If you are planning to start an import or export business in India, obtaining an IEC Code Registration is the first essential step. The Import Export Code (IEC) is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. Without an IEC, no business can legally import or export goods and services from India.
In this blog, we will explain the meaning, importance, eligibility, process, documents required, and benefits of getting an IEC Code Registration online.
IEC (Import Export Code) is a unique 10-digit number issued to businesses or individuals who want to engage in international trade. It serves as a business identification number for imports and exports and is mandatory for clearing customs, sending or receiving shipments, and receiving money from foreign clients.
Issued by DGFT (Directorate General of Foreign Trade)
Valid for a lifetime (no renewal required)
Applicable to both individuals and companies
Required for import/export of goods or services
Obtaining an IEC Code is crucial for all businesses involved in import and export activities. Here’s why:
It is mandatory for all importers and exporters in India to have a valid IEC number to conduct cross-border trade.
Without an IEC, customs authorities will not allow import or export of goods. IEC ensures smooth documentation and clearance of shipments.
IEC registration allows your business to expand globally by enabling you to sell or purchase goods and services internationally.
Banks require IEC for processing international trade payments such as foreign currency remittances.
Businesses with IEC can avail of subsidies, export promotion schemes, and benefits under DGFT policies.
IEC is required by:
Importers who bring goods or services into India
Exporters who sell goods or services abroad
Businesses dealing in international e-commerce (like Amazon or Alibaba)
Manufacturers supplying goods for export
However, if you import or export for personal use, and not for commercial purposes, IEC registration is not required.
To apply for IEC registration online, you will need to submit the following documents:
PAN Card of the individual
Aadhaar Card or Passport
Address proof (Electricity bill, Rent agreement, etc.)
Bank account details and canceled cheque
Digital photograph (passport size)
PAN Card of the entity
Incorporation Certificate / Partnership Deed
Address proof of the business premises
Bank account details and canceled cheque
Digital photograph of the authorized signatory
The IEC Code Registration process is simple and completely online through the DGFT portal.
Go to the official DGFT portal (https://dgft.gov.in) and click on ‘Apply for IEC’.
Create an account by providing your details such as name, email, and mobile number.
Log in and fill out the IEC application form (ANF 2A) with business details, bank information, and contact details.
Upload all supporting documents such as PAN, address proof, and bank certificate.
Pay the prescribed government fee (currently ₹500) through online payment modes.
Once the application is verified, the DGFT will issue your IEC certificate within 1–2 working days via email.
Having an IEC Code provides several advantages to your business:
Expansion of Business: Helps businesses explore global markets and increase international trade opportunities.
Government Schemes: Avail of various government incentives and export subsidies.
No Renewal Hassle: The IEC number is valid for a lifetime and does not require renewal.
Easy Processing: The entire process is online, simple, and quick.
Establishes Credibility: IEC registration adds credibility to your business and builds trust among international clients.
You can easily update or modify your IEC details through the DGFT portal if there is any change in:
Business address
Bank details
Director or Partner information
Contact details
If you decide to stop import/export activities, you can voluntarily surrender the IEC number online, and DGFT will deactivate it.
Entering incorrect PAN or bank details
Uploading blurred or invalid documents
Using mismatched details between PAN and Aadhaar
Forgetting to verify email or mobile number during registration
Make sure all details are accurate to avoid rejection or delay in approval.
In today’s globalized business environment, obtaining an IEC Code Registration is a necessity for every importer and exporter in India. It not only legalizes your international trade activities but also opens doors to government benefits and a wider customer base.
If you want to register your IEC quickly and hassle-free, it’s best to seek help from professional consultants.
Looking for expert help?
Contact Shugam Consultants, your trusted partner for IEC Registration, FSSAI License, GST Registration, and other business compliance services.