NSIC Registration Consultant
Are you in search of an NSIC Registration Consultant near you? We are the premier NSIC Registration Service Provider, catering to clients across India and conveniently located near your area. The National Small Industries Corporation (NSIC) Scheme is designed to assist Micro, Small, and Medium Enterprises (MSMEs) in expanding their businesses. The Single Point Registration Scheme offered by NSIC makes eligible businesses entitled to various benefits in public procurement, as outlined in the 2012 and 2018 Government Notifications. Additionally, NSIC-registered businesses enjoy advantages such as subsidies, priority in tender participation, and waivers for Earnest Money Deposit (EMD) and tender costs. Register your company/MSME under NSIC with our comprehensive NSIC Registration Consultancy services.
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NSIC Registration
National Small Industries Corporation (NSIC) is a Government of India enterprise under the Ministry of MSME, dedicated to fostering the growth of Medium and Small Enterprises. NSIC offers various schemes aimed at developing small industries, including the Bank Credit Facilities Scheme, Raw Material Assistance, Single Point Registration, E-Market, and MSME Mart (B2B Portal). The objective of NSIC is to unlock the hidden growth potential of MSMEs and support them in scaling their businesses.
The Single Point Registration Scheme (SPRS) focuses on enhancing MSME participation in government procurement. Under this scheme, Government Organizations reserve a minimum quota of total purchases for NSIC Registered Units, providing priority in public procurement. SPRS offers significant benefits in tender procurement, such as waiving tender costs, exempting EMD deposits, offering association/partnership facilities for tender marketing, and allowing MSMEs to supply up to 25% of the order value with L1 Price.
In today’s scenario, PSUs/Government entities have set a target to procure 25% of total products/services from MSME Units. Therefore, NSIC Registered Single Point Registration Scheme plays an integral role in the Government’s supply chain. All MSME UDYAM Registered Businesses are eligible to apply for NSIC (SPRS) Registration. Connect with us for NSIC Registration, We are the India’s Best NSIC Registration Consultant offering consolidated NSIC Registration Solution.
Benefits of NSIC Registration
The primary benefits of NSIC Registration include:
Free Tender Document Issuance: Access to tender documents without any cost.
Exemption from Earnest Money Deposit (EMD) Requirement: Relief from providing EMD while participating in tenders.
Partnership Opportunities in Tendering: Capability to collaborate with other entities for tender submissions.
Fulfillment of Reserved Purchase Quota: Ability to meet the minimum quota of purchases reserved by PSU/Government units.
Supplying 25% of Tender Value at L1 Bid Price: Authorization to supply up to 25% of the total tender value at the L1 bid price.
Priority in Procurement: Preferential treatment in procurement processes, enhancing opportunities for business.
Eligibility for obtaining NSIC Registration
Every MSME Registered Business can apply for NSIC Registration. Thus, UDYAM/MSME Certificate holders are eligible for NSIC registration.
What Are the Documents Required for NSIC Registration?
The following documents are required for NSIC Registration:
1. PAN Card
2. UDYAM Registration Certificate
3. Details of Plant and Machinery
4. List of Quality Control Equipments
5. Financial statements and Income Tax Returns for the last three years
6. Audit Report by a Chartered Accountant
7. Bank Report (as per provided format)
8. Declarations (to be provided)
9. If a Partnership Firm, LLP, or Private Limited Company: Corporate Identification Number (CIN), Deed, Memorandum of Association (MoA), and Articles of Association (AoA) as applicable.
NSIC Registration Consultancy Package
We are the nearest NSIC Registration Consultant, We provide NSIC Registration at very affordable price of Rs. 10,000/-. (NSIC Government Process Fees is additional as below)
- Up to 1 Crore Turnover
- Micro Enterprise: Rs. 3000
- Small Enterprise: Rs. 5000
- Above 1 Crore Turnover (Additional Fees Per Crore)
- Micro Enterprise (per Crore): Rs. 1500 Per Crore
- Small Enterprise (per Crore): Rs. 2000 Per Crore
- Inspection Charge : to be borne by Applicant Entity
Process of NSIC Registration
Send us required documents for National Small Industries Corproation (NSIC) Registration.
We will prepare documents, and file NSIC Online Application. After that Inspection will be carried.
On Completion of all requirements of NSIC, a Certificate of NSIC Registration will be issued.
How can NSIC Registration benefit tender bidders?
NSIC Registration offers numerous benefits to tender bidders. It provides access to free tender documents, exemption from Earnest Money Deposit (EMD), and priority in procurement processes. Additionally, NSIC-registered bidders can fulfill reserved purchase quotas by PSU/Government units, supply up to 25% of the tender value at the L1 bid price, and enjoy partnership opportunities in tendering. These advantages enhance competitiveness and increase opportunities for successful tender bids.
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FAQ's on NSIC Registration
Yes, NSIC Registration is valid nationwide, and registered MSMEs can avail of benefits and opportunities across India.
NSIC Registration is not mandatory for MSMEs, but it offers various benefits and opportunities to registered entities.