Looking to expand your business beyond India? Handle your import-export requirements smoothly with DGFT IEC Code Registration through Setupfiling.in. We assist in filing and completing your IEC application within just 2 days at the DGFT office.
If you are an entrepreneur or a business planning to expand beyond Indian borders, we’re here to help. An IEC number is mandatory for carrying out import and export activities, and our team assists you with complete IEC Code Registration, helping you save both time and cost.
India opened the gateway to global trade with the introduction of economic reforms and liberalization in 1991. Since then, Indian businesses and individuals have successfully expanded overseas. The Directorate General of Foreign Trade (DGFT) issues the Import Export Code (IEC) to streamline international trade procedures.
Facing challenges in obtaining IEC Code Registration to grow your business globally? Apply for your import-export license with the support of our experienced consultants.
An Import Export Code (IEC) is a unique 10-digit number issued by the Directorate General of Foreign Trade (DGFT) under India’s Ministry of Commerce and Industry. IEC code registration is mandatory for all individuals, businesses, and entities involved in importing or exporting goods and services in India.
The IEC code plays a crucial role in tracking import-export transactions and maintaining proper records. It ensures compliance with government regulations and facilitates smooth and hassle-free customs clearance. The DGFT is the governing authority responsible for implementing foreign trade policies, issuing licenses such as the IEC, and managing rules to promote both exports and imports.
Indian citizens and businesses can obtain their IEC by applying through the DGFT and submitting the required documents. Once issued, the IEC code enables seamless customs processing, secure bank transactions for international trade, and access to various export promotion benefits. Importantly, an IEC code, once granted, remains valid for a lifetime, making it a one-time investment for businesses planning to expand globally.
One of the most important benefits of IEC code registration is its validity. Any individual or business that obtains the import export code registration successfully does not need to apply for its renewal. The IEC code is valid for the company's lifetime and requires no renewal.
The IEC code registration facilitates Indian businesses in expanding their operations across borders and penetrating international markets with ease. Export import code registration helps export products legally.
The IEC code registration requires businesses and individuals to furnish the latest and updated information. This facilitates limiting the trading of illegal goods by paving the way for the legal trade of goods and services in international markets.
Businesses that have obtained a valid 10-digit IEC code are eligible to claim refunds on taxes paid during the export procedure. Tax refunds help bring down operational expenses, improve cash flows, and make global trade more financially efficient.
IEC registration allows businesses to engage in foreign exchange transactions easily. The IEC code facilitates seamless transactions for international payments according to the bank's requirements.
Import Export Code (IEC) registration helps businesses to benefit from various government organizations, including Directorate General of Foreign Trade (DGFT), customs and the export promotion council.
Important Note: Name and Date of Birth would be same on PAN card and Adhaar card. After Order, Email Documents on help@setupfiling.in
You can usually get your IEC (Import Export Code) certificate within 1 to 2 working days after you submit your online application with all correct documents and pay the fee.
The first step towards IEC code registration requires you to ensure that your paperwork is complete. You need to collect all your important documents, including your PAN card, identity proof, address proof and bank certificates, to avoid last-minute confusion.
The next step in export import code registration requires you to visit the official website of the Directorate General of Foreign Trade (DGFT) and create an account to proceed with the registration. You must enter your updated details, including a valid mobile number and email ID.
Once you have created your account on the DGFT website, you must log in to complete the IEC application form (ANF-2A). To proceed with the application process, you must fill in the correct details, such as a valid bank account number and registered business address.
Once the above three steps are complete, you must upload the required documents in the specified format. Then, you need to pay the fee online through the DGFT portal payment gateway.
Once the payment is made, you need to submit your application. You can then track the latest status of your application through the portal. However, once your application is approved, you will receive an email confirmation.
Export import code registration is important not just for businesses involved in importing and exporting goods but also for consumers with access to global products and services.
Businesses involved in importing and exporting goods and services are eligible to apply import export license in India. IEC code registration is a simple process, and companies can manage to obtain the code within 10 to 15 days if their paperwork is updated and complete.
All individual entrepreneurs, such as small-scale traders and consultants who import and export goods and services, can apply for import export code registration in India. The IEC code facilitates their cross-border trade without requiring them to register a formal company.
Partnership firms dealing with import and export can also apply for import export code registration with the DGFT. IEC code enables them to penetrate international markets and expand their business beyond the Indian region.
