Import Export Code

INR 2899 All Inclusive

IE Code Registration

  • Import Export Code
INR 2899 All Inclusive

ICE Gate Registration

  • ICE GATE Registration

Importer Exporter Code (IEC Code) Registration Online

Expanding your business internationally is a strategic move that can unlock numerous growth opportunities. Whether you’re planning to import goods or export your products globally, the first essential step is to obtain an Importer Exporter Code (IEC). This unique code is issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and is mandatory for businesses engaging in international trade. The IEC facilitates customs clearance for imports and helps streamline payments to foreign banks, ensuring smooth and efficient cross-border transactions. Similarly, exporters depend on the IEC to ease the process of shipping goods and receiving payments from overseas clients.

At Allycon, we simplify the process of IEC registration, offering businesses seamless access to international markets. Our services help you acquire the necessary IEC certificate and import-export license, ensuring you are fully equipped to explore global opportunities.

Import Export Code (IE Code)

An Import Export Code is a 10-digit unique identifier issued by the DGFT, and it is a prerequisite for any business intending to engage in the import or export of goods and services in India. The IEC registration certificate is a mandatory requirement for any entity involved in global trade. Before initiating imports, businesses must have GST registration and an IEC number to clear customs.

Without an IEC and GST registration, businesses risk having their goods held at the port, which could result in delays, fines, and even the destruction of the merchandise.

Importance of Import Export Code

The IEC opens doors to international markets, providing businesses the opportunity to expand their global reach. Below are the main advantages of acquiring an IEC:
  1. Global Market Access: The IEC allows businesses to tap into the international marketplace, facilitating the smooth import and export of goods and services.

  2. Simple Online Registration: The registration process is entirely online, and with the support of Allycon, the process is made hassle-free.

  3. Minimal Documentation: The paperwork required for obtaining an IEC is minimal, making it an easy process for businesses.

  4. Lifetime Validity: Once obtained, the IEC remains valid for a lifetime, meaning there’s no need for renewal or frequent updates.

  5. Prevention of Illegal Trade: The stringent registration requirements ensure that only authentic businesses can engage in international trade, reducing the likelihood of illegal goods transportation.

  6. Access to Government Benefits: Businesses registered under IEC can avail of government subsidies and other benefits, especially through customs and export promotion councils. Exporters can also claim tax refunds under GST through LUT filings.

  7. No Annual Compliance: Unlike other registrations such as GST or PF, IEC holders are not required to file annual returns or comply with specific filing requirements, making it a low-maintenance registration.

Validity of IEC Code

The IEC code, once issued, is valid for a lifetime. There is no need for periodic renewals, and the registration remains active as long as the business exists. Additionally, businesses with an IEC do not need to file annual compliance reports or fulfill any other maintenance requirements.

Nature of the Firm obtaining an IEC

Businesses of various types are eligible to apply for an Import Export Code, including:

  • Proprietorship Firms
  • Partnership Firms
  • Limited Liability Partnerships (LLP)
  • Private and Public Limited Companies
  • Trusts
  • Hindu Undivided Families (HUF)
  • Societies

Pre-Requisites for Applying for Import Export Code Registration

Before applying for an IEC, businesses must meet certain criteria:

  • Valid Login Credentials: Registration on the DGFT portal is required.
  • Firm Details: The applicant must have an active Permanent Account Number (PAN) for the business and a valid bank account in the name of the firm.
  • Address Proof: Documents such as a lease agreement, sale deed, or electricity bill must be submitted to verify the business address.

Documents required for IEC Code registration

To apply for an IEC, businesses need to submit the following documents:

  1. Proof of Establishment/Registration: Depending on the type of business (partnership, LLP, trust, etc.), different forms of establishment certificates may be required.
  2. Proof of Address: Valid documents such as a rent agreement, electricity bill, or landline bill are needed to verify the business address. If the business address is not under the firm’s name, a No Objection Certificate (NOC) from the property owner must be submitted.
  3. Bank Account Proof: Canceled cheques or bank certificates are required to validate the business bank account.

The IEC Registration Process with Allycon

At Allycon, we streamline the IEC registration process by offering comprehensive assistance from start to finish. Our services include:

  1. Information and Guidance: We provide clear information on the IEC application process, including eligibility and documentation requirements.
  2. Document Preparation: Our experts assist you in gathering and preparing the necessary documents for submission.
  3. Application Submission: We handle the online submission of your application to the DGFT on your behalf, ensuring accuracy and timely processing.
  4. Application Tracking and Follow-Up: Allycon monitors your application status and follows up with the authorities to address any issues that may arise during the process.
  5. IEC Certificate Delivery: Once approved, we will help you obtain and deliver your IEC certificate.
  6. Expert Consultation: Our professionals offer tailored advice on international trade, addressing any concerns you may have about IEC or global business operations.

With Allycon, your IEC registration is in expert hands, allowing you to focus on growing your business internationally while we manage the complexities of the registration process.

Related Business Registrations

In addition to registration or incorporation, a business may require other registrations depending on the business activity undertaken. Talk to an Advisor to find out registrations your business may require post registration.