In today's globalized economy, trading internationally is more readily available than ever. But before any individual or company in India is able to begin importing or exporting products or services they must first obtain the export or import license. Export Code (IEC). The 10-digit IEC code, issued through the Directorate General of Foreign Trade (DGFT) serves as an approval that allows companies to legally engage in trading across borders. With platforms like XportLicence.com, this crucial step has become faster, simpler, and completely online.
How do you know IEC and Why Do You Need It?
It is the Import Export Code is the unique identification number that is required by businesses the export or import of goods or services. Without an IEC one cannot engage in international trade within India. The IEC is issued by DGFT and is valid for a lifetime and there is no renewal or continuous compliance are required immediately after registration.
No matter if you're an individual or a sole proprietor a corporation, an LLP or a trust or a society, you can seek an IEC. It is also mandatory for those who wish to take advantage of benefits from the various Foreign Trade Policy policies offered by the Government of India. In today's world of competition, having an IEC could open the door for international growth, brand new income streams, and government incentives.
Who Issues the IEC?
IEC is issued by the IEC originates from the Directorate General of Foreign Trade (DGFT) that is underneath the Ministry of Commerce and Industry. The DGFT oversees control and development of foreign trade in India and has 24 regional offices across the country. Its headquarters is located in New Delhi and is responsible for the formulation and execution of foreign trade policies issue authorizations, the oversight of exporters' obligations.
Documents required to be submitted for IEC Registration
In order to obtain Your Import Export Code, the following documents are required:
You'll first need your PAN card. It can be either the PAN of the individual applicant or the company. Second, you'll need an active Aadhaar card or a Voter ID for establishing your identity. In addition, proof of address is required. This can be a photocopy of property papers that you own the property or a lease agreement if the property is let. Furthermore, a current electric bill is required in order to verify the address as operational. Finally, a self declaration application is required, which allows to send IEC certificates. IEC certificate to your registered address.
These documents all help verify your identity and location and eligibility to register to perform import-export transactions under Indian law.
How to Apply for an IEC using XportLicence.com
Requesting IEC IEC via XportLicence.com is a quick and effective process that is designed to ensure that you have a smooth experience.
Step one is filling the online application form available via the web portal. On this form, you will provide the some basic information like your name, business type, address, and PAN number. When the application is complete it is time to upload the required documents, such as you PAN card as well as your Aadhaar card as well as address proof. You should then carefully read through your application to make sure there aren't any mistakes or missing information.
After verifying your identity, you will be required to make a secure online payment. Once the payment has been completed the skilled team at XportLicence will be able to process your request. Once the application is approved and verified by DGFT The IEC document will be sent to your email address registered with XportLicence.
The process typically takes in a matter of days and does not require you to go to a physical office.
Why is the IEC Important for Your Business?
The IEC isn't only a legal requirement. It's also a tool for growth. If you've got an IEC in place, companies can easily expand in international marketplaces. It serves as an official legal name for international transactions. It's usually required by banks when processing payments from overseas.
Also, once you've signed up there is no requirement for any periodic maintenance or compliance examinations relating to the IEC. This makes it a simple permanent solution for your company's requirements. In addition, companies with IEC registration can enjoy various benefits provided by DGFT and customs departments as well as other government agencies. These benefits include subsidies, tax relaxations, and access to schemes for export promotion.
What's the difference between IEC as well as Import Licence?
Although all of them, the IEC along with the Import License relate to trade operations, they are used for different goals. The IEC is a basic prerequisite for any export or import action in India and is applicable to the majority of goods and service. On the other hand, an Import License is needed only for goods and items that are not restricted or purchased from certain countries. Most companies only require the IEC for trading. import export code
For obtaining an IEC for a product, one should complete an online application and upload documents on the IEC portal. To apply for an Import License involves filling out an additional request form (ANF-2M) and may require manual submissions in specific instances.
Why choose XportLicence.com?
XportLicence.com is a trusted and ISO-certified platform that helps make IEC registration easy and hassle-free. It is designed for first-time traders, entrepreneurs, small businesses, and even large corporations that require efficient and reliable service.
In contrast to other generic portals XportLicence provides professional advice and assistance to ensure that your application is completely legal. You have access to live trackers, digital support and a dedicated support throughout the process.
The platform is clear and customer-centric, as well as secure. Additionally, you can get assistance with the digital signature registration process, complaint filing, and real-time complaint tracking. XportLicence.com isn't just a portal--it's a trusted partner in your business journey.
Services Provided by XportLicence.com
The platform offers a variety of services designed to address every aspect of export and import licences. These include:
New IEC registration for new applicants to IEC
IEC Update and renewal support
Consultancy services for Import-Export
Digital signature registration
Sample IEC certificate access
Online filing of complaints and tracking
Quick customer support via helpline or email
The entire process is created to be seamless, requiring minimal documentation and no personal visits.
What our clients are saying
A large number of users across India are extremely satisfied with XportLicence's products. Clients have reported a rise in trade business, increased access to international markets, as well as faster approvals. The service is often recognized for its speed honest, transparent, and professional.
One customer from Chandigarh mentioned that their business had four times more engagement after signing up with XportLicence.com. The overall feedback is overwhelmingly positive, which indicates high confidence and reliability of the services provided.
Frequently asked questions
What is the IEC code?
It is the 10-digit number issued by DGFT which is required for exporters and importers from India.
What is the cost of obtaining IEC? IEC?
Fees can vary. Contact support to inquire about current prices.
Does it have to be mandatory in the case of providers?
Yes, If the service you provide is exported and you want to claim benefits under trade policies.
Do I have to export with an IEC?
No It is not possible, as the IEC is mandatory for all legal exports.
What's the average time to receive this IEC?
Typically it is issued within a few working days after the verification of documents.
Are GST registrations required by exporters?
Yes, in many cases GST registration is required for tax credits and input credits.
What is the validity of the IEC?
The IEC is long-lasting and doesn't require renewal.
Contact Information
If you need help, call us anytime from 10:00 AM and 5:00 midnight 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 consultancy firm and is not associated with any government entity. It acts as a facilitation platform to help users register in order to handle their IEC requirements in a simple manner.
If you're seeking to get your business into the world of commerce, begin your journey with a trustworthy partner. Visit XportLicence.com now to take the initial step to expanding your business to the world.