Our team has specialist in setting up SEZ – Unit and STPI - Unit approvals in India. STPI scheme, the 100% Export Oriented Unit scheme is made for setting up of software development and IT Enabled Services (ITES) firm in India for 100% Export. A distinctive feature of this STP/EHTP scheme is that it provides single point contact services for STPI member units, which enables them to conduct exports operations at a pace commensurate with global standards. The Directors of STPI administers this scheme. The STPI scheme offers Income Tax Holiday as per section 10A of the IT Act and Customs Duty exemptions on Import of Capital equipments and full Foreign Direct Investments (FDI) permissible through ‘Automatic Route’ of Reserve Bank of India and number of services exemptions. Our dedicated team for STPI unit provides a “Single Window Solutions”
The 100% Export Oriented Unit scheme (STP scheme) is made for setting up of software development and IT Enabled Services (ITES) firm in India for 100% Export. A distinctive feature of this STP/EHTP scheme is that it provides single point contact services for member units, which enables them to conduct exports operations at a pace commensurate with global standards. The Directors of STPI administers this scheme.
India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. With a view to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 200
Today Andhra Pradesh, INDIA has emerged as a location for knowledge – driven, skill – based and high value investments. In order to sustain the seamless growth in the State, Government of Andhra Pradesh has embarked upon promotion of Special Economic Zones (SEZs).
SEZs are specifically delineated enclaves treated as foreign territory for the purpose of industrial, service and trade operations, with relaxation in customs duties and a more liberal regime in respect of other levies, foreign investments and other transactions.
The incentives and facilities offered to the units in SEZs for attracting investments into the SEZs, including foreign investment include:-