Finca Work

10: 00AM – 07:00 PM

Monday to Saturday

Online Services 24/7

+91-9044466530

Email

lalamanpowerservices@gmail.com

IMPORT EXPORT CODE LICENSE

IEC CODE LICENSE REGISTRATION

@2000/-

If your Business is into Import & Export of goods, the having an IEC Code License Number is necessary. Get your IEC Code Registration Online with Vakilgiri Legal Consultants…

Talk to Our Expert

TALK TO ADVISOR

Please Fill This Form To Kick Start your Journey with us
Regitration

WHAT IS IEC CODE REGISTRATION ?

GET YOUR IMPORT EXPORT CODE LICENSE @Rs. 2000/-

After liberalization in 1991, the Indian markets were opened to international investment. Indian enterprises were also permitted to invest in other nations and conduct import and export operations. To facilitate this, the Government of India, through the Ministry of Commerce and the Director General of Foreign Trade (DGFT), introduced the Import Export Code (IEC) License registration process.

Any business entity can take advantage of the Government of India’s benefits by obtaining Import Export Code registration. Moreover, compliance with IEC license requirements opens the door to a broader range of opportunities. It is mandatory to obtain an Import Export License Certificate before engaging in international trade. This registration comes with various advantages for businesses looking to expand globally.

Import Export Code (IEC) is a unique ten-digit code issued by the DGFT. This accreditation is essential for any individual, partnership, or business involved in import and export activities in India. It serves as proof of a company’s authorization to trade internationally.

The Director General of Foreign Trade (DGFT) issues the certificate, and it comes with lifetime validity, meaning there is no need for renewal once obtained. The IEC registration process typically takes around one month to complete. Any business that fails to meet the IEC registration requirements will not be authorized to engage in import-export operations.

Let me know if you’d like to include a call-to-action like:
“Get your IEC Code hassle-free with Finca Work’s expert assistance today!

 

REGULATORY BODY FOR IMPORT EXPORT LICENSE CERTIFICATE REGISTRATION

The Director General of Foreign Trade is the primary regulating authority for IEC code license registration. The IEC is governed by the Government of India, the Ministry of Commerce, and the DGFT. For an IEC code license registration, a separate application must be submitted to the DGFT. The official website of DGFT offers an online version of the registration system.

Finca Work – Legal Consultants is here to help you with your Import Export Code License Registration.

BENEFITS OF IEC CODE REGISTRATION

KEY ADVANTAGES OF IMPORT EXPORT CODE LICENSE

Import Export Code registration process in India has many advantages. Some of them are:

Business Diversification

One of the biggest advantages of IEC code registration is the opportunity to expand the business. This can be accomplished through both exports and imports into India. Any entrepreneur or business may have a hassle-free experience without having to worry about compliance.

No Returns to BE fileD

This method does not necessitate the filing of any returns. As a result, once the Import Export code number is assigned, there is no need to file returns to confirm the legitimacy of the certification.

Effortless Processing

IEC Code Registration process is 100% online. As a result, processing time is reduced when compared to the offline method. When an initial application for registration is submitted, the applicant is given an OTP number. As a result, this technology allows for seamless processing times.

Perpetual License

IEC Code License registration is a one-time process and there is no need of any renewal. When a business or proprietor obtains this license, it is not necessary to renew it.

Benefits from Government

The benefits of registering with the IEC system would be automatically available to the company. Any conformance-related regulations can be followed by the company.

Government sanctioned

When exporting from India, the products that are transported must be certified according to the DGFT’s standards. As a result, enhanced reputation can be achieved through this procedure.

Apply for IEC Code License Now

12AB & 80G Registration Process

More simple than it looks!

Prepration of DSCs

The Digital Signature Certificates are required for filing online e-forms related to the 12AB & 80G registration process.

NGO Darpan Registration

NGO Darpan Registration or NITI Aayog registration is required prior to the 12AB & 80G registration. A minimum of 3 members are required for this registration. This process takes upto 3 days.

Preparing forms & Docs

While applying for the NGO Darpan registration, we will start preparing all the e-forms and attachments that are required for 12AB & 80G registration. These forms contains all the details related to the NGO's working and objectives and needs to be prepared carefully.

Approval from Client

Once all the related documents and forms are complete, we send it to the client for verification. Upon approval from the client, we then proceed further.

Filing eForms with IncomeTax Dept.

After completing all the formalities and documentation work, we upload e-forms along with the attachments prepared in step-4 on the Income Tax portal for approval.

Allotment of Provisional Certificate

The Income Tax Department allots an acknowledgement form and within 1 weeks, the department provides the Provisional 12AB & 80G Certificates that have a validity of 3 years.

Have Doubts? Get Free Consultancy !

