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BUSINESS REGISTRATION
Register your business to minimize liability, maximize profits, explore the new dimensions of business
Import Export Code (₹999)
Import Export Code (₹999)
- Overview
- Documents Required
- Process
Get Import Export Code for your Business
In this world, if you are not trying to expand yourself beyond the domestic market, you are less likely to gain success. One example of it is the international export and import. However, there is a license that you need to obtain. Called the IEC License in India, you need it if you want to pursue import and export business. IEC License in India The IEC License, in actuality, is an import-export code. It is a 16 digit code issued by the Directorate General of Foreign Trade (DGFT). It comes under the Ministry of Commerce and Industries, Government of India. An essential authorization for import and export business, we can help you obtain in. Now, how to obtain IEC License in India? The process, as expected, is pretty straightforward. You take the required documents and file the ANFA form online. Once the IEC license application is seen as complete, you get the IEC code within a week. There is a chance that you won’t be notified that you got the code straight away. If that happens, you can perform an importer exporter code search. Or, you can leave the matter of notification to our experts. And we shall get back to you as soon as your code is approved. From the time you file importer exporter code application to the time you obtain IEC code; our experts shall stand with you. We are going to ensure that you get the code at the right time. Just contact our experts and let the process begin.Frequently Asked Questions
Who is required to make online IEC code registration application?
The IEC registration is required under the following circumstances:
1) It is a pre-requisite for any entity planning to engage in the business of import and export from India.
2) In case of service or technology, if the provider is taking benefits under the Foreign Trade Policy, then the IE code registration is mandatory for them
Whether obtaining IE code is mandatory for all?
No. Import Export Code registration is not compulsory for the below-mentioned activities:
- If the import or export of goods is done for the personal use.
- If the import or export is carried out by any Government Ministry or department or a notified charitable organization.
- Any other category mentioned or defined by the DGFT.
Can an individual apply for IEC registration?
Any individual involved in the import and export of goods or services for the purpose of conducting business can make IE Code application. They can obtain the IE code by filing an online application accompanied with required documents. In case the person does not have a current account for the business, he/she may provide canceled cheque of the savings account for the purpose of filing IE code application.
What is the validity of import export code registration?
The Import Export Code comes with a lifelong validity unless the same is withdrawn or surrendered. Once the applicant receives the IE Code, there is no need to re-register as it is a perpetual registration
Whether the separate application is to be made for other branch?
No, there is no requirement to make a separate application for different places of business. This is a PAN based registration. Hence, the single registration will be valid for all the businesses and branch under the same entity.
Whether more than one IEC can be issued against one PAN?
Only a single IEC can be issued against a single PAN card. If at all more than one IEC is issued then it has to be surrendered to the regional office.
Whether copy of PAN Card is required to be uploaded?
No, w.e.f. 09.08.2018, DGFT has integrated PAN web service of CBDT with the server; therefore PAN card is not required to be uploaded. However, for the purpose of filing an application, the copy of the PAN card is required to be submitted to the team.
Whether renewal of IEC registration is required?
Import Export code is allotted with lifetime validity and therefore it does not require any renewal.
Is there any penalty for not having an importer and exporter code?
No, there is no penalty however, the import or export is not possible without IE code.
Required Documents for Import Export Code Registration
- PAN card of business entity.
- List of partners or directors in case of partnership firm/Limited Liability Partnership firm or Company respectively along with their residential address, ID proof, passport size photograph, and PAN card.
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Articles of Association (“AOA”) and Memorandum of Association (“MOA”) in the case of company or LLP agreement in the case of LLP or Partnership Deed in the case of a Partnership firm.
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Bank Account statement.
- Certificate from banker as per the format is given in Appendix 18A.
Import Export Code (₹999)
₹999.00
Import Export Code (₹999) in just same day.
Never let the businessman see down by giving your business a shining name with Import Export Code (₹999) registration. It is extremely easy to start and run!
Why choose Company registration in INDIA ?
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Shields from personal liability and protects from other risks and losses.
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A registered company makes it genuine and increases the authenticity of your business.
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Procures bank credits and good investment from reliable investors with ease.
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Offers liability protection to protect your company’s assets
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Greater capital contribution leading to greater stability of business
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Increases the potential to grow big and expand the business