Ambika is a young entrepreneur in Bikaner dealing in precious stones across all major cities in India. She has explored some opportunities abroad and wants to start business abroad. She approached you to advise whether s

Importer Exporter Code (IEC) registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering for Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters cannot take benefit of exports from DGFT, customs, Export Promotion Council, if they do not have this code. Documents Required for Import Export Code (IEC) Registration are: Proof of establishment/incorporation/registration as Partnership/Registered Society/Trust/ HUF / Others. Proof of Address can be any one of the following documents: Sale Deed, Rent agreement, lease deed, electricity bill, telephone land line bill, mobile, postpaid bill, MoU, Partnership deed. Other acceptable documents (for proprietorship only): Aadhar card, passport, voter id. In case the address proof is not in the name of the applicant firm, a no objection certificate (NOC) by the firm premises owner in favor of the firm along with the address proof is to be submitted as a single PDF document. Proof of Firm's Bank Account such as Cancelled Cheque or Bank Certificate. User should have an active DSC or Aadhaar of the firm's member for submission. Active Firm's Bank account for entering its details in the Application and to make online payment of the application fee. So, Ambika is required to submit all these documents to DGFT before starting export.