Documents Required for MSME registration in India

For promoting entrepreneurship, the government provides special benefits to the small businesses in the form of subsidies and incentives. Also, banks give loans at concessional rates to set up these businesses. For availing those, the small businesses need to register under Micro, Small and Medium Enterprises (MSMEs) act.If a business is registered under MSMEs act, it can avail several benefits like cheaper bank loans, tax benefits, preference during the tender process, and access to various schemes and incentives of government.

Documents Required

The entity has to submit business address proof, copies of purchase and sale bill, and licenses from regulatory bodies.

a. Business Address Proof

If the premise is self-owned– Allotment letter, possession letter, lease deed or property tax receipt. If there is a municipal license in the business name or in the name of the proprietor, partner or director of the business, no other possession document is required to be submitted.

If the premise is rented– Rent receipt and a no objection certificate from the landlord is required. Also, any utility bill or document evidencing the landlord’s ownership is to be submitted.

b. Partnership Deed/ MoA and AoA

If the business is a partnership firm, it has to submit its partnership deed. If the partnership firm is registered, it has to submit registration certificate also.

In case of a company, copy of Memorandum of Association and Articles of Association, and certificate of incorporation has to be submitted. With it, copy of the resolution passed in general meeting, and a copy of board resolution authorizing a director to sign the MSME application is also to be submitted.    

c. Copy of Licenses and Bills of Machinery Purchased

In few cases, the applicant has to submit a copy of industrial license which is to be obtained by giving an application to Govt. of India. Further, all bills and receipts related to purchase and installation of plant and machinery have to be kept safe and required to be submitted on demand.  

d. Aadhar Card 

 As MSME is also known as Udyog Aadhar, so it is necessary to submit a copy of Aadhar no. You also get one OTP while doing registration of Udyog Aadhar hence your aadhar must be linked to your mobile no.

e. Bank A/c Details

It is Mandatory to provide our bank account no. with Bank IFSC code.

f. Employees Employed.

While registering under Udyog Aadhar it is necessary to mention how many employes were em,ployed at the time of starting of business.