Import Export Code (IEC Code)​

What is Import Export Code (IEC Code)?

The Importer-Exporter Code (IEC) is a key business identification number which is mandatory for exports or imports. No person shall make any import or export except under an IEC Number granted by the DGFT. In case of import or export of services or technology, the IEC shall be required only when the service or technology provider is taking benefits under the Foreign Trade Policy or is dealing with specified services or technologies.

Importance of Import Export Code (IEC) in India

• Legal Requirement: The IEC is a legal requirement for any individual or entity involved in import or export activities in India. It serves as a mandatory license issued by the government, ensuring compliance with laws and regulations governing international trade.

• Facilitates International Trade: The IEC acts as a unique identification number for businesses engaged in import and export. It is necessary for customs clearance and documentation purposes, facilitating smooth international trade transactions.

• Access to Government Benefits: Certain government schemes, incentives, and benefits are available exclusively to businesses with a valid IEC. This includes benefits under the Foreign Trade Policy and various export promotion schemes initiated by the government.

• Expansion of Business: Having an IEC enables businesses to explore opportunities in the global market. It allows them to establish partnerships with international suppliers, customers, and distributors, thus expanding their reach and market presence.

• Credibility and Trust: Possessing an IEC enhances the credibility of a business in the international market. It demonstrates that the business is legitimate and compliant with regulatory requirements, thereby instilling trust among foreign partners and customers.

• Compliance with Regulations: The IEC ensures that businesses adhere to the regulations and policies governing international trade, including customs duties, tariffs, and export control measures. This helps in avoiding legal complications and penalties associated with non-compliance.

• Ease of Transactions: With an IEC, businesses can conduct import and export transactions more efficiently. It streamlines the documentation process and expedites customs clearance, reducing administrative burdens and transactional delays.

Documents Required for IEC Code Registration

• PAN Card of applicant

• Certificate of incorporation (in case of company or LLP) or partnership deed (in case of partnership firm)

• Copy of cancelled cheque or one page of bank statement

• Address proof of business

• KYC of authorized signatory

• Digital Signature Certificate (DSC): No DSC required if Aadhaar holder can verify application with OTP received on mobile number registered in UIDAI website.

Why Choose Us?

• Expert Assistance: Personalized support for your import-export needs.

• Efficient Process: We manage the entire application process for you.

• Global Reach: Open up new markets with ease and confidence.