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An Importer -Exporter Code (IEC) is a 10-digit key business identification number which mandatory for export from India or Import to India. This code is allotted by Directorate General of Foreign Trade (DGFT) to the applicants. No export or import shall be made by any person without obtaining an IEC unless specifically exempted
IEC registration is completely online and has a lifetime validity. We help you obtain IEC within 2 working days with our simplified process.
BENEFITS OF OBTAINING IMPORT EXPORT CODE (IEC) REGISTRATION:
UNLOCK INTERNATIONAL MARKETS
Obtaining an IEC opens opportunities of establishing global presence to your business. Additionally, it helps register with global online marketplaces like Amazon, Alibaba, etc.
CLAIM EXPORT BENEFITS
The government of India, offers numerous export incentives to both product and service exporters. These export incentives are majorly in the form of refunds of the taxes already paid for manufacturing/sourcing the export product. IEC is a mandatory requirement for claiming these export incentives.
COMPLIANCE FREE AND MAINTENANCE FREE
IEC once issued, is issued for lifetime. There is no requirement for renewal. It has no compliance requirements and no need to file periodical returns. Additionally, as there is no legal compliance prescribed it is free from any annual maintenance fee.
RESTRICTS THE DEALING IN ILLEGAL GOODS
An authentic and accurate information is required to obtain an IEC Registration. IEC registration cannot be issued by the department without providing full authentic information which, as a result, restricts the illegal dealing of goods.