Import Export Code (IEC) Registration – Fees, Benefits & Process

Import Export Code is a ten-digit alphanumeric code issued by the DGFT - Directorate General of Foreign Trade to a business entity which is planning to do export or Import transactions. IEC stands for Import Export Code. It is a mandatory certificate which is required for all the Exim businesses irrespective of the industry type & scale of business, whether it is importing goods in India or exporting products to other countries. Without an IEC code, no import or export activity can take place. Timely IEC Renewal is essential to maintain compliance with DGFT regulations and to continue import-export operations without interruptions.

IEC Code not only helps government organization to track International business transactions but also plays an important role in promoting transparency & accountability. IEC is One-time certificate issued by the Government of India which has to be updated every year in order to keep it valid. Once the Import export code is issued, businesses can register their Bank AD Code number on ICEGATE portal for custom port approval, and avail various benefits provided by the government, including subsidies, duty drawbacks, RODTEP and faster clearance of shipments.

If you're looking to start or expand your import-export business, obtaining your IEC should be the first step. IEC code is more than a regulatory certificate, it helps global customer to gain trust, credibility, and operational efficiency to business organization involved in global trade.

With over 1,000 successful Import Export Code registrations, Professional Utilities is a trusted name in the Exim consulting industry. We offer complete solutions including IEC Code Registration, AD Code Registration, RCMC Certificates, WPC, LMPC, EPR Registration, and more—all under one roof.

An Import-Export Code (IEC) is a key business verification number which compulsory for export from India or Import to India. IEC code full form is Import Export code. Import Export Code is a ten-digit unique code assigned to an individual/company and is required for every import/export operation. The DGFT is in charge of issuing import export codes. DGFT stands for Director General of Foreign Trade. Importer Exporter Code is the full form of IEC, although it is more commonly known as import export code.

Since discussion about business can’t be completed without mentioning the profit and the loss. Our focus is to provide legal benefit to your business, so we would be taking the profit portion forward. The government has made trade facilitation a priority in order to minimize transaction costs and time, making Indian exports more competitive. For the benefit of import and export trade, the various provisions of the Foreign Trade Policy and steps taken by the government in the direction of trade facilitation are consolidated.

Before proceeding to the import export license process lets have information regarding the documents needed to get Import Export Code License Online in India. The nature of the firm obtaining an IEC may be any of the follows- Sole Proprietorship, Partnership, LLP, Private Limited Company & Public Limited Company, Trust, HUF and Society."

The documents required for an IEC code are as follows:

PAN Card of the Business Entity

Address Proof (Electricity Bill, Rent Agreement, or Lease Deed)

Business Registration Certificate (Company Registration, Partnership Deed, LLP Agreement, or relevant certification)

Bank Account Details (Cancelled Cheque or Banker’s Certificate)

Identity Proof of Authorized Person (Aadhaar Card, Voter ID, Passport, or Driving License)

Passport Size Photograph of the Authorized Person