Characteristics of MSME Enterprises
The basic Characteristics of MSME Organisations are:
- All Manufacturing Enterprises which have invested less than Rs.10 crores in Machinery and Plant are allowed to be registered as MSME.
- In Service Enterprises, the investment in Plant and Machinery should not be more than Rs.5 crores for availing MSME certification.
- In near future, if your enterprise exceeds the maximum limit, then it will not sum up as MSME
There are 3 types of MSME or SSIs
- Micro Enterprise
- Small Enterprise
- Medium Enterprise
Benefits of MSME
Following are the benefits of MSME registration
- Cheaper bank loans
- Preference by Government for License and Certification.
- Enjoys Tax Rebates and Subsidies
- Cheaper Infrastructure
- Access to Govt. Tenders
Services Offered by Us
Following are the services provided by us at the time of registration.
- Eligibility Consultation
- Application Preparation
- Collection of Documents
- Obtain MSME certificate
Procedure for Registration
Fill Enquiry
Form
Associate will call
and discuss in length.
Make
Payment
Complete Documentation
& Requirements
Registration
Complete
Why Palankarta?
Palankarta gives an end-to-end service for MSME registration.
Experienced Financial
Professionals
Deliver Service
on Time
Cost
Effective
Assured Customer
Satisfaction
No Hidden
Fees / Charges.
Frequently Asked Questions
FAQ
General Questions
Yes. After the notification dated 18-09-2015,filing of EM-I/II by States/UTs should be discouraged and instead all efforts be made to popularize the filing of UAM on the portal created by Ministry of MSME i.e. http://udyogaadhaar.gov.in
The NIC code can be selected once the aadhaar number is validated and major activity (manufacturing or service) is selected. In order to simplify the selection of appropriate NIC code, a three-stage drop-down list is available to the users.
In order to promote ease of doing business for MSMEs, it has been decided to seek lesser information than EM-I/II in the UAM.
The information sought is on self-certification basis and no supporting documents are required at the time of online filing of UAM.
At present Aadhaar Number is mandatory for registration under UAM. However, the GoI will find a way out for covering those cases where Aadhaar Number is not available.
Presently the NIC Codes are only available in English. However, the same may be made available in Hindi in due course.
It may not be made obligatory for the closing unit to inform about it to the State/UT concerned or the UAM portal.
The registration process is designed to capture the mainline of business and not each and every product (including their variations and micro descriptions). Therefore, UAM captures the main activity, either in manufacturing, or, on service side. The aim is to work towards Ease-of-doing-business