Import Export Code (IEC) Registration
@ Rs. 999 *
- Expert Guidance for Seamless IEC Application
- Hassle-Free Documentation Support
- Quick Turnaround for Delhi NCR Businesses
- Compliance Assurance for Import Export License
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Empower Your Business with Finocircle's IEC Code Registration Services
It’s a global economy, and you can’t expect to expand your horizons through international trade by having an Import Export Code (IEC). Finocircle understands the complexities of IEC code registration and personalized support for import export license registration in Delhi NCR, including Noida, Gurugram, Delhi, and Ghaziabad.
Your IEC code registration journey with us is a five-step process from application to approval. Finocircle is your trusted partner for the IEC code application.
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Introduction
Importer Exporter Code Overview
The Import Export Code, commonly known as the IEC code or IE code, is a unique 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT). The IEC code serves as an import export license, acting as a passport for businesses engaged in international trade activities.
The import export license is mandatory for all import and export operations in India. It is valid for a lifetime unless canceled and is a required document for customs clearance of goods. You will also need an import export certificate to open letters of credit and process bank documents.
DGFT has digitized the entire process of IEC code registration, making it more accessible for businesses. Whether in the industrial corridors of Noida, the corporate sectors of Gurugram, the traditional markets of Delhi, or the emerging business centers of Ghaziabad, an IEC code is indispensable for engaging in foreign trade.
As IEC code application requires careful attention to detail and compliance with DGFT regulations, Finocircle’s expertise becomes invaluable to ensure successful IEC registration.
Why obtain import export license
Benefits of IEC Code Registration for Businesses
Obtaining an IEC through proper import export code registration offers numerous advantages for your business. Finocircle helps you to start your international trade with the right license and compliance.
Legal Compliance
An import export license ensures that your import-export business activities comply with Indian foreign trade laws, preventing legal complications.
Global Market Access
Acts as a passport to international markets, allowing businesses in Noida, Gurugram, Delhi, and Ghaziabad to expand their reach globally.
Credibility Enhancement
Without import export certificate, your business will lack the credibility in the eyes of international partners and customers.
Foreign Investment Facilitation
Eases the process of receiving foreign investments or setting up joint ventures with international partners.
Data for Policy Making
Contributes to the government's trade data, potentially influencing policies that benefit businesses.
Customs Clearance
Facilitates smoother customs clearance for both imports and exports, reducing delays and associated costs.
Financial Transactions
IEC code registration is essential to open letters of credit and process international payments through banks.
Export Incentives
Qualifies businesses for various export promotion schemes and duty drawback benefits offered by the government.
No Renewal Required
Unlike many business licenses, the import export license is valid for a lifetime, requiring only updates when there are changes in business details.
Simplified Documentation
Streamlines documentation processes for international trade, saving time and resources.
IEC code registration opens venues of international trade in the global marketplace. If you want to take advantage of your business’s strategic location and robust infrastructure for international trade, our experts are here to help you take the first step.
DOCUMENTS CHECKLIST
Documents Required for IEC Registration in Delhi NCR
The import export license documents list can be long, depending on your business’s legal structure. For businesses in Delhi NCR seeking to apply for an import export license through IEC code registration, the following documents are typically required:
PAN Card: A copy of the individual's or business entity's Permanent Account Number card.
Proof of business establishment, such as a Certificate of Incorporation for private limited companies, Partnership Deed for LLPs, or Sales Tax Registration or Bank Statement for proprietorship.
Bank Certificate: A certificate from the business's bank, not older than six months, containing details like account number, name, and address.
Identity Proof: Aadhar Card, Voter ID, or Passport copy of the proprietor/partners/directors.
Director Identification Number (DIN): For company directors (if applicable).
Digital Signature Certificate (DSC): Of the authorized signatory.
Cancelled Cheque: Of the business's current account.
Registered Office Proof: Document of registered office ownership or rent agreement.
Importer Exporter Profile: A brief description of items to be imported or exported.
Additional documents may be required based on the specific nature of the business or trade. Finocircle’s IEC code registration services help you with the documentation requirements. We provide you with an import export license documents list based on your company structure and international trade requirements.
IEC Registration Process
Online IEC Registration Process in Eight Steps
Preparation:- Gather all required documents as listed in the previous section.
- Ensure you have a valid Digital Signature Certificate (DSC).
- Gather all required documents as listed in the previous section.
- Ensure you have a valid Digital Signature Certificate (DSC).
Online Application:
- Visit the official DGFT website.
- Register for the DGFT portal if you haven't already done so.
- Log in and navigate to the IEC application section.
- Visit the official DGFT website.
- Register for the DGFT portal if you haven't already done so.
- Log in and navigate to the IEC application section.
Form Filling:
- Select 'IEC Profile Management' under the 'Services' tab.
