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Non STP Registration

We provide following services related to Software Technology Parks in India:

  • Entire Non-STPI Registration Procedure
  • Preparation and Submission of documents related to STPI registration with relevant authorities
  • Preparation of Business Plan
  • Preparation of CEO’s documents
  • Preparation of detailed project report
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What is a Non- STP?

Non-STP is any company/proprietorship/partnership firm that is in the process of becoming an Export-Oriented Computer Software or Information Technology Enabled Service; it can get itself registered as Non-STP unit with the STPI (Software Technology Parks of India) in order to avail SOFTEX certification. For becoming a non-STP unit with STPI, a company has to get itself registered with STPI.

For becoming a non-STP unit with STPI, the entity desiring registration shall be required to make an application, along with the requisite documents, to the jurisdictional Director.

The application will be accompanied with the prescribed fee in the form of demand draft in favor of the Director of STPI.

Which entities can get registered as non-STP units?

The following entities can get registered as non-STP units:

  • Private Limited Companies
  • Public Limited Companies
  • Proprietorship
  • Partnership
  • Limited Liability Partnership
  • One Person Company

Note: Only that entity can get registered as non-STP unit that is into development of Export oriented Computer Software/IT Enabled Services.

Non-STP Registration Procedure

The procedure of Non-STP registration in India is quite elaborate and requires multiple compliances.

  • Application for Non-STP registration has to be made in the prescribed form to the Software Technology Park of India.
  • Legal documents including the Memorandum of Association have to be submitted along with the application.
  • A Board Resolution stating the setting up of the STP unit, duly signed by the persons who are authorized to submit the application form.
  • Resume of the CEO or the person heading the operation
  • Detailed Project that has the following elements:

1.      Profile of the company

2.      Background of the promoters

3.      Areas of expertise and the proposed services to be offered

4.      Marketing strategies and arrangements

5.      Manpower plan

6.      Future plans

7.      A detailed list of capital goods that have been planned for procurement, from India as well as abroad

8.      A copy of the floor plan of the STP, duly certified by an architect

9.      Details of the foreign collaborator

10.  A summarized write up on the parent company and the activities that have been proposed for being carried out by it

11.  Copy of the invoice issued by the Internet Service Provider

12.  Copy of the Rent Agreement, if any

  • Export certification
  • Duty payments and debonding the unit
  • Obtaining permission from the Ministry of Finance for external borrowings

An entity registered as a Non-STP unit with the STPI shall be issued a Registration Certificate (also referred to as the Letter of Permission) by the jurisdictional STPI Director, which shall be valid for a period of 3 years.

Compliances for Non-STP Units

  • The registered non-STP units will be required to submit the quarterly and annual reports to the respective STPI centers.
  • The registered non-STP unit shall be required to file the Softex Forms as per the RBI guidelines.
  • Service charges have to be paid by the registered non-STP unit on the basis of value of the contracts registered.
  • The non-STP unit shall be required to retain 20% of the service charges deposited in case the forms are required to be returned for non-certification of the Softex forms.
  • If the non-STP unit exceeds the limit of a particular slab of Softex certified for a financial year, the unit will have to deposit the charges for the next slab by adjusting the amount that has already been paid by it.

Renewal of Letter of Permission

The Letter of Permission (LoP) issued by the STPI is valid for a period of 3 years. If a non-STP unit wants to renew the LoP, it would be required to approach the Director of the STPI. The application for renewal has to be made during the last three months before the expiry of the LoP.

The renewal of the LoP shall be free of cost.

Procedure for certification of Softex Forms

A non-STP unit is required to submit Softex Form against each of its export contract. Before, submitting the Softexform, it is necessary that the unit gets its export contract(s) registered. It is also mandatory for the Non-STP unit to submit its project imports in the next financial year to the STPI. The applicable service charges are also required to be submitted.

Services Charges for Non-STP units

The service charges implemented on a non-STP unit shall be dependent on the value of the registered contracts. The following service charges slabs have been decided:

S. No

Annual Export Turnover

Annual Service Charges (INR)

1.

Upto 12.50 lakhs

4,000

2.

12.50 lakhs-25 lakhs

8,000

3.

25 lakhs – 50 lakhs

16,000

4.

50 lakhs – 3 crore

55,000

5.

3 crore – 10 crore

1,10,000

6.

10 crore -25 crore

2,25,000

7.

25 crore – 50 crore

2,50,000

8.

50 crore- 100 crore

3,50,000

9.

100 crore- 500 crore

5,75,000

10.

500 crore- 1000 crore

6,00,000

11.

Over 1000 crore

6,50,000

Circumstances for Cancellation of Softex Forms

A non-STP unit is required to file Softex Form within 30 days from the date of raising the last invoice ina particular month.

Under certain circumstances, when the raised invoice does not receive the desired remittance, the non-STP unitshould approach the RBI and ask for cancellation of the certified Softex forms. Some of these situations could be –

  • Penalty raised by the foreign company
  • Not raising of the credit note
  • Total cancellation of the project by the foreign company

Conclusion

The Software Technology Parks of India scheme was implemented by the Government of India is a 100% export-oriented scheme that was focused on development and export of computer software.

Non-STP registration is a complicated legal procedure and requires multiple documents to be prepared and authenticated by different authorities. For an entity to become a registered non-STP with STPI, it has to undergo various legal procedures.

Out team of in-house legal experts has years of experience with non-STP registration and can help you with every aspect of the same.

For more information on STPs in India and related matters, contact us.

Our Process

Fill The Form

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Track Progress

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Frequently Asked Question

Getting a non-STP unit takes around 10 working days from the date of submission of complete application form. The application form should have been submitted with the necessary documents and the applicable fee.

The Softex form has to be submitted in quadruplicate, either in hard copy or in soft copy.

Post-certification, the hard copies of the Softex form will be distributed as follows:

  • Original copy – RBI
  • Duplicate copy – Non-STP unit
  • Triplicate copy – Authorized Dealer
  • Quadruplicate copy – Retained by STPI for records

The Softex form has to be filed in 30 days from the date of raising the last invoice in a particular month.

In case of multiple invoices raised during a month, a common monthly Softex form can be filed in the form of Excel summary sheet, which has been prescribed by the RBI.

If a unit fails to file the Softex form, it should approach the RBI and get the delay condoned. Thereafter, it can submit the Softexform with STPI.

The delay can be condoned via a request letter and such other details as prescribed by the RBI.

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