Grow your import–export business with IEC Code Registration. Get your IEC quickly, easily, and 100% online. No hassles, expert support, and fast approval. Start trading globally and unlock new opportunities today. Apply now and take your business international with IEC Code Registration.
In today’s global economy, businesses are no longer limited to selling products or services within one country. With the growth of international trade, even small businesses and startups can import goods or export products across borders. However, to legally take part in international trade in India, one important requirement must be fulfilled: IEC Code Registration.
IEC Code Registration is the first and most essential step for any individual or business that wants to start importing or exporting goods or services from India. This article explains everything you need to know about IEC Code Registration in simple language, including its meaning, importance, benefits, eligibility, documents required, application process, fees, validity, and common mistakes to avoid.
IEC stands for Import Export Code. It is a 10-digit unique code issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, Government of India.
IEC Code Registration is mandatory for any person or business that wants to import goods into India or export goods or services from India. Without IEC Code Registration, customs authorities will not allow shipments to clear, and banks will not process international payments. In simple words, IEC Code Registration is like an identity number for businesses involved in foreign trade.
Anyone involved in international trade needs an IEC Code. This includes:
Whether you’re a person, partnership, company, or LLP, if you are dealing in cross-border trade, you need an Import Export Code.
IEC Code Registration is important because it acts as a legal permission to trade internationally. Below are some key reasons why IEC Code Registration is necessary:
Without IEC Code Registration, no business can participate in international trade in India.
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.
However, delays can happen if:
To avoid delays, double-check all details before submission.
Any business involved in import and export of Good or Service needs to apply for an Import Export Code. Both individuals and companies can apply, as long as they meet the necessary requirements set by DGFT.
To apply for the IEC Registration, businesses need to submit documents such as a PAN card, bank account details, business address proof, and a passport-sized photograph of the applicant.
The application for the Import Export Code can be made online through the Govt portal. After filling in the details, upload the required documents and submit the application.
Once the application is processed, the IEC will be issued. This process is quick and usually takes 1 working days, making it easy for businesses to start international trading.
One of the biggest advantages of IEC Code Registration is its lifetime validity. Once issued, it does not expire.
However, businesses must update their IEC details on the DGFT portal if there are changes in address, bank details, or ownership.
Even though the IEC code is valid for lifetime, there is usually a requirement to confirm or update certain details yearly. This could include information like address, activity, or bank details.
If you do not update when required, your IEC may become inactive, which means you won’t be able to use it for new import/export transactions until you fix the issue.
IEC Code Registration offers several advantages to businesses involved in import and export activities:
IEC Code Registration allows businesses to enter international markets and reach customers worldwide.
Once issued, IEC Code Registration remains valid for a lifetime and does not require renewal.
There is no need to file returns specifically for IEC Code Registration.
Registered exporters can avail benefits under government schemes such as duty drawback and export promotion programs.
IEC Code Registration can be completed fully online, making it quick and convenient.
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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