Import-Export Code

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Import-Export Code (IEC)

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Benefits of IEC

Overview and Benefits of IEC Code Registration for Import/Export Businesses in India

  • Import Export Code (IEC) is a 10-digit unique code that is mandatory for all import/export business owners in India. The Director-General of Foreign Trade (DGFT), Ministry of Commerce issues the IEC code, and there is no requirement for filing or renewal. The IEC number is essential for importers to clear customs and shipment and transfer money to foreign banks. Similarly, exporters require their IEC code to send shipments and receive money from foreign banks. In summary, no importer/exporter can operate in India without obtaining the IEC number.

Benefits of IEC Code

  1. IEC registration helps traders, including online e-commerce operators, venture into the global market.
  2. Businesses can avail government schemes like the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others from customs and export promotion.
  3. No compliance requirements post-registration, making business maintenance relatively simple.
  4. The process of obtaining IEC Code is not tedious and can be obtained with minimal, basic documents.

Nature of the Firm Obtaining an IEC

  • Any individual, company, partnership firm, Limited Liability Partnership (LLP), or other types of entities engaged in import or export activities can obtain an IEC. Whether you are an exporter or importer, having an IEC is mandatory for all such transactions. Even if a business is not actively engaged in import or export activities, but it plans to do so in the future, it still needs to obtain an IEC beforehand.

Prerequisites for Applying for IEC

To apply for IEC, the following prerequisites are required:

  1. A valid Permanent Account Number (PAN) card issued by the Income Tax Department of India.
  2. The applicant must have a bank account in the name of the firm or individual as IEC is issued in the name of the applicant.
  3. The business entity should be registered under the Registrar of Companies (ROC).
  4. The applicant needs to submit relevant documents such as identity proof, address proof, and details of the business entity to the DGFT office.


  • Any business engaged in import and export activities in India can register for an IEC license, regardless of its size or type of registration (sole proprietorship, partnership, private limited company, or charitable organization). However, an IEC Number is not required for the import/export of goods for personal use, that are not connected with trade, manufacture, or agriculture. No business set up is required to apply for an IEC license.

Import Export Code (IEC) registration in India is a straightforward process that can be completed online. Follow the steps below to register for an IEC license: 

  1. Visit the official website of the Directorate General of Foreign Trade (DGFT), which is responsible for IEC registration in India.
  2. If you are a new user, create a new account by clicking on the ‘Register’ button and providing your basic information such as name, email address, and phone number.
  3. Once you have registered, log in to the DGFT website using your registered email ID and password.
  4. Click on the ‘Online IEC Application’ button on the homepage to access the IEC application form.
  5. Fill out the IEC application form with the required details, including the name and address of the individual or firm, PAN number, bank account details, and contact information.
  6. Upload the necessary documentation, such as the PAN card of the company (or the applicant’s PAN and Aadhaar card if applicable), incorporation certificate/partnership deed, address proof, and a copy of the cancelled cheque leaf or banker certificate of the current account in the company’s name. 
  7. Pay the IEC application fee online using internet banking, debit card, or credit card.
  8. Review the application and click on the ‘Submit’ button to complete the registration process.
  9. Once you have submitted the application, you can track the status of your application online. You will receive an IEC certificate on your registered email ID once the IEC is issued.

Why Start-Up Kro?

  • Had a bad experience with an online retailer and would like to make a complaint? Then, Start-Up Kro is a your Personal Start-up Accelerator. You can schedule a consultation with our team of experts to guide you through the process and provide support in resolving any issues you may be facing. Our legal experts can serve as your advocate and assist you in taking the necessary actions to resolve the matter if you have been unable to do so on your own. This includes sending a legal notice and initiating any required actions with precision and accuracy.

from IEC

Exemptions from Import Export Code (IEC) Requirements in India

Certain persons or entities in India may be exempt from obtaining an import-export Export Code for their import and export activities. Here are the details of the IEC exemptions: It is important to note that importers and exporters who do not fall under any of the above categories must obtain an IEC to conduct import and export activities in India.

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Monalisa MaharanaMonalisa Maharana
12:25 13 Jan 24
Engaging with the StartUpKro team for Private Limited Company Registration was a positive experience overall. Their professionalism and expertise in the registration process were evident, making the entire journey efficient and manageable. One notable highlight was the CodifyPlus Dashboard, a user-friendly tool that allowed me to easily track the progress of my services. The transparency and convenience it provided were certainly appreciated.
Kunal SainiKunal Saini
08:07 13 Jan 24
Choosing STARTUPKRO for trademark registration was a wise decision. Their team's expertise in intellectual property matters is evident, and they handled my trademark application with precision. What stood out to me was their commitment to timeliness – they ensured that my registration process moved swiftly without compromising on the quality of service. I appreciate the personalized attention and the way they navigated the complexities of trademark law on my behalf. I'm confident in recommending STARTUPKRO for anyone in need of trademark registration services.
Prerna DasPrerna Das
07:58 13 Jan 24
STARTUPKRO provided me with invaluable guidance during the trademark registration process. Their team not only assisted in the paperwork but also offered strategic advice to enhance the strength of my brand protection. The proactive approach, coupled with a thorough understanding of intellectual property nuances, made me feel confident in their services. If you're looking for a partner who goes beyond the basics and truly cares about your brand's legal standing, I highly recommend STARTUPKRO for trademark registration services.
07:48 13 Jan 24
I recently engaged STARTUPKRO for trademark registration services, and I couldn't be happier with the experience. Their team guided me through the entire process with utmost professionalism and efficiency. They demonstrated a deep understanding of intellectual property laws, ensuring that my brand is now securely protected. The clear communication and attention to detail made the entire trademark registration process smooth and stress-free. I highly recommend STARTUPKRO for anyone seeking reliable and expert trademark services.
Rahul Chhonkar13Rahul Chhonkar13
07:44 13 Jan 24
I appreciate their commitment to delivering tailored solutions and their prompt responsiveness to any queries. If you're looking for a reliable partner to enhance your business growth, I highly recommend STARTUPKRO.
anshu bhutanianshu bhutani
07:40 13 Jan 24
I recently engaged with the StartUpKro team for Private Limited Company Registration, and the experience surpassed my expectations. From the initial consultation to the final documentation, StartUpKro displayed a remarkable level of professionalism and expertise. The team's deep understanding of company registration requirements and compliance procedures ensured a smooth and efficient process. They were not just service providers but strategic partners, offering valuable insights to help structure my company optimally. The StartUpKro team's commitment to detail, timeliness, and client satisfaction makes them my top choice for any future business registration needs. Highly recommended!

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