Register Import export code
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Transcript of Register Import export code
Import Export CodeStarting and registering a business is an important step in an entrepreneur’s
journey and choosing the right form of business is equally important. Here, we
will guide you on IEC registration that is how you can apply for import export
code through LegalRaasta, what are its benefits, what are the documents
required for the same.
What is IEC ?
IEC is known as many names like importer exporter code, import
export code, import export license, import export number which
comes under the foreign trade act, 1992. It is a 10 digit code which is
provided by DGFT. Therefore, IEC is compulsorily required for import or
export of any goods in and out of India. You can take IEC code in
personal name and company name also. Any legitimate person or
company starting a deal for International trade need IEC. -An IEC
number issued to applicant shall be valid for all its divisions/ units/
factories/ branches. IEC is valid for lifetime and there is no need to
renew the same.
Benefits of Import Export code
On the basis of IEC, companies or firms can achieve profit on
their exports/ imports from DGFT, Customs and export promotion
council.
IEC is necessary to import or export, without importer/exporter
code no import or export shall be made by any person or entity.
Taking your services or products to the international market will
enlarge your businesses.
IEC registration process?
An application must be made in the (ANF 2A) i.e. Aayaat Niryaat Form 2A format to the
regional department of the DGFT in that region where the registered office of the company
is established.
The DGFT has arranged online filing facility for obtaining IEC.
Details of the business and its proprietors, directors or partners, bank account details and a
bank certificate are the basic requirements of ANF 2A.
The most important thing is to be kept in mind that the Permanent Account Number (PAN)
is mandatory for grant of an IEC.
Only one IEC can be allotted against a single PAN.
The IEC must be valid for all the factories or branches of the Importer/Exporter.
Applications which are complete in all respects are generally disposed of within 2-3 days.
Documents required for IEC
• For Proprietorship
Personal PAN Card
Residential address, Phone number, Pin code, Father’s Name
There is no requirement for Memorandum or Articles of association.
Statement of any National/ International Bank.
Bank certificate as per attached Annexure.
4 Passport size photos
2 Company’s Letter head
Phone number and email ID
Date of formation of company as per PAN card
•For Partnership
Company’s PAN Card
Residential address, Pin code and Phone number on letter
head
Partnership deed- duly notarized, copy duly self-certified.
Statement of any National/ International Bank.
Bank certificate as per attached Annexure.
4 Passport size photographs with any one of signing authority
2 Company’s Letter head
Phone number and email ID
Date of formation of company as per Deed agreement
•For Private Ltd./ Ltd.
Company’s PAN Card
List of directors with residential address, Pin code and phone number
on letter head
Memorandum and articles of association
Statement of any National/ International Bank
Bank certificate as per attached Annexure
4 Passport size photographs (any one of signing authority with mobile
number)
2 Company’s Letter head
Phone number and email I
Date of formation of company as registrar of companies
How to apply IEC using LegalRaasta?
We at LegalRaasta have helped over thousand companies in IEC
registration. To get your import export code from us, you can
To simplify your life, you can get your IEC code sitting at home all
you need to do is, go to our website www.legalraasta.com and
select Import export code.
Fill our online questionnaire.
Select your package. You can choose for additional services like
ISO and MSME registration and pay accordingly.
We will take care of the rest.
Hope this was helpful. Thanks.