An Import Export Code (IEC) is a unique 10-digit code required for every importer and exporter in India. Issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce, this code enables businesses to engage in import and export activities. The IEC is a vital requirement for customs clearance, international transactions, and remittances, ensuring smooth business operations in the global marketplace.
Importers need the IEC to clear customs, ship goods, and transfer funds to foreign banks, while exporters use the IEC to send shipments and receive payments from international clients.
At Shiromani Associates, we assist businesses in obtaining their IEC code, ensuring a seamless process that enables your business to expand its international reach.
Step 1: Gather Required Documents
To initiate the IEC registration process, ensure you have the following documents ready:
PAN Card of the company or proprietor (if applicable).
PAN and Aadhaar Card of the applicant (alternatively, a government-issued photo ID such as a passport, voter ID, or driving license).
Incorporation Certificate or Partnership Deed (as applicable).
Proof of Business Address (electricity bill, rent agreement, or sale deed).
Canceled Cheque Leaf or Banker’s Certificate from the company's current account.
Step 2: Filing the IEC Application
Once you have all the required documents, the IEC application is filed online with the Directorate General of Foreign Trade (DGFT). The application form must be completed accurately to avoid delays or complications in the approval process.
Step 3: Verification and Issuance
Upon submission, the DGFT will verify the documents and application. After successful verification, the IEC code will be issued to the applicant or entity as a soft copy. The IEC is granted instantly in most cases, and you can begin your import/export activities immediately.
To ensure a smooth registration process, the following documents are essential:
PAN Card of the company (in the case of a company or LLP; not required for proprietors).
Aadhaar Card and PAN Card of the applicant.
Incorporation Certificate or Partnership Deed, depending on the entity type.
Proof of Registered Office Address (e.g., electricity bill, rent agreement, sale deed).
Canceled Cheque or Bank Certificate for the company's current account.
Expert Guidance: Our team at Shiromani Associates will guide you through every step of the IEC registration process, ensuring compliance with all legal requirements.
Efficient Process: With our expertise, you can expect a hassle-free application and timely issuance of the IEC code.
Cost-Effective Solutions: We offer transparent and competitive pricing for IEC registration services.
Ongoing Support: We continue to offer assistance post-registration for any future compliance needs related to import-export activities.