Registration Of MSME

REGISTRATION OF MSMEGet registered and avail all schemes and benefits…

Registration of MSMEs MSME registration is not statutory, but it is beneficial as it provides a range of benefits and other support to the enterprises that are registered.

After registrations, any enterprise becomes qualified to reap the benefits offered under MSMES Act

So, if you want to get your business registered as MSME, you need to file your business with Udhyor Aadhaar Memorandum (UAM) once your business has started operations, so that using the UAM number you can access other services.

Earlier it was a two way process:• EM – I = Registration before setup of unit• EM – II = Registration after commencement of operationsBut after amendments, the EM-I is abolished and EM-II has been replaced by UAM

Benefits from Central Government

• Easy sanction of bank loans• Lower rates of interest• Excise exemption scheme• Exempt under Direct tax Laws and statutory support• Reservations

Benefits from State Government

• Development of specialized industrial estate• Tax subsidies• Power tariff subsidies• Capital investment subsidies and other support

Now, once you are registered, you can reap the benefits offered by different schemes by MSME ministries and other government bodies

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