&c4=o-color-4&c5=o-color-5)
&c2=rgba(0,0,0,.5)&c4=o-color-4&c5=o-color-5)
&c4=o-color-4&c5=o-color-5)
&c2=rgba(0,0,0,.5)&c4=o-color-4&c5=o-color-5)
Breif
Import
Export Code (IEC) is the compulsory License or certificate which is provide by
DGFT (Directorate General of Foreign Trade, Ministry of Commerce &
Industry) to the businesses who are importing or exporting goods outside or
inside from the India.
Overview
This Certificate is required by the Private Limited Company, LLP, Proprietorship, Partnership Firm who are dealing internationally, and IEC is not required for the domestic businesses. Without this certificate, Customs will not clear imports/ exports. Needed for Foreign Remittances and Payments. IEC issued for lifetime i.e., need to required to renew it.
Process
Step 1 - Visit the DGFT portal and start your IEC application.
Step 2 – Fill in business details and legal representative information.
Step 3 – Upload required documents including PAN, business proof, and bank details.
Step 4 – Submit proof of business premises for verification.
Step 5 – Submit application and receive your IEC electronically after approval.
Checklist
Details & Documents Required for IEC Registration
1. Legal Person Documents
- KYC Documents: Aadhar Card and PAN Card
- Mobile number and Email ID
2. Legal Entity Documents
- Certificate of Registration / Incorporation
- Memorandum of Association (MOA)
- Bank Details and PAN Card
- Contact details: Mobile number and Email ID
3. Business Premises Documents
- Latest Electricity Bill
- Rent Agreement or Sale Deed (if owned, especially for Proprietorship)
4. DGFT Digital Signature
Required for online application and verification
Time Taken
Total Time: Approximately 2 working days from the date of receipt of all documents (subject to DGFT processing)
- Document Gathering & Preparation: 1 day
- Online Application Filing and Verification by DGFT Portal: 1 day
- IEC Issuance: IEC generated electronically after approval
Deliverable
The following deliverables are included in the Biz Silver Plan. Deliverables for other packages may vary accordingly:
- Completed IEC Application
- Document Verification Support
- DGFT Follow-Up
- Electronic IEC Certificate
- Post-Registration Guidance
Why Choose Bizeneed?
Bizeneed provides a fast and hassle-free IEC registration process with expert guidance on documents and DGFT compliance, timely approval through regular follow-ups, post-registration support for smooth business operations, and trusted services relied upon by hundreds of entrepreneurs.
FAQs
No minimum turnover is required to apply for IEC.
One IEC per PAN i.e., the same PAN cannot have multiple IEC.
Yes Bank Details is compulsory for the IEC.
Businesses or individuals engaged in import or export activities must obtain an IEC.
Yes, without an IEC, no import or export transactions can be legally conducted in India.
An IEC is valid for lifetime and does not require renewal.
Yes, a single IEC can be used by all branches under the same PAN and entity.
Yes, an IEC can be surrendered or cancelled by applying to the DGFT if the business stops trading.
EC is mandatory for opening an export-import bank account, allowing businesses to receive and make international payments legally.
IEC can be used for both goods and service-based businesses engaged in import or export activities.