WHO NEEDS IEC CODE LICENSE ?

IMPORT EXPORT CODE REGISTRATION ONLINE

Proprietorship Firm

An individual who is involved in the import and export procedure must obtain Import Export License Certificate.

Partnership Firm

A partnership firm is required to have an IEC code license number if it is exporting and importing products.

Limited Liability Partnership

In the business of trading outside India, every partnership created under the limited liability partnership act of 2008 would be required to obtain this certification.

Private Limited Company

If a Private Limited company is engaged in transporting items or goods outside the country, it must obtain IEC code license under the Companies Act of 2013 or a previous company statute.

Hindu Undivided Family

This type of certification is also required for carrying out imports and exports by any Hindu Undivided Family where the individuals are made up of a Karta and Sole members.

Society

To carry out import export activity, any society founded under the Co-operative society or society’s registration act will need this IEC license number.

EXEMPTION FROM THE IEC CODE REGISTRATION


A business must have an Import Export Code license number in order to import any type of goods. The following individuals, however, are exempted from getting an IEC Code registration:

1- For personal import or export, IEC registration is not required.

2- Individuals who intend to export or import products to or from Myanmar and Nepal via China and the Indo-Myanmar fringe zones in one transaction with a value of less than INR 25,000 do not need IEC code license registration number.

3- Import Export license registration would not be necessary for specialised chemicals such as SCOMET (Scientific Chemicals, Organisms, Material, Apparatus, and Technologies), as defined in Appendix – 3, Schedule 2 of the ITC (HS).

WHEN TO APPLY FOR IMPORT EXPORT CODE REGISTRATION?

IEC CODE LICENSE REGISTRATION

The following situations necessitate IEC code registration process:
  • Necessary for APEDA registration.
  • Exporting shipments to other countries.
  • This number is essential if the exporter receives any type of subsidy.
  • IEC code registration is necessary for Food Licensing and FSSAI registration.
  • For obtaining clearance from Customs’ Department officials for the importer's shipments.
  • Import Export Code number is required while sending money abroad through a licensed bank.
  • Import Export Code license number is required by the bank when the exporter receives inward remittance.
Get your IEC Code Registration Now

IMPORT EXPORT CODE REGISTRATION DOCUMENTS LIST

IEC CODE REQUIRED DOCUMENTS

For different business entities, here are the list IEC code registration documents required for the process: 

1. Sole Proprietorship


For Sole Proprietorship Firm, below is the list of documents required for IEC Code registration process:

– (3*3) Applicant’s Digital Photos

– Details about the proprietor’s PAN

– The applicant’s unique identification, voter identification, passport, and driving license

– If the company is privately owned, a sale deed must be presented.

– For a rented property, a copy of lease agreement is required.

2. Partnership Firm

For Partnership Firm, following documents are required for IEC code license registration procedure:

– Applicant’s digital photos (nine).

– Copy of the Partnership Deed

– PAN Card

– The applicant’s unique identification, voter identification, passport, and driver’s license.

– If the company is privately owned, a sale deed must be presented.

– For rented property: A copy of lease agreement is required.

– ANF 2A bank certificate is required.

3. Limited Liability Partnership (LLP) and Private Limited Company


For LLP & Private Limited Company, here is the Import Export Code registration process documents requirement:

– (3*3) Photographs of the Applicant

– Copy of your PAN card.

– The applicant’s unique identification, voter identification, passport, and driver’s license.

– If the company is privately owned, a sale deed must be presented.

– For rented property: A copy of lease agreement is required.

– ANF 2A bank certificate is required.

4. Trust 

For Trust, following import export code license registration documents are required.

– The Trust’s Certificate of Registration.

– A copy of Trust Deed.

– (3*3) Applicant’s Digital Photos (Managing Trustee).

– Copy of your PAN card.

– The applicant’s unique identification, voter identification, passport, and driver’s license.

– If the company is privately owned, a sale deed must be presented.

– A Copy of Lease agreement is required if the property is rented.

– ANF 2A bank certificate is required.

5. Hindu Undivided Family (HUF)

– (3*3) Digital Photographs of the Applicant, i.e. the HUF Karta.

– The Karta’s PAN Card.

– The applicant’s unique identification, voter identification, passport, and driving license (Karta).

– If the company is privately owned, a sale deed must be presented.

– A Copy of Lease agreement is required if the property is rented.

– ANF 2A bank certificate is required.

Bank Proof


As a Bank Proof, a cancelled cheque without a pre-printed name of the account holder will not be accepted, as per Trade Notice No. 39/2018-19 issued on December 12, 2018. The pre-printed cheque can be for a savings account or a current account.

