Introduction
If you’re looking to step into the world of global commerce, one of the first steps is securing an Import Export Code (IEC). This unique 10-digit number is issued by the Directorate General of Foreign Trade (DGFT), operating under the Ministry of Commerce and Industry, Government of India.
Whether you’re an individual, proprietor, partnership, LLP, or private limited company planning to import goods from overseas or export products/services to international markets, IEC registration is mandatory.
Key Advantages of IEC Registration
- 🌐 Access Global Markets
Seamlessly import and export goods across international borders. - 🔁 Permanent Validity
Once obtained, the IEC remains valid for a lifetime with no renewal required. - 🛡️ Avoids Legal Barriers
Legitimizes your global transactions, reducing the risk of customs-related issues. - 💼 No Annual Filings or Compliance
IEC doesn’t demand post-registration compliance or returns. - 🚀 Simplified International Transactions
Mandatory for receiving payments or clearing shipments through banks and customs.
Who Needs an IEC?
IEC registration is essential in the following scenarios:
- Importing goods or services into India
- Exporting goods or services abroad
- Clearing shipments through Indian customs
- Receiving foreign currency in business transactions
- Registering with shipping and freight companies for global trade
Even if you’re not immediately involved in international trade, obtaining an IEC can help prepare your business for future growth and cross-border opportunities.
Validity & Renewal
Unlike other business licenses, the IEC number doesn’t expire. It remains valid for a lifetime unless it is specifically surrendered or canceled. It also applies universally to all branches or units of the applicant business entity.
Purpose of the IEC Code
The IEC serves as a license for exporters and importers to engage in international trade. It must be quoted in all customs documentation, shipping bills, and foreign bank transactions. Without it:
- You cannot clear goods at Indian ports
- Banks won’t process international payments
- You miss out on business growth via global expansion
Documents Required for IEC Registration:
Here’s a list of essential documents to be kept ready:
- PAN Card of the entity or proprietor
- Proof of business address – utility bill, rent agreement, or property papers
- KYC documents – Aadhaar, PAN, Passport, or Voter ID of directors/partners
- Photograph of applicant(s)
- Cancelled Cheque or Bank Statement – to validate account details
- Business Constitution Documents – Incorporation certificate, Partnership Deed, etc.
- Board Resolution or Authorization Letter (in case of companies or partnerships)
- Email and Mobile Number of the applicant (used for OTP verification)
Step-by-Step Process for IEC Registration (Online):
Registering for an IEC is quick and entirely online via the DGFT portal. Follow the process below:
Step 1: Visit the DGFT Website
Go to https://www.dgft.gov.in
Step 2: Access IEC Services
Navigate to ‘Services’ > IEC Profile Management > Apply for IEC
Step 3: PAN Verification
Enter your business or individual PAN. The portal will auto-fetch basic details after verification.
Step 4: Provide Contact Details
Submit your active mobile number and email address to receive OTP verification codes.
Step 5: Fill in the Application Form
Input required data:
- Business name and address
- Type of organization (Proprietor/LLP/Pvt Ltd, etc.)
- Nature of business (Merchant, Manufacturer, Service provider, etc.)
- Bank account information
- Applicant details,s including ID and address proof
Step 6: Upload Documents
Upload scanned copies of necessary documents (PDF or JPEG format, under 5 MB in size).
Step 7: Fee Payment
Pay a nominal government fee of ₹500 via the integrated online payment gateway.
Step 8: Final Submission
Once verified, click “Submit” using Digital Signature Certificate (DSC) or Aadhaar e-Sign for authentication.
Post-Submission
After successful submission:
- A 20-digit reference number is generated
- The IEC certificate is typically issued within 1–2 business days
- You’ll receive the IEC digitally via the registered email address
- No hard copy is sent—digital copy is valid for all transactions
When is IEC Not Required?
You don’t need IEC for:
- Import/export for personal use (non-commercial purposes)
- Exporting or importing goods/services within SEZs (Special Economic Zones) unless specified
Wrapping Up
The Import Export Code (IEC) is the passport for your business to operate internationally. It’s simple to obtain, doesn’t require any annual renewal or compliance, and opens the door to countless global business opportunities.
If you’re planning to venture into imports or exports—be it products or digital services—don’t delay your IEC registration.
Need Assistance?
We can help you register for your IEC quickly and hassle-free. From document preparation to online submission, we take care of it all.
Get started today and take your business global! 🌍