NSIC Registration

“Empowering Enterprises, Unlocking Opportunities.”

NSIC Registration is a certification provided by the National Small Industries Corporation (NSIC) to small and medium enterprises (SMEs) under the Single Point Registration Scheme (SPRS). This registration helps businesses gain government contracts, promote their growth, and avail financial and marketing support.

What is NSIC Registration?

NSIC Registration is a certification designed to empower MSMEs by granting them access to government procurement opportunities. Registered units benefit from exemptions, financial aid, and marketing advantages to enhance their market presence and competitiveness.

Why is NSIC Registration Needed?

Government Tenders: Gain eligibility to participate in government procurement tenders.
Exemptions: Avail Earnest Money Deposit (EMD) and tender fee exemptions.
Financial Assistance: Access credit support for operational needs.
Market Visibility: Boost credibility and visibility in the market.
Priority Procurement: Benefit from the government’s policy to procure from SMEs.

Documents Required

Udyam Registration Certificate
Proof of Business Address
Copy of PAN and GST Registration
Audited Financial Statements (for the last 3 years)
Declaration from the Enterprise
Ownership Documents or Rent Agreement
Bank Details and Canceled Cheque
List of Products/Services offered by the business

Our Process

Eligibility Assessment: Analyzing your business for NSIC registration eligibility.
Document Preparation: Gathering and organizing all required documents.
Application Filing: Completing and submitting the application with NSIC.
Inspection Coordination: Assisting with the inspection process by NSIC officials.
Certificate Issuance: Ensuring the certificate is delivered to you promptly.

Who Should Opt for This Service?

Small and Medium Enterprises (SMEs) aiming to expand their market reach.
Manufacturing Units looking to participate in government tenders.
Service Providers serving sectors with government procurement needs.
Startups and MSMEs seeking exemptions and financial benefits.

Benefits of NSIC Registration

Tender Participation: Direct access to government tenders.
Cost Savings: Exemption from EMD and tender fees.
Market Advantage: Enhanced credibility with NSIC certification.
Credit Support: Easier access to financial assistance and credit facilities.
Growth Opportunities: Priority in government procurement policies.

Conclusion

NSIC Registration is a gateway to growth and recognition for SMEs, providing them with numerous benefits and opportunities. At One Tax Consultant, we simplify the process, ensuring a hassle-free experience for your business.

FAQs on NSIC Registration

What is the validity of NSIC Registration?

NSIC Registration is valid for 2 years and can be renewed.

Are there any fees for NSIC Registration?

Yes, fees depend on the enterprise's turnover and inspection requirements.

Can a new business apply for NSIC Registration?

Yes, provided the business meets the eligibility criteria and has been operational for at least a year.