MSME Registration

MSME RegistrationrnRegistration for Micro, Small, & Medium EnterprisesrnMSME Represent Micro, Small, & Medium Enterprises, Some time it is also known as SSI or Small service Industries if it is in manufacturing sector or SSP (Small Service Provide) if it is in service sector. Mumbai being the financial hub of country houses numerous business entities. Keeping in mind the need of registration of MSME in Mumbai and all over India, we are going to introduce some practical information related to same MSME segment herewith. rnHowever to take benefit or to become eligible for all benefits the very first requirement is to register your business entity with MSME Registration requirements. Here we will try to provide some vital information for MSME and its related benefits to your BusinessrnWho qualify for MSME? Manufacturing Industry 25 Lacs 5 Crore. 10 Crore. rnService Sector 10 Lacs 2 Crore. 5 Crore. Now before we proceed the first question arise is -What is the benefit of MSME Registration? rnSince we strongly believe that the benefit should be enough to take pain of reading this article. So here are some practical and satisfactory benefits to make you think to register for MSMErnBenefits of MSME rn1) Loan Without security/collateral: - You might have faced the situation where your business might have required urgent loan however Non availability of collateral your every application for loan might got rejected. This turbulence problem can be solved by this registration as a MSME. Provided all other compliances are done, your business can qualify for a loan and that even at a lower interest rate than market rate.rn2) Protection from delayed payment: - Suppose you have supplied some services/ Goods to any of the Big Corporation, and they generally delay your payment which may be impacting your business due to working capital deficit. This problem can be solved by Registering to MSME and as per provision in MSME Act 2006 the big guys will be forced to release your payment on time. 3) Take benefit of Promotional & Development Schemes of Govt:- From time to time Govt announces various schemes to support and promote MSME segment. You can also take benefit provided you register in advance your business entity as a MSME What is the Procedure for registration: - The simplified procedure for MSME Registration may flow as rn1) The main fact is to filing of Memorandum with District Industries centrern2) After filing the form and providing relevant document you can submit it to DIC & get rnthe acknowledgement.rn3) For more information you can visit following websitesrnhttp://www.dcmsme.gov.in Count on us for MSME registration: - We as AKT Associates, are working as a expert MSME Advisor and supported more than 500 Enterprises to get the benefit of MSME.rnContact us for free Consulting :- If you feel you need an expert MSME consultant to register your entity or file memorandum you can feel free to call us @ 8080809061 to get the first hand assistance.rnServices Provide by AKT Associates:- rn1. MSME Registration.rn2. MSME Taxationrn3. MSME Audit & Assurance. Page Title,:- MSME Registration rnSummery:- MSME Represent Micro, Small, & Medium Enterprises, Considering the importance of this segment Govt of India, have set an independent ministry named, Ministry of MSME. If you also own a small business and want to take it forward there are numerous schemes such as Finance scheme, Training Scheme, Government Grant for purchase of machinery has been initiated by the said Ministry. Mumbai being the financial hub of country houses numerous MSME business entity. rnKey words (TAGS)rnMSME RegistrationrnMSME Registration in MumbairnMSME Consultant rnMSME Consultant in MumbairnBenefit of MSME RegistrationrnMSME Advisor in MumbairnProcedure for MSME RegistrationrnSSI RegistrationrnSmall service Industry Registrationrnhttps://aktassociates.com/business-registrations/other-registrations/msme-registration/