Procedure to Set Up a Unit

Procedures to setup a unit in SEZ

• SEZs broadly fall in two categories – Multi-Product SEZ and Sector Specific SEZ. For setting up a Unit, identify the SEZ. A unit can be set up for manufacturing of goods or for rendering services including trading.
• A unit can also be set up in an SEZ for rendering services or manufacturing services to overseas entities.
• An entity willing to set up a SEZ Unit has to submit a single application in a prescribed Form (Form F) in one copy to the Development Commissioner of the SEZ in which a unit is proposed to be set up with a copy to the Developer of the SEZ. Following details/documents are required.
• A crossed demand draft for Rs.10,000/- drawn in favour of Pay & Accounts Officer, Ministry of Commerce & Industry, Mumbai
• A copy of certificate of incorporation along with Article of Association and memorandum in case of companies and partnership deed in case of partnership firm.
• Residence proof in respect of proprietor/partners/directors as the case may be.
• Income Tax returns of the proprietor or partners of last three years. In case of company, audited balance sheet for last three years.
• A brief project report giving experience of the promoters/marketing tie-ups/sources of financing etc.
• If the proposal is found to be acceptable by the Unit Approval Committee, in-principle Letter of Approval is issued to the prospective unit.
• For obtaining plot/shed, the prospective unit has to participate in the e-auction through MSTC for bidding of plot/shed.