MSME Stands for micro, small and medium enterprises and any enterprises that falls under any of these three categories can apply for the MSME Registration. MSME registration that falls under the MSMED act facilitates promotion and development of enterprises and improves its functioning. Any type of enterprises can apply for the MSME Registration. These includes proprietorship enterprises, enterprises managed by Hindu Undivided family, Co-operative society, Partnership firms and enterprises managed by companies or undertakings etc. After the registration an enterprises become eligible to get the benefits under the MSMED Act.
There are two stages of registration Provincial EM Part-1 and Permanent (final ) EM Part-2.
An enterprise is granted provincial registration when it is pre-investment stage. After getting provincially registered, an enterprise can apply for the permanent registration; However an enterprises that is already working can directly apply for permanent registration EM Part-2. After getting EM number an enterprises should get the number printed on the letter heads, Invoice, bills, Supply Order sheets and other necessary documents, Benefits of MSMEs Registration in India The MSME registration process in India has been providing benefits to all enterprises. After the registration, any enterprises can reap the benefits offered under the MSME Act.
1- After Provincial MSME registration company can seek financial credit form the bank.
2- Other facilities like Land, Industrial Set-up and water / Concession in electricity/telephone connection and bills for the business.
3- Protection against delay in payment from Buyers and right of interest on delay payment if payment is late.
MSME registration provide extensive facilities to the company in many fields. ARS Business Consulting Private Limitedis a company that provide services in many field like MSME Registration, Food Registration, Food License, Taxation (sale tax, service tax, vat, cst, tds) and filling ITR of Individual, Business, working for the company whether small and big for solving their legal issues, and working for those companies who wants to outsource their books of accounts.
ARS Business Consulting maintains all accounting work for the clients, ARS Business Consulting also provide facility to the person who wants to open new company whether its Pvt. Ltd., Limited, OPC, Partnership,Shop Act Registration and also solve all the problems related with ROC, also make class 2 class 3 DSC for the clients.
ARS Business team,