Knowledge Center
Procedure for MSME Registration
Application Drafting
Submit the Draft, Make Payment.
Processing
Our CA will File the Application Online
Certificate
Once Approved You will Receive MSME Certificate on Your Registered E-mail Address.
MSME Registration Fees
MSME (Micro Small and Medium Enterprises) registration is necessary for every small business owner. You can avail MSME registration through LegalDocs at a very minimum price. Get your MSME registration done at Rs 799 from the LegalDocs website.How Can LegalDocs Help You?
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FAQs
What is MSME Registration?
MSME stands for Micro, Small and Medium Enterprise, In India MSME’s can be considered as the backbone of the nation. So to support and develop the small scale industries, the Government of India had asked MSMEs to do MSME registration, The Government of India helps MSMEs through various subsidies, schemes, and incentives to promote them through the MSMED Act. To avail the benefits under the MSMED Act from the Central or State Government and the Banking Sector, MSME Registration is mandatory.
Who should register for MSME?
Below mentioned people have to register for MSME Individuals registered under the Pre-MSME law (i.e., Excise, VAT, Service Tax, etc.) Businesses with turnover above the threshold limit of Rs. 40 Lakhs for the supplier of goods and 20 lakhs for the supplier of services. Casual taxable person / Non-Resident taxable person Agents of a supplier & Input service distributor Those paying tax under the reverse charge mechanism A person who supplies via e-commerce aggregator Every e-commerce aggregator
When should you register for MSME?
MSME registration is necessary for every small scale industry when they fall in below-mentioned criteria:
| Manufacturing Enterprise | Service Enterprise | |
|---|---|---|
| Micro Enterprise | Rs 2,500,000 | Less than Rs 10,00,000 |
| Small Enterprise | Less than Rs 50,000,000 | Less than Rs 20,000,000 |
| Medium Enterprise | Less than Rs 100,000,000 | Less than Rs 50,000,000 |
How long does it take for MSME registration?
You can avail of MSME registration within 1 working days through LegalDocs.
What are the fees for MSME Registration?
LegalDocs will help you to get MSME registration in 799 rupees only.
What are the penalties for not registering under MSME?
A company that is defaulting under these provisions would be fined by Rs. 25,000, whereas the defaults of a Director, CFO or CS would qualify for an imprisonment term of up to six months or a fine ranging between Rs. 25,000 to Rs. 3,00,000.
