Get your business registered under MSME & get benefited under the Aatmanirbhar Bharat package announced for MSMEs of Rs. 20,000 Crores.
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Register your import export business under Directorate General of Foreign Trade, Ministry of Commerce and Industry, Govt. of India.
What keeps the economic wheels for a developing country like India running? It’s the Micro, Small, and Medium Enterprise (MSME) sector of the nation. This sector prides itself as a primary contributor to manufacturing exports, employment, and industrial units in India.
However, a business has to hit the benchmark to qualify as an MSME. Not every business can fall under the MSME category as there is a maximum revenue criterion set by the Government.
As per the MSMED (Micro, Small, and Medium Enterprises Development) Act, 2006,
This definition of MSME has been recently amended on the 13th of May 2020 by the central government.
If you choose Aadhar Udyog registration, then your business can avail of special schemes from banks custom made for MSMEs, enjoy an exercise exemption scheme from direct taxes, and many more.
Also, registered businesses with MSME certificate will benefit from various government departments, including electricity.
Here are some other benefits:
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