Benefits of MSME Registration.

Benefit of MSME Registration.

1. Protection against delay in payment.
2. Fast resolution of disputes
3. Collateral Free loans from bank
4. Exclusive consideration for participating in international trade fair
5. Octroi benefits
6. Waiver of Stamp duty and Registration fees
8. Barcode registration subsidy
9. Subsidy on NSIC Performance and Credit ratings
10. Counter Guarantee from GoI through CGSTI
11. Reduced rate of interest from banks
12. 15% subsidy under CLCSS scheme for technology upgradation
13. Exemptions while applying for Government tenders
14. Concession in Electricity Bills
15. Reimbursement of payment made for obtaining ISO certification
16. 1% exemption in interest on OD
17. Increasing eligible loan limit for optimal reasons, from the amount of Rs. 25 lakh to Rs. 50 lakh
18. Raising the extent of guarantee cover from 75 % to 80 %
19. Reservation of products for exclusive manufacturing by MSME/SSI
20. Easier registration and approvals to obtain Licenses
21. Eligible for IPS subsidy
22. Preference in allocation of Government tenders
23. Excise Exemption Scheme
24. Reduced rate of interest from banks
25. 50% subsidy for patent registration.

DECLARATION UNDER RULE 8(2)(b)(xiii) OF COMPANIES INCORPORATION RULES, 2014.

DECLARATION UNDER RULE 8(2)(b)(xiii) OF COMPANIES INCORPORATION RULES, 2014.

Date:

We the Promoters (Applicants) of the Proposed Company named “______________Forex Private Limited” Or “_________Forex Private Limited” have applied for the Name reservation with the Central Registration Centre Under the Reserve unique name (RUN) Service vide SRN No.: ____________ Dated:______________ having business object of Full Fledged Money Changers, Authorized dealers of all foreign currencies and activities related to it as main activity.

Herewith, we declare that the proposed company will not commence the business without prior permission of concerned authority i.e. Reserve Bank of India. 

___________________                           _____________________

Promoter                                         Promoter

CLARIFICATORY LETTER

CLARIFICATION LETTER

To

The Central Registration Centre (CRC)

Delhi.

Sub. : Resubmission Application for Name Approval with Declaration Letter for word “Forex”.

Ref.    : SRN ___________dated February 26, 2019

With reference to the above mentioned subject, we would like to state and submit that we have made an application in Reserve Unique Name (RUN) Service for availability of name for registration of Private Limited Company viz., _____________PRIVATE LIMITED vide SRN: __________dated February 26, 2019 on MCA Portal. Please note that we have been asked to re-submit through RUN Service, stating a reason that Company’s Name includes the word FOREX. So we need to provide Declaration from the promoters to take necessary approvals from the Authority i.e. RBI after the incorporation of the above mentioned Company. The Declaration has been enclosed here.

In lieu of the above reference, we would request your good office to consider our Name availability application and grant us the name applied for.

Yours sincerely,

…………………………

Promoter

Encl: