IE Code Registration in Vadapalani - Filingpoint
Welcome to Filingpoint Procedure for IE Code Registration Expert +91 72999 72500
Filingpoint IE Code Registration in Vadapalani is one of the most important requirements for any business that plans to expand its operations beyond the country boundaries. There are numerous benefits that a company might avail by getting its IEC number which includes tax exemptions, import/export benefits, statutory compliances, etc. Moreover, the registration process is entirely online and hassle-free with less documentation requirement.
IEC stands for Import Export Code and is a unique identification number issued by DGFT to businesses that carry out import-export activities and enter foreign financial transactions. This 10-digit code is equivalent to the pan number of the business. The IEC is required by importers to clear customs duty and shipment. It is also needed by exporters to receive cash in foreign banks. IE code registration is mandatory for all entities except those engaged in services exports or those that are exempted from the requirement of having IEC because of national security, sensitivity, etc.
The registration process is quite simple and involves only a few documents such as:
Proprietorship: A digital passport photo of the proprietor.
Partnership: A copy of the PAN card of all partners or directors.
Private limited company: A copy of the company's PAN card.
LLP: A copy of the AADHAAR card of all members (in case of sole proprietorship, it is required that the pan name and AADHAAR name are the same).
IEC registration is a perpetual enlistment and is valid for a lifetime. Therefore, there won't be any issues for renewal, filing or recharging the IE code enrollment. It is likewise prescribed that all companies and LLPs acquire their IEC at the time of consolidation. This prevents them from utilizing another person's IEC and also reduces illegal transportation of goods.
Contact Our Filingpoint team IE Code Registration expert +91 72999 72500
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