All about msme (Udyog Aadhaar) REGISTRATION Online

MSME/ UDYAM REGISTARTION registration means, micro, small and medium enterprises registration with government. All enterprises fall under the following can get unique identification from Small scale industry department.

In MSME/ UDYAM REGISTARTION, both manufactures and service providers can get registration. it is beneficial for small business at it provides a so many benefits  to an entity like lower rates of interest, rebate in fees for trademark registration, tax subsidies, working capital loans, term loans, capital investment subsidies and other support. Ovakil.com  provided MSME/ UDYAM REGISTARTION within 2 day with online tracking.

Followings are the benefits of MSME REGISTRATION / UDYAM registration:

  1. Banks/ small finance institutions prove loan to MSME/ UDYAM REGISTARTION registered party at cheaper rates.
  2. It provide security to MEME party who give their services/ products on credit basis, as per MSME/ UDYAM REGISTARTION act every vendor should pay within 45 days to a party who were registered under MSME/ UDYAM REGISTARTION
  3. Many of government programs/ tender required compulsory registration under MSME/ UDYAM REGISTARTION
  4. Registration under MSME/ UDYAM REGISTARTION will give various tax advantages to the assesses in income tax
  5. Capital investment subsidies are also available in various government schemes for those who are registered under MSME/ UDYAM REGISTARTION registration
  6. Registration under trademark or patent will cost you less if you registered MSME/ UDYAM REGISTARTION

 

There are three types on entities in MSME/ UDYAM REGISTARTION:

Micro Enterprises: Investment up to Rs 1 Cr and turnover up to Rs 5 Cr

Small Enterprises: Investment up to Rs 10 Cr and turnover up to Rs 50 Cr

Medium Enterprises: Investment up to Rs 50 Cr and turnover up to Rs 250 Cr

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Documents Required for msme Registration

1. Pan Card

Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.





PAN

2. Aadhaar Card

Aadhar Card is required for GST registration.






aadhar

3.Saving Bank Details

Bank account details is required for registration. We need Passbook first page and latest statement. Also provide us Bank account number, IFSC code and Branch name



CURRENT ACCOUNT STATEMENTS

4. Business address proof

Any utility bill like electricity bill or water tax bill is required, in case property is rented in than rent agreement with owner is required.




Electricity bill
Smiling confident businesswoman posing with arms folded. Happy beautiful black haired young Latin woman in formal suit standing for camera over white studio background. Corporate portrait concept

Reasons for FOSCOS/FSSAI Registration

1. Bank Account Opening

GST registration is helpful for current account opening for proprietorship and partnership firm as they don't have any other government issued document.

2.Turnover Criteria

Entities involved in supplying of goods or services with an annual aggregate turnover of more than Rs.40 lakhs in most States are required to obtain GST registration mandatory. In special category states, the aggregate turnover criteria has been reduced to Rs.20 lakhs.

3. Inter-State Supply

If an entity undertakes inter-state supply of goods and/or services, then GST registration must be obtained mandatory, irrespective of aggregate annual turnover. For example, if a business in Maharashtra supplies goods to a business in Tamil Nadu, then GST registration is required.

4. E-Commerce Sellers

Entities involved in the supply of goods or services through e-commerce platforms are mandatory required to obtain GST registration, irrespective of aggregate annual turnover. Hence, sellers on e-commerce platforms like Amazon, Flipkart and Snapdeal would have to register under GST mandatory.

5. Casual Taxable Persons

A casual taxable person is someone who occasionally undertakes supply of goods or services having no fixed place of business. An example of a casual taxable person can be a fireworks shops setup during Diwali festival time, selling fireworks or a temporary food stall.

REGISTRATION PROCESS

Step-1

Single Owner

Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.

Step-2

Easy to Start

For proprietorship registration we need Adhaar card of individual ( Some time Voter ID may work ) for address of individual.

Step-3

Less documents required

Individual PAN card is required for registration. In proprietorship no separate PAN card will applied.

Step-4

Taxation benefits

For proprietorship registration we need Adhaar card of individual ( Some time Voter ID may work ) for address of individual.

How Ovakil help with Proprietorship Registration?

Ovakil helps you for registering Proprietorship business, it usually take 2-3 days for all process.

1. Shop Establishment Registration

For proprietorship registration there are many type of registrations. Shop establishment one of them, the process of this registration is different in every state of India

2. GST Registration

This registration will take 2-3 days and GST registration is sufficient to open current account for business.

3. Udhyog Adhaar Registration

Udyog Aadhaar is a registration for all micro, small and medium sized businesses. This registration along with a GST registration can be used for opening of bank account.

HOW OVAKIL HELP IN OPC REGISTRATION ?
FAQ

FAQs

It’s a totally based on online process all you need to submit the document to us, and there is no need of physical appearance, just forward your documents on our Mail ID

Yes, there is no restriction for taking more then one GST number. However you need to create different account for every registration.

Benefit of 20 lakh turnover is not available if you do sale outside the state in which your business is registered. Even if you make single sale, then you need to take registration in GST .

No annual charges are required for GST registration, this is one time process, however GST return to be file every month even if no sale done by you.

Scanned copy of all above documents is sufficent, you can upload the docs in your user login or directly mail us.

For GST of company , firm or LLP the registration will be on same name . But in case of proprietorship registration the name can be decided by the proprietor.

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PACKAGES

sILVER

all inclusive fees
1499/- Monthly
  • FOSCOS REGISTRATION FOR 1 YEAR
  • EXPERT ADVICE
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all inclusive fees
5799/- Monthly
  • FOSCOS REGISTRATION FOR 5 YEARS
  • EXPERT ADVICE
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PLATINUM

all inclusive fees
11999/- Monthly
  • FOSCOS CENTER REGISTRATION FOR 1 YEAR
  • EXPERT ADVICE
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