What is import export code (IEC)?

IEC (Import export code) is required to entities wish to start import export business in India. IEC is required by anyone looking to start quick import/export business in India. IEC code is issued by (DGFT) (Director General of Foreign Trade) under ministry of commerce and industries government of India. Anyone cannot import or export goods without IEC code. IEC code is a 10-digit number with lifetime validity we do not have to renew it but we can update our IEC certificate. Importer or exporter cannot avail benefits of government scheme with IEC code registration.

 

Overview

With setupfilings you can get IEC Registration within 24 hours of Documents submission.
 

Documents Checklist

Documents Required for IE Code Application

The following are the documents required for making an IE Code application in India.

1.Proprietorship

  • Digital Photograph (3x3cms) of the Proprietor.
  • Copy of PAN card of the Proprietor.
  • Copy of Passport (first & last page)/Voter’s I-Card/ Driving Licence/UID (Aadhar card) (any one of these).
  • Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased; or latest electricity /telephone bill.
  • Bank Certificate as per ANF 2A(I)/ Cancelled Cheque bearing preprinted name of applicant and A/C No.

2. Partnership firm

  • Digital Photograph (3x3cms) of the Managing Partner.
  • Copy of PAN card of the applicant entity.
  • Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card) /Driving Licence/PAN (any one of these) of the Managing Partner signing the application.
  • Copy of Partnership Deed.
  • Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased; or latest electricity /telephone bill.
  • Bank Certificate as per ANF 2A (I)/Cancelled Cheque bearing preprinted name of the applicant entity and A/C No.

3. LLP or Private Limited Company or Section 8 Company

  • Digital Photograph (3x3cms) of the Designated Partner/Director of the Company signing the application.
  • Copy of PAN card of the applicant entity.
  • Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card) /Driving Licence/ PAN (any one of these) of the Managing Partner/Director signing the application.
  • Certificate of incorporation as issued by the RoC
  • Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased; or latest electricity or telephone bill.
  • Bank Certificate as per ANF 2 A(I)/Cancelled Cheque bearing preprinted name of the company and A/C No.

4. Society or Trust

  • Digital Photograph (3x3cms) of the signatory applicant/Secretary or Chief Executive.
  • Copy of PAN card of the applicant entity.
  • Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card) /Driving Licence/ PAN (any one of these) of the Secretary or Chief Executive/ Managing Trustee signing the application.
  • Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased; or latest electricity /telephone bill.
  • Registration Certificate of the Society / Copy of the Trust Deed
  • Bank Certificate as per ANF 2A(I)/Cancelled Cheque bearing preprinted name of the Registered Society or Trust and A/C No.

5. HUF

  • Digital Photograph (3x3cms) of the Karta.
  • Copy of PAN card of the Karta.
  • opy of Passport (first & last page)/Voter’s I-Card/ UID (Aadhar card)/ Driving Licence (any one of these) of the Karta.
  • Sale deed in case business premise is self-owned or Rental/Lease Agreement, in case office is rented/ leased or latest electricity /telephone bill.
  • Bank Certificate as per ANF 2A(I)/ Cancelled Cheque bearing preprinted name of applicant and A/C No.

Benefits

Benefits of Conversion of LLP into Private Limited Company

A. Expansion of Business

IEC (Import export code) assists you in taking your services or product throughout globe and grow your businesses

 

B. Availing Several Benefits

On the basis of IEC Registration, Companies could avail many benefits on their imports/ exports from the DGFT, customs, Export Promotion Council, etc.

 

C. No Filling of returns

IEC (Import export code) does not require filing or any returns. Once IEC code allotted, there is no requirement to follow any sort of processes for sustaining its validity or any compliance for keep its validity. Even for export transactions, there is no any requirement for filing any returns with DGFT.

 

D. Easy Processing

Registration of IEC (import export code) easy to obtain IEC code from the DGFT 24 hours after submitting the application and documents. There no any need to provide proof of any export or import for getting IEC code.

E.No need for renewal

IEC code is Valid for lifetime of an entity and it requires no renewal once obtained.

Procedure for import export code (IEC)

  1. Our executive will get in touch with you and will create your IEC Application.
  2. Documents preparation.
  3. IEC Fee payment.
  4. IEC certificate will send you by Email.

Packages

BasicStandardPremium
Import export code registrationImport export code registrationImport export code registration
DSC Digital Signature certificate (DSC)DSC Digital Signature certificate (DSC)
GST Registration
Rs.1499Rs.4499Rs.4999

Process

Get the process done in 5 Easy Steps

1. Choose the package and fill the form.

2. Make Payment

3. Our Executive will get in touch with you and verify the details.

4. Filing the Application to concern department

5. Congratulations your Work is complete

FAQ's

1. What is IEC?

Answer: Import Export code (IEC) is a ten digit permanent number issued by DGFT Directorate General of Foreign Trade Under ministry of commerce and industry. IEC is used to import and export goods from one place to other. One cannot take advantage from DGFT without having IEC code in India.

2. Why do I need IEC Code Registration in India?

Answer: At following place you may require IEC Code.
At the time when importer has to clear his shipment from custom then it’s required by custom authority.
At the time when importer needs to send money abroad then it’s required by banks.
At the time when exporter has to send the shipment then it’s required by custom ports.
At the time when exporter has to receive the money directly in his bank account then it’s asked by bank for IEC code.
Get Start with IEC Registration Online.

3. Can we do import/Export without IEC Code?

Answer: No. IEC Code is mandatory for doing Import & Export.

4. What are the documents required for IEC Code Registration Online in India?

Answer: Below is the list of documents required for IEC Code Registration online In India.
Photograph of applicant (Scanned copy)
Scan copy of Self attested PAN Card of all partners/Directors Entity’s
Pan Card in case of Firm/Company (Scanned copy)
Scan copy of Cancelled Cheque/ bank certificate of the Entity or individual (in case the IEC code application is to be done on Individual’s Name)

 

5. How many days it take to register IEC code?

Answer: It takes 24 hours to get IEC Code.

 

6. Can we modify IEC Code after registration?

Answer: Yes. An IEC Application can be modified after registration. We can change address, account details, details or partner or directors, registered email id and Mobile number etc.

 

7. What are benefits of IEC code registration?

Answer: There are various benefits on exports / imports by DGFT, Custom and exports, promotion council etc.

 

8. Is there any penalty for not having IEC Code?

Answer: No. IEC Code registration is not mandatory until it not required.

 

9. Do we have to file any return for IEC Code?

Answer: No. We don’t have to file any return for IEC Code.

 

10. How long does IEC Code Valid?

Answer: IEC Code is Valid for Lifetime of the entity and not required any renewal.

 

Still have questions? Ask an expert for help

Call us at+91-7738877316

Email us support@setupfilings.com

Call us at+91-7738877316

Email us support@setupfilings.com