MSME Registration

This discussion clarifies the process of MSME registration for a new business with three members. It addresses whether incorporation as a Private Limited company or Partnership firm is mandatory before registering as an MSME. The consensus suggests that while proprietorships can register directly, a business with multiple members should opt for either a Partnership firm or a Private Limited company. For a three-member venture, forming a Partnership firm and then registering it with MSME is recommended over a Private Limited company.