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REGISTRATIONS
Import Export Code (IEC) Registration
The Import Export Code (IEC) is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT). It is mandatory for any business or individual engaged in importing or exporting goods and services from India. Without an IEC, no business can legally perform international trade operations, making it an essential requirement for any company looking to expand globally. IEC registration facilitates global trade and ensures compliance with regulatory requirements.
Benefits of IEC Registration
1. Legal Authorization for Global Trade: IEC is mandatory for businesses involved in import/export transactions.
2. Simplifies Trade Transactions: Ensures smoother transactions by providing legal recognition for international business.
3. Facilitates Customs Clearances: IEC allows easy clearance of goods through customs, both for import and export.
4. Government Incentives: IEC helps businesses access various export incentives, such as duty drawbacks and exemptions.
5. No Need for Renewals: IEC is a one-time registration, and there is no need for renewal or compliance filing unless modifications are needed.
Who Should Apply for IEC?
1. Export-Oriented Businesses Expand Your Market Overseas
Businesses that aim to export goods or services must apply for IEC to legally conduct trade outside of India. It allows you to access international markets and facilitate seamless transactions.
2. Importers of Goods and Services Streamline Your Import Process
Any business or individual involved in importing goods or services into India requires an IEC to ensure compliance with trade regulations and smooth customs clearances.
3. E-Commerce Businesses with Global Reach Unlock Global E-Commerce Opportunities
E-commerce platforms looking to sell products globally must register for IEC. This ensures legal operations and compliance with international trade regulations.
4. Consultants and Service Providers Grow Your Global Clientele
Service providers, such as IT consultants or marketing agencies, who cater to foreign clients, need an IEC to receive payments from abroad legally.
Our Process
1. Consultation and Document Collection
We assess your business’s needs and collect the required documents, including proof of identity, business registration, and bank details.
2. IEC Application Filing
We handle the application process, ensuring it is submitted accurately to the DGFT for quick processing.
3. IEC Issuance
After approval, you will receive your IEC, which allows you to legally start importing or exporting goods or services.
4. Ongoing Support
We provide assistance with any modifications, updates, or queries regarding your IEC registration.
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Have questions? Ask us or find your answer here
EC is a unique 10-digit code required by businesses or individuals engaged in international trade. It is mandatory for importing or exporting goods and services.
Documents required include proof of business registration, identity proof, address proof, and bank details for the business.
It usually takes around 7-10 working days after submitting the application and required documents.
Yes, service providers receiving payments from foreign clients must obtain IEC for legal compliance.
Yes, you can modify details like business name, address, or other registration details by submitting the necessary documents.
Yes, IEC is a one-time registration with no renewal requirements. However, modifications must be made if there are any changes in business details.
Businesses without IEC cannot legally import or export goods, which may result in penalties and fines from regulatory authorities.
IEC is mandatory for all businesses involved in international trade, regardless of their size or turnover.