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Occupier Support

Occupier Support

Holistic solutions for businesses

Basics like finances and the legal rigmarole should not turn into a hindrance for any business to grow. This is why Magus endeavours to provide the right backing to businesses and is fully-equipped to offer robust occupier services. From arranging for financial support and subsidies to licensing, Magus ensures hassle-free occupation of the property and acts as a catalyst for growth of businesses..

Solution

Registration & Licensing

  • Incorporation of private limited company
  • Incorporation of public limited company
  • Registration of partnership firms
  • Limited liability partnership registration
  • Trust deed registration

Unit Financing

    A. Long Term Finance

  • Project financing / term loan
  • Takeover of existing T.L.
  • B. Medium Term Finance

  • Liquirent loan
  • Mortgage loan / Loan against property
  • C. Short Term Finance

  • Cash credit / working capital loan
  • Takeover of existing C.C./ W.C.L.
  • Pre-shipment finance
  • Post-shipment finance
  • Opening of import L/C

Subsidies Support

    I. Central Govt. Subsidies

    A. TUF Subsidy – Ministry of Textiles

  • 20% margin money subsidy for Powerloom SSIs
  • 15% margin money subsidy for SSI Textile and Jute sector
  • 5% interest reimbursement plus 10% capital subsidy for Processing units
  • 5% interest reimbursement plus 10% capital subsidy for Technical Textile units
  • B. MWS Subsidy - Ministry of Textile

  • 40% front-end subsidy up to Rs.120/- per sq. ft. for work shed construction plus area allocated for weaving preparatory
  • II. Maharashtra State Govt. Subsidies

    A. Package Scheme of Incentives (PSI)

  • Industry promotion subsidy
  • Interest subsidy
  • Exemption from electricity duty
  • Waiver of stamp duty
  • Refund of octroi
  • Other incentives for Micro, Small and Medium Manufacturing Enterprises
  • 5% subsidy on capital equipment
  • 50% subsidy on quality certification expenses
  • 25% subsidy on cleaner production measures
  • 50% subsidy on patent registration expenses
  • III. SSI Registration

  • Provisional SSI registration
  • Permanent SSI registration
  • IV. Maharashtra Pollution Control Board Consent

  • Consent to establish
  • Consent to operate/ renewal
  • V. Industrial Operation Support Services

  • Shop establishment registration
  • Sales tax registration
  • Income tax registration
  • Tax planning
  • Capital planning