Import Export Code (IEC)

(VSK’s Team Of CA/ CS/ Tax Consultant Local Partners)

Import Export Code (IEC)

IEC Registration

IEC is nothing but the Import Export Code certificate. It comes under The Director General of Foreign Trade (DGFT) under the Department of Commerce, Government of India. Importer Exporter code is 10-digit unique mandatory license for the business or the companies who deals with the import export activities in India. 

The IEC code is one of the mandatory compliances and if there is a miss match of the details in the DGFT may cause penalties or even the cancellation of the business license. It also helps the importer to clear the custom, shipment and transfer money to the foreign banks. In a simple way no importer/ exporter can do the business in India without the IEC.

Our Process for IEC Registration

1.
Fill the form & get started

Fill the basic form to get started

2.
Discussion with the experts

The expert will call you to understand the necessary requirement.

3.
Draft & Docs Preparation:

all necessary docs like KYC, DSC (provided by client) and others

4.
Department formalities:

with all necessary doc’s expert will apply for the certificate DGFT portal.

Our Plans

IEC Registration

  • Passport Photo of Directors
  • Pan card and Aadhar Card director
  • Business Address Proof
  • Latest Utility Bills
  • Dedicated IEC Expert
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Documents Required For Import Export Code (IEC)

Documents for IEC Registration
PAN of the directors/ shareholders
Aadhar card of the directors/ shareholders
Business address proof
Latest utility bills
Advantages of Having IEC
  1. Limited liability protection for director personal losses
  2. More credibility in the market
  3. Investor’s attraction as business model
  4. Raising funds & loan 
  5. Easy to sell
  6. Tax & compliance 
  7. Attracts good & experienced talent as employer
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FAQ's

1. What is the importance of IE Code?

Yes, individuals acting as Proprietors of a business can obtain IE Code Registration.

2. Can individuals obtain IE Code?

Yes, individuals acting as Proprietors of a business can obtain IE Code Registration.

3. Does Custom department use IE code ?

Yes, IEc number must reflect on all documents related to import and export.

4. How much time it will take to get IEC code ?

Considering the entire working and the approval from the DGFT, normally IEC code can
delivered in 3-5 working days.