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MSME Registration in Hosur
MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. MSME enterprises are the backbone of any economy and are an engine of economic growth, promoting equitable development for all. Therefore, to support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. We offer MSME Registration in Hosur. To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.
Who all need MSME Registration?
MSME Registration is an optional Registration under the MSMED Act that provides Micro, Small and Medium sized enterprises with a host of benefits and access to subsidies and schemes. We offer MSME Registration in Hosur
A Medium Enterprise in the manufacturing sector is an enterprise with more than Rs. 5 crores but not exceeding Rs. 10 crores of investment in plant & machinery. A Medium Enterprise in the service sector is an enterprise with more than Rs. 2 crores but not exceeding Rs. 5 crores of investment in plant & machinery.
To be classified as a MSME, Enterprises in the Manufacturing sector need to have less than Rs.10 crores of investment in plant & machinery; service Enterprises must have an investment of less than Rs.5 crores of investment in plant & machinery.
A Micro Enterprise in the manufacturing sector is an enterprise with less than Rs. 25 lakhs of investment in plant & machinery. A Micro Enterprise in the service sector is an enterprise with less than Rs. 10 lakhs of investment in plant & machinery.
MSME REGISTRATION PROCESS
Submission of Documents:
Our Financial Expert will prepare your MSME Application along with the necessary supporting documents that needs to be submitted for MSME Regisration.
Once the application is prepared and submitted, the concerned MSME Office will process the application and may request for more information or documents (if required).
Documents required for
Copies of Sale Bill and Purchase Bill
Partnership Deed/ MoA and AoA
MOA/ AOA or Partnership Deed
Copy of Licenses and Bills of Machinery Purchased.