Import & Export Business In 10 days.
From Anywhere.At a Single Click

  • Import Export Company Registration
  • Import Export Code Registration
  • Import Export proprietary Firm Registration
  • ICGATE Registration
  • Business Setup
  • Buyers
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Import & Export Business

Exports strengthen a country's economic, wealth of a nation increase with earning in Foreign Exchange. Globalization exponentially increase the GDP of a country. Exports bring in opportunities for infrastructure development and invited foreign Direct Investment. Exports bring in more profits with minimizing seasonal sales. Mission is for the Economic Growth of a Country. Mission is for one's person growth and prosperity. Mission is for society's growth into better living.

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Services We Offer

  1. Import Export Company Registration
  2. Import Export Code Registration
  3. Import Export Proprietry Firm Registration
  4. ICGATE registration
  5. Business Setup
  6. Buyers

Online procedure for Obtaining Import Export IEC Code

  1. Step 1:

    You have to submit a duly filled application form online at the DGFT official Website along with the documents required. These documents should be in pdf format only.

  2. Step 2:You should have scanned copy of the following in gif format which should not exceed 300 KB:

    1. PAN (both sides)

    2. applicant Photograph

    3. Bank Certificate

  3. Step 3: Exporter must have a Net banking account with one of the following banks

    1. HDFC BANK
    7. IDBI

  4. Step 4:

    You have to go to DGFT Website and Click on “IEC Online Application”.

  5. Step 5:

    You then have to enter your PAN number. So as to create new IEC application select ‘Create’ from ‘File’ menu.

  6. Step 6:

    It will then display new ‘ECOM Reference No.

  7. Step 7:

    you then have to fill in your details like name and designation of the applicant, address, pin code, phone no, email address, Date of Establishment, PAN date, PAN Issuing authority, Banker Name, Bank Account Number.

  8. Step 8:

    You will have to make a payment of Rs.250 through online fund transfer from the selected banks.

  9. Step 9:

    It is mandatory for all applicants to upload the documents based on your entity e.g. company, sole proprietor, partnership etc, PAN card, Photograph and bank certificate.

  10. Step 10:

    The documents required are complete and submitted to DGFT you will get your IEC in one or 2 weeks.

  11. Step 11:

    If one wants to modify IEC then if an application for modification or amendment is made within 90 days then no fee is payable but if after 90 days then payment of Rs. 1000 has to be made in form of demand draft to concerned regional authority. So above are the Online and Offline Procedure to obtain the Import Export Code. Hope this article helpful for you regarding apply for the Import Export Code. if you need any professional Import Export Code Service then place a request on MyOnlineCA and Get done IEC Code at fingerTips

Types of Import/Export Businesses

  1. Export management company (EMC):

    An EMC handles export operations for a domestic company that wants to sell its product overseas but doesn't know how (and perhaps doesn't want to know how). The EMC does it all -- hiring dealers, invoicing customers, distributors and representatives; handling advertising, marketing and promotions; overseeing marking and packaging; arranging shipping; and sometimes arranging financing or contracting out for a developing a credit card app. In some cases, the EMC even takes title to the goods, in essence becoming its own distributor. EMCs usually specialize by product, foreign market or both, and--unless they've taken title--are paid by commission, salary or retainer plus commission.

  2. Export trading company (ETC):

    While an EMC has merchandise to sell and is using its energies to seek out buyers, an ETC attacks the other side of the trading coin. It identifies what foreign buyers want to spend their money on and then hunts down domestic sources willing to export. An ETC sometimes takes title to the goods and sometimes works on a commission basis.

  3. Import/export merchant:

    This international entrepreneur is a sort of free agent. He has no specific client base, and he doesn't specialize in any one industry or line of products. Instead, he purchases goods directly from a domestic or foreign manufacturer and then packs, ships and resells the goods on his own. This means, of course, that unlike the EMC, he assumes all the risks (as well as all the profits).

Frequently Asked Questions

It is 10 digit Unique Code issued by the Directorate general of foreign trade of commerce and industries ministry of the government of India.

You can get the IEC code registration within one week from the date of filing application.

IEC code is one- time license and valid for lifetime.

No, DSC is not required to obtain IEC Registration.

No, you will only get the soft copy of IEC certificate over the mail.

No, there are no filing of returns is required under IEC Code.

Any kind of business can apply for Import-Export Code Registration who into export and import activities.

No, the penalty is imposed on for not taking IEC Registration but you will be left out from the benefits.

IEC means Import Export Code. The 10 digits unique number is your IEC code number.

No, there are no such compliances required after taking the IEC. Once issued by the DGFT it is valid for a lifetime period. IEC is a compliance free license.