MSME Registration

Empowering Your Business with Government Recognition

At VETRI AUDIT SERVICES PRIVATE LIMITED, we specialize in offering seamless assistance for MSME (Udyam) Registration, enabling micro, small, and medium enterprises to access the benefits, incentives, and schemes extended by the Government of India.

What is MSME?

MSME stands for Micro, Small, and Medium Enterprises. These enterprises are a vital component of India’s economic framework, contributing significantly to GDP, exports, and employment generation across sectors.

MSME Classification (As per MSMED Act, 2006 & Revised Criteria – effective from July 1, 2020)

Types of Enterprises Eligible

• Manufacturing Enterprises - Involved in the production or fabrication of goods.
• Service Enterprises - Businesses offering services like IT, finance, hospitality, etc.
• Trading Enterprises - Generally not eligible for MSME benefits.

Why MSMEs Matter

• Employ over 110 million people
• Contribute around 30% to India's GDP
• Generate nearly 45% of India's exports
• Foster inclusive growth in rural & urban areas
• Promoteinnovation and self-employment

Key Benefits of MSME (Udyam) Registration

MSME Registration provides access to a host of government-backed schemes and incentives:

• Collateral-free loans under MUDRA and CGTMSE schemes
• Priority in public procurement and government tenders
• Subsidies on patent/trademark registration and ISO certifications
• Protection against delayed payments through MSME Samadhaan
• Concessions on electricity bills, licenses, and approvals
• Easier access to business credit, bank loans, and overdraft facilities

Who Can Register under MSME?

Any entity engaged in manufacturing or service-related activities that meets the investment and turnover limits can register:

• Sole Proprietorships
• Partnership Firms
• Private Limited Companies
• Limited Liability Partnerships (LLPs)
• Self-employed Individuals
• Co-operative Societies

MSME Category at a Glance

Documents & Information Required for MSME Registration

To register under Udyam, you’ll need the following:

• Aadhaar Number of Proprietor / Partner / Director
• PAN of the Business or Entity
• GST Number (if applicable)
• Business Bank Account Details
• Registered Business Address
• NIC Code (Industry Classification Code)
• Investment & Turnover Details (Auto-fetched via PAN/GSTIN)

Step-by-Step MSME (Udyam) Registration Process

Sample MSME Scenarios

• A small textile unit employing 25 workers and ₹80 lakh turnover - Micro Enterprise
• An IT firm with ₹8 crore turnover - Small Enterprise
• A packaging manufacturer investing ₹30 crore with ₹200 crore turnover - Medium Enterprise

Why Choose VETRI AUDIT SERVICES?

• Expert Guidance - End-to-end support from registration to compliance
• Error-Free Filings - Ensure smooth and accurate registration
• Time-Saving - Quick processing and document handling
• Consulting Support - Post-registration advice and compliance tips
• Affordable Pricing - Transparent and competitive service charges

Ready to Register Your Business as an MSME?

Let VETRI AUDIT SERVICES PRIVATE LIMITED guide your journey from start to certification. Contact us today for a free consultation and take advantage of the MSME ecosystem!