Digi Consult
IE Code Registration
The IEC or Import Export Code is a 10- number code needed by an reality or person to import/ import goods services. The authority to issue this code is given to the DGFT( Director General of Foreign Trade), Ministry of Trade and Industry, Government of India. This code is valid for life and doesn't need to be updated constantly. Code generation takes 5 working days, once the documents are submitted and the necessary corrections are made.
CEI codes can be called by numerous names, similar as import- export code, import- export code, import- import license, import- import number, IE code, IE license, etc. Applicants can issue this code with their name or Company name. Once issued, it applies to all branches divisions units factories of your company.
Why Should We Register For IEC?
- IEC registration enables entrepreneurs to enter worldwide markets by allowing them to register with online e-commerce operators.
- Businesses can take advantage of government initiatives like the Export of Goods from India (MEIS), Export of Services from India (SEIS), and other customs and export promotion schemes.
- There are no registration compliance requirements, running a business is quite simple.
- The IEC procurement process is simple and may be completed with only a few basic documents.
Documents Required For Import Export Code Registration
The documents needed for IEC registration are quite few. Only a few documents are required, and they are listed below for a better understanding.
- 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
