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Import Export Code (IEC) Registration
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, the 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.
Why Should You Choose Munshi G & Co. for Registering Your Company?
- Expert Team of Qualified CA, CS, and Lawyers
- Dedicated Relationship Manager and On-call Support
- The entire Registration Process is Managed Online
- Quick Turnaround and Economical Pricing
- Thousands of Happy Customers Across All States of India
- Empowered with Secured Technology
- Avail exclusive partner offers on web hosting, payment gateways, etc.
Process for IEC Registration
Day 1
- Provide Required Documents
Day 2 - 3
- Drafting and preparation of Application
Day 4 Onwards
- Filing of online IEC Code registration application with DGFT
- Government processing time
Documents Required for Online Import Export Code Registration
01
PAN Card
A scanned copy of a PAN card of the applicant or the company
02
PAN Card of Directors / Partners
For a company/partnership, PAN card of the Director/Partner is a must
03
Address Proof
Sale Deed/ Rent Agreement/ Latest Electricity Bill/ Telephone Bill in name of applicant
04
Cancelled Cheque
A cancelled cheque of current account bearing entity’s pre-printed name or Bank Certificate in form ANF-2A(i)
05
Certificate of Registration
Entity should provide the registration certificate with MoA- AoA / LLP Agreement, or a Partnership Deed as applicable
Why Should You Have an 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.
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.
Simple Processing
The complete process of applying for 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.
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.