Import Export Code IEC Registration in Mumbai
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Import Export Code Registration in Mumbai
IEC code is the Import and Export Code license. It is a number containing 10 digits that help businessmen to export and import goods from foreign countries. This code is issued by the Director-General of Foreign Trade under the supervision of the Ministry of Commerce and Industries.
Import Export Code certificate gives many benefits to entrepreneurs. Businessmen can sell their products and services in international markets. Apart from that, the businesses can also join hands with other businesses to find a new product. They can showcase their products through fairs and exhibitions in different countries.
The Central Government of India is the main authority to look into the activities of import and export. IEC license in Mumbai reduces the risk of illegal transactions or illegal transportation of goods and products. It simplifies the process of imports and exports and makes it much simpler than before.
In addition to that, the Indian government has introduced many schemes for import and export businesses. Entrepreneurs with an IEC code license can get incentives on their items and services under these government schemes.
Process of IEC license Registration in Mumbai
Purchase Plan
Firstly, you have to choose the most appropriate plan for Import Export License Online in Mumbai according to the requirement. Our experts will then guide in choosing the plan.
Document Submission and Verification
Then you have to give your documents and address proofs. Our professionals will check every document and start the documentation and submission process.
Filing Application
We will file every document with the higher authorities and solve queries raised by these authorities.
Import Export License Issued
After receiving approval from the authorities, you will receive a License at your registered address.
Benefits of IEC Import Export Code License in Mumbai
No Need for Annual Return Filing
There is no legal requirement to file annual returns every year to get an Import export code (IEC) certificate. You do not need to prepare an audit report or file other financial statements to apply for Import and export license.
Business Expansion
After getting an IEC code license, the possibility of business expansion increases. You can do new ventures and take your products and services to foreign markets. Moreover, this license helps to build new business relationships.
Gives More Expertise
Trading in international markets connects various businesses. After getting Import and export license, you can gain more expertise in trading.
Increases Profits of your Business
IEC (import export code) license helps to do trading in foreign markets. It also helps to make huge profits in international markets.
Documents Required for Import Export Code Registration in Mumbai
- For Individuals
- ID proof and address proofs of applicants
- Passport size photo of applicants
- Address proof of premise of business
- Canceled cheque
- For Partnership Firm/LLP
- ID and address proof of all the partners
- Passport size photo of every partner
- Address proof of the business place
- PAN card of firm
- Incorporation certificate in case of LLP
- Partnership deed
- Canceled cheque
- Company
- ID proof and address proof of directors
- Passport size photo of directors
- PAN Card of the company
- Address proof of the business place
- MOA and AOA
- Canceled cheque
Why Choose ExpertBells for IEC registration in Mumbai?
Some of the best reasons to choose us for IEC registration in Mumbai.
Easy to get Import export license and GST certification online.
Realistic Expectations
300 strong & dedicated team
ExpertBells professional team can help you to get all the necessary documents in filing of import export code
You can also avail our top notch services for IEC registration in Agra, IEC registration in Jaipur, IEC registration in Delhi, IEC registration in Chennai, IEC registration in Pune, and IEC Registration in Bangalore
Import Export Registration Packages
Basic
What's included
- Import Export Code License
- Expert Consultancy
Basic
What's included
- Import Export Code License
- GST Registration
- Expert Consultancy
Basic
What's included
- Import Export Code License
- GST Registration
- Udyam Registration
- Expert Consultancy
FAQs about Import Export Code
Do I need an IEC code license if I want to provide a service in a foreign country?
Yes, you will need an IEC code license even if you want to provide service in a foreign country because it is an international transaction.
Should the government department take an IEC code?
No, government departments do not need an IEC code license to do foreign transactions. They have a fixed number for such transactions.
How much time does it take to obtain Import Export Code (IEC)registration?
It will take 3-5 business dats to obtain IEC code registration in mumbai.
Do I require renewing my IEC registration?
Yes, You need to update/ modify your IEC (import export code) yearly to avoid deactivation.