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Don’t let paperwork or government formalities hold your business back. With our expert assistance, getting your IEC registration is fast, simple, and completely hassle-free. Whether you’re exporting handmade crafts or importing cutting-edge products, we’re here to handle the legal side—so you can focus on growth.
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Import Export Code
With the rapid upsurge in globalization, nowadays, the opportunity of having a cross border business is also increased. Moreover, an IEC Registration also assists an individual in unlocking the growth opportunities of the international business. Further, every individual who wants to expand his business on a global platform by dealing with the Import and Export business is mandatorily required to obtain IEC Registration.
Hence, having an IEC (Import and Export Code) is one of the basic and essential prerequisites for expanding and running a business at the global level. Moreover, an IEC has various advantages annexed to it. One such benefit of an IEC Code is that it not only assists in unlocking the international market but also helps in increasing the business’s growth level.
Features Of IEC Registration
The Following Listed are the Features of IEC Registration:
- No business can indulge in the activities concerning Import or Export without obtaining IEC registration.
- IEC works as evidence for the firm involved in the import or export of goods and products.
- Once an individual has obtained IEC, then the same remains valid for a lifetime. This means this code does not require any filing or renewal.
- IEC Code is not required for the goods or services imported or exported either for individual or legislative purposes.
- An IEC is obligatory and mandatory for making foreign bank transfers.
- Importers and Exporters of food items and food ingredients.
- It is considerable for all parts of importers or exporters business.
Documents To Be Submitted for IEC Registration
To apply for an IEC (Import Export Code) in India, you need to submit the following documents, based on your business type:
IEC Registration Procedure
IEC registration is a mandatory requirement for any individual or business planning to engage in import or export activities in India. The process is fully digital and streamlined via the DGFT (Directorate General of Foreign Trade) portal.
After submission, the application goes through a short verification process by the DGFT authorities. If everything is in order and no discrepancies are found, the IEC certificate is typically issued within 1 to 3 working days. The applicant can then log in to their DGFT account and download the certificate. This Import Export Code is valid for a lifetime and does not require renewal, making it a one-time essential compliance step for businesses engaged in international trade.
Benefits Of IEC Registration
The Following Listed are the Benefits of IEC Registration:
Frequently Asked Questions (FAQs)
Q1. What is IEC Registration and why is it required?
IEC (Import Export Code) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) to individuals or companies wishing to start an import or export business in India. It is mandatory for anyone involved in international trade, and without it, one cannot import or export goods or services legally.
Q2. Who needs to apply for an IEC?
Any person or business entity (sole proprietorship, partnership firm, LLP, company, etc.) engaged in import or export activities must obtain an IEC. Even service exporters who want to avail benefits under foreign trade policies need to register for an IEC.
Q3. How long does it take to get IEC registration?
The IEC registration process is usually quick and can be completed within 1-3 working days after the submission of all required documents and application through the DGFT portal.
Q4. What documents are required for IEC registration?
Typically, the documents needed include PAN card of the individual or company, address proof (like electricity bill, rent agreement, or sale deed), a canceled cheque of the business bank account, and identity proof of the applicant (Aadhaar card, passport, or voter ID).
Q5. Is IEC registration a one-time process or does it need renewal?
IEC registration is a one-time process and is valid for a lifetime. However, as per recent amendments, it is mandatory to update and confirm IEC details every year between April and June, even if there are no changes. Failing to do so may lead to the deactivation of the IEC.
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Start your import-export business with ease by obtaining your IEC (Import Export Code). We provide fast, reliable, and fully online registration services—no paperwork, no confusion.
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