Today, in a globalized economy international trade is more accessible than ever. However, before any person or company in India can start importing or exporting products or services they have to first acquire an Export Code (IEC) or Import Export Code (IEC). The 10-digit IEC code, issued by the Directorate General of Foreign Trade (DGFT), serves as an official license for entities to legally participate in trading across borders. With platforms like XportLicence.com, this vital step is now faster easier, more simple, and fully accessible online.
What exactly is IEC and Why Do You Need It?
The Import Export Code is an identifier code necessary for all businesses that are involved in exporting or importing goods or services. Without an IEC the business cannot engage in international trade within India. It is issued by the DGFT and lasts for the duration of a lifetime that means that no renewals or continuous compliance are required immediately after registration.
In case you're an owner of a home or a sole proprietor a business, an LLP, a trust, or a society, you can make an application for an IEC. It's also required when you wish to enjoy advantages under the different Foreign Trade Policies provided from the Government of India. In today's marketplace that is competitive the possession of an IEC could lead to international expansion, new income streams, and government incentives.
Who decides on the IEC?
IEC is issued by the IEC was issued by the Directorate General of Foreign Trade (DGFT) which is within the Ministry of Commerce and Industry. The DGFT is responsible for control and development of foreign trade in India and operates 24 regional offices throughout the country. The DGFT's headquarters are in New Delhi and is responsible for the formulation and execution of foreign trade policies, issuing authorizations, and monitoring obligations of exporters.
Documents required for IEC Registration
To get Your Import Export Code, the below documents are required
To begin, you'll need your PAN card. It could be the PAN that belongs to the individual applicant or the business entity. In addition, you'll require an active Aadhaar card or Voter ID for establishing your identity. A proof of address is required. This could be a duplicate of property documents in case you own the house or a rental agreement when the property is let. In addition, a current electricity bill is required in order to verify the address as operational. In addition, a self-declaration form is required to authorize the transfer of the IEC certificate to your registered address.
These documents together help confirm your identity, address, and your eligibility to be registered for export and import operations under Indian law.
How to Apply for an IEC through XportLicence.com
Requesting IEC IEC using XportLicence.com is a simple and efficient process, designed to make your experience hassle-free.
First step to fill in the online application form accessible through the website. The form asks you to enter basic details like name, type of business address, address, and PAN number. After the form has been completed it is time to upload your supporting documents, which include documents like your PAN card, Aadhaar card and address proof. Then, you should carefully go through the application to ensure that there are no errors or data that are not there.
Following verification, you'll be asked to complete an online secure payment. After the payment has been processed and verified, the expert team at XportLicence will review your application. Once the application is approved and verified by DGFT, the IEC Certificate will be sent to the email address you have registered.
The process typically takes in just a few days and doesn't need you to go to any physical office.
Why is the IEC important for Your Business?
The IEC isn't only an obligation in law. It's also a tool for growth. Once you've an IEC in place, companies can easily expand for international expansion. It serves as a legal identity for conducting international transactions and is often required by banks to facilitate payments from overseas.
In addition, once you've been registered you don't need any annual maintenance or compliance examinations relating to the IEC. This is a one-time, long-term solution for your business's needs. Companies with IEC registration are able to enjoy a range of advantages provided by DGFT and customs departments as well as other government agencies. These benefits include subsidies or tax breaks, as well as access to schemes for export promotion.
What is the difference between IEC an Import Permit?
Although both the IEC and Import License relate to trade activities, they each serve different reasons. The IEC is the most basic requirement for any export or import business in India and is applicable to most goods and services. On the other hand the Import License is needed only for products or services that are restricted purchased from certain countries. Businesses generally only require the IEC to begin trading.
To obtain an IEC an IEC, you need to fill out an online form and upload the required documents to the IEC portal. To apply for the Import License involves filling out an additional type (ANF-2M) and may require manual submissions for certain cases. import export code
Why Choose XportLicence.com?
XportLicence.com is a reliable and ISO-certified platform that facilitates IEC registration simple and easy. This platform was specifically created for new traders, entrepreneurs, small businesses as well as big businesses that require fast and reliable services.
Like other portals that are generic, XportLicence provides expert advice and ensures that the application is flawless and legally compliant. You can access real-time tracking, digital support, and expert assistance throughout the process.
The platform is transparent, customer-focused, and secure. It also offers assistance with registration of digital signatures, complaint filing as well as real-time tracking of complaints. XportLicence.com is more than just a portal. It's a trusted partner in your business journey.
Services Provided by XportLicence.com
The platform offers a variety of services that cater to every aspect of export and import licences. This includes:
New IEC registration for those who are the first time applicants
IEC Update and renewal support
Consulting services in Import-Export
Digital signature registration
Sample IEC access to certificates
Online complaint submission and tracking
Helpline for quick customer service or email
The whole process is designed to be seamless which means that there is no documentation required and zero in-person visits.
What Clients Are Saying
Many users across India are extremely satisfied with the services offered by XportLicence. Clients have reported a rise in trade activity, better access to global markets, and speedier approvals. The service is frequently highly praised for its speed clear, professional, and transparent.
One client from Chandigarh mentioned that their business had four times more engagement after registering through XportLicence.com. The general feedback is positive, which indicates high confidence and confidence in the services offered.
Frequently Asked Questions
What is the IEC number?
It is the 10-digit number issued by DGFT, necessary for exporters and importers within India.
What is the cost of obtaining the IEC?
Fees might vary. Contact support for the latest pricing.
Are they required of service providers?
Yes, when the service is being exported and you want to claim benefits under trade rules.
Do I have to export with an IEC?
No IEC is required, and the IEC is mandatory for legal exports.
What's the average time to get this IEC?
Typically it is issued within a few working days following the verification of the documents.
Does GST registration be required to exporters?
Yes, in most cases GST registration is mandatory for tax benefits and credits for input.
What is the legality of the IEC?
The IEC is good for a lifetime and doesn't need to be renewed.
Contact Information
To get assistance, reach out for assistance between 10:00 AM and 5:00 at night all weekdays, from Monday to Saturday.
Helpline Number: +91 9513446710 Alternate Helpline: +91 9355583095 Email: [email protected] Website: https://xportlicence.com
Disclaimer: XportLicence.com is a privately owned consulting company and is not affiliated with any government entity. It serves as a facilitation platform to help users register and manage their IEC needs easily.
If you're interested in entering the world of business, begin your journey with an experienced partner. Visit XportLicence.com today and take the initial step to expanding your business internationally.