MSME SSI Registration

MSME is an acronym that refers to Micro, Small, and Medium Enterprises, which encompass businesses falling under any of these three classifications. These types of enterprises are crucial for propelling a country's economy towards advancement and growth. MSMEs have lower capital costs in comparison to larger businesses, yet they possess a higher labor force. It's worth noting that MSMEs can operate in both the manufacturing and service sectors. Our services can assist you in obtaining MSME registration and small-scale industry (SSI) registration.

MSME Registration Services

At our organization, we offer MSME registration services that are specifically designed to help small and medium-sized businesses take advantage of the benefits offered by the government. Our team of dedicated professionals is committed to assisting you throughout the process of obtaining MSME registration, ensuring that you can enjoy the perks of being a registered business.

Obtaining MSME Registration in India
Renewal of MSME
consultancy on MSME Registration benefits

Highlight of MSME

Micro industries

Investment limit for manufacturing companies is 25 lakh and for service sector companies is 10 lakh. For small industries, investment limit for manufacturing sector is 5 crore and for service sector is 2 crore.

Small industries

A small enterprise in the manufacturing sector has an investment in plant & machinery ranging from above Rs. 25 lakhs to not exceeding Rs. 5 crores. A small enterprise in the service sector has an investment in plant & machinery ranging from above Rs. 10 lakhs to not exceeding Rs. 2 crores.

Medium industries

A medium enterprise in the manufacturing sector has an investment in plant & machinery ranging from above Rs. 5 crores to not exceeding Rs. 10 crores. A medium enterprise in the service sector has an investment in plant & machinery ranging from above Rs. 2 crores to not exceeding Rs. 5 crores.

Here is a list of documents that are required for MSME registration

ID PROOF (PARTNER/OWNER/ DIRECTORS)

Adhar Card
Pan Card

BUSINESS DETAILS

AOA & MOA / Partnership Deed
Other details

BANK DETAILS

Bank cancelled chque

MSME Registration Process

Application Preparation

Nutax can assist in preparing your MSME application along with the required supporting documents that are needed for MSME registration.

Application Processing

After the application is prepared and submitted, the relevant MSME office will initiate the processing and may request additional information or documents if necessary.

MSME Registration

Nutax can provide assistance in responding to any queries or document requests during the MSME registration process, if needed, to help ensure that the registration is obtained successfully.

FAQ

Is SSI/MSME Registration voluntary or mandatory?

MSME registration is voluntary, not mandatory, but it is highly recommended for businesses that fall under the micro, small, or medium enterprise categories. Registering as an MSME provides various benefits and incentives offered by the government, such as financial assistance, tax exemptions, and access to various schemes and subsidies. MSME registration can also help in building credibility and gaining access to funding opportunities.

Why should I apply before commencing operations?

Obtaining a Provisional SSI Registration Certificate (PRC) before commencing operations in your enterprise is advisable. The PRC can facilitate a smoother process and assist in obtaining specific NOCs (No Objection Certificates) and clearances from regulatory bodies.

What is credit rating and why is it mandatory?

Credit rating is an evaluation of an enterprise's ability to fulfill its financial obligations based on its previous year's transactions. While credit rating is not mandatory, it is recommended that MSE (Micro and Small Enterprises) borrowers get their credit rating done, as it can assist in determining the credit pricing of the loans they take from banks.

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