Entrepreneurs Memorandum (Part 1)

English

Overview:

To facilitating the promotion and development and also enhancing the competitiveness of micro, small and medium enterprises the Micro, Small medium Enterprises Act, 2006 was enacted. According to the Act any person intended to set up Manufacturing or Service enterprises may file Memorandum at its discretion. Definition of enterprises under the Act is as follows:

(i) Micro Enterprise

Manufacturing: Where the investment in Plant &machinery does not exceed Rs.25 lakh.

Service: Where the investment in Plant & machinery does not exceed Rs.10 lakh.

(ii) Small Enterprise

Manufacturing : Where the investment in Plant & machinery is more than Rs.25 lakh but does not exceed Rs.500 lakh. 

Service: Where the investment in Plant & machinery is more than Rs.10 lakh but does not exceed Rs.200 lakh.

(iii)Medium Enterprise

Manufacturing: Where the investment in Plant & machinery is more than Rs.500 lakh but does not exceed Rs.1000 lakh. 

Service: Where the investment in Plant & machinery is more than Rs.200 lakh but does not exceed Rs.500 lakh.

There are two types of Entrepreneurs Memorandum, viz (i) EM part-I ( EM-I) and EM part-II (EM-II). There is no fee for processing or issuing EM-I or EM-II and the General Manager, District Industries & Commerce Centers (DICC) are the competent authority to issue Acknowledgment of EM-I/EM-II.

The EM-I will help the investor to apply for land/shed allotment, power sanction, application for loan, factory license, NOC from Pollution Control Board, etc. However, EM-I is valid for only two years from the date of receipt of Acknowledgment.

The EM-II should be file within 6 months from the date of going into commercial production. EM-II enables the entrepreneurs to avail the benefit of various incentives under the Central/State policies. In Assam, prior permission for submission of EM-I/EM-II is required from the State 

Who should apply?

Any entrepreneur requiring shed within the Industrial Estates in Assam for setting up of an Industry shall apply for shed allotment.

Required Documents:

(a) Certificates: No need to submit any certificate while filing EM-I.

(b) Photo Id, size, quality, signature etc: No Photo ID is required for filing application. Applicant may put their digital signature if so desired.

Timeline:

The approval will be granted on the same day, if documents submitted are correct in all respect.

Fees and Payments:

There is no fee for applying Central Capital Investment Subsidy under NEIIPP, 2007.

Service outcome:

With EM-1, the unit may apply for allotment of land /shed, power sanction, loan from the Bank/FI, NOC from Pollution Control Board, etc as applicable.

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Industries and Commerce