Registrations & Licenses required for Startup

registrations and licenses for startup

National Small Industries Corporation (NSIC), is an ISO 9001-2015 certified Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME). NSIC has been working to promote, aid and foster the growth of micro, small and medium enterprises in the country. NSIC operates through countrywide network of offices and Technical Centres in the Country.In addition, NSIC has set up Training cum Incubation Centre managed by professional manpower.

What are the features of this scheme?

This scheme shall cover all those enterprises which have been registered with NSIC through Single Point Registration Scheme.
But this scheme shall not cover those units which have been engaged in trading activity.
This scheme provides a security deposit on back to back basis.
With the registration in the scheme, they will help in issuing tenders set i.e. free of cost
The units registered under this scheme shall be exempted from paying earnest money deposit.

What is the eligibility criteria to register under this scheme?

All those enterprises whether micro or small registered with Director of Industries/ District Industries Centre are eligible to
register under Single Point Registration Scheme of NSIC.
Micro and Small Enterprises those have been in existence for less than 1 year but have commenced their
commercial production to such enterprises registration shall be granted up to limit of ₹ 5 Lacs, which shall be valid for a period of 1 year.

What is the registration Procedure?

For registering under this scheme the enterprise shall file an application along with the requisite fees.
A duplicate copy of the application form will be forwarded to the concerned inspecting agency requesting for carrying out the technical inspection.
After the technical report has been received by the NSIC it shall issue a registration certificate.

What are the documents required for registration?

Details of plant & machinery i.e. the date of purchase, the original value of the asset.
Ownership Documents that should be self-attested.
Declaration from the Proprietor/Director that they do not have any connection with the large-scale unit.
Banker’s Report regarding the financial status of the applicant.
List of finished goods and the raw material.
Copy of the Pan Card.
Audited Balance Sheet, P&L, Trading Account.
List of places or cities where the services shall be available.
Items for which registration is available