As a small enterprises, you can have access to priority sector lending, tax exemption, capital investment and power tariff subsidies IEC is required by importers to clear customers and shipment and exporters requires IEC to sent shipments. In short no importer/ exporter can operate in India without IEC.

•    How IEC Registration works at Real Tax ?

•    Why IEC?

• Open the doors to start with Global market. 
• Benefits like Merchandise Export from India Scheme and Service Export from India Scheme.
• Simple Business compliances requirement.

•    How to register Import Export Code (IEC)?

The Ministry of Corporate Affairs (MCA) governs the Import Export Code registration process with rules and regulation framed in accordance with the law:

Step 1: The Online IEC application form in the format Aayaat Niryaat Form No. 2A is filed with the Directorate General of Foreign Trade.
Step 2: All the required documents, including bank details and DSC, have to be submitted.
Step 3: Next, the Import Export Code will be allotted and the application will be processed further.
Step 4: Once the Documents and application are verified by the authorities, the Import Export License will be granted as a soft copy to the entity.

•    What are the document required for online registration?

Documents list for Import Export Code (IEC) Registration given below:

• PAN Card of the Individual or Company.
• Copy of the Entity’s government ID (Driving License/ Aadhar/ Voter ID).
• Incorporation Certificate/ Partnership Deed.
• Personal or Company’s Current Bank Account Statement.
• Address Proof (Electricity Bill/ Rent Agreement/ Sale Deed of the Office Location).
• Copy of Cancelled Cheque leaf of the current account.