Our Best Services
Register Your
Import Export Code
Effortlessly
across India
An Import Export Code (IEC) is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. It is mandatory for businesses engaged in import and export activities to obtain an IEC.
At Future Tax, we specialize in assisting businesses in obtaining their Import Export Code (IEC) in India. Our expert services ensure a smooth and efficient registration process, enabling you to engage in international trade with confidence.
Import Export Code (IEC) registration is necessary in several common contexts, including:
Importing Goods: Businesses or individuals importing goods into a country need an IEC to clear customs and receive shipments from foreign suppliers.
Exporting Goods: Businesses exporting goods to international markets require an IEC to comply with export regulations and receive payments in foreign currency.
Availing Export Incentives: To avail benefits under various export promotion schemes, subsidies, or incentives provided by the government, an IEC is often a prerequisite.
Opening Bank Accounts: Banks may require an IEC to open accounts for businesses engaged in import-export activities, ensuring compliance with foreign exchange regulations.
Customs Clearance: IEC is essential for customs clearance procedures, facilitating smooth import and export operations while ensuring compliance with legal and regulatory frameworks.
Required
Documents
for Registration
Identity Proof of Directors:
PAN Card, Aadhaar Card
Address Proof:
Voter ID, Passport, Driving License
Bank Certificate
Certificate from the bank confirming the applicant's bank account.
Proprietorship Declaration
Declaration for proprietorship firms.
Steps for
Import Export Code (IEC) Registration
01.
Application Submission:
Prepare and submit an online or physical application for IEC registration to the Directorate General of Foreign Trade (DGFT) or the relevant authority in your country
02.
Documentation:
Gather and submit necessary documents along with the application, including identity proof, address proof, bank certificate or canceled cheque, and other required documents as specified by the authority.
03.
Payment of Fees:
Pay the required fee for IEC registration. Fees may vary depending on the jurisdiction and can usually be paid online through electronic funds transfer or demand draft.
04.
Verification and Processing:
Once the application and documents are submitted, the authority verifies the details and processes the application. This may involve scrutiny of documents and verification of information provided.
05.
Receipt of IEC:
Upon approval, the authority issues the Import Export Code. This code is a 10-digit alphanumeric number that serves as a unique identifier for the entity in import-export transactions.
How it
Works
Free Consultation
Contact us for a free consultation to discuss your needs and objectives.
Document Preparation
Provide necessary documents such as identity proof, address proof, and bank details.
Application Submission
We submit your IEC application along with the required documents to the DGFT.
Follow-up and Approval
We follow up with the DGFT and ensure timely approval of your IEC application.
Full Control
Enjoy complete control over your business decisions.
Tax Benefits
Benefit from personal tax rates as income is considered the owner's income.
Easy to Start
Minimal regulatory requirements make it easy to start.
Low Compliance
Fewer compliance requirements compared to other business structures.
Benefits Of
Import Export Code (IEC) Registration
1. Global Market Access
Expand your business reach by engaging in international trade.
2. Legal Compliance
Fulfill legal requirements for importing and exporting goods and services.
3. Access to Government Benefits
Avail various benefits and incentives offered by the government for exporters.
4. Bank Transactions
The company continues to exist regardless of changes in ownership.
5. Brand Recognition
Enhance your brand’s visibility in the global marketplace.
Additional Services
List of Our Services
PAN and TAN Application:
- Obtain your Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
Accounting and Bookkeeping:
- Keep your financial records in order with our expert services.
Compliance Services:
- Ensure your business complies with all legal requirements.
Trademark Registration:
- Protect your brand with trademark registration.
Contact Us
Drop Us a Line
Send us your messages and inquiries effortlessly through our contact form.
