Non-STPI Registration| Procedures and Guidelines

Understanding Non STPI Registration

When goods are exported from India, they would pass through normal customs. This is applicable for physical goods, but in the case of software, Non STPI Registration is required.

Non STPI Registration is a process that is required for all entities that want to export some form of software outside India. Software Technology Parks of India (STPI) is an organization that promotes software exports from India by providing infrastructure facilities and services to the software industry.

STPI provides two types of registration:

STPI registration and Non-STPI registration. STPI registration is required for companies that are located within the STPI premises
Non-STPI registration is required for companies that are located outside the STPI premises.

Non STPI Registration is required for any form of entity that has some form of software which can be exported outside India. The procedure for obtaining STPI/Non-STPI Registration involves visiting the STPI site and clicking on the "I want to register as New Unit" option. After that, the applicant has to submit an application form along with other supporting documents mentioned in the checklist to the Director, STPI and processing fee of Rs.1000/-.

Eligibility Criteria

Any form of entity can obtain Non-STPI registration. However, such an entity should have some form of software that can be exported outside India. The entity must also fulfill the following criteria:

It should have a minimum net worth of INR 50 lakh.
It should have a minimum turnover of INR 1 crore in the previous financial year.
It should have a positive net profit in the previous financial year.
It should have a minimum of two employees.

Benefits of Non STPI Registration

Non-STPI registration offers several benefits to entities in the IT and ITeS sectors. These include:

Exemption from payment of service tax on services exported from India.
Exemption from payment of income tax on profits earned from software development for export.
Exemption from payment of customs duty on imported goods required for software development.
Exemption from payment of central excise duty on indigenous goods required for software development.
Access to high-speed data communication links.
Access to incubation facilities and other support services provided by STPI.

In conclusion, Non-STPI Registration is a beneficial initiative for entities in the IT and ITeS sectors looking to export software from India. It offers several tax exemptions and access to various support services provided by STPI.

Non STPI Registration Process

Non STPI registration is a process that enables companies to export software products from India. The process of Non STPI registration involves submitting an application form along with other supporting documents to the Software Technology Parks of India (STPI).

Documentation Required

To apply for Non STPI registration, companies need to submit the following documents:

Application form for Non STPI registration
Checklist for Non STPI registration
Copy of the Memorandum of Association (MOA) and Articles of Association (AOA)
Copy of the Board resolution authorizing the company to apply for Non STPI registration
Copy of the PAN card of the company
Copy of the latest audited balance sheet of the company
Copy of the latest Income Tax return of the company
Copy of the Export Order/Contract/Agreement
Copy of the Invoice raised for the export of software products

Application Procedure

The application procedure for Non STPI registration involves the following steps:

Step 1: Download the application form and checklist for Non STPI registration from the STPI website.

Step 2: Fill in the application form and attach the required documents.

Step 4: Submit the application form and supporting documents to the Director of STPI along with the processing fee of Rs. 1000/- (one thousand only) + GST in the form of NEFT/demand draft in favor of the "Software Technology Parks of India".

Step 5: Upon receipt of the application form, STPI will verify the documents and issue a registration certificate if the application is found to be in order.

Non STPI registration is a mandatory requirement for all entities that want to export software products from India. Companies that fail to register as Non STPI units may face penalties and other legal consequences.

Compliance and Reporting

Once a company is registered as a Non STPI unit, it is required to comply with the following reporting requirements:

Submission of Softex form for each export of software products
Submission of quarterly performance reports to STPI
Submission of annual audited balance sheet and profit and loss account to STPI

Non-STPI Registration