MSME+SAN Combo Offer

Description

SAN (Sansadhan Aadhaar Number)

What is SAN?

SAN is a unique 12-digit identifier issued to non-individual entities, such as businesses, organizations, and institutions, by the Ministry of Corporate Affairs, Government of India.

Benefits of SAN

1. Unique Identification: SAN serves as a unique identifier for businesses and organizations.
2. Compliance: SAN is mandatory for various regulatory compliances, such as GST, income tax, and company law.
3. Banking and Financial Transactions: SAN is required for opening bank accounts, availing loans, and conducting financial transactions.
4. Government Schemes and Benefits: SAN is necessary for availing government schemes, subsidies, and benefits.

Requirements for BRN/SRN

1. Business Entity: BRN is issued to businesses and organizations, including companies, LLPs, trusts, and societies.
2. PAN: The business entity must have a valid PAN.
3. GSTIN: The business entity must have a valid GSTIN, if applicable.
4. Business Address: The business entity must have a valid business address.

What is an MSME Certificate?

An MSME certificate is a registration certificate issued to micro, small, and medium-sized enterprises in India. The certificate is issued by the Ministry of Micro, Small, and Medium Enterprises (MSME) under the MSME Development Act, 2006.

Benefits of MSME Certificate

1. Easy Access to Credit: MSME-registered businesses can easily access credit facilities from banks and other financial institutions.
2. Subsidies and Incentives: MSME-registered businesses are eligible for various subsidies and incentives offered by the government.
3. Tax Benefits: MSME-registered businesses can avail of tax benefits, such as exemptions from certain taxes.
4. Government Tenders: MSME-registered businesses can participate in government tenders and contracts.
5. Increased Credibility: MSME registration increases the credibility of a business, making it more attractive to customers and investors.
6. Protection against Delayed Payments: MSME-registered businesses are protected against delayed payments from buyers.
7. Access to Government Schemes: MSME-registered businesses can access various government schemes, such as the Prime Minister’s Employment Generation Programme (PMEGP).

Requirements for MSME Certificate

1. Business Entity: The business must be a micro, small, or medium-sized enterprise, as defined by the MSME Act.
2. Investment: The business must have an investment in plant and machinery or equipment, as specified by the MSME Act.
3. Turnover: The business must have an annual turnover, as specified by the MSME Act.
4. Aadhaar Number: The business owner must have an Aadhaar number.
5. PAN Number: The business must have a PAN number.
6. Business Address: The business must have a valid business address.
7. Bank Account: The business must have a valid bank account.