In the modern world economy, global trade is more easily accessible than ever. But before any individual or company in India can begin import or exporting goods and services, they must first obtain the Export Code (IEC) or Import Export Code (IEC). This 10-digit number, issued by the Directorate General of Foreign Trade (DGFT), serves as an authorization that permits entities to legally participate in trading across borders. With platforms such as XportLicence.com, this vital step has been made faster easy, less complicated, and entirely accessible online.
What's IEC and Why Do You Need It?
It is the Import Export code is a distinctive identification code required for companies involved in exporting or importing goods or services. Without an IEC it is impossible to do international business in India. It is issued by the DGFT and is valid for a lifetime, which means no renewals or continuing compliance is required after the registration.
If you're an individual, a sole proprietor, a corporation or an LLP, a trust, or an organization, you may be eligible for an IEC. It is also required in order to be eligible for benefits under the various Foreign Trade Policy policies offered through the Government of India. In today's marketplace that is competitive IECs are essential. IEC will open the doors for international growth, brand new sources of revenue, and even government incentives.
Who issues the IEC?
IEC is issued by the IEC comes from the Directorate General of Foreign Trade (DGFT) that is beneath the Ministry of Commerce and Industry. The DGFT supervises its regulation as well as promotion of foreign trade in India and has 24 regional offices across the country. Its headquarters are located in New Delhi and is responsible for the formulation and execution of trade policies in foreign countries as well as issuing authorizations and overseeing the exporter's obligations.
Documents required for IEC Registration
In order to obtain your Import Export Code, the required documents are:
First, you'll need a PAN card. This could be the PAN of the applicant or the company. You'll also need a valid Aadhaar card or Voter ID to prove your identity. An address proof is required, which could be a copy of the property papers if you own the property or a rent agreement if the property is renting. A current electricity invoice is required to verify the address that is operational. Additionally, a self-declaration request is required to authorize the delivery of the IEC certificate to your registered address.
These documents are used to verify your identity, location, and eligibility to register for import-export operations under Indian law.
How to Apply for an IEC with XportLicence.com
Application for the IEC using XportLicence.com is a fast and efficient process, designed to ease your journey.
First step to fill the online application form that is available at the site. In this form, you must provide basic details like name, type of business, address, and PAN number. After completing the form then you upload all of your documents, including your PAN card Aadhaar card, and address proof. Review your application to make sure you have not made any mistakes or inaccuracies.
After verification, you'll be asked to complete an online secure payment. Once payment is complete the skilled team at XportLicence will review your application. If your application is accepted and verified by DGFT, the IEC document will be sent to your email address registered with XportLicence.
The process usually is completed within a couple of days and does not need you to visit a physical office.
What is the significance of the IEC important for Your Business?
The IEC isn't only an obligation in law. It's also a strategy tool for expansion. By having an IEC in hand, businesses can easily scale their operations in international marketplaces. It serves as a legal identity for conducting international transactions. It is also required by banks to process international payments.
In addition, once you've been registered you don't need any annual maintenance or compliance assessments related to IEC. This makes it a simple permanent solution for your business needs. Moreover, companies with IEC registrations are eligible for various benefits offered by DGFT, customs departments, and other government agencies. This includes subsidies as well as tax reliefs and access to schemes for export promotion.
What is the difference between IEC or Import License?
Although Both the IEC or Import License relate to trade actions, they serve different goals. The IEC is the most basic prerequisite for any export or import operation in India and applies to the majority of goods and services. However an Import License is required to import restricted items or products obtained from specific countries. Many businesses only require an IEC for trading.
To apply for an IEC an IEC, you need to submit import export code an online form and upload documents on the IEC portal. The application for an Import License involves filling out an additional document (ANF-2M) and could require manual submissions for certain situations.
Why Choose XportLicence.com?
XportLicence.com is a reliable and ISO-certified site that makes IEC registration straightforward and effortless. The platform is specially designed specifically for those who are first-time traders, small business owners, startups as well as large businesses that require fast and reliable service.
In contrast to generic portals, XportLicence provides a specialized service of consulting to ensure that your application is comprehensive and in compliance with. It provides real-time tracking, digital support and a dedicated support throughout the entire process.
The platform is transparent, customer-focused, and secure. It also offers assistance with digital signature registration, complaint filing, and real-time complaint tracking. XportLicence.com is more than a website, it's a friend in your trade journey.
Services Offered by XportLicence.com
The platform provides a wide range of services that cover all aspects of export and import licenses. This includes:
New IEC registrations for first-time applicants
IEC update and renewal support
Consulting services for import-export
Digital signature registration
Example IEC access to certificates
Online complaint filing and tracking
Rapid customer support via the helpline or email
The entire procedure is created to be seamless which means that there is no documentation required as well as no person-to-person visits.
What Our Clients Say About Us
Many customers across India have expressed a high level of satisfaction of XportLicence's service. Customers have reported an increase in trade activities, improved access to global markets, and speedier approvals. The service is frequently acknowledged for being fast efficient, transparent, and reliable.
One customer from Chandigarh stated that their business got four times more interaction when they registered through XportLicence.com. Overall, the feedback received is positive, which indicates high confidence and confidence in the services provided.
Frequently Answered Questions
Which is the IEC number?
It is an 10-digit code provided by DGFT, necessary for exporters and importers in India.
What's the price for receiving the IEC?
Fees may vary. Contact support for current pricing.
Is it compulsory to service companies?
Yes, when the service is being exported and you are wishing to claim benefits under trade policy.
Are there any exports that can be made without the IEC?
No It is not possible, as the IEC is mandatory to be able to legally export.
What's the average time to get you the IEC?
Typically, the certificate is issued within a couple of working days after verification of the documentation.
Does GST registration have to be completed to exporters?
Yes, in many cases GST registration is required to receive tax credits in addition to input credit.
What is the validity of IEC?
The IEC is valid for a lifetime and does not require renewal.
Contact Information
To get assistance, call us anytime during 10 am and 5 in the evening on Monday through Saturday.
Helpline Number: +91 9513446710 Alternate Helpline: +91 9355583095 Email: [email protected] Website: https://xportlicence.com
Disclaimer: XportLicence.com is a privately-owned consulting firm and is not affiliated with any government entity. It serves as a facilitator platform to assist users in registering to manage IEC requirements with ease.
If you're seeking to get your business into the world of commerce, begin your journey by working with a reliable partner. Visit XportLicence.com today and take your first step to expand your company's footprint worldwide.