Table of Contents
Can a company be registered as MSME?
Micro, Small & Medium Enterprises (MSME) registration or Udyog Aadhaar registration can be obtained by any type of business entity: Proprietorships, Partnership Firm, Private Limited Company.
How do I add my business to MSME certificate?
MSME Registration Process
- Visit the UAM portal where you will be required to fill a form.
- If you are registering your business as an MSME for the first time, click on the first link on the page or simply click here to open the form.
- Enter the Aadhaar Number and Name and click on ‘Validate & Generate OTP’.
Can I have two MSME?
No. The MSME/Udyam Registration Certificate is for a single entity irrespective of multiple branches or plants. However, information about multiple branches or plants must be furnished.
Is there any turnover limit for MSME?
50 crores (as per NMN) is not exceeded and turnover limit of Rs. 100 crores (as per LSN) is not exceeded but 10 years have lapsed since date of incorporation, then enterprise will be MSME but will not be a start-up. If investment limit of Rs. 50 crores (as per NMN) is exceeded but turnover limit of Rs.
Can an individual be MSME?
Proprietorships, Hindu Undivided Family, Partnership Firm, One Person Company, Limited Liability Partnership, Private Limited Company, Limited Company, Producer Company, any association of persons, co-operative societies or any other undertaking can obtain MSME registration in India.
What sectors come under MSME?
List of MSME Businesses
- Leather products.
- Moulding – This includes products like combs, umbrella frames, plastic toys, etc.
- Natural Fragrance and Flavours.
- Placement and Management Consultancy Services.
- Training and Educational Institute.
- Energy Efficient Pumps.
- Xeroxing.
- Beauty Parlour and crèches.
Are MSME exempted from tax?
Enterprises that have MSME Registration can enjoy Direct Tax Exemption in the initial year of business, as mention in the scheme by Government and depending on business activity. Enterprises that have MSME Registration can avail Bar Code Registration subsidy as mentioned in the scheme.