msme registration

1. MSME REGISTRATION FOR SMALL SCALE BUSINESS https://udyamonlineregistration.org/

2. MSME is the backbone of the country. It helps and contributes to the socio-economic development of the country. MSME stands for Micro, Small, and Medium Enterprise. The micro small medium enterprises cover 95% of the Indian industry, 50% of goods exports and imports, and 45% of employment as per the MSME government.

3. It's not mandatory for MSME registration, however getting an MSME registration certificate will help to get benefits of Micro, Small, and Medium Schemes and reforms.MSMEs are governed by the Ministry of Micro, Small & Medium Enterprises in India and are also required to be registered under the MSMED or Micro, Small and Medium Enterprises Development Act, 2006.

4. MSME Registration is very important, as it allows the enterprises to avail benefits from the various schemes initiated by the government.The MSMED or Micro, Small, and Medium Enterprises Development Act of 2006, enterprises are classified into two types which are as follows:Manufacturing Enterprises are the enterprises that are engaged in the production or manufacturing of goods or products in the industry.Service Enterprises are enterprises economy.

5. The MSMEs are categorized into manufacturing units and service units.The classification has recently been updated based on investment and annual turnover to create a greater scope of growth for the MSMEs.

6. Documents Required for MSME Registration • Aadhaar card number • PAN card Number • GSTIN

7. THANK YOU