Documents Required for MSME Registration in India

MSME stands for Ministry of Micro, Small and Medium-Sized Enterprises. These industries are the most prevalent in India. For MSMEs to develop and expand, the Indian government has devised programmes specifically for them. You must register your business as an MSME to take advantage of this. Although it seems like a laborious process, it is straightforward and uncomplicated. However, there is a lot of paperwork needed for the same. Let us explore in this blog the documentation needed to register an MSME in India.

Documents for MSME registration

Aadhaar Card

The Aadhaar card is a unique identification card that contains a 12-digit number assigned to every citizen of India. It also contains biometric information like iris scans and fingerprints and signifies that you are a legitimate citizen residing in India.

PAN Card

A PAN card number is legitimate for all finance transactions in India. It is a 10-digit number provided by the Income Tax Department of India.

Bank Statement

A bank statement signifies that the business owner is capable of financial transactions. To prove the same, you must provide your business bank statement for the last 6 months. This is also essential to obtain loans for your business.

Business Address Proof

Another proof related to your business is the business address proof. It could be an electricity bill or property tax receipt with the business’s name, owner’s name and address.

You can also visit : MSME or Udyam Registration in Gujarat

GSTIN

This document is important if you are a GST-registered company. GST is a form of indirect tax imposed on manufacturing, transporting, selling and consuming goods and services. To check if your business falls under the GST, check the turnover of your business. If it exceeds 20 lakhs, you must register your company under GST.

Incorporation Certificate

An Incorporation Certificate is the most basic document required by any business as it signifies that this business is registered with the Indian Government. It is issued by the Registrar of Companies (RDC) of India. If you have partnerships in your company, you will also have to submit a partnership deed that signifies the terms and conditions of the partnership.

NOC from Landlord

If your business is not on your owned property, you must submit a No Objection Certificate from your landlord.

Conclusion

With all these documents and minor details like registered phone numbers, turnover details, investment details and bills and invoices copies, you can rest assured that your company will be registered with MSME. Then you can surely cherish all the benefits and schemes provided by the Government of India. To know more visit Tatva Consultancy Services.