MSME Registration Consultant is for Manufacturer, Exporter, Importer supplier, Service providers like contractor, repair and maintenance.
Micro, Small & Medium Enterprises – The Engine of inclusive growth & development
The registration under Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 is for facilitating the promotion and development and enhancing the competitiveness of Micro, Small and Medium enterprises.
What are Micro, Small and Medium enterprises?
The following slabs have been prescribed under the MSMED Act to determine the status of the Enterprise:
|No.||Type of Enterprise||Manufacturing Industry
(Investment in Plant and Machinery)
(Investment in Equipments)
|1||Micro||Does not exceed Rs. 25 Lakh||Does not exceed Rs. 10 Lakh|
|2||Small||Exceeds Rs. 25 Lakh but does not exceed Rs. 5 Crore||Exceeds Rs. 10 Lakh but does not exceed Rs. 2 Crore|
|3||Medium||Exceeds Rs. 5 Crore but does not exceed Rs. 10 Crore||Exceeds Rs. 2 Crore but does not exceed Rs. 5 Crore|
Advantages of SSI or MSME Registration
Online MSME registration enables the enterprises to claim various benefits offered by the Governments under the MSMED Act. Here are benefits to claim through online SSI registration.