How to establish an MSME in India with Sarvansh Mishra
Sarvansh Mishra
How to establish an MSME in India
Peculiar Methodologist for career guidance, educational counseling, self…
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About this session
Sure! Here's a brief version of the steps to establish an MSME in North India:
1. Choose Business Type
Decide on the business idea and structure (Proprietorship, Partnership, LLP, or Pvt Ltd).
2. Register as an MSME
Apply online via udyamregistration.gov.in using Aadhaar and PAN.
3. Get Necessary Licenses
GST Registration (if applicable)
Shop & Establishment License
Trade/Factory/Environmental License (if needed)
FSSAI (for food businesses)
IEC (for export/import)
4. Open Business Bank Account
Use registration documents and PAN.
5. Apply for Funding
Approach banks or use schemes like MUDRA, PMEGP, CGTMSE.
6. Set Up Office/Factory
Ensure compliance with local zoning and building laws.
7. Hire Staff & Follow Labor Laws
Register for EPF/ESI if applicable.
8. Stay Compliant
File GST and income tax returns regularly.
Let me know your
state and business type if you want a tailored version.