28 Jul 2020, 09:30 — 4 min read
The first requisite when you start an import/ export business in India is to obtain an IEC (Import Export Code).
What is IEC?
Import export code is popularly known as IEC code, which is a 10-digit number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, Government of India to Indian companies that import or export. IEC is a mandatory requirement to import or export from India.
Import export code is popularly known as IEC code, which is a 10-digit number issued by the Directorate General of Foreign Trade (DGFT).
Benefits of Import Export Code (IEC)
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Documents required for IEC Code for Proprietorship:
Documents required for IEC Code for Partnership:
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Documents required for IEC Code for LLP / Government Undertaking/ Public Limited Company/ Private Limited Company/ Section 25 Company:
Timeline: 4-5 working days for all
Note: All documents should be signed and stamped by authorised person.
Also read: How to start an export business
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Posted byCS Navneet Dhiman
His Passion has been over the years to help inject techno-legal innovation and compliance strategy into Mylex Infotech Pvt Ltd. With the expertise in the compliance and legal...
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