Import Export License

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Opportunities. Prosperity (Apply, submit documents, and receive the IEC as a soft copy).

Benefits of Import Export License

• IEC registration enables businesses to explore global markets, including online e-commerce platforms.

• Access government schemes like the Merchandise Export from India Scheme (MEIS), Service Export from India Scheme (SEIS), and others for customs and export promotion.

• Minimal compliance requirements post-registration ensure ease of business maintenance.

• The IEC application process is straightforward and requires only basic documents.

Procedure 


Step 1: The online IEC application form in the format Aayaat Niryaat Form no. 2A is filed with the Directorate General of Foreign Trade. Alternatively, it could also be done offline at the Regional office of DGFT.


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.

Documents Required

• 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 canceled cheque leaf of the current account

Why Vakilify?

• Reliable experience in the domain.

• Completion of work in time time-bound manner.

• We can assist in starting the business as well.

• Legal assistance to support you even further

FAQs

What is an Import Export License, and why do I need it?

An Import Export License, also known as the Import Export Code (IEC), is a mandatory registration required for businesses engaged in import and export activities. It is issued by the Directorate General of Foreign Trade (DGFT) and is necessary for conducting international trade legally.

Who needs to obtain an Import Export License?

Any individual or entity involved in importing or exporting goods and services from India must obtain an Import Export License. This includes manufacturers, traders, exporters, importers, and e-commerce operators.

Can Vakilify assist in renewing an existing Import Export License?

Yes, Vakilify offers services for renewing existing Import Export Licenses, ensuring timely renewal and compliance with regulatory requirements to continue international trade activities legally.

What are the consequences of operating without an Import Export License?

Operating international trade activities without a valid Import Export License is illegal and can lead to penalties, fines, and other legal consequences. Additionally, it poses risks to business reputation and hampers opportunities for global expansion.

How can I get started with obtaining an Import Export License through Vakilify?

To initiate the process of obtaining an Import Export License through Vakilify, simply reach out to us through our website or customer support channels. Our expert team will provide personalized assistance and guide you through the application process efficiently.