CS Executive · Setting Up of Business, Industrial and Labour Laws · Various Initial Registrations and Licenses
Meera, a sole proprietor in Jaipur, sells handicrafts and wants a legally recognised MSME status to access government scheme benefits. Which step achieves this?
Meera should register on the Udyam Registration portal, which is the online process that gives an enterprise recognised MSME status. Incorporation applies to companies, a trade mark protects a brand name, and a PAN is only a tax identifier, so none of those grants MSME status.
- AObtaining a certificate of incorporation from the Registrar of Companies
- BRegistering on the Udyam Registration portalCorrect
- CRegistering a trade mark for her brand
- DObtaining a PAN for her shop only
Explanation
MSME status is obtained through Udyam Registration, done online on the government portal. Certificate of incorporation applies to companies and is not required for proprietors. A trade mark protects a brand, and a PAN is a tax identifier; neither confers MSME classification.
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