Import Export Code (IEC)
An Import Export Code (IEC) is the essential gateway for businesses engaging in international trade, serving as a lifetime valid authorization for cross-border commerce. Issued by the Directorate General of Foreign Trade (DGFT), this 10-digit unique identifier is mandatory for all import/export operations in India, offering seamless access to global markets.
- Mandatory Trade License – Required for all customs clearance procedures
- Lifetime Validity – No renewals needed once obtained
- Global Market Access – Enables international transactions and foreign payments
- Government Benefits – Qualifies for export incentives and subsidies
- PAN-Linked System – Single code for all import/export activities
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INTRODUCTION
Import Export Code (IEC)
An Import Export Code (IEC) is the fundamental business license required for any company or individual engaging in cross-border trade in India. Issued by the Directorate General of Foreign Trade (DGFT), this 10-digit permanent identification number serves as your business's passport to global markets, enabling seamless import and export operations while ensuring compliance with international trade regulations.
Trusted by 15,000+ exporters and importers, our team of trade compliance experts provides end-to-end IEC registration services along with guidance on customs procedures, export benefits, and foreign trade policies. Start your global trade journey with confidence – partner with Financial Munshi for fast, hassle-free IEC certification and international business expansion support.
BENEFITS
Why Obtain an Import Export Code (IEC) in India?
Gateway to International Trade
An IEC provides the essential authorization for businesses to participate in global commerce, creating structured pathways for both imports and exports. This formal recognition establishes your business in international markets while ensuring compliance with DGFT regulations.
Financial Advantages & Market Expansion
With an IEC, businesses unlock access to foreign currency transactions, better payment terms, and eligibility for government export incentives. The code enables seamless scaling of cross-border operations while optimizing trade finances.
Regulatory Compliance Made Easy
Enjoy lifetime validity without renewals while we handle all DGFT formalities. Our experts ensure smooth customs clearance and help you navigate international trade policies, so you can focus on growing your global business.
How we work
Step-by-Step Company Registration Process
DSC & DIN Application
Company Name Approval
MOA & AOA Drafting
Incorporation Certificate
Documents Checklist
Documents Required for IEC Registration in India
Ensure a smooth registration process by arranging these essential documents:
For Proprietors/Individual Applicants
- PAN Card (Mandatory for all applicants)
- Aadhaar Card/Passport/Voter ID (Address Proof)
- Cancelled Cheque/Bank Certificate (Current Account)
- Passport-sized Photograph (White background)
For Companies/LLPs
- Company PAN Card
- Certificate of Incorporation
- Board Resolution (Authorizing IEC application)
For All Applicants
- Rent Agreement + NOC (If business premises is rented)
- Utility Bill (Electricity/Water – not older than 2 months)
FAQs – Import Export Code (IEC)
1. How long does it take to get an IEC?
24-72 hours for normal cases through Financial Munshi (DGFT’s typical processing time is 3-5 working days).
2. What's the difference between IEC and GST Registration?
| Feature | IEC | GST |
|---|---|---|
| Purpose | Import/Export | Domestic Tax |
| Validity | Lifetime | Active till cancelled |
| Mandatory For | Cross-border trade | ₹40L+ turnover |
3. Can a foreign-owned company get an IEC in India?
- Indian incorporation documents
- Director’s PAN & address proof
4. Is physical office proof mandatory?
- Home address for proprietors
- Registered office for companies
5. What's the cost of IEC registration?
- DGFT fees
- Professional charges
- Document assistance *(No hidden costs)
6. What if my IEC application gets rejected?
- Free reapplication
- Reason analysis
- Document correction guidance
7. Can one IEC be used for multiple businesses?
No, each legal entity (company/LLP/proprietorship) needs separate IEC.
8. Is IEC required for service exports?
- IT/BPO services
- Consulting fees
- Any foreign remittance above ₹10 lakhs/year
