SEPC Registration :- Cost, Benefits & Documents
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Service export promotion council of India:- Overview
Service Export Promotion Council (SEPC) is the apex trade body that helps Indian service exporters. It also takes part in making government policies and acts as a single way for the service industry and the government.
SEPC is a link between Indian companies and the rest of the world. It is the hub for both Indian and foreign companies looking for business opportunities in India under Mode-1, Mode-2, Mode-3, and Mode-4 of services trade.
It also helps foreign delegates who are looking for better services at lower prices than in other countries. These people can contact SEPC directly to get information about service providers in India.
Eligibility Criteria for SEPC registration
Eligibility criteria that must be followed for SEPC RCMC.
- The minimum annual turnover should be not less than USD 15,000 for a company.
- The minimum turnover for proprietorship should be not less than USD 10,000 to be eligible for SEPC certification.
- The exporter can only avail the benefits of the SEPC when the year in participation in the scheme and export is the same.
Checklist for SEPC registration
- IEC certificate
- Registered office address
- Audited export turnover certificate from auditor
- Board resolution signed by authorized signatory
- Name of proprietor/partner and their roles and designation
- Type of activity of company/Firm and short write up about their services
Documents required for SEPC RCMC certificate
These are list of documents required for SEPC rcmc registration
For businesses
- Digital signature certificate
- MoA & AoA in case of company
- 2-photographs of authorized signatory
- Certificate of Incorporation of company
- Canceled cheque by authorized signatory
- Certificate business registration in case of proprietor & partnership Firm
- Self attested address proof such as (Aadhar Card/ Voter ID) of authorized person
For registered office
- Rent agreement proof
- Copy of GST registration
- Ownership proof of the registered office duly notarized on ₹10 stamp paper/Noc from the owner of the property
Cost of SEPC rcmc registration
The cost of getting an RCMC from SEPC can vary on the basis of category of business structure:-
| Membership category | Membership fee |
|---|---|
| Individual Ordinary Members (Proprietorship/Partnership) | Rs. 7,500 as annual membership fee + Rs. 1350 (GST 18%) Rs. 5,000 as one-time admission fee + Rs. 900 (GST 18%) =Total Rs. 14,750/- |
| Institutional/Corporate Members (All Pvt. Ltd. or Public Limited Companies, Associations, Institutions etc.) | Rs. 20,000 as annual membership fee Rs. 3600 (GST 18%) Rs. 15,000 as one-time admission fee + Rs. 2700 (GST 18%) = Total Rs. 41,300/- |
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