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Import Export Code

What is the Import Export Code (IEC)?

Import Export Code (also known as IEC) is a 10 digit identification number that is issued by the DGFT (Director General of Foreign Trade), Department of Commerce, Government of India. It is also known as Importer Exporter Code. It is mandatory for companies and businesses to obtain this code to start a business that deals with import and export in the Indian Territory. It is not possible to deal with export or import business without this code.

Documents for IEC Code - Entity Wise

To get the IEC Code, a different type of companies / entities has to submit different additional documents. Type of Companies/entities such as Proprietor, Partnership, Private limited, HUF, Registered Society, etc has to submit different additional documents required for IEC code along with the mandatory documents mentioned below.

1. Documents required for IEC Code for Proprietorship:

  • Scanned copy of PAN (Front and back page) card of the Proprietor.
  • Any of these – Scanned copy of Passport (first & last page) / Voter’s Card / Driving License /Aadhar Card.
  • Address proof of the Head Office and all the existing branches — Electricity / telephone bill or Rent / lease agreement, or sales deed in case of a self-owned premise.
  • Bank Certificate in prescribed format or Cancelled Cheque bearing pre-printed name of the applicant and A/C No.

2. Documents required for IEC Code for Partnership:

  • Scanned copy of PAN Card of all the managing partners and the Company.
  • Residential proof of all the Managing Partner: Scanned copy of Passport (first & last page) or Voter’s Card or Driving License or an Aadhar card.
  • Address proof of the Head Office and all the existing branches: Electricity / telephone bill or Rent / lease agreement, or sales deed in case of self-owned premise
  • Bank Certificate or a canceled cheque with the name of the entity and Account Number.

3. Documents required for IEC Code for LLP / Government Undertaking/Public Limited Company/Private Limited Company/Section 25 Company:

  • Scanned copy of PAN card of all the directors and the Company.
  • Residential proofs of all the Managing Partner / Director signing the application – Scanned copy of Passport (first & last page) or Voter’s Card or a Driving License or an Aadhar card.
  • Address proof of the Head Office and all the existing branches: Electricity / telephone bill or Rent / lease agreement, or sales deed in case of self-owned premise
  • Certificate of incorporation as issued by the RoC.
  • Bank Certificate as per prescribed format / Cancelled cheque having the name of the company and Account number.

4. Documents required for IEC Code for Registered Society:

  • Copy of PAN card of the Chairman, Treasurer, Secretary and the Society.
  • Residential proofs of the Chairman, Treasurer and Secretary – Scanned copy of Passport (first & last page) or Voter’s Card or Driving License or an Aadhar Card.
  • Address proof of the entity: Electricity / telephone bill or Rent/lease agreement, or sales deed in case of the self-owned premise.
  • Registration Certificate of the Society / Copy of the Trust Deed.
  • Bank Certificate as per the prescribed format or a canceled cheque with applicant name and Account number.

5. Documents required for IEC Code for HUF:

  • Scanned Copy of Karta’s PAN Card.
  • Any of these residential proofs of the Karta’s Documents – Scanned copy of Passport (first & last page) or Voter’s Card or Driving License or Aadhar card.
  • Address proof of the Head Office and all the existing branches: Electricity / telephone bill or Rent / lease agreement, or sales deed in case of self-owned premise
  • Bank Certificate or a cancelled cheque with applicant name and account number.
  • HUF registrationnumber

Advantages of IEC for Businesses

Businesses have great options through import and export business to unlock the international market for their product or services they are involved in. The IEC code is the main requirement to enter into international market which supports the growth and development of the business to a certain standard. Here are the Benefits or Advantages of IEC Registration for Businesses.

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