• What do you understand by the term MSME / SSI Registration?

State Government and Central Government jointly offer many schemes and financial assistance to businesses registered under MSMED Act. MSME stands for Micro, Small and Medium Enterprises. MSMEs acted as the backbone of our economy as it offered more than 40% employment from various industries registered under it. Valid registration is a must to avail a bunch of benefits offered by various state governments, central ministry and private banks. Previous process of registering your business under the MSME category was very lengthy and consuming time of both government and applicant. Thus the government initiated a new process for quick approval and titled it as Udyog Aadhar Registration.

• What are the basic needs prior to MSME Registration?

1. Address Proof of Business:To apply for MSME / SSI registration, documents proving your business address are needed. Any of the documents like rent agreement, property tax receipt, utility bill etc. is needed.
2. Sales or Purchase Invoices:Sale or purchase invoices are needed to identify nature of your business
3. License Copy and Other Bills:Your business must hold a valid industrial license and also produce all the bills of machinery purchased to the Registrar on demand.

• Registration Process

1. To obtain MSME registration, first of all you have to apply for a provisional SSI registration certificate. This certificate is for the preoperational period that is when you have started your business but have a plan. It also helps MSME you need to obtain term loans obtain term loans term loans to obtain term loans obtain term loans term loans and working capital.
2. To do the registration the small and medium scale industry owner has to fill a single form which he can do online as well as offline.
3. In the offline process you can apply through the zonal office or district office of the department.
4. If a person wants to do registration for more than one industry then also he/she can do individual registration.
5. To do the registration he/she has to fill a single form which is available at the website
6. The document required for the registration is Personal Aadhar number, Industry name, Address, bank account details and some common information.
7. Aadhaar number is not compulsory for registration under MSME act, 2006.
8. In this, the person can provide self-certified certificates.
9. There are no registration fees required for this process.
10. Once the detail-filled and uploaded you would be getting the registration number.
11. Once the entity commences its operation, it can apply for permanent license which has a lifetime validity, unless cancelled.