For carrying out successful IEC Code registration process, it must be noted that the above-mentioned papers needs to be uploaded online in digital format (GIF, JPEG) with a maximum file size of 5MB.

Hence, any application for Import Export Code Certification would be required to present the above papers.

IMPORT EXPORT CODE REGISTRATION PROCESS

IEC CODE REGISTRATION PROCEDURE ONLINE

The applicant must consider the following steps for completing Import Export License Registration Process:

Step- 1: Import Export Code Registration documents & application

The Import Export Code Registration process is completed online through the DGFT website. To start the IEC code application procedure, the applicant must go to the official website and fill out the necessary forms. The applicant must go to the DGFT website’s services tab (https://www.dgft.gov.in/CP/) and select IEC profile management. The applicant would receive a distinct ID and password through this system, which could be used for correspondence. At this point, you’ll need to submit your login credentials. After entering personal information, an OTP (One Time Password) will be produced. All personal details for identification must be provided when providing information. If the application is registering a business, the applicant must give information about the business. The registered email id must also be provided in addition to the aforementioned.

Step- 2: IEC Code Registration Application Processing

After completing the online application, the applicant must review it to ensure that all of the information meets the standards. In addition, the applicant will have to accept a certification that the information he submitted was genuine and correct. Following that, the candidate must submit the application online. This can be done in one of two ways: using the Aadhaar OTP or using a Digital Signature Certificate. There are two types of tokens for entities in the digital signature certificate method: Class 2 and Class 3. The applicant must guarantee that the DSC’s driver is in good working order.

Step- 3: Import Export Code Registration Fees Payment

Import Export Code Fee Payment must be paid through the site after the aforesaid process for Import export code registration has been completed. The IEC code registration process requires a payment of Rs. 500/-. The applicant will be directed to another page called BharatKosh once the payment has been made.

Step- 4: Issuing Import Export Code Number

IEC code license number will be generated automatically after the online application is submitted, together with the required fees and documentation. An applicant will receive notification of Import Export Code Registration License allotment through SMS and email, along with a link to download and print the e-IEC. The IEC Code certificate will only be available in digital format, which can be obtained from the specified website after which the holder is required to update his/her profile immediately.

Despite the fact that the import export code number is created automatically, the Regional Authority will conduct post-verification of the online IEC in accordance with the standards. If any incorrect or incomplete information is provided, the applicant will be subject to penal/criminal action, and his or her IEC code registration process will be suspended or cancelled.

GST AS DEFINED BY IEC CODE REGISTRATION

IS GST REQUIRED FOR IEC?

In the year 2017, the Goods and Services Tax Act imposed indirect taxes on products imported into the country. This will also apply to interstate commerce routes.

When products are imported into the country, the GSTIN number is required to be quoted. For each transaction, this procedure must be used on a regular basis.

Apart from that, the IEC code license number is assigned using the Permanent Account Number (PAN).

The GSTIN would be referenced on transactions that represent imports. This will be used to figure out how much interstate trade there is. The GSTIN number should also be supplied for any other type of return or rebate that may be appropriate.

A Government institution that performs import and export operations and procedures is not required to get the Import Export Code License.

IEC Code Registration Now
Testimonials
Trusted by experts and businesses

"The consultancy services provided by Lala Man Power are reliable and efficient. Their team is supportive and responsive. They helped me understand the hiring process and land a great job. Thank you for your excellent service!"

image

Ritesh Khare

Lucknow

"I was struggling to find the right job opportunities in my area until I came across Lala Man Power. Their tender-based hiring consultancy services are truly impressive. The team is highly professional and helped me secure a job in no time. Highly recommended!"

image

Soni Srivastava

Lucknow

Why Choose Us?

Best Online Company Registration in India

7 Working Days

We provide the fastest Online Company Registration Services in India. Our team knows the importance and thrill of getting your first company registration. Thus, delivers services with utmost seriousness.

Personal Assistant

Once, you decide to get started with your company registration process with us, we assign you a personal dedicated assistant who ensures a smooth & efficient user experience and answers all your queries on time.

Lowest Price In India

“First step is always that toughest”; we have redefined this phrase and thus help you take your first step towards entrepreneurship with ease. You can rely on Vakilgiri- Best CA Consultants in India as we are committed to serve you at the lowest possible cost.

Best Customer Support

We are very committed to serve you with the best of our capabilities. Reach out to us even at odd hours. We will gladly resolve your queries. That’s why we have a whopping “5-star rating” on Google. You can reach out to us via call, SMS, email, Whatsapp anytime, anyday

Easy Uploads & Downloads

Since, the incorporation is 100% online, we have developed a CRM through which you can upload and download the required e-forms and documents and can also track the process your online company incorporation. Our system is 100% transparent. Thus, we don’t have anything to hide.