Introduction

Supported by the DGFT, the Services Export Promotion Council (SEPC) is set up to boost the promotion of various services of India abroad. This organization was established in 2006 and is held responsible for various schemes, such as the SEIS scheme. According to the latest data, with 2.1% share of the international market for business services traded, India ranked 20th out of the top exporters of business services in 2022. By using its authority to increase its role in the global economy, India will likely lead the way towards Industry 4.0, with a digital asset opportunity estimated at over US$ 1 trillion by 2032.

This means that India is continuously achieving its milestones towards boosting the Indian manpower by generating various services that can accomplish exporting at a larger scale. For achieving this goal at the grass-roots level, the SEPC certificate came into effect. In this article, we will provide you with complete insights on how to obtain the SEPC registration along with general queries such as documentation, fees, charges, and time taken to obtain the certificate.

What is SEPC Registration?

The Service Export Promotion Council (SEPC) registration is an evident proof provided by the government of India to allow and promote the export of services from India. This certificate not only helps in exporting the valuable services abroad but also helps to provide various schemes, such as the Service Exports from India scheme.

The chief objective of providing this service is to overcome the stagnancy of the Indian service sector in the economy. By allowing each sector to export their services abroad, they may create a big impact on the ability to grow as a service exporter.

Objectives of the SEPC Certificate

Here are the objectives of SEPC certification, which are as follows:

• To export the services from India
• To encourage the Indian service sector to grow in the economy
• To provide global exposure to the service sector by incentivizing the service sector
• To get market insights and support to the service sector

SEPC Board Rules and Regulations

Following is the list of SEPC board rules and regulations:

• Business opportunities: To create business opportunities for the service exporters
• Act as a bridge between Government and Industry: implementing to formulate the policy take up issues of industry, provide insight on global markets (existing and emerging) in terms of opportunities, challenges and regulatory frameworks
• Sustainable marketing designs: Facilitate exports by formulating business enablers like incentives and designing suitable market oriented promotional events and activities.
• Grants and incentives: Various grants and incentive schemes under the Ministry of Commerce, related line Ministries and State Governments.

Benefits of the SEPC RCMC Certificate

Here are the benefits of SEPC RCMC certification in India:

• Networking opportunities: With RCMC membership, the business can spread their goodwill by registering under the SEPC certificate. The more you sell quality products in the market, the more your worth would be reflected and overall improve network opportunities.
• Brand building and recognition: After getting network opportunities, the service sector can grow. This is due to the network of people giving wider opportunities to know your services or activities at a larger scale. This would help to improve the marketing strategy and also create an outline to know the industry better.
• Development and innovation support: By building brand awareness and recognition, the development and innovation in the service industry can grow with the help of an expanding network in the market, which can help to heal the employment gap in the economy.
• Financial incentives: The financial incentives provided under this council membership also help in mitigating the financial burden of the small and medium-sized enterprises. Government incentives that are directly provided to the beneficiary help them to relax from their ongoing debt trap and also help to overcome the financial crunches.

Categories of Membership under SEPC Online Registration

Here are the categories of membership under SEPC online registration:

• Life members: The life members are those members who will get their membership for the lifetime. These members will have to pay a certain amount to maintain their membership under the SEPC organization.
• Ordinary members: These members have been categorized on the basis of sizes. These typically include individual service exporter proprietorships and partnerships.
• Corporate members: The corporate members have also been categorized on the basis of sizes. These typically include larger companies and organizations to become SEPC RCMC members.

Eligibility Criteria for SEPC RCMC Certificate

1. The eligibility criteria for the SEPC certificate are given as follows:
• For companies: US$ 15,000
• For proprietorship: US$ 10,000
2. The exporter must export their goods under the scheme and export the goods in the same year to avail the benefits.

Documents Required for SEPC Online Registration

Here are the documents required for obtaining a SEPC online certificate in India:

• IEC Code number
• Memorandum of Association
• Partnership Deed (if applicable)
• Trust Deed
• Proof of manufacturing
• Digital signature certificate
• Photographs
• Certificate of Incorporation
• Canceled cheque
• Business registration certificate
• GST Registration Certificate
• Passport size photograph

Fee Structure for SEPC RCMC Membership

1. New membership registration for SEPC registration:

2. Membership renewal

How to Apply for SEPC RCMC Membership?

Here are the procedures to apply for SEPC RCMC membership in India:

1. Step 1: Documentation: Gather all the required documents for the SEPC online certificate, such as the company registration certificate, PAN card, GST registration number, bank account details, or IEC code.
2. Step 2: Reach out to our team experts: Get in contact with our Bizfoc team for registering your application under the SEPC online certificate online.
3. Step 3: Get in touch with our experts: After getting in touch with our team, our team will communicate all your doubts and queries to solve your subject.
4. Step 4: Submit the application: The next step is to ensure that your status of application submission is completed and filled by the experts on behalf of the applicant with all the requisite documents for registering under the rubber board.
5. Step 5: Verification & Evaluation: The Directorate General of Foreign Trade (DGFT) will review your application and documents to verify the authenticity and eligibility of your company. They may also conduct a visit to your premises to assess the type of services you’re providing.
6. Step 6: Payment of fees: Once your application is approved, you will be required to pay the necessary registration fees.
7. Step 7: Issuance e-RCMC: Upon successful completion of the above steps, DGFT will issue your SEPC online certificate. This certificate will enable you to avail of the various benefits to export your services.

Renewal and Validity of SEPC Certificate

The SEPC RCMC certificate is typically valid for 12 months from the date of issuance. The renewal of the SEPC certificate must be done within one year before the date of expiration.

Time Taken to Obtain SEPC Online Certificate

For obtaining a SEPC online certificate in India, it can take up to 2-3 weeks from the date of application.

Why Choose Bizfoc for SEPC Registration?

Here are the top five reasons why you should choose Bizfoc for registering themselves under registration:

• Hassle-free procedures
• Cost-effective solution
• Respond to all your queries and doubts via communication mediums
• Free assistance of experts
• Proven success

We, the team of Bizfoc experts, will help you to overcome the problems via communication mediums regarding SEPC membership online. You can either contact us by way of email or direct phone number to get connected to our experts without any hesitation. So, for registering for your exporting services under SEPC membership registration, get free assistance today to proceed with your application successfully by undergoing hassle-free procedures.

Conclusion

The SEPC registration allows the service exporter to perform well in the global market. The aim to get this registration is to allow the Indian exporter to incentivize the service exporter directly from the government. To encourage Indian service exports abroad without facing the stagnancy in the economy, the SEPC registration is the ideal certificate to make this all possible. To obtain this certificate, an applicant needs to undergo specific procedures, such as payment of the application form along with the submission, documentation, providing details of the authorized person and the company, etc. Get in touch with our team experts, and you can get your registration confidently.

Frequently Asked Questions