In essence, an OPC is a private company. Therefore, you can easily open an office in an SEZ and avail the benefits provided to a private company. To avail any benefits, your business and operations have to be carried out of a Unit set up in the SEZ.
To open a Unit in an SEZ: For setting up a manufacturing, trading or service unit in SEZ, an application has to be made to the Development Commissioner of the SEZ. The proposal shall be considered by the Unit Approval Committee taking into account the following:-
- Residence proof in respect of all Directors/ Partners. (Passport/ ration card/ driving license /voter identity card or any other proof to the satisfaction of Development Commissioner);
- Income Tax return of all the promoters/ audited balance sheet of the company for the last three years;
- Promoters experience and Marketing tie-ups
- Undertakes to comply with the applicable environmental and pollution control norms
On approval of the proposal by the Board or the Approval Committee, the Development Commissioner shall issue a Letter of Approval for setting up of the Unit.
STP Scheme: The following activities are considered in the scheme:
- Manufacturer/Development of software in India for exports.
- Onsite Consultancy Services for development of software at the client's site abroad.
- IT-enabled products or services
- Sales in the Domestic market are also permitted to extent of 50% on FOB value of exports with prior permission
On the basis of this, your company would qualify to be under the STP scheme.
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about 4 years ago