STPI Registration

STPI Registration Introductions

Software Technology Parks of India was set up in 1991 as an Autonomous Society under the Ministry of Electronics and Information Technology.

Rules of Export of Services, FEMA 2015:
Any organization dealing with the export of software, needs to provide some mandatory information in certain specific forms to the specified authority as per FEMA Guidelines This information includes:

• The Full export value of the goods or software
•  Such information/declarations shall be executed in sets of such number as specified.
• Realization of export proceeds in respect of export of goods / software from third party should be duly declared by the exporter in the appropriate declaration form.

In case of Export of Software, the competent authority to whom information needs to be submitted is STPI, through submitting SOFTEX Form

1. The declaration in Form SOFTEX in respect of export of computer software and audio/video/ television software shall be submitted in TRIPLICATE to the designated official of Ministry of Information Technology, Government of India at the Software Technology Parks of India (STPIs) or at the Free Trade Zones (FTZs) or Special Economic Zones (SEZs) in India.
2. After certifying all three copies of the SOFTEX form, the said designated official shall forward the original directly to the nearest office of the Reserve Bank
3.  and return the duplicate to the exporter. 
4. The triplicate shall be retained by the designated official for record.

Objectives of STPI:

• Export and Promotion
• Contribution to MSME
• Improve the amount of Data Communication Services
• Increase the quality of Software and improve the requirements of Software.

Functions of STPI

• To Establish Software Technology Parks at various location in the country
• To perform financial management function which comprises of the activities such as acquiring ana managing funds.
• To do all such acts and things as may be required to fulfill the objectives of STPI.

Services of STPI

Statutory Services
This service is exclusively for 100% Export Oriented Unit, under these certain benefits are given to such units which includes Liberty to set up a unit in anywhere in the country, 100% Foreign Equity is permitted, Sales in Domestic Tarif Area is allowed, and 100% Depreciation on Computer & Computer Peripherals are allowed.

Internet Services / Data Communication
The STPI has been a pioneer in providing data communication services and the main features of it includes High Security Reliability, Cost effective enriched with latest management tools data connection along with 24*7 Technical Support.

Incubation Services
It is a facility basically for small and medium enterprises, it provides a readymade infrastructure for the entrepreneurs who have business ideas but needs infrastructure to execute it.

PMC Services
PMC services stands for Project Management and Consultancy Services. Under this STPI provides

Benefits of STPI Registration

GST Refund on Export of Services

No Import Duty or Custom on import of Capital Goods

Documents Required For STPI Registration

1. PAN of the organization
2. Project Report / Company Profile
3. MOA/ Partnership Deed/ Proprietor Deed/ LLP Agreement
4. AOA
5. Director Profile
6. Copy of Lease Agreement/ Proof of Premises
7. Form 18/INC-22/ SPICE Form
8. Form 32/DIR-12/SPICE Form
9. Copy of IEC Code with the operational address of the Unit/ Acknowledgement issued by DGFT.
10. Proof of the unit Bank Account i.e. Bankers' Certificate
11. Board Resolution          
12. PAN of the Director
13. DIN of the Director
14. Passport of the Director
15. Aadhar Card of the Director
16. Photo of the Director