Who all are Exempt from Taking Import Export Code (IEC)?

By Agam Gupta July 8, 2016

This article explains who all are exempt from taking Import Export Code.

What is Import Export Code (IEC)?

By Paras Mehra July 1, 2016

IEC code or Import export code is a license used for import and export business. This is the first and the foremost requirement for import export business. The process of filing the IEC code is 100% online.

What are the documents required for import export code? - Partnerships, LLP, Private limited Company, Sole proprietorship, Individuals

By Paras Mehra July 1, 2016

There are only four documents required for import export code registration. PAN card, ID proof, Photo and copy of cancelled cheque. Import export registration is required if any person wants to deal in import export business

What are the compliances relating to IEC code?

By Paras Mehra July 1, 2016

There are no compliances prescribed with IEC registration. Further, IEC once applied, is valid for lifetime without any return filing or other formality. Hence, if you have applied IEC, then you don't have to worry about compliances.

How do I get an import/export license in India to do business with China or any other country?

By Paras Mehra July 1, 2016

Import export license or IEC code is the first step towards the business of import or export with China or any other country. There is no difference in export or import procedure while dealing with any country including China, USA, and Dubai etc.

Do you need to be a company to get a license to export from India?

By Paras Mehra July 1, 2016

No, company is not required to get the IEC registration in India. It is not mandatory to be a private limited company to apply for import export business. IEC code can be applied by any form of business including partnership firm, proprietorship, OPC etc.

How can a sole proprietor (individual) in India get an IEC (Import Export Code)?

By Paras Mehra July 1, 2016

The process of registering IEC code for proprietorship (individual) in India is the easiest way of starting the import export business. Sole proprietorship is the easiest form to create. Anyone can form a sole proprietorship and get an IEC code in India.

What are some things that are frequently overlooked by newcomers to the import/export business? - Important Points under Export Procedure

By Paras Mehra July 1, 2016

There are some important points that must not be ignored if you are a starting an import export business. There are many registration other than IEC code, i.e. RCMC registration, getting A.D. code from RBI or hiring a Custom Housing Agent