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MSME Registration

Give your startup government recognition. Opt for quick MSME online registration

TAX PARIVAAR REGISTRATIONRegistration
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Why Opt For MSME Registration?

Udyam Registration, also known as MSME Registration, represents the revamped method for enrolling Micro, Small, and Medium Enterprises (MSMEs) introduced by the Ministry of Micro, Small & Medium Enterprises on July 1, 2020. Simultaneously, the Ministry revised the MSME classification criteria. Under this system, an enterprise is referred to as 'Udyam,' and the associated registration procedure is termed 'Udyam Registration.' Businesses are given a permanent registration number and a recognition certificate following successful MSME registration. Tax-Parivaar is your trusted partner when it comes to simplifying the Udyam Registration process. Our dedicated team of experts is well-versed in the intricacies of MSME registration and can help your business secure its Udyam Registration swiftly and seamlessly. With our guidance, you can navigate the paperwork and compliance requirements effortlessly, ensuring that your business enjoys the full range of benefits and recognition that comes with Udyam Registration.

Composite Criteria: Investment in Plant / Machinery and Turnover
Sl.No Type of Enterprises Investment Turnover
1 Micro enterprises Less than Rs.1 Crore Less than Rs.5 Crore
2 Small enterprises Less than Rs.10 Crore Less than Rs.50 Crore
3 Medium enterprises Less than Rs.20 Crore Less than Rs.100 Crore
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Advantage

  • Access to government schemes and subsidies
  • Protection of intellectual property rights (IPR)
  • Participation in government tenders and contracts
  • Dispute resolution mechanisms
  • Facilitating exports

Disadvantage

  • Accumulation of Interest
  • Tedious Loan Procedure
  • No Collateral Requirement Unstable for Banks
  • Processing Fees Charges

Documents

  • PAN ( Permanent Account Number)
  • Address of the business
  • Basic business activity
  • NIC 2 digit code
  • Investment details (Plant/equipment details) and Turnover details (as per new MSME definition)
  • Aadhar number
  • Bank account number
  • Partnership deed
  • Sales and purchase bill copies
  • Copies of licenses and bills of purchased machinery

Steps involved

Step One

Documentation

Step Two

Application

Step Three

Client Confirmation

Step Four

Certificate

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