MSME Registration Services in Coimbatore
Indian Union Ministry of Micro, Small, and Medium Enterprises (MSME) has introduced the easy way of MSME registration all over India. Now MSME registration is identified under the name of "Udyam Registration". Some new implementations of MSME are executed on July 01, 2020. An individual who intends to commence business under the category of Micro, Small or Medium enterprise can file this Udyam Registration. This form of company registration follows the regulatory norms under the MSMED Act.
Points to Remember
Who Can Apply for MSME?
Apart from the MSMEs the other form of businesses and entities like One Person Company Private Limited, LLP, and Proprietorship companies all can apply for the Micro, Small, and Medium Enterprises. But the government has set certain norms of conditions for the registration of MSME on the basis of the company’s turnover limitations.
Micro-level enterprise related to the manufacturing industry does not exceed the limit of Rs. 25 lakh rupees turn over and the service industry turnover limit under Rs. 10 lakh can apply.
Small-level enterprise related to the manufacturing industry does not exceed the limit of Rs. 5 crore rupees turn over and the service industry turnover limit under Rs. 2 crores can apply.
Medium level enterprise related to the manufacturing industry does not exceed the turnover of Rs. 10 crore rupees and the service industry turnover under Rs. 5 crores can apply.
How We Work?
How to Get Registration Certificate?
A business aspirant who wants to register his/her business enterprise under MSME, now it is easy and comes through the online registration procedure rather than a physical form submission.
Without any paperwork, self-declaration, and individual authentication through Aadhaar are enough for the MSME registration. Udyam Registration Portal is specified to complete the MSME registration with the Udyam Registration Number’. It is a permanent number allotted for the business individual Under MSME and its time to time renewal is mandatory.