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Please don't hesitate to get in touch with Tax Advocate India, a renowned advocate agency in Delhi. We provide result-oriented legal assistance to companies for MSME registration in Delhi. The government has set criteria to classify the companies based on their investment and turnover. The MSME basically stands for Micro, Small, Medium enterprises. MSME registration will give your company declaration whether it is a micro, small, or medium-sized company. If your company has a maximum investment of 1 crore rupees and a maximum turnover of 5 crore rupees, it will be declared a micro-enterprise. Similarly, a company is considered small if its maximum investment is ten crore rupees and turnover of 50 crore rupees. And if you invest 50 crore rupees and your turnover is 2.5 hundred crores, your company will be considered a medium enterprise.
These days MSME registration has become relatively more straightforward, and you can apply for it online. Nonetheless, if you need assistance, Tax Advocate India is always available for your services.
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