MSME REGISTRATION

If you register your Micro, Small, or Medium Enterprise (MSME) with JR Compliance, you unlock benefits such as access to government schemes, tax relief, and financial assistance, that boost your business growth and recognition.

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Service Overview

MSME Registration is a key step for businesses that helps them gain credibility, access loans, and benefit from various government schemes, easing financial challenges. It is essential to support your business growth and economic development.

‍Challenges of Filing for a Private Limited Company

Complex Procedures

The formation of the private limited company is quite complex as it requires many legal formalities.

Time-Consuming

Sometimes, its exhausting to gather all the necessary papers and fill out all necessary documents.

Share Limit

In a Private Limited Company there is a limit of 200 shareholders, with a restricted limit on share transfers.

Business Commencement

Within 180 days of registering a Private Limited Company, the certificate of commencement of business must be obtained.

‍Challenges of Filing for a MSME Registration

Complex Documentation

Companies often struggle with collecting the correct type of documents for MSME registration, which also may differ based on the business type.

Time-Consuming Process

The registration process can be very lengthy, that requires multiple verifications and approvals before completion.

Lack of Awareness

Many businesses are often unaware of the full scope of the benefits available through MSME registration, which limits their potential opportunities.

Adherence to Compliance

It can be difficult to be updated with compliance requirements and when government policies can be overwhelming for businesses.

Advantages Of Registering A MSME

Easier Loans Access

MSME registration provides easier access to financial support from banks and financial institutions at lower interest rates.

Government Scheme Eligibility

Businesses can avail themselves of numerous government schemes and incentives designed to promote MSMEs in India.

Tax Benefits

Registered businesses can enjoy tax exemptions such as central excise duty exemptions and deductions on direct taxes.

Reduced Registration Costs

MSME registration offers subsidies and discounts on patent and trademark registrations, reducing your overall costs.

Service Process

01

Application SubmissionApplication Submission

Fill out the MSME registration form online, providing essential details like your business name and Aadhar number.

02

Document Upload

Upload the required documents, such as identity proof and business registration details, for verification.

03

Udyam Portal Account Creation

Create an account on the official Udyam Registration portal to initiate and track the application process.

04

Verification

JR Compliance experts verify your submitted details to ensure accuracy and compliance with MSME regulations.

05

Certification Issuance

Once your application is approved, the MSME registration certificate is issued, granting you official recognition.

06

Ongoing Support

We provide ongoing support for tracking your registration progress and ensuring continued compliance with MSME requirements.

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Service Process

Consultation

We will have a consultation regarding your business vision and requirements to decide on whether the private limited company fits you well.

Documentation

We will help you to do the paperwork involving preparation of the Memorandum of Association and Articles of Association.

Registration

We will then forward all the necessary documents to the Registrar of Companies as required for registration.

Support

We will always be here with you to offer assistance and advice so that you can efficiently run your private limited company.

Compliance:

We will assist you in maintaining a continuing compliance with all legal and regulatory standards.

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Service Breakdown

Eligibility

Investment Limits: Businesses must meet the investment criteria in manufacturing or services to qualify for MSME registration.

Business Type: MSME registration is for various business types, which can include sole proprietorship, partnership as well as companies.

Sector: Both manufacturing and service sector enterprises are eligible for MSME registration but it depends on their investment.

Income Status: Businesses with an annual turnover within the MSME limits are eligible for this registration.

Documents

Aadhar Number: A valid ID like an Aadhar number is necessary for MSME registration to verify the business owner’s identity.

Business Documents: Business registration for MSME needs documents like PAN, partnership deed, or Memorandum of Association (MoA) that are necessary for the process.

Proof of Address: Address proof which can include utility bills or rental agreements must be submitted as the documented proof for the location where the business operations take place.

Investment Details: The details and proof have to be submitted about the business’s investment in the machinery, equipment, or services utilized or necessary to execute business operations.

Who Needs

Micro-Enterprises: Businesses with minimal investment in manufacturing or service sectors that seek government benefits.

Small Enterprises: Enterprises requiring financial assistance and government support to scale their operations.

Medium Enterprises: Established businesses needing official recognition and access to larger loans and subsidies.

Startups: New ventures aiming for credibility and benefits to help them grow in competitive markets.

Creating Trust-Driven Relationships

JR Compliance is one of the known name for BIS certification, they are well versed with processes
and guide client properly.

Kartik Shah

Published on 4 March 2024

We have outsourced the entire BIS certification responsibility of our panels to JR compliance since 2017 and their service so far has been
exemplary.

K Narayanan

Published on 4 March 2024

We have been using JR Compliance services since last 3 years on various BIS related registration & testing of our various IT & electronic products. We really appreciate your full-fledged & excellent support in all respect in this matter.

P N Dhawanjewar

Published on 4 March 2024

FAQ

Services

What is MSME registration?

MSME registration is a helpful way to certify that the business is either a Micro, Small or Medium Enterprise. This helps them to get access to various government benefits and multiple schemes that benefit the business growth.

How long does MSME registration take to complete?

The MSME registration process typically takes 7-10 working days after the document is submitted and fully verified.

What documents are required for MSME registration?

The documents needed for MSME registration are PAN card, Aadhar card, along with address proof, and for companies, incorporation documents such as Memorandum Of Association (MoA) and Articles of Association (AOA).

Can I apply for MSME registration online?

Yes, you can apply online to register for MSME, through the official portal for MSME registration. It can be a lengthy process so you can also seek help from professionals to make the process hassle free.

What is Udyog Aadhar number?

Udyog Aadhar just like the ordinary Aadhar used by Indian citizens contains a 12 digit number. This 12 digit number contains the details of all the information about the micro, small and medium enterprises.