IEC Registration
IEC Registration
Market Price : Rs. 10,000
Offer Price : Rs. 7,000
Discount : Rs. 3,000 (30%)
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What is a IECĀ ?
An Export Import Code (EIC or IEC) is a unique identification code that is required by businesses or individuals engaged in import and export activities in many countries. In India, for example, the Directorate General of Foreign Trade (DGFT) issues this 10-digit code. The IEC is mandatory for all businesses that wish to engage in the export or import of goods and services.
Salient Features of a IEC
Unique Identification: The IEC is a unique 10-digit code that identifies a business involved in international trade.
Mandatory for Trade: It is compulsory for any individual or company wishing to import or export goods or services. Without this code, engaging in international trade is not possible.
Single Code: Only one IEC can be issued against a single PAN (Permanent Account Number). If a company has multiple branches or units, they will all operate under the same IEC.
No Renewal Required: Once issued, the IEC is valid for the lifetime of the entity and does not require renewal.
No Need for Export/Import Transactions: There are no restrictions on the number of import/export transactions for an entity with an IEC.
Corporate Verdict: Your Partner in IEC Registration
Corporate Verdict is a team of experienced professionals dedicated to assisting entrepreneurs in establishing Public Limited Companies (PLCs) effectively and affordably. We understand the complexities of the registration process and ensure a seamless experience for our clients. Our services include:
Expert Consultation: Providing detailed guidance on the feasibility and benefits of forming an Public Limited Company.
Documentation Assistance: Assisting in the preparation and filing of necessary documents.
Compliance Support: Ensuring your Public Limited Company meets all regulatory requirements.
Affordable Services: Offering cost-effective solutions without compromising on quality.
Procedure of Registration of IEC
Application Submission: The application for IEC is submitted online through the DGFT website along with the necessary documents and fee.
Application Verification: The DGFT verifies the application and documents. If everything is in order, the IEC is issued.
Issuance of IEC: Once the application is approved, the IEC is issued and can be downloaded from the DGFT websit.
Advantages of IEC
International Market Reach: With an IEC, businesses can expand their operations to international markets, increasing their market reach and potential revenue.
Ease of Compliance: Having an IEC simplifies compliance with customs, DGFT, and other government bodies.
Government Benefits: Businesses with an IEC can avail themselves of various benefits and subsidies provided by the government to promote exports.
No Filing Requirements: Unlike other tax registrations, an IEC does not require periodic filings. It is a one-time registration process with no need for renewal.
Global Recognition: IEC provides global recognition to the business as it is mandatory for export and import operations, establishing credibility
By choosing Corporate Verdict, you can rest assured that your IEC registration will be handled efficiently, allowing you to focus on growing your business.
For more information or to start the registration process, visit our website or contact our team today!
Have any Questions?
If you have any questions about the IEC Registration, feel free to contact us.