Simply fill the above form
to get started.
Simply fill the
above form to
Our MSME Expert will
connect with you & advice on
Our MSME Expert
will connect with you
& advice on documents.
Get your MSME
Get your MSME
The Ministry of Micro, Small and Medium Enterprises, a branch of the Government of India, is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India.Who can be MSME ?
Definitions of Micro, Small & Medium Enterprises in accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two Classes:
|Manufacturing & Services||Investment Less than Rs. 1 Crore And Turnover Less than Rs. 5 Crore||Investment Less than Rs. 10 Crore and
Turnover Less than Rs. 50 Crore
|Investment Less than Rs. 50 Crore and
Turnover Less than Rs. 250 Crore
Collateral Free Loans
The Credit Guarantee Fund Scheme (CGS) for Micro and Small Enterprises was launched by the GOI to make available collateral-free credit to the micro and small enterprise sector. Both the existing and the new enterprises are eligible to be covered under the scheme. The Ministry of Micro, Small and Medium Enterprises, Government of India and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises.
RBI vide circular No. RBI/2018-19/125 dated 21st February 2019 provided for 2% interest subvention for all GST registered MSMEs, on fresh or incremental loans. All working capital or term loan would be eligible for coverage to the extent of ₹1.00 lakh only during the period of the Scheme.
Protection against Delayed Payments
Micro and small enterprises are protected against delayed payment beyond 45 days of acceptance or deemed acceptance of goods or services. They are eligible for an interest upto 3 times of bank rate notified by the RBI in case of delayed payments. Mandatory reporting in Tax Audit Report for disallowance of Interest on delayed payments. In case of Company, Schedule III specifies the details relating to Unpaid Principal, Interest paid, due to be paid, Unpaid etc to be disclosed. Also required to file half yearly return to Ministry of Corporate affairs (MCA) stating the amount due and reasons for such delay.
Credit Linked Capital Subsidy Scheme
In order to provide competitiveness, MSME are encouraged to invest in new technology with benefit of subsidies on purchase of new plant & machinery or equipments.
MSME enjoys lower rate of interest of 1-1.5% as compared to other regular enterprises.
MSME gets 75-80% of the project cost from government where it is involved in the implementation of new or innovative designs, ideas or product.
The concession is allowed to all the enterprises that make application to department of electricity along with Certificate of MSME.
In order to encourage MSME to patent their products, financial assistance/ subsidy is given on Patent registration.
Waiver of Stamp duty & Registration Fees
All new industrial units having MSME Registration and expansions will be exempted from payment of Stamp Duty and Registration fees.
Pvt. Ltd. /Public Ltd./OPC
Company PAN card
MOA, AOA & Incorporation Certificate
Company Address Proof
LLP & Partnership Firm
Firm PAN card
LLP Agreement/ Partnership deed
Firm Address Proof
Proprietor's PAN card
Shop Act / Ghumasta License
Address proof of Firm
1. Emergency credit line to business/ MSMEs from banks and NBFC upto 20% of entire outstanding credit as on 29.02.2020.
2. 20,000 crore subordinate debt for MSMEs who are either stressed or NPA
3. Rs 50,000 cr. Equity infusion for MSMEs through Fund of Funds
4. Global tenders will be disallowed in Government procurement tenders upto Rs 200 crores
5. CHAMPIONS: To manage all the benefits mentioned above, a new ICT based system called CHAMPIONS has been launched. The portal is not only helping and handholding MSMEs in the present situation, but is also providing guidance to grab the new business opportunities in the long run, become national and international Champions.
Raheja Professionals believe that the timely compliance is the essence of the present corporate world. We start our preparation as soon as we receive the necessary documents from the Clients.
‘WORK IS WORSHIP’ is our moto. Hence we provide quality services at reasonable prices. We never compromise in terms of compliances of different laws. We protect our Clients from future legal hardships.
Raheja Professionals is a group of experienced professionals having more than 5 years of experience. Our group comprises of Chartered Accountants, Company Secretaries, Lawyers etc.
Raheja Professionals provide different services in relation to Accounting and Book Keeping, Company Law Matters, GST etc. One can avail all services in relation to his business at one place.