FAQs

Get Answers to Your Concerns

What is MSME Registration (Udyam Registration)?

MSME Registration, now known as Udyam Registration, is a government identification for Micro, Small, and Medium Enterprises. It allows businesses to avail themselves of various government schemes, subsidies, and banking benefits.
Who is eligible for MSME Registration?

Any business entity working in the manufacturing or service sector can apply. This includes Proprietorships, Partnerships, LLPs, Private Limited Companies, and Public Limited Companies.
What are the key benefits of having an MSME Certificate?

Key benefits include collateral-free bank loans (CGTMSE), subsidy on patent/trademark registration, overdraft interest rate exemption (1%), eligibility for industrial promotion subsidies, and protection against delayed payments from buyers.
Is the registration process online?

Yes, the Udyam Registration process is fully online, paperless, and based on self-declaration. No physical documents are required to be uploaded.

What is Project Finance?

Project Finance involves the long-term financing of industrial and infrastructure projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors.
What documents are required for a Business Term Loan?

Common documents include KYC of directors, last 3 years ITR & Balance Sheets, Bank Statements (last 6 months), Project Report (DPR), CMA Data, and collateral details.
Do you prepare CMA Data and Project Reports?

Yes, we specialize in preparing detailed Credit Monitoring Arrangement (CMA) data and Detailed Project Reports (DPR) which are mandatory for bank loan applications.
Can you help with restructuring existing loans?

Yes, we advise on debt restructuring and refinancing to help businesses manage cash flows better and reduce the burden of high-interest debts.

How can I claim Electricity Duty Refund?

Eligible industrial units can claim a refund on electricity duty paid to the power department. You must submit the application with required documents like electricity bills, production proof, and exemption certificates within the stipulated time frame.
Are there subsidies for water and power tariffs?

Yes, specific state industrial policies offer reimbursement on power and water tariffs for eligible units for a fixed period (typically 5-7 years) from the date of commercial production.
What is the CLCSS Scheme?

CLCSS stands for Credit Linked Capital Subsidy Scheme. It provides a 15% subsidy for additional investment in eligible machinery and technology upgradation for MSEs.
Do you assist with Stamp Duty Refunds?

Yes, we assist industries in claiming refunds on stamp duty paid during the purchase of land or execution of loan agreements, subject to state specific policies.

What are Statutory Approvals?

Statutory approvals are mandatory licenses and clearances required from various government authorities to legally set up and run a business or factory.
Do you assist with Pollution Control Board (PCB) Consent?

Yes, we handle the complete process for obtaining "Consent to Establish" (CTE) and "Consent to Operate" (CTO) from the State Pollution Control Board.
What implies Factory License and Change of Land Use (CLU)?

We assist in obtaining Change of Land Use (CLU) permissions for industrial setup and Factory Licenses required under the Factories Act for manufacturing units.
Do you help with Fire NOC?

Yes, we provide consultancy for obtaining No Objection Certificates (NOC) from the Fire Department, which is critical for industrial safety compliance.

What is a Virtual CFO?

A Virtual CFO (Chief Financial Officer) provides high-level financial strategy, management, and analysis services to businesses that may not need or cannot afford a full-time in-house CFO.
How can a Virtual CFO help my business grow?

We help by budgeting, cash flow forecasting, cost control, compliance management, and providing strategic financial advice to improve profitability and scalability.
Is Virtual CFO suitable for Startups?

Absolutely. Startups often need expert financial guidance to manage burn rates and investor relations without the overhead cost of a full-time executive. Virtual CFO is the perfect solution.