STPI Registration

The documents required for STPI registration are as follows –

• Application form to be filled in the prescribed format.
• Memorandum of association
• Articles of association
• Board resolution in order to setup STP unit and persons authorized to sign & submit the application form
• Biodata of person heading the unit operation/CEO
• Project report/Business plan comprises of –
  • Company profile
  • Promoter’s background
  • Marketing strategy
  • Expertise unit area/services offered
  • Manpower plans
  • Future plans
  • Rent agreement copy
  • Invoice copy of the internet service provider
  • List of proposed capital goods to be acquired from abroad & within India.
  • Short description on the parent company and the activities proposed to be carried out by the Indian entity (In case of foreign entity participation)
  • Details of financial or technical foreign collaborator
  Financial statements -
  • Cost of project
  • Source of finance
  • Projected P&L
  • Projected balance sheet
  • Projected cash flow statement
  • Projected fund flow statement
  • Export workings (as per transfer pricing guidelines wherever applicable)
  Projected income from generation, capital expenditure & cash flows for coming 5 years.
  • Aggregate details of foreign exchange inflow & outflow for first 5 years
  • Estimated details of number of employees & wage bill for first 5 years
  • Other documents including copy of service agreement signed with –
  (i) Parent company (ii) Clients (iii) Master service agreement (iv) PO with clients