Import Export Code
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Import Export Code (IEC)

Import Export Code (IEC) is a ten digit code issued by the Director General of Foreign Trade (DGFT) and is a prerequisite for businesses that deal in imports and exports in India. IEC is required while clearing customs when goods are imported into the country. Similarly, exporters have to mention their IEC while exporting goods outside the country.

Why should you get Import Export Code?

You can enjoy several advantages of getting an Import Export Code, including:

Access to Govt. schemes: Various schemes like Merchandise Export from India Scheme (MEIS), Service Export from India Scheme (SEIS) etc. are available for the benefit of the IEC registered businesses.
International business: Entrepreneurs holding a valid IEC have the opportunity to expand beyond the borders of our country to global and international markets, thereby promoting growth and international trade.
No compliance: An IEC registration doesn’t require the filing of any returns, thus there is no cost of maintenance post receipt of the code.
Online process: IEC registration can be obtained online. The process is fairly simple and ensures compliance without much hassle.
Facilitation of trade: IEC enables businesses to engage in international trade, by providing them with the necessary documentation and clearance required for imports and exports.
Increased credibility: IEC registration is proof of a business being compliant with import and export regulations in India, which can increase its credibility in the eyes of foreign trading partners.
Improved market access: IEC allows businesses to import and export goods and services to different countries, without the need for separate registration in each country.
Better record-keeping: IEC requires businesses to maintain detailed records of their imports and exports, which can help in managing and growing the business.
Tax benefits: IEC registration also allows businesses to claim certain tax benefits such as Duty Drawback, Advance Authorisation, and DEPB (Duty Entitlement Passbook Scheme).

What are the documents required?

Without valid documentation, an IEC application cannot be filed. The documents that the Director General of Foreign Trade (DGFT) accepts for IEC registration are listed below:

PAN card of the applicant

Aadhaar card of the applicant

Certificate of incorporation

Latest Electricity bill

MOA & AOA/ LLP agreement

Please Note: All the scanned documents must be clear & the text in the documents must be legible.

How it works

Consultation

Schedule a free consultation call with our experts to discuss your needs and goals. Our team will provide personalized advice to choose from different type of trademark applications and services for your specific requirements

Documentation

We help you gather, prepare, and verify all necessary documents. Our comprehensive checklist and expert guidance ensure that your paperwork is complete and accurate, reducing delays and complications.

Processing

Once your documents are ready, we handle the entire registration process. Our team keeps you informed with regular updates, ensuring a smooth, stress free and transparent experience from start to finish.

Completion

Achieve Milestones Effortlessly as you receive your Registration Certificate of Copyright and other documents promptly. Our full support ensures you’re ready to start and get your copyright registered successfully.

Ongoing Support

Stay compliant and stay confident with Let's Start by your side. Our comprehensive corporate compliance services ensure your business adheres to all legal requirements, allowing you to focus on growth and success.

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KR Aerospace Systems Private Limited

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Frequently Asked Questions (FAQs)

What is a DIN?

DIN is an eight digit unique Director Identification Number, with a life time validity, allotted by the Central Government to any person intending to be a Director or an existing Director of a Company.
What is a DSC?

A Digital Signature Certificate (DSC) is the digital equivalent (electronic format) of physical or paper certificate. Digital signatures provide the highest levels of assurance about the signer's identity and the authenticity of the documents they sign.
Is a Company required to re-register in the future?

No, a Company is not required to be re-registered. A Company has perpetual succession, which means it enjoys continuous existence as long as the Company complies with the statutory and regulatory filings.
Can a home address be used as the registered office address of the Company? Is it possible to change the address after incorporation?

Yes, a home address can be used as the registered office address of the Company, which can also be changed after incorporation.
What is ROC?

The Registrar of Companies (ROC) is an office under the Ministry of Corporate Affairs (MCA), which is the body that deals with the administration of Companies and Limited Liability Partnerships in India.
Are the Directors or Shareholders required to visit the ROC for the incorporation of their Company?

The entire incorporation process is completed online. The incorporation documents are filed electronically and don’t require the Directors or Shareholders to visit the ROC physically.
Are their any rules to choose the Company name?

There are certain naming guidelines put in place by the Registrar of Companies, which are required to be followed. Abiding by the guidelines ensures easy approval of the name.
Can I work in a company as a salaried employee and also be the Director of my own Company?

Yes, an employee of a Company can also be a Director in another company. However, the terms of the employment/service agreement/appointment letter have to be checked to ensure there are no restricting clauses.
What is the minimum capital requirement for incorporating a Company and how is it invested in the business?

There is no specific minimum capital requirement for incorporating a Company. The capital must be deposited by the Shareholders in the bank account of the Company for running the business.
Can NRIs or foreign nationals incorporate a Company in India?

Yes, NRIs or foreign nationals can incorporate a Company in India. However, the Act requires at least one of the Directors to be an Indian Resident.
What is the meaning of limited liability?

Limited liability is a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their Company’s debts or financial losses. It is the condition by which shareholders are legally responsible for the debts of a Company only to the extent of the nominal value of their shares.

Import Export Code @ ₹3,999*