MSME is for manufacturing as well as service sector. MSME Registration is not mandatory, However Registering under MSME/SSI will directly benefit enterprises due to various subsidies/Exemptions/Incentives/Schemes by the Government.
Why MSME/SSI registration
1. PRIORITY LENDING/LOW RATE OF INTEREST BY BANK
2. VARIOUS TAX EXEMPTION FOR ENTERPRISES
3. SUBSIDIES BY CENTRAL AND STATE GOVERNMENT
4. BENEFITS IN INFRA SUCH AS CHEAPER ELECTRICITY RATES
Whether you want to start a business/already a startup/already an enterprise falling under the category of MSME as defined above. Be at any stage of business, we at caonweb will help you get register under MSME at the most reasonable cost. You could also avail services such as bookkeeping and other compliance requirements which may come up in future. Our team of professionals can guide you on the benefits you can avail.
Documents Required For MSME Registration
- Proof of business address
- Identity proof of the promoters/proprietor/partners/directors
- Proof of constitution of the business
- Also MOA, AOA, Form 32, Form 18, certificate of incorporation in case of companies
- Partnership firms- Partnership Deed
- Additional documents may require based on.
Chartered Accountant by profession, CA Sanket Agarwal has an experience of above11 years in Cross Border compliance , Import Export , International Taxation & is a passionate content creator.