SADHANA & Co., a Firm of Practising Company Secretaries based in Mumbai. We are providing best MSME Registration Consultancy Services in Mumbai.
The Government of India through MSMED ACT, 2006 has taken initiative to promote MSMEs by providing different subsidies, schemes and incentives to MSME’s.
MSMED ACT, 2006 provide for facilitating the promotion and development and enhancing the competitiveness of micro, small and medium enterprises and for matters connected therewith and incidental thereto.
To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.
Micro | Small | Medium | |
Enterprises engaged in the manufacture or production, processing or preservation of goods | Investment in plant and machinery does not exceed Rs. 25 lakh. | Investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore | Investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore |
Enterprises engaged in providing or rendering of services | Investment in equipment does not exceed Rs. 10 lakh. | Investment in equipment does not exceed Rs. 10 lakh. | Investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore. |