ahmedabad, Ahmednagar, Akola, Amrawati, Amreli, Anand, Ankleshwar, Aurangabad, Badlapur, Banaskantha, Baroda, Belgaum, Bharuch, Bhavnagar, Chandrapur, CLCSS, Uncategorized

MSME Registration for Company

MSME registration for a company like private limited, Limited Liability Partnership, Partnership, and proprietorship. To get government benefits like subsidies, loans, reimbursement of expense.

 

MSME stands for Micro Small Medium Enterprise registration is most useful for those who are existing businesses or new start-ups located in India. Registered with MSME to get support from government of India.

 

Companies registered with Registrar or Companies can register as MSME units.  that might be Limited Public Limited, Private Limited, LLP, Partnership, Proprietorship company located in India.

 

MSME for Company

A manufacturer like Electrical, Electronic, Mechanical, Civil and construction products and goods are eligible to register under MSMED Act 2006.

 

Service providers like Contractor, Installation, and maintenance of types of machinery or goods, hospitality, contractors, caterers, transporters, jewelry, etc.

 

Importers of goods and services like electronic, electrical, civil contruction products.

 

Exporters of goods and services . Like machinery, contracting, hospitality, tourism , can get registed with MSME

 

 

MSME Registration for company

 

This is a certificate to be registered as the MSME unit.

 

Companies like Private Limited, Limited liabilities Partnership, Partnership, Proprietorship, Consultants, Service Provider, can avail MSME certificate.

 

 

MSME registration for Private Limited company

 

Those who are manufacturer or service providers fall into MSME registration and those plant and machinery should not be more than 10 crores. Turnover is not concerned about this certificate as per today.

 

Private Limited companies those who are registered under the Registrar of Companies can avail of this certification.

 

MSME registration for Limited Liabilities Partnership is an LLP company.

 

Those who are manufacturers or service providers can avail of MSME registration for their LLP company.

 

Those who are registered under the Registrar of companies as Limited Liability Partnership.

 

MSME registration for NSIC

 

Those who are registered under Micro Small enterprises and who are manufacturers and service providers can avail NSIC registration.

 

NSIC registration is to get Earnest Money Deposit benefit as the MSME unit to be waived off.

 

To get participation in PSU and Government tenders.

 

 

MSME Registration For Trademar registration

 

To get trademark registration those who are registered with MSME can get a 50 percent subsidy on government fees.

 

Trademark registration is to get branded your product or services.

 

MSME registration for ISO certification.

 

To get ISO 9001:2015, OHSAS, ISO 45001, ISO 27001, and many more certification MSME units can get reimbursement of expenses for ISO certification.

MSME Registration for Startups

 

Those who are new in business can get registered with MSME to avail benefits from the government of India.

MSME Registration for Partnership firms

MSME registration those who are manufacturer or service provider and registered with Registrar of firms.

 

MSME registered can get Loans, subsidies, reimbursement of expenses, TM registration fees subsidies, etc.

 

 

MSME registration for Propeirtor

 

Those who are service providers and manufacturers can get registered with MSME.

 

Get Loans, subsidies, Mudra loans, to get startup loans, EMD waiver, Participate in government and PSU sector tenders.

 

What is MSME registration?

 

MSME registration means Micro Small Medium Enterprise Ministry of Government registration.

 

Those who are manufacturers and service providers and whose plant and machinery should not be more than 10 crores can get an MSME registration certificate.

 

What is the NSIC registration?

 

NSIC registration means National Small Industries Corporation Limited is registering MSME’s those Plant machinery should be not more than 5 crores for manufacturing unit. and not more than 2 Crores for Service providers.

 

To get EMD waiver Benefits this registration is required.

 

For this registration process approx 2 months is required as for this registration third party inspection is to be held afterward monetary limit hs to be decided.

 

On those bases, EMD should be waived out for Micro Small Units located in India.

 

 

MSME registration for Businesses

 

MSME registration benefits in Tenders

 

Those who are registered with MSME can get benefits in Public Sector Unit and Government Sector.

 

To get EMD means Earnest Money Deposit and Security deposit in some of the departments located in each state and district.

MSME registration for companies located in Maharashtra, Gujarat, Madhya Pradesh, Uttar pradesh region.

 

 

Ahmedabad, CLCSS, Enterprenuer, Gujarat, IEC Code, interest subsidy, Small Scale Industry, SSI registraion, SSI Unit

Small Business Enterprises – SBE

Eligibility
Individuals and firms managing a business enterprise established mainly for the purpose of providing any service other than professional services.
Extent of Finance
Individual limits for working capital will be fixed depending upon the requirement of activities pursued. Advances for acquisition, construction, renovation of House Boats and other tourist accommodation will be financed. Advances for distribution of mineral oils will also be considered under this category
Rate of Interest
As per prevailing rates from time to time
Margin
No margin up to Rs.25000/-
15 to 25 percent for credit limits exceeding Rs.25000/-
Security
Assets created out of Bank’s finance
Collateral security as per Bank’s discretion
Ahmedabad, CLCSS, CSPO Registration, DIC Ahmedabad, Disctrict Industry Commisionerate, Enterprenuer, exporter, Gandhinagar, GPCB Registration, IEC Code, Import export documentation, ISO registration, ISO services, Laghu udyog, Small Scale Industry, SSI registraion, SSI Unit, Surat

