Suri Associates

MSME Registration

MSME Registration

Micro Small Medium Enterprises

UdyogAadhaar or MSME registration is a certificate provided to micro, small, medium-sized businesses in India under the Micro, Small and Medium Enterprise Development Act, 2006 (MSMED). UdyogAadhaar used to be referred to as MSME registration earlier. Now, the process for obtaining MSME registration has been merged with UdyogAadhaar registration and made online by the Government.

MSME stand for Micro Small Medium Enterprises. Ministry of MSME is distributing the certificate in the name of Udyog. In 2015, MSME department changed the name of the MSME certificate as UdyogAadhaar certificate with the unique reference number of UAN number. So the MSME certificate and Udyam certificate are same. Validity of this certificate is lifelong. Further, the Goverment of India has laid down comman norms of classifcation as MSME for Manufacturing & Service sector.

Benefits of MSME Registration

Some of the Benefits of Having MSME Certificate or UdyogAadhaar Certificate

  • 100% Collateral Free loans from all banks subject to bank policy.
  • Reduction in interest rates from Banks.
  • Special consideration on International Trade fairs.
  • Waiver in Security Deposit in Government Tenders and Departments.
  • 50% subsidy for patent registration.
  • Most states government offer subsidies on power, taxes and entry to state-run industrial estates.
  • Tax Benefits.
  • Business registered under MSME are given higher preference for government license and certification.
  • There are many government tenders which are only open to the MSME Industries.
  • The MSME Act, 2006 specifies 45 day credit period for the recipient of any goods or services to pay to the MSME supplier.

Client Testimonials

It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.

I have done my GST and Income Tax filing services for our manufacturing business from Suri Associates Tax consultant in Thrissur, Kerala. Their service is highly recommendable. I have approached them again for Suri Sir’s help for our other new businesses we are setting up in Delhi and Haryana.

A FMCG Firm

Kerala – Delhi - Haryana

We are in Partnership Business and were looking for some experienced consultant who can
guide and help us in our GST registration. We moved our Business from Tamil Nadu to
Kerala, and wanted to get the right advice on our new venture. After getting help from Suri
Associates at Thrissur, now we are seeking regular support on our tax related matters. We
are happy to put our review regarding the best services provided by Mr. Suri and team. Thank
you for your support and the operational advices for our business.

A Trading Firm

Irinjalakuda, Thrissur

As a returned NRI, I was not sure about the policies and procedures for starting a business
here in Thrissur, Kerala. After the first consultation with Suri Associates, I got perfect
guidance and support from them. Right from the beginning till today, Suri Associates has
given me the advice for GST Registration and other mandatory services for the setting up and smooth running of my business. I am happy with their services. They are the best GST and Tax consultants in Thrissur

A Proprietary Firm

Mundur, Thrissur

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