- Click the 'Apply for IEC' option on the notification page, and it will open.
- Fill in the online application form (ANF 2A) with accurate details.
- Ensure all mandatory fields are completed.
- Select 'IEC Profile Management' under the 'Services' tab.
- Click the 'Apply for IEC' option on the notification page, and it will open.
- Fill in the online application form (ANF 2A) with accurate details.
- Ensure all mandatory fields are completed.
Document Upload:
- Scan and upload all required documents in the specified format.
- Ensure the file sizes are within the prescribed limits.
- Scan and upload all required documents in the specified format.
- Ensure the file sizes are within the prescribed limits.
Digital Signature:
- Digitally sign the application using your DSC.
- Digitally sign the application using your DSC.
Fee Payment:
- Pay the application fee online through the payment gateway.
- Pay the application fee online through the payment gateway.
Application Submission:
- After successful payment, you will be redirected to the DGFT website.
- Download the payment receipt for future reference.
- After successful payment, you will be redirected to the DGFT website.
- Download the payment receipt for future reference.
IEC Issuance:
- If approved, the IEC is issued electronically and emailed.
- You can download the IEC certificate from the DGFT website.
- If approved, the IEC is issued electronically and emailed.
- You can download the IEC certificate from the DGFT website.
We understand that the IEC registration process seems straightforward, but businesses often face challenges due to compliances and specific regional requirements. This is where Finocircle’s expertise becomes crucial. Our IEC experts are familiar with the nuances of IEC code registration. We ensure a smooth and error-free IEC code application process for our clients.
A reliable IEC Code Registration Service
Why Finocircle for IEC Code Registration?
Choosing Finocircle for your IEC code registration offers numerous advantages. We are the preferred compliance partners for businesses in the Delhi NCR region because of the following:
✅Local Expertise: Our team has in-depth knowledge of the business landscape in Delhi, Noida, Gurugram, and Ghaziabad, ensuring tailored support.
✅End-to-End Assistance: We handle every aspect of the registration process, from initial consultation to final IEC issuance.
✅Document Management: We help you prepare and organize all necessary documents required for IEC code registration, reducing the chances of application rejection.
✅Compliance Assurance: We ensure your application adheres to all DGFT regulations for successful import export license registration.
✅Post-Registration Support: Our services extend beyond obtaining the IEC, offering guidance on effectively utilizing your import export license.
✅Digital Expertise: Our team is well-versed in the online application system, ensuring smooth navigation through the digital process.
✅Customized Guidance: Whether you’re a startup in Noida or an established exporter in Delhi, we tailor our services to your specific needs.
✅Ongoing Support: We offer assistance with IEC updates and any future modifications required.
By choosing Finocircle for your IEC code registration, you’re not just getting a service provider; you’re partnering with a compliance team that can help your business at every step. We ensure your journey toward obtaining an import export license becomes smooth and efficient, allowing you to focus on what matters most – growing your business in the global marketplace.
Frequently Asked Questions
What is an IEC number, and why do I need it?
An IEC (Import Export Code) number is a unique 10-digit number issued by the Director General of Foreign Trade (DGFT). It acts as an import export license for businesses that need to engage in import and export activities.
How long does it take to get an IEC code?
Typically, it takes 10-15 working days if all documents are in order. However, with Finocircle’s assistance, businesses in Delhi, Noida, Gurugram, and Ghaziabad can often expedite this process.
Is IEC registration mandatory for all businesses?
IEC registration is mandatory for all entities involved in import or export activities, except these:
- Persons undertaking import or export for personal reasons and not for trade
- Individuals or businesses engaging in import or export activities with Nepal or Myanmar are exempt from obtaining an IEC code, but only if their shipments are valued at ₹25,000 or less. This exemption applies specifically to trade conducted through designated Indo-Myanmar border areas and certain ports for trade with China (Namgaya Shipkila, Gunji, and Nathula).
- IEC requirements do not apply to the export of sensitive or strategic items specifically, as outlined in Appendix 3, Schedule 2 of the ITC (Indian Trade Classification), the export of materials, organisms, special chemicals, equipment, and technologies (collectively known as SCOMET items) always requires an IEC code.
- Departments and ministries operating at both the central and state government levels are not required to obtain an IEC code for their import or export activities.
Can a person have multiple IEC codes?
No, an individual or entity can have only one IEC. Multiple applications may lead to the rejection or cancellation of existing IECs.
Is a GST number required for IEC code registration?
While having a GSTIN is beneficial, it’s not mandatory for IEC registration. However, businesses in Delhi NCR are advised to have their GST registration in place.
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Unlock the potential of global trade with FinoCircle’s seamless IEC Code Registration service. Our expert team simplifies the complex process, guiding you through every step from documentation to application submission. With FinoCircle, your journey into international markets becomes not just possible, but effortless.
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