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For Import Export Code

Get IEC registered. Online IEC Registration in India is compulsory if you wish to export or import. Prices starting at INR 3,499/- only.

 
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Import Export Code Registration

All you need to know

All businesses which are engaged in Import and Export of goods compulsorily require Import Export Code / IEC Registration.

What is Import Export Code?

Import Export Code  (in short IEC Code) is a ten digit number with permanent validity granted by Directorate General of Foreign Trade under Ministry  of Commerce and Industry, to any bonafide person/ company for carrying out import/export. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.

When will there be requirement of IE code?

At following instances the IE Code would be required:

  • When an importer has to clear his shipments from the customs then it’s needed by the customs authorities.
  • When an importer sends money abroad through banks then it’s needed by the bank.
  • When an exporter has to send his shipments then it’s needed by the customs port.
  • When an exporter receives money in foreign currency directly into his bank account then submission of IEC is required by the bank.

IEC registration, Import Export Code, IEC License, IEC registration, Ebizfiling

One doesn’t need to be a registered entity to apply for import export code; you can apply even as an individual. IEC Certificate is also known as Export License, Import License, IE Code, IEC code, EXIM License. All have the same meaning.

Important Note: As per the recent notification from the DGFT, One needs to renew / update the IEC License every year during April to June.

Thinkbiz Filings is a group of intellectuals. The entire team of Thinkbiz Filings consists of Highly qualified CA, CS, Lawyers and business administrators. Thinkbiz Filings  would be a one stop destination for your Import Export code registration registration in Hyderabad. We also provide services like Start up advisory, Secretarial compliance services, PAN / TAN application, DIN registration, GST registrationTrademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on 09704561215or email info@Thinkbizfilings.com  for for free consultation and to know more about the services provided by us.

Import Export License Fees

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Benefits of IEC Registration in India

Points to make your decision easy

IEC is valid for lifetime

An online Import Export Certificate once issued is valid for lifetime and has no expiry date. However, it requires to be renewed / updated online every year. IE code is valid nationwide and across all factories or branches of the organization.

Global market reach

An Import Export registration unlocks the opportunities to reach in the Global / International Business Market.

Required by Importers

All importers who wish to import goods in India need to have a valid IE Code. IE Code must be mentioned in all relevant customs documents. Bankers would require you to have valid IEC registration for making payments abroad.

IEC For Individuals

An individual may also apply for Import Export Code registration There is no restriction on you to have a business registered.

Required by Exporters

All exporters who export goods out of India need to have a valid IE Code. It must be quoted in relevant customs documents. Bankers would require you to have an IEC registration while receiving money from abroad from your customers.

Quick Processing

You need not submit any proof for import or exports for applying for IEC Code. IEC Application is online process.

Documents Required for IEC Registration

How to get IEC Registration

4 Easy Steps

Fill a Simple Checklist

A Compliance Manager from team Thinkbiz filings will get in touch with you to obtain your documents along with a simple checklist for Import Export Code registration. You need to fill up that checklist and submit along with all the required documents for processing.

Application

After verifying the documents, we would proceed with IEC registration formalities. We will apply for the same online in Aayaat Niryaat Form 2A (ANF 2A). All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of the same

IEC Allotment

Once the application for IEC registration and the attached supporting documents for the Import Export Code are verified by the concerned Government Officer, the Directorate General of Foreign Trade will allow an Import Export Code registered for your business.
FAQs On IEC Registration
Get answers to all your queries
  • Any bonafide person/ company starting a venture for International trade.
  • Application for obtaining IEC Number in made online at DGFT website https://dgft.gov.in in the prescribed form ANF 2A.
  • Yes, PAN is mandatory. Self-Certified Photocopy of PAN card of the Applicant has to be submitted along with the application.
  • All applications will be processed and disposed within 5-6 working days of their receipt.
  • • Notification No. 20/2000/RBI dated. 3rd May 2000. Applicants are also required to furnish i. Copy of Money invested report filed before the Regional Office of RBI. ii. Copy of Report filed in Form FC-GPR, Part A for the issuance of shares to Regional Office of the Reserve Bank of India. iii. If specific permission has been granted by RBI regarding Non-Resident Interest, then copy of that permission to be furnished with Application form ANF-2A.
  • No. However the name of each concern owned by such a company may be included in the IEC of the firm in whose name PAN exists, as a branch.
  • Duly filled application form along with application fee of Rs.200/ and an affidavit on stamp paper of Rs.100/- duly notarized.
  • No, IEC issued are not dispatched or delivered. IEC will be issued in digital format. The applicant has to take an IEC print out of the digitally signed IEC.
  • Thinkbizfilings provides Proprietorship Registration all across India. You can obtain Proprietorship registration in Hyderabad, Vijayawada,Pune, Bangalore, Chennai, Delhi, Kolkata, or any other cities easily with us.
  • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215
2024