MSME means micro small & medium enterprise, your business category will be decided according to your investment. MSME can be considered as one of the top financial backbone in industrial sector. MSME enterprises are capable to provide employment potential at a greater extent with lower investments. MSME enterprises plays a key role in rising Indian economy.
Once registered with MSME you will be eligible to enjoy the benefits of Act MSMED through various schemes, incentives and subsidies.
Even State government and union territories plays their role in providing some benefits for MSME enterprises such as tax subsidies, power tariff subsidies, capital investment subsidies
DOCUMENTS REQUIRED FOR MSME REGISTRATION
Identity proof of applicant like Aadhar card
Address proof of business like allotment letter, possession letter, lease deed or property receipt. If it’s rented you must submit lease deed. These documents must be submitted with electricity bill.
Copies of sale & purchase bill
If it’s based on partnership firm. Partnership deed/MOA and AOA must be submitted.
In some cases copy of industrial license has to be submitted.