Secpro Business Consultant LLP
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MSME Registration

Micro, small and medium enterprises and any enterprise that falls under any of these three categories. The Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail of the benefits under the MSMED Act from the Central or State Government and the Banking Sector, MSME Registration is required.

Description

MSME Registration:-

Description: – Micro, small and medium enterprises and any enterprise that falls under any of these three categories. The Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail of the benefits under the MSMED Act from the Central or State Government and the Banking Sector, MSME Registration is required.

Benefits of MSME Registration:

  1. Eligibility for lower rates of interest,
  2. Excise exemption schemes,
  3. Tax subsidies,
  4. Power tariff subsidies,
  5. Capital investment subsidies,
  6. 50% Fee waiver for Trademark Application and
  7. Easy Loan support from Banks and Many more.

Additional information

Category

Company, Individual/ Proprietor, Limited Liability Partnership, Partnership Firm

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