MSME i.e. micro, small and medium enterprises and any enterprise are considered as the backbone of any economy. So, to support and promote MSMEs, MSMED Act was enacted. Now, to avail the benefits under the Act, MSME Registration is required.
Both the manufacturing and service sector can obtain MSME Registration. It is also known as Udyog Aadhar. Although the MSME registration is not compulsory but to avail a range of benefits like eligibility for lower rates of interest, excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies and other support, registration is advisable. It can be obtain any time at the discretion of owner but it is generally advised to take it immediately after incorporation of your enterprise. We at Legal Suvidha will help you in getting MSME registration.
Advantages of MSME Registration
MSME registration ensures cheaper bank loans. The interest rates are much lower than interest on regular loans.
TAX BENEFITS & SUBSIDIES
Various tax benefits & subsidies are also offered like tax rebates to MSME.
Many government tenders are only open to the MSME Industries.
Businesses with MSME registration are generally preferred for government license and certification.
Commercial banks can grant composite loans within a limit of INR 1 Crore.
Why Choose Us
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What People Say About Us
Excellent service and has been very timely in response. They are very patient too and guided us with the right steps even though we approached them with very few days left before the deadline. I highly recommend them to other startups who need legal advice and do all the paperwork at the year-end. And we would approach them for all our future requirements as well.
Great services and expertise. Highly recommended, Quick work and provided good support for the entire process. Made things very easier for us and I got my first ever Trademark for my product in just no time. I recommend their services to all the Startups for a hassle-free registration and other services. Again Thank You So Much Team Legal Suvidha... Good work...
Rajesh Srivastava, Startup CEO
We highly recommend them. Best in class services. Thank you for helping me through the process and for prompt replies. All the Best in your Endeavors. We highly recommend them. Best in class services. Thank you for helping me through the process and for prompt replies. All the Best in your Endeavors. I will surely consider them for future work.
Krish Mundarath, Businessman
Legal Suvidha filed my GST, Income Tax Returns for my business Happy by their service. They are Excellent, cost effective, efficient, co-operative & Genuine service providers keep up the good work in the future. Thank you for shaping my business in the right direction. I would suggest others to take up their services they are better than other competitions present in the market.