All businesses engaged in Importing and Exporting goods and Services must have an Importer Exporter code. Afleo offers services to easily register an Import Export License (IEC Code).
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Import Export License (IEC Code)
So now that you have decided to Import or Export any Goods or Services from India. You must be wondering how to go about it? What are licenses and permissions to be taken from Government in order to start Importing or Exporting?
First of all, Congratulations! You have made the right choice. There are tremendous opportunities to explore in this sector and it is ever growing.
Now the first thing you require to start Export Import business is to apply for Import Export Code (IEC). It is same as your PAN, however, it is compulsory to apply for IEC Code and register your firm with DGFT. IEC is issued to any bonafide Individual or Company. As a Passport is mandatory for traveling abroad, similarly an IEC Code Registration is mandatory to Export or Import anything from/into India.
IEC Certificate is issued by Directorate General of Foreign Trade (DGFT) which comes under Ministry of Commerce and Industry, Government of India. The main objective of DGFT is regulating and promoting Exports from India. It has a total of 36 branches across India. You have to make an application electronically and submit it to that particular DGFT office that falls under your jurisdiction.
Afleo will help you in all your requirements regarding the registration of Importer Exporter Code(IEC) and Get IEC Code in India. Our Business advisors will give solutions to all your queries regarding IEC and help you to take your decisions easily. Afleo.com started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly. Afleo is leading IEC Code Agent in Mumbai, Delhi, Chennai, Hyderabad, Bangalore and across India with 500+ IEC Registration per month and total figures crossing 10,000+
Features of Import Export Code (IEC Code)
IEC Code has a permanent validity. Therefore there is no need to renew IEC Certificate. In case there is any change in Office Address, Directors/Partners etc, then the same IEC Code can be continued after modification.
Import & Export Business is full of opportunities. If someone is selling Domestically, then IEC Code acts as a gateway to sell products in international Markets. Similarly goods can be imported into India from across the world.
Export trade is important for any country's economy as it brings valuable Foreign Exchange into our country. Therefore to motivate Exporters, Government has put in place many Incentive Schemes, under which Exporters can get refund of approx 5% of Invoice Value.
Documents for Import Export Code (IEC Code)
PAN Card of Individual/Company
Savings/Current account Cancelled Cheque
Passport Size photo
Class 2 or Class 3 Digital Signature
Aadhar Card of all Directors/Partners
Free Consultation of all Services at just ₹ 1.
Process for Import Export Code (IEC Code) Registration
Obtaining Information/ Documents
In this stage we will clear all your doubts regarding Import & Export. Then collect all the necessary information and documents required for drafting of Application.
Drafting and filing of Application
We will draft your Application within 1 working day based on given documents and information and send it to you for confirmation. Once it is approved we will go ahead with final submission of Application.
Get IEC Certificate
Once final application is done on DGFT portal, then you will receive Soft Copy of your Importer Exporter code via email within next 2-5 working.
How we help with IEC Code Registration
Afleo.com can easily register a IEC Code within 2-5 working days
Got Questions? Request a call back from Afleo.com International Trade Expert
The documents required for obtaining an IEC Code vary on the basis of type of applicant firm. In simple language, the documents required for an individual are slightly different from the documents required for a Partnership/Private Limited Company or any other type of entity. Primary documents required are Pan Card of company and directors, Scanned photograph of applicant, Cancelled cheque. For further details please contact us by filling the form. Our executive will get back to you with the detailed list of documents.
Yes, an IEC Code can be modified anytime. However within 1 months’ time, the details can be modified without any additional government fees. Modifications can be in form of change in Office Address, Addition/Deletion of Partners/Directors etc. But after the given time is exhausted, a Government fee of RS 200/- is applicable to be able to modify any details in the IEC.
IE Code does not require the filing of any return. Once, an IEC Code is issued there are no further procedures required to maintain validity of the IE Code. IEC has lifetime validity. Even if import or export transactions occur from said IEC Code, there are no filings required to DGFT.