In the present globalized world, commerce between nations is easier than ever. However, before any person or company in India is able to begin importing or exporting goods or services they have to first acquire the import Export Code (IEC). This 10-digit code, issued by the Directorate General of Foreign Trade (DGFT), serves as a license to allow entities to engage legally in international trade. With platforms like XportLicence.com, this vital step is now faster easy, less complicated, and entirely accessible online.
What's IEC and Why Do You Need It?
It is the Import Export Code is an identifier number mandatory for businesses involved in importing or exporting goods or services. Without an IEC is not a viable way to carry out international trade in India. They issue it by DGFT and is valid for life, which means no renewals or a continuous requirement for compliance once you have registered.
If you're an individual, a sole proprietor, a business or LLP or a trust or an association, you are eligible to submit an IEC. It is mandatory when you wish to enjoy benefits from a variety of Foreign Trade Policy policies offered through the Government of India. In today's competitive market the possession of an IEC will open the doors to international expansion, fresh income streams, and government incentives.
Who approves the IEC?
The IEC is issued by the Directorate General of Foreign Trade (DGFT) that is underneath the Ministry of Commerce and Industry. The DGFT oversees all aspects of regulation and promotion for foreign trade in India and has 24 regional offices across the country. Its headquarters are located in New Delhi and is responsible for the development and implementation of trade policies in foreign countries as well as issuing authorizations and monitoring obligations of exporters.
Documents required to be submitted for IEC Registration
In order to obtain you an Import Export Code, the below documents are required:
In the beginning, you'll require a PAN card. This could be the PAN of the individual who applied or the business entity. You'll also need an authentic Aadhaar card or Voter ID for establishing your identity. Address proof is required. This can be a duplicate of property documents for property owners or a rent agreement if the premises are being rented. A recent electricity invoice is required to verify the address as operational. Additionally, a self-declaration request is required, which allows delivery of an IEC certificate to your registered address.
These documents help to confirm your identity, address, and your eligibility to sign up to perform import-export transactions under Indian law.
How to apply for an IEC with XportLicence.com
Requesting the IEC with XportLicence.com is a quick and easy process designed to make your experience easy.
First step to fill in the online form for application available at the site. Here, you provide some basic information like your name, business type addresses, address and PAN number. After the form has been completed you can upload all your documents including your PAN card as well as your Aadhaar card, and the proof of address. Then, you should carefully go through the application to ensure that you have not made any mistakes or inaccuracies.
After verifying your identity, you will be required to make a secure online payment. After payment is completed, the expert team at XportLicence will approve your application. After approval and verification by DGFT The IEC certificate will be sent to your email address registered with XportLicence.
The process usually is completed within a couple of days and does not require you to visit any physical office.
Why is the IEC Essential for Your Business?
The IEC isn't only an obligation in law. It's also a powerful tool to boost growth. If you've got an IEC in place, companies can quickly expand their operations towards international markets. It provides an legal entity for international transactions. It's usually required by banks to process out of the country payments.
Once you're registered the IEC is no longer required for any annual maintenance or compliance check-ups that are related to IEC. This makes it a simple permanent solution for your company's requirements. Companies with IEC registrations are eligible for various advantages offered by DGFT, customs departments, and various other government agencies. These benefits include tax subsidies along with tax reductions and access to export promotion schemes.
What's the difference between IEC the Import license and IEC?
Although IEC and Import License both IEC or Import License relate to trade actions, they serve different objectives. The IEC is a basic prerequisite for any import or export business in India and applies for all types of products and services. However it is an Import License is required for goods and items that are not restricted or which are imported from certain countries. Most businesses only need the IEC for trading.
To obtain an IEC an IEC, you need to complete an online application and upload documents to the IEC portal. While applying for an Import License involves filling out a separate Form (ANF-2M) and may require manual submissions for certain cases.
Why choose XportLicence.com?
XportLicence.com is a reliable and ISO-certified portal import export code that lets IEC registration quick and simple. The platform is specially designed for new traders, startup entrepreneurs, small business owners or even large businesses that require fast and reliable service.
In contrast to generic portals, XportLicence provides a professional service to ensure your application is completely legal. It provides real-time monitoring, digital support and expert assistance throughout the entire process.
The platform is clear that is user-focused and secure. Also, you get assistance with registration of digital signatures, complaint filing as well as real-time tracking of complaints. XportLicence.com isn't just a web-based portal, it's an integral part of your business journey.
Services Offered by XportLicence.com
The platform offers a variety of services that cover every aspect of import and export licensing. This includes:
New IEC registration process for applicants who are first time
IEC update and renewal support
Import-export consulting services
Digital signature registration
Example IEC certificate access
Online complaint filing and monitoring
Quick customer support via helpline and via email
The whole process is made to be seamless with minimal documentation and no visits to the office.
What Our Clients Say About Us
Many customers across India are extremely satisfied in the services provided by XportLicence. Clients have reported increased trade activities, better 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 said that their company received four times more interest after registering through XportLicence.com. The general feedback is positive, which indicates high confidence and reliability of the services provided.
Frequently Answered Questions
What is the IEC numbers?
It is an 10-digit code provided by DGFT that is essential for both exporters as well as importers in India.
What's the price for obtaining IEC? IEC?
Fees may vary. Contact support for pricing current.
Is it compulsory on service suppliers?
Yes, should the service be exported and you'd like to claim benefits under trade rules.
Could I sell without a IEC?
No IEC is not required. IEC is mandatory for all legal exports.
What is the time frame to get your IEC?
Typically it is issued within a few working days after the verification of documents.
Does GST registration be required by exporters?
Yes, in the majority of cases, GST is necessary for tax credits and credits for input.
What is the legality of the IEC?
The IEC is valid for a lifetime and doesn't require renewal.
Contact Information
For assistance, you can contact us between 10:00 AM and 5:00 midnight 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 associated with any government authority. It is a facilitation platform to assist users in registering in order to handle their IEC requirements easily.
If you're interested in entering the world of commerce, begin the process with a trusted partner. Visit XportLicence.com today to take the first step in expanding your business globally.