Who Can Apply For MSME Registration in India
Who Can Apply For MSME Registration in India
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The MSME registration process categorises enterprises as micro, small and medium based on the investment and turnover limits. After the MSME registration process, any enterprise becomes eligible to receive various government subsidies and benefits. These benefits are a great way to boost your business and promote economic growth in the country.
The MSME registration is available for all types of entities including limited liability partnerships (LLP), private limited companies (Pvt. Ltd), one-person companies, and sole proprietorship firms. All these businesses are eligible to receive benefits, discounts, and other financial aid from the central as well as state governments.
Once you have submitted all these documents, you will be issued an Entrepreneur Memorandum (EM) number which should be used on all your letters, invoices and other documentation. You should also display the EM number on your website and other marketing materials. Once your application is approved, you will receive a confirmation letter. The entire MSME registration process can take up to 24 hours working.
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