MSME Registration
Presently, under the Aatmanirbhar Bharat Abhiyan (ABA), the Govt. overhauled the MSME classification* by adding composite models of both investment and yearly turnover. Additionally, the differentiation between the manufacturing and the service areas under the MSME has been eliminated. This evacuation will make a balance between the sectors. Here is the modified MSME classification*, where the investment and yearly turnover, both are to be considered for choosing an MSME.
| CRITERIA | MICRO | SMALL | MEDIUM |
| Investment | Less than 1 crore | Less than 10 crore | Less than 50 crore |
| Annual Turnover | Less than 5 crore | Less than 50 crore | Less than 250 crore |
MSME Registration
Rs. 1499
REGISTRATION PROCESS
One can rely on MSME enrollment online as well as offline. The enrollment sequence for both, the manufacturing and the service sectors is possible on a website of msme.gov.in
- Fill the MSME Registration Form
- Go to the site of the MSME online application
- Fill the form available online or else fill it offline by getting a printout of the form.
- keep all the documents ready
- this process can take 2 days of time span
- Make the application
- Present the application structure combined with the necessary documents.
- After presenting the application, verification happens.
- The confirmation can require up to 2 working days.
- Endorsement and registration
- The enrollment will be done if the application has been declared.
- The MSME declaration will be conveyed to you.
- The MSME enrollment application structure contains the below details.
- Aadhaar Information, PAN Information, social category, and gender of the business person.
- Name of business.
- Address and contact details.
- details about the investment amount.
- employee contact details.