IEC [Import/Export Code]
Expand your business worldwide. Apply for an IEC code from any location within India.
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Starting @ ₹1499/-
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Import Export Code Registration
An import-export code could be a distinctive 10-digit code that’s needed for each import/export business owner in the Republic of India. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, and wishes no filing or renewal. IEC is needed by importers to clear customs and cargo, and to transfer cash to foreign banks. Exporters need their IEC to send shipments and receive cash from foreign banks. In short, no importer/exporter will operate in the Republic of India while not obtaining the IEC.
Benefits of Import Export Code Registration
- The IEC registration helps traders open the doors to venture into the world market, together with registration in online e-commerce operators
- Businesses will avail of government schemes just as the Merchandise Export from Asian Country theme (MEIS), the Service Export from Asian Country theme (SEIS), et al from customs and export promotion
- No compliance needs pos registration and therefore maintaining the business is comparatively easy
- The process of getting an IEC isn't tedious and may be obtained with borderline, basic documents.
Checklist for Import Export Code Registration
The documents required for an IEC registration are relatively easy to get together. Only a few documents are required, which are listed below.
- PAN Card of the company (not applicable in the case of the proprietor)
- Applicant’s PAN and Aadhaar card (driving license/Aadhaar/voter ID)
- Incorporation certificate/partnership deed
- Address proof (electricity bill/rent agreement/sale deed of the office location)
- Copy of canceled cheque leaf/banker certificate of the current account in the name of the Enterprise
- Contact Details