STPI/Non-STPI Registration for Export of Software: A Complete Guide

If you are a software exporter in India, you’ve likely encountered the terms STPI (Software Technology Parks of India) and Non-STPI registration. These registrations are essential for compliance with government regulations and to avail of benefits for IT/ITES businesses.

This blog by FinFit Advisor simplifies the process of STPI/Non-STPI registration and guides you through the documentation and steps required to export software seamlessly.

STPI is a scheme introduced by the Indian government to promote software exports. Under this scheme, software exporting companies can:

• Avail of tax benefits under Section 10A of the Income Tax Act (subject to conditions).

• Enjoy infrastructural support from STPI facilities.

• Simplify compliance with export regulations.

Non-STPI registration is for software exporting units that do not fall under the STPI scheme but still need to comply with the regulations set by the Reserve Bank of India (RBI) and other authorities.

While STPI registration offers added benefits, Non-STPI registration is sufficient for many businesses looking to fulfill compliance requirements without additional infrastructure support.

1. Identify Your Business Needs

• Evaluate whether your business can benefit from the tax incentives and infrastructure provided by STPI.

• If not, opt for Non-STPI registration for straightforward compliance.

2. Prepare the Required Documents

Here is a comprehensive list of documents needed for STPI/Non-STPI registration:

For STPI Registration:

1. Memorandum of Association (MOA) and Articles of Association (AOA).

2. Certificate of Incorporation.

3. PAN card of the company.

4. Import Export Code (IEC) Certificate.

5. Board resolution authorizing the registration.

6. Project report detailing:

   • Nature of software/services exported.

   • Estimated export turnover.

   • Infrastructure and manpower plans.

7. Bank details (including canceled cheque).

8. Lease agreement for office premises.

9. Power of attorney (if applicable).

For Non-STPI Registration:

1. Certificate of Incorporation.

2. MOA and AOA.

3. IEC Certificate.

4. Export invoices (if applicable).

5. Bank details and canceled cheque.

6. Digital Signature Certificate (DSC).

3. Submit the Application

• Visit the official STPI website (https://www.stpi.in) for STPI registration or the RBI’s Export Data Processing and Monitoring System (EDPMS) for Non-STPI registration.

• Fill out the online application form with accurate details.

• Upload the required documents in the prescribed format.

4. Verification and Approval

• The application will be reviewed by the respective authority.

• Once approved, you will receive your registration certificate.

• Legal Compliance: Fulfill RBI and government requirements for software exports.

• Incentives: For STPI-registered units, tax benefits and infrastructure support.

• Export Recognition: Establish your business as a recognized software exporter.

Navigating the STPI/Non-STPI registration process can be complex. At FinFit Advisor, we specialize in helping businesses streamline their registrations. Our team provides:

• Expert guidance on eligibility and document preparation.

• Seamless filing of applications.

• End-to-end support until you receive your certificate.

Contact us today at finfitadvisor@gmail.com or call 7827574328 / 8860907657 to get started!