The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:
The benefits of MSME Registration are mentioned below:
What information is required for MSME Registration?
The documents required for MSME registration are mentioned below:
Name of the Enterprise
Type of organization
Date of commencement
What is an MSME loan?
MSME loan is a type of loan which is provided to Micro, Small and Medium enterprises.
Can a sole proprietorship firm apply for MSME registration?
Yes, a sole proprietorship firm can apply for MSME registration.
Why is MSME registration required?
To support and promote MSMEs, 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.
How much time does it take to complete MSME registration?
The process of MSME registration is completed by Sabkuch Legal in the shortest possible time