MSME Registration

The MSME stands for Micro, Small, and Medium Enterprises. In accordance with the Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006, the enterprises are classified into two divisions.

1. Manufacturing enterprises – engaged in the manufacturing or production of goods in any industry.
2. Service entreprises – engaged in providing or rendering services.

Documents Required for MSME Registration -

• Identity Proof (Self Attested)
• Proof of resident.
• Quotation of machinery/other items to be purchased
• Details of supplier/price of machinery/items to be purchased/details of machinery
• Proof of identity of enterprise such license/registration certificate etc, address of enterprise
• Details of supplier/price of machinery/items to be purchased/details of machinery
• 2 Yrs. Projected balance sheets for Loan amount above 2 Lakh
• Complete record of ITR, GST, TDS if applicable.
• Proof of identity of enterprise such license/registration certificate etc, address of enterprise

Who can obtain MSME Registration:

All the business entities those falls under the criteria of the definition of MSME can register their Enterprise for MSME Certification. As this MSME Certificate issues with lifetime validity by the Ministry the entrepreneur should not worry about the procedures to update the Certificate.

The followings entities can register themselves as MSME: -

• Proprietorship
• Partnership Firm
• Private Limited Company
• Public Limited Company
• Limited Liability Partnership
• Cooperative Society
• Hindu Undivided Family
• Trust
• Self Help Groups