Limited Liability Partnerships or LLCs registered in India can also apply for export import code registration. The IEC registration enables them to follow a structured approach towards global trade and safeguards the rights of business partners.
Private limited companies in manufacturing or trading can apply for IEC code registration to enter global markets, expand their international reach and access international customers to grow their business.
Public limited companies, especially the ones engaged in trading on a large scale, must get their import export code registration to continue their global business seamlessly. IEC code helps them meet legal and regulatory needs.
Hindu Undivided Family or HUFs involved in import-export business must also apply for the IEC code, however, under the Karta's name. IEC code registration enables an HUF to continue operating a family-run business within global markets' legal and regulatory frameworks.
All trusts and societies engaged in cross-border trade for charity are required to obtain the IEC code registration. The 10-digit IEC code allows them to import or export items in line with their goals.
Any government department and public sector unit involved in any import-export activity can obtain IEC code registration to ensure operations are conducted according to legal trade practices.
Any online or E-commerce business making international sales must obtain IEC code registration to ensure customs clearance and global payments and tractions. The IEC code facilitates legal cross-border trade.
IEC code registration is a 10-digit number issued to individuals and businesses importing and exporting goods and services. Key features include:
Businesses with IEC code registration numbers are required to update their information on the DGFT portal annually. This must be done to keep their 10-digit IEC number active and avoid deactivation of the same.
IEC code number holders must file GST returns on import-export transactions from time to time. Regular filing helps maintain compliance with tax regulations and maintain operational transparency.
It is important to clear the customs duties on imported goods well on time to avoid delays, which can lead to penalties or complicate the customs clearance process.
Maintaining updated records of all import-export transactions, including invoices and customs documentation, is necessary. Record maintenance helps meet audit, legal and regulatory requirements.
Businesses with a valid IEC code registration number must report foreign exchange transactions to the concerned banks according to the RBI rules and DGFT guidelines.
Businesses must regularly monitor the list of banned and restricted goods issued by the DGFT to avoid dealing in the same. Importing or exporting prohibited goods can invite legal repercussions as per Indian law.
All IEC number holders must follow the trade agreements and regulations, including the Free Trade Agreements (FTAs), to benefit from the incentives offered under such contracts. It also helps businesses avoid penalties.
It is necessary to renew the required and applicable import licenses and permits on time to continue business operations smoothly and without any interruptions caused by non-compliance.
IEC number holders must immediately address queries the DGFT raises to ensure you can continue smoothly with your business operations.
Get your IEC Code Registration online quickly and easily. Start your import export business today with expert support
IEC (Import Export Code) is a 10-digit unique code issued by the Directorate General of Foreign Trade (DGFT), India. It is required for businesses or individuals engaged in import or export activities.
Any individual or business entity involved in importing or exporting goods or services in India requires an IEC Code. This applies to both commercial and non-commercial import-export activities.
Once issued, the IEC Code is valid for a lifetime and does not need to be renewed. However, any changes to the business details must be updated in the IEC records.
You can apply for an IEC Code by visiting the DGFT website, registering your account, filling out the IEC application form, submitting necessary documents, and paying the application fee.
The documents required include:
Yes, there is a nominal application fee for IEC registration. The fee is paid online during the application process.
Yes, NRIs can apply for an IEC Code as long as they are involved in import or export activities, and they meet the required eligibility criteria.
Once the application is submitted and the documents are verified, the IEC Code is generally issued within 1-2 working days.
Yes, the IEC Code is required for the export of both goods and services. It is mandatory for businesses or individuals engaged in international service trade.
No, the IEC Code is issued to a specific individual or business entity. Each business entity involved in import/export must have its own IEC Code.
While GST registration is not mandatory for obtaining an IEC Code, it is recommended, especially for businesses dealing with exports, as it allows them to claim tax exemptions under the GST regime.
Yes, the IEC Code is valid for both import and export activities, meaning a single IEC Code is sufficient for all cross-border trade activities
Yes, when you engage in any import or export activity, the IEC Code must be mentioned on relevant shipping and customs documents, such as the Bill of Lading, Airway Bill, or Export Declaration
Yes, businesses of all sizes—whether small, medium, or large—are eligible to apply for an IEC Code if they plan to import or export goods or services.
No, an IEC Code is non-transferable. It is issued to the specific applicant or business entity and cannot be transferred to others
No, the IEC Code is valid for life. You do not need to renew but annual updation is mandatory
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