In the present globalized world, international trade is more accessible than ever. However, before any individual or business in India is allowed to start importing or exporting services or goods, they have to first acquire the Export Code (IEC) or Import Export Code (IEC). The 10-digit IEC code, issued by the Directorate General of Foreign Trade (DGFT) acts as an enabling document that allows businesses to legally conduct trans-border commerce. Through platforms like XportLicence.com, this essential step has become quicker easier, more simple, and fully online.

What is IEC and Why Do You Need It?

It is the Import Export Code (IEC) is an unique identification number essential for any business that is involved in shipping or importing goods or services. Without an IEC the business cannot engage in international trade within India. The IEC is issued by DGFT and is valid for life and there is no renewal or a continuous requirement for compliance once you have registered.

No matter if you're an individual or a sole proprietor a business or an LLP, a trust, or an association, you are eligible to apply for an IEC. It's also required when you wish to enjoy advantages from various Foreign Trade Policy policies offered from the Government of India. In today's highly competitive market the possession of an IEC can lead to international expansion, a new revenue streams, as well as government incentives.

Who approves the IEC?

The IEC is issued by the Directorate General of Foreign Trade (DGFT), which operates underneath the Ministry of Commerce and Industry. The DGFT oversees regulatory and promotes trade with foreign countries in India and operates 24 regional offices across the country. Its headquarters is in New Delhi and is responsible for the formulation and implementation of policies for foreign trade in India, issuing permits, and checking the obligations of exporters.

Documents required for IEC Registration

In order to obtain Your Import Export Code, the following documents are necessary:

To begin, you'll need your PAN card. This could be the PAN for the individual applicant or the company. In addition, you'll require an authentic Aadhaar card or a Voter ID to establish your identity. A proof of address is required. It could be a copy of the property documents for property owners or a lease agreement in case the premises are rentable. A recent electricity bill is required to validate the address as operational. In addition, a self-declaration form is required. This allows delivery of the IEC certificate to your registered address.

These documents help to confirm your identity, where you live, and eligibility to register in order to import and export under Indian law.

How to Apply for an IEC using XportLicence.com

The process of applying for an IEC with XportLicence.com is a simple and effective process that is designed to make the process easy and enjoyable.

In the beginning, you need to fill the online application form at the site. You will be asked to provide basic information, such as name, business type, address, and PAN number. When the application is complete you'll upload all your documents including those of your PAN card Aadhaar card and the proof of address. After that, carefully examine your application apply for iec code to ensure there are no errors or missing information.

Once you have verified your identity, be required to pay an online secure payment. Once the payment has been completed, the expert team at XportLicence will approve your application. Following verification and approval from DGFT The IEC Certificate will be emailed to the email address you have registered.

The process usually is completed within a few working days and doesn't require you to go to a physical office.

What is the significance of the IEC Important for Your Business?

The IEC isn't just an obligation in law. It's also a strategy tool for growth. With an IEC in hand, businesses can easily adapt their operations towards international markets. It functions as an official identity to conduct international transactions. It's also required by banks to facilitate international payments.

Once you're registered there is no requirement for any annual maintenance or compliance examinations relating to the IEC. This means it's a one-time and long-term solution to your business's needs. Additionally, businesses with IEC registrations can avail a variety of advantages provided by DGFT, customs departments, as well as other government agencies. This includes subsidies taxes, tax breaks, and access to export promotion schemes.

What's the difference between IEC or Import License?

Although both the IEC as well as the Import License relate to trade operations, they are used for different reasons. The IEC is a requirement for any export or import operation in India and is applicable to the majority of goods and service. On the other hand the Import License is only required for restricted goods or items obtained from specific countries. Many businesses only require an IEC for trading.

To get an IEC, one must simply complete an online application as well as upload documents onto the IEC portal. While applying for an Import License involves filling out a separate document (ANF-2M) and may require manual submissions for certain instances.

Why choose XportLicence.com?

XportLicence.com is a trusted and ISO-certified portal that ensures IEC registration simple and easy. This platform was specifically created for traders who are new to the market, entrepreneurs with small businesses, startups and even big businesses that require fast and reliable services.

Different from generic portals XportLicence offers expert consultancy, ensuring your application is complete and compliant. You get access to real-time trackers, digital support and personal assistance throughout the entire process.

The platform is transparent and customer-centric, as well as secure. You also get help with registration of digital signatures, complaint filing and real-time monitoring of your complaints. XportLicence.com isn't just a site, but an essential part of your trade journey.

Services offered by XportLicence.com

The platform provides a wide range of solutions that take care of all aspects of import and export licensing. These include:

New IEC registration process for applicants who are first time

IEC Update and renewal support

Consulting services in Import-Export

Digital signature registration

Example IEC certificate access

Online filing of complaints and monitoring

Rapid customer support via the helpline and via email

The whole process is designed to be a seamless process that requires minimal documentation and no in-person visits.

What are our customers saying about us

Many of the users in India have expressed their satisfaction with the services offered by XportLicence. Clients have reported increased trade activity, improved access international markets and faster approvals. The service is often praised for being prompt, transparent, and professional.

One client from Chandigarh mentioned that their business was able to get four times more attention following their registration through XportLicence.com. The general feedback is favorable, indicating trust as well as the reliability of the services offered.

Frequently Asked Questions

What exactly is an IEC number?

It is an digit-code of 10 by DGFT which is required for exporters and importers within India.

What is the price for receiving an IEC?

Fees may vary. Contact support for current pricing.

Do you have to provide this information in the case of providers?

Yes, If the service you provide is exported and you are wishing to claim benefits under trade policy.

Could I sell without a IEC?

No The IEC is mandatory for all legal exports.

How long will it take to get IEC? IEC?

Typically the certificate is issued within a couple of working days after verification of the document.

Do you need to register for GST by exporters?

Yes, generally GST registration is mandatory for tax credits along with input credits.

What is the validity of IEC?

The IEC is good for a lifetime and does not require renewal.

Contact Information

If you require assistance, reach out for assistance between 10 am and 5 PM during the week, Monday through 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 that is not affiliated with any government entity. It serves as a facilitation platform to allow users to sign up and maintain their IEC requirements easily.

If you're hoping to break into the world market, start your journey with a trustworthy partner. Visit XportLicence.com today and take that initial step to expanding your business to the world.