What is the process for online SSI registration and MSME India?
Are you thinking to establish a small scale industry in India? Then you must know about the online SSI registration for the small scale industry in India. Swarit advisors can help you to get your MSME India registration in a blink with the help of their expert team members.
Stay tuned to this article to know more about the online SSI registration and MSME India registration with the valuable consultation of Swarit Advisors.
What is MSME/SSI Registration?
India is a residence for various small scale industries and these Micro Small and Medium Enterprises plays a vital role in Indian Economy. That’s why Indian Government has recently launched various beneficial schemes, incentives and subsidies to promote the establishment of MSME India under the MSMED Act. However, to get all these benefits you need to apply for the online SSI registration or MSME registration in India.
What is the eligibility for online SSI registration or MSME registration in India?
You can only apply for the MSME/SSI registration if you fulfill one or multiple criteria such as:
- You are a sole proprietor that means you are an exclusive owner of your business.
- You belong to Hindu undivided family.
- You have a partnership firm with another associate party.
- You own a One Person Company (OPC).
- You are a part of limited liability partnership
- You have a production company that produce materials.
- You own a private limited company
- You own a co-operative society.
- You work with an association with other people.
- Or you have any other undertaking.
What is SSI/MSME registration procedure?
MSME/SSI registration is a full fledge online process. You need to fill an application for the registration process. In that you can take the help of the Swarit Advisors and obtain the approval from the higher authorities. Online SSI registration or MSME registration process is given as follows:
1. File an application with respect to the government department.
2. Provide the required details of the industry in the application along with the following documents:
- Aadhar card number of the applicant.
- Fill in the details of the applicant like name, gender, PAN no. mobile number and email id.
- Details of the industry like types of organization, address, date of establishment, number of employees etc.
- Bank account details including bank account number and IFCS code.
- Main business activity of the organization.
- Investment in plant and machinery.
- NIC 2 digit code
Note: It takes around 2–3 days to complete the registration process under Swarit Advisors. All the necessary formalities are completed to avoid any kind of future disruption in the procedure.
Is it compulsory to apply for online SSI registration in India?
It is not mandatory to obtain the SSI registration in India for your small scale industry. But SwaritAdvisors highly recommend you to get your MSME or SSI registration to open the door for various benefits that can be availed only if your enterprise is registered under the government. Here are some of the benefits of SSI/MSME registration in India:
- Easy availability of the loans from the banks
- Easy opening of bank account
- Waiving off stamp duty and charges
- Reimbursement under the Bar Code Registration.
- Loans at low interest rates from the banks
- Concession in the electricity bill
- Subsidies in case of patent registration and many more.
Conclusion:
SSI/MSME registration is an online process that is not mandatory but has various benefits for its owner like easy bank loans at low interest rates, subsidies in electricity bill form the government, easy opening of bank account and many more. Online SSI registration procedure requires filing of an online application to the government authorities with the required documents. Swarit Advisors can help you in obtaining your SSI/MSME registration by filing the application on behalf of you. So get your SSI registration done hassle free with the help of Swarit advisors by making a call at their helpline number +91–9821399320 or drop a mail at info@swaritadvisors.com.