Loans to Micro & Small Enterprises (MSEs)

Eligibility
Any individual / partnership firm / Public or Private Ltd. Companies desirous of promoting MSEs (Manufacturing sector) with investment in Plant & Machinery not exceeding Rs. 5 crore and Medium Enterprises with investment in plant & Machinery is above Rs. 5 Crore and upto Rs. 10 crores.
Extent of Finance
Need based (both fund based and non-fund based)
Margin
Working Capital/ Medium Term Loan
a) No margin up to Rs.25000/-
b) Credit limit over Rs.25000/-
Flexible approach:15% – 25% depending on the merits of each case
Security
Primary:
i)   Assets created out of Bank finance

Collateral:

  • Obtention of collateral Security exempted
  • Up to Rs. 5 lacs
  • Over Rs. 5 lacs and up to Rs. 25 lacs, based on good track record and satisfactory financial position
  • Over Rs.25 lacs at the discretion of the Bank
Interest
As per prevailing rates from time to time
Export Finance
  • Establishment of Letter of Credit
  • Pre-shipment finance
  • Post-shipment finance
  • Assistance against Duty draw back
Ahmedabad, CLCSS, CSPO Registration, DIC Ahmedabad, Enterprenuer, Gandhinagar, GPCB Registration, Gujarat, IEC Code, Import export documentation, interest subsidy, Small Scale Industry, SSI registraion, SSI Unit

CREDIT GURANATEE FUND TRUST SCHEME FOR MICRO & SMALL ENTERPRISES (CGTMSE)

SALIENT FEATURES:
CGTMSE was set up jointly GOI and SIDBI
The scheme is extended to all New and Existing units of Micro and Small Enterprises
The scheme is available both under Manufacturing Sector and Service Sector
Eligible loan limit is up to Rs. 50.00 lakhs
No collaterals including the third party guarantee
The Maximum guarantee cover on any loan is 75% of the loan amount. The loans to
Micro enterprises up to Rs.5.00 lacs and loans to MSE operated by women entrepreneurs
are covered up to 80% of the loan
One Time upfront guarantee fee and Annual Service fee at specified rate on the credit facility has to be paid to the Trust before 31st of May every year
Ahmedabad, CLCSS, DIC Ahmedabad, Disctrict Industry Commisionerate, Enterprenuer, Gandhinagar, IEC Code, Import export documentation, ISO registration, ISO services, Small Scale Industry, SSI registraion, SSI Unit, Trademark Registration

Micro and Small Enterprises (MSEs)– Definition of Micro, Small and Medium Enterprise Manufacturing and Service Segments.

Manufacturing Sector Services Sector
Micro Enterprise The investment in Plant and machinery ( Original Cost) does not exceed Rs 25 lakhs The investment in Equipment does not exceed Rs 10 lakhs
Small Enterprise The investment in Plant and machinery ( Original Cost)is more than Rs 25 lakhs but does not exceed Rs 500 lakhs The investment in Equipment is more than 10 lakhs but does not exceed Rs 200 lakhs
Medium Enterprise The investment in Plant and machinery ( Original Cost) is more than 500 lakhs but does not exceed Rs 1000 lakhs The investment in Equipment is more than Rs 200 lakhs but does not exceed Rs 500 lakhs
Ahmedabad, Anand, CLCSS, CSPO Registration, DIC Ahmedabad, Disctrict Industry Commisionerate, Enterprenuer, Gandhinagar, Gujarat, IEC Code, Import export documentation, interest subsidy, ISO registration, Kutch, Laghu udyog, manufacturer, Small Scale Industry, SSI registraion, SSI Unit

Business Loans (Small Scale Industries) – CGTSI

ING offers loans to Small Scale Industries at competitive interest rates without any collateral security.

Credit Guarantee Fund Trust for Small Industries [CGTSI]

ING is one of the member lending banks for CGTSI. ING Ltd offers loans of up to Rs 25 lakhs to SSI units under CGTSI at competitive interest rates without any collateral security and / or third party guarantee. In addition the guarantee fee payable to CGTSI would be debited to the account.

Minimum Loan Amount: No Minimum Amount

Maximum Loan Amount: Rs 25 lakhs

Eligibility:

The SSI units engaged in activities like manufacturing, processing or SSSBEs, including Information Technology and / or Software industry are eligible.

Guarantee fee payable to CGTSI:
One time Guarantee fee of 2.5% of the credit facility sanctioned.
Annual Service fee of 1% of credit facility on the outstanding loan amount as on March 31 each year.
Collateral: No additional collateral is required

For more details, write to us at

ING Vysya Bank Limited