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NSIC Registration

Looking for government grants and eager to participate in government tenders? Secure your NSIC registration along with MSME registration today!

Get Your NSIC Registration

Make your business global. Apply from anywhere in India with Ayush registration

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Why Should I Use Auriga Accounting For NSIC registration ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your NSIC Registration.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for registration

Complete your registration

Your NSIC Registration Is Done

Why Should I Use Auriga Accounting For NSIC Registration ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your NSIC Registration.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for registration

Complete your registration

Your NSIC Registration is Done

Overview: NSIC Registration

The National Small Industries Corporation (NSIC), operating under the Ministry of Micro, Small, and Medium Enterprises (MoMSMEs), is a key player in supporting the growth of MSMEs across India. Established in 1955, NSIC provides essential support services, including technology, marketing, finance, and other business services. Professionals manage its various incubation and training programs to foster the development of small businesses.

NSIC enables Micro and Small Enterprises (MSEs) to participate in government procurement through the Single Point Registration Scheme (SPRS). With ISO 9001:2015 certification, NSIC is recognized as a Mini Ratna PSU and plays a pivotal role in facilitating the growth of small businesses.

Founded by the Indian government post-independence, NSIC acts as a bridge, offering crucial assistance to small-scale industries. MSEs registered with NSIC can access a variety of government development initiatives, helping them expand their operations and contribute to India’s economic growth.

Check If You Are Eligible for NSIC Registration

To proceed with NSIC Registration, ensure you meet one of the following eligibility criteria:

  1. Existing Businesses: Micro and Small Enterprises (MSEs) that are registered with either the EM Part-II (Optional) or Udyog Aadhaar Memorandum (UAM) are eligible to apply for NSIC Registration.
  2. New Businesses: Nascent MSEs that have started commercial production but haven’t yet reached their first anniversary of establishment can also qualify.
  3. Provisional Registration: Newly established Micro & Small Businesses can apply for a Provisional Registration Certificate, which remains valid for one year.
AURIGA ACCOUNTING PRIVATE LIMITED eligible NSIC registration

Benefits of NSIC Registration

NSIC Registration offers a range of valuable benefits for businesses, enabling them to tap into various government opportunities. Some of the key advantages include:

  1. Free Issuance of Tender Sets: NSIC-registered businesses can access tender sets without any charge.
  2. Exemption from Earnest Money Deposit (EMD): MSEs registered with NSIC are not required to pay EMD while participating in government tenders.
  3. Price Band Flexibility: MSEs participating in tenders and quoting prices within the L1 + 15% price band can supply up to 25% of the requirement at the L1 price, provided that L1 is offered by non-MSEs.
  4. Mandatory Government Procurement from MSEs: Every Central Ministry, Department, and PSU must set an annual target to procure at least 25% of their total goods and services from MSEs.
  5. Special Quotas for Women and SC/ST Entrepreneurs: Of the 25% government procurement from MSEs, 3% is reserved for women-owned businesses and 4% for SC/ST-owned businesses.
  6. Exclusive Products for SSI Sector: 358 products are exclusively available for purchase from the SSI sector, providing MSEs a unique advantage in the market.
AURIGA ACCOUNTING PRIVATE LIMITED Benefit NSIC Registration

Documents Required for NSIC Registration

To complete your NSIC registration—whether online or offline—you’ll need to provide the following documents along with your application:

  1. Certificate of Incorporation (for companies)
  2. LLP Agreement and Form A issued by the Registrar of Firms (for LLPs)
  3. Memorandum of Association (MoA) and Articles of Association (AoA)
  4. Attested documents proving ownership of the business premises
  5. Director’s declaration confirming no association with any large-scale units
  6. List of inventory including raw materials, finished goods, and semi-finished goods
  7. PAN card of the business entity
  8. Financial records such as bank statements, ITRs, and audited financial statements
  9. BIS License (if applicable)
  10. Information about quality control equipment available in the factory
  11. Human resource recruitment summary or report
  12. Recent utility bills (electricity, water, etc.) as proof of business operations
AURIGA ACCOUNTING PRIVATE LIMITED Document NSIC Registration 2

Challenges Faced During NSIC Registration

Registering under NSIC can be a valuable step for Micro and Small Enterprises, but the journey is not without its hurdles. Here are some common challenges applicants may encounter:

  1. Complicated Process
    The NSIC registration process can be intricate and difficult to manage alone. Without a dedicated team or expert support, applicants often struggle with missing key steps, deadlines, or compliance requirements.
  2. Extensive Documentation
    Preparing the required documents for NSIC registration can be overwhelming. The volume and detail needed can lead to stress and errors, especially when trying to compile everything accurately within a tight timeline.
  3. Lengthy Compliance Requirements
    The list of compliance obligations for NSIC registration and ongoing operations is extensive. Handling them without professional help can increase the risk of missed requirements, which may result in penalties or notices for non-compliance.
AURIGA ACCOUNTING PRIVATE LIMITED Process NSIC Registration

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Our Happy Clients!

Excellent
Based on 12 reviews
MD SAHIL
MD SAHIL
2023-06-10
Auriga Accounting is right CA firm is crucial for the financial health of our business. Auriga Accounting is reputable firm with experienced professionals, strong technology infrastructure, good communication, and transparent pricing.
Prince Kushwaha
Prince Kushwaha
2023-06-10
Workplace must be peaceful and be active during work , the Auriga Accounting Private Limited provides relevant and necessary things so employees save their time and complete their task before time period effectively and efficiently
Prince Singh
Prince Singh
2023-06-10
Auriga accouting private limited and it's team provide best service at affordable price. I have done my previous year GSTR and ITR they did it before the time
Priyanka Kumari
Priyanka Kumari
2023-04-07
They are best coordination with me. Time to time inform me how to work and what work is my pending. Time to time updated me about my company profile work like ROC Filling last date, GST filling last date, ITR etc... I have no paid any penalty since I started working with Auriga..
Vishal Singh
Vishal Singh
2023-04-07
Best company for providing services, I recommended to all. They give me the best rate of price and finished work before the time.
Sameer khan
Sameer khan
2023-04-07
The auriga accounting private limited is a reliable and a customer support company the team has give Clear answer towards the customer by which the customer cannot get confused and get necessary detail to solve their queries and auriga provided me good service and delivered my work on time very well coordinate with me and talk very well I suggest if you have any work then call auriga they will definitely finish your work on time
Vivek Shakya
Vivek Shakya
2023-04-07
Great Services , within affordable rate and give full satisfaction on works. Easy to Cordinate, I have done My Previous year ITR , Startup Registration. I am very happy with their services and their first priority is their Customer.
find way
find way
2023-04-06
I'll give a five-star rating, I had doubts about how to start my work in the field of business and they guide me and instruct me on how to start a business. They have a great team.
623 Anjali
623 Anjali
2023-04-06
The Auriga has great services. Efficient communication and really easy way to get help and support.
Anjali Sharma
Anjali Sharma
2023-04-06
Auriga Accounting team represents the highest level of customer services I have experienced.The team gives accurate information and responses to queries very fast, which are customer is facing.

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