STARTUP RECOGNITION & LICENSES
Import Export Code (IEC)
Start your import-export business legally and trade internationally with confidence. Get professional assistance for your IEC registration.
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Overview
An Import Export Code (IEC) is a mandatory registration required for individuals or businesses to start international trade in India. Issued by the Directorate General of Foreign Trade (DGFT), it enables import and export operations legally. IncorpSarthi provides a seamless IEC registration process — from application to approval — ensuring your business can trade globally without any legal hurdles.
Key Features
- Mandatory registration for all importers and exporters in India.
- Unique 10-digit IEC number issued by DGFT.
- Valid for lifetime without the need for renewal.
- Required for opening a current bank account for trade transactions.
- Can be obtained by individuals, partnerships, LLPs, or companies.
Benefits of IEC Registration
- Legally enables import and export operations in India.
- Improves credibility with international clients and suppliers.
- Required to receive payments from foreign buyers.
- Simplifies customs clearance and shipping processes.
- Helps in availing export incentives from the government.
Requirements for IEC Registration
- Pan Card of the applicant (individual or business entity).
- Bank account details with a cancelled cheque.
- Business address proof (rent agreement, utility bill, or ownership proof).
- Digital signature certificate (DSC) for company or LLP applicants.
- Valid email ID and phone number for communication.
Steps for IEC Registration
- Obtain PAN and bank account for the applicant entity.
- Apply for IEC through DGFT online portal.
- Upload necessary documents and complete the application form.
- Pay the applicable DGFT registration fees.
- Receive IEC digital certificate via email.
- Use IEC number for all import-export transactions.
Post Registration Compliance
After obtaining IEC, businesses should ensure:
- Use IEC for all customs, import, and export filings.
- Update any changes in business details with DGFT.
- Maintain proper records of imports and exports for audit purposes.
- Comply with FEMA and RBI regulations related to international trade.
- Ensure timely renewal of linked bank accounts and licenses.
Learn more
Frequently Asked Questions
An IEC is a 10-digit unique code issued by the Directorate General of Foreign Trade (DGFT) that allows a business to import or export goods and services legally from India.
Any individual, partnership, company, LLP, or proprietorship engaged in importing or exporting goods and services in India must obtain an IEC.
You can apply online through the DGFT portal by submitting PAN details, bank account information, and business address proof.
PAN card of the business or applicant, Aadhaar card (for proprietors), proof of business address, and bank account details are required.
IEC registration is typically processed within 3–5 working days if all documents are correct and complete.
Yes, IEC is mandatory for all businesses or individuals dealing in import-export, regardless of the turnover.
Yes, the same IEC can be used by all branches of the business located across India.
Yes, changes such as address, bank account details, or PAN can be updated through the DGFT portal without affecting the validity of the IEC.
