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Get MSME registration and avail various benefits offered to Small Scale Industries by the Govt of India. Leave your registration to Finology and forget the paperwork involved.
As Aadhar provides an identity to the Individuals, likewise Udyog Aadhar also serves an identification to your business. To get this unique number you need to get yourself registered as MSME. MSME stands for Micro, Small & Medium-sized Enterprises. In recent times, to promote small businesses, Government of India has taken this initiative which has given a greater boost to the Entrepreneurial Sector. Although getting registered as MSME is not mandatory but it will be beneficial to get your business registered here because it provides a lot of benefits in Taxation, Statutory and Financial matters, etc. No matter what business you are in, you can get your business registered here and claim huge benefits & that too from the Government of India itself. In a developing country like India, MSME industries are the backbone to the economy.
Following persons can get their registration done here, subject to Limit on their Turnover:
Classification of MSME on the basis of their Turnover
Not exceeding Rs.5 crores.
More than Rs.5 crores but does not exceed Rs. 75 crores.
More than Rs.75 crores but does not exceeds Rs. 250 crores.
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