Best MSME Registration Services in Chennai
What is Udyam Registration / MSME Registration
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Micro, Small, and Medium Enterprises (MSME) or Udyam registration is for getting benefits for small industries and businesses. Small-scale businesses are a great power in the country’s economy. Hence the Indian Government has introduced the Udyam registration scheme for MSMEs to enhance sustainability in their business. MSME came into effect in the year of 2006, October in India. MSME contributes more to the country’s GDP and countries economic growth. Every MSM enterprise can register under the Udyam registration. Udyam registration is the basic scheme to avail of all government benefits in MSME.
Who is Eligible for MSME Registration
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Udyam certification applies to all business types, like partnerships, sole proprietorships, Hindu undivided families, limited liability companies, production companies, and one-person businesses. There are three classifications in Udyam registration micro, small and medium enterprises.
Enterprises
- Micro Enterprises - The investment in plant and machinery cannot exceed 1 Crore, and the annual turnover cannot exceed 5 Crores.
- Small Enterprises - The investment in plant and machinery cannot exceed 10 Crores, and the annual turnover cannot exceed 50 crores
- Medium Enterprises - The investment in plant and machinery cannot exceed 50 Crores, and the annual turnover cannot exceed 250 crores.
Cost
of Work
According to the Micro, Small & Medium Enterprise Development (MSMED) Act, registered MSMEs are entitled to the following benefits:
- Subsidies for plant and machinery
- Credit guarantee funds for micro and small businesses (CGS) allow you to get collateral-free loans from banks.
- Easy loan with no transaction charges
- Low electric bills
- Promotional subsidy for enterprise promotions
- There is a lower interest rate charged by banks to MSME registered enterprises than the usual interest rate
MSME or Udyam certificate can register online, but why do you need goodwill filings?
- We are here to help you with registration and reduce your work on MSME.
- Submit your document to us we will professionally get your MSME certificate.
- Our experts will do your registration process too quickly
- We provide better support and solve all your queries
- Aadhar card of the authorised person
- PAN card of the authorised person
- Company PAN, not applicable to proprietorship enterprises
Contact us and register your MSME business and get various benefit scheme to upscale.
Call expert
+91 9884958859 +91 9884490550
Write email
goodsandservicestaxs@gmail.com
Visit office
New No.1/1, Old No.3/28, Ganesh Nagar 2nd Street, Alapakkam, Porur Chennai, Tamil Nadu 600116
