In the current global economy, international trade is easier than ever. However, before any person or company in India can begin to import or exporting goods or services they must first obtain the import Export Code (IEC). The 10-digit IEC code, issued through the Directorate General of Foreign Trade (DGFT) serves as a license that allows entities to legally participate in trans-border commerce. With platforms like XportLicence.com, this vital step is now faster simple, more user-friendly, and totally online.
What exactly is IEC and why Do You Need It?
It is the Import Export Code is an identifier number essential for any business that is involved in exporting or importing goods or services. Without an IEC is not a viable way to do international business in India. The IEC is issued by DGFT and is valid for life so no renewals or ongoing compliance is needed after the date of registration.
It doesn't matter if you're an independent, a sole proprietor, a business or LLP, a trust, or a society, you can request an IEC. It is also required in order to be eligible for advantages from various Foreign Trade Policies offered through the Government of India. In today's highly competitive market IECs are essential. IEC can open doors to international growth, new sources of revenue, and even government incentives.
Who Issues the IEC?
The IEC originates from the Directorate General of Foreign Trade (DGFT) which is underneath the Ministry of Commerce and Industry. The DGFT oversees all aspects of regulation and promotion for foreign trade in India and operates 24 regional offices throughout the country. The headquarters of the DGFT is located in New Delhi and is responsible for the formulation and implementation of policies for foreign trade that include granting authorizations, the monitoring of obligations for exporters.
Documents Required for IEC Registration
In order to obtain the Import Export Code, the necessary documents include:
You'll first need your PAN card. It could be the PAN for the individual applicant or the business entity. Also, you'll require a valid Aadhaar card or Voter ID to establish your identity. In addition, proof of address is required, which could be a copy from property papers for property owners or a lease agreement if the property is rented. Also, a recent electricity bill is required to validate the address as operational. Lastly, a self-declaration application is required, which permits sending the IEC certificate to your registered address.
These documents together help confirm your identity, the location of your residence, and your eligibility to be registered in order to import and export in accordance with Indian law.
How to apply for an IEC through XportLicence.com
Making an application for IEC IEC via XportLicence.com is an easy and effective process that is designed to make the process easy and enjoyable.
In the beginning, you need filling the online application form available on the portal. This form requires some basic information like your name, type of business, address, and PAN number. Once you've completed the application and you have uploaded your supporting documents, which include your PAN card Aadhaar card and address proof. Then, you should carefully go through your application to make sure there aren't any mistakes or missing information.
After 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 handle your application. Following verification and approval from DGFT, the IEC Certificate will be emailed to the email address you have registered.
The process usually takes within a couple of days and does not require you to visit a physical office.
What is the significance of the IEC Important to Your Business?
The IEC isn't only a legal requirement. It's also a tool for expansion. If you've got an IEC in hand, businesses can easily expand into international market. It serves as an identity legal for international transactions. It's often required by banks to facilitate overseas payments.
In addition, once you've been registered it's not necessary to conduct regular maintenance or compliance checks related to the IEC. It's a once-in-a-lifetime and long-term solution to your business's requirements. Further, companies that have IEC registration can benefit from a range of benefits provided by DGFT Customs Departments, DGFT, and other government agencies. These include subsidies in tax-related benefits, tax exemptions, and access to schemes for export promotion.
What's the difference between IEC the Import license and IEC?
Although Both the IEC as well as the Import License relate to trade operations, they are used for different reasons. The IEC is a fundamental prerequisite for any export or import action in India and is applicable to almost all products and services. On the other hand the Import License is needed only for restricted goods or items sourced from specific countries. The majority of businesses require the IEC for trading.
To get an IEC license, you must submit an online form and upload the documents via the IEC portal. For instance, requesting an Import License involves filling out an additional Form (ANF-2M) and may require manual submissions in certain circumstances.
Why Choose XportLicence.com?
XportLicence.com is a reputable and ISO-certified online platform that facilitates IEC registration simple and easy. This platform is specifically designed for people who are just beginning their trading careers, small business owners, entrepreneurs and even large corporations who need efficient and reliable services.
Unlike generic portals, XportLicence provides a professional service to ensure that your application is 100% legal. It provides real-time monitoring, digital support and a dedicated support throughout the entire process.
The platform is clear user-friendly, secure, and focused on customer satisfaction. It also offers assistance with registration of digital signatures, complaint filing and real-time tracking of complaints. XportLicence.com isn't a mere portal. It's an essential part of your trade journey. iec code registration
Services offered by XportLicence.com
The platform provides a range of services designed to address every aspect of import and export licensing. This includes:
New IEC registration for new applicants to IEC
IEC update and renewal support
Consultation services on Import-Export
Digital signature registration
Sample IEC certificate access
Online complaint submission and tracking
Rapid customer support via the helpline and via email
The whole procedure is made to be seamless with minimal documentation and no personal visits.
What our clients are saying
Many users across India have expressed high satisfaction with the services offered by XportLicence. Users have reported increased trade activity, improved access to international markets, as well as faster approvals. The service is often acknowledged for being fast efficient, transparent, and reliable.
One customer from Chandigarh claimed that their business experienced four times the engagement after signing up through XportLicence.com. The majority of feedback is positive, showing high levels of trust and reliability in the services provided.
Frequently Answered Questions
Which is the IEC numbers?
It is a 10-digit code that is issued by DGFT and is needed by importers and exporters in India.
What is the cost of receiving the IEC?
Fees can vary. Contact support for pricing current.
Are they required for service providers?
Yes, If the service you provide is exported and you are wishing to claim benefits under trade policies.
Are there any exports that can be made without the IEC?
No, the IEC is mandatory for legal exports.
What's the average time to get the IEC?
Typically the certificate will be issued within a couple of working days following verification of the document.
Is GST registration required by exporters?
Yes, generally GST registration is mandatory for tax credits or input credits.
What is the legality of the IEC?
The IEC is in effect for the duration of its life and doesn't need to be renewed.
Contact Information
If you require assistance, contact us between 10:00 AM and 5:00 at night, 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 consultancy company and is not associated with any government authority. It serves as a facilitator platform to allow users to sign up and track their IEC needs easily.
If you're planning to venture into the international market, begin your journey with a dependable partner. Visit XportLicence.com today and take your initial step to expanding your company's footprint worldwide.