Apply for Import Export Code (IEC) Registration
Ten digit IEC number allotted by DGFT is a mandatory registration for commercial importers and exporters in India. Apply online and get your IEC registration in less than three days.
What is Importer Exporter Code?
Considering the recent trends in the business sector, a gradual shift of businesses is observed from the local market to the international market. To spread reach and conquer the international market, import and export activities are undertaken which further requires the Import Export Code.
Import Export Code is a 10 digit unique code allotted to the business entities that allow imports and exports. The code is allotted by the Directorate General of Foreign Trade (DGFT) to the applicants.
Register for IEC code online comes with one-time registration and lifetime validity. The process for import export code registration has become simpler with online IEC application supported by a few documents.
Benefits of Importer Exporter Code
Global Markets at Fingertips
Unless the entity holds IEC, it is not allowed to import or export goods/services into the foreign market. It is a key to enter the international market and widening the scope of business. With IEC, one can take their products or services to the global market and expand business with ease.
Compliance-free
Once the import-export code is obtained, there is no adaptational formalities. Unlike other tax registrations, the IE code holder also does not need to comply with any kind of annual filing or return filing. Also, the code is valid for a lifetime so there is no need for renewal.
Simple Processing
The complete process of applying for the importer exporter code is simple and hassle-free with the online Import-Export license application. It merely takes 3-4 working days for obtaining the importer-exporter code. The applicant can immediately download the e-IEC through the link provided in the mail after uploading documents and payment of the fee.
Government benefits
The importers and exporters are eligible to benefit from many Government schemes. The entities are eligible for the schemes under DGFT on their import/export. They can avail the subsidies from Customs and Export Promotion Council or similar government organizations.
Documents required for online Import Export code registration
Address Proof
DSC of Partners or Directors, in case of LLP and Company only
Cancelled Cheque
A copy of PAN Card of business entity
PAN card of Director or Partner
For a company/partnership, PAN card of the Director/Partner is a must
Certificate of Registration
Entity should provide the registration certificate with MoA- AoA / LLP Agreement, or a Partnership Deed as applicable