An Import Export Code (IEC) is a mandatory registration required for businesses engaged in importing goods into India or exporting goods out of India. Issued by the Directorate General of Foreign Trade (DGFT), the IEC serves as a unique identification number for a business and is essential for customs clearance, foreign trade transactions, and availing government benefits. Without an IEC, no business can legally conduct import or export activities in India.
At Import Export Wale, we provide end-to-end support for IEC registration, guiding businesses through document preparation, application submission, and coordination with DGFT authorities. Our expertise ensures a smooth and hassle-free process, enabling businesses to start their import-export operations legally and efficiently while taking advantage of all applicable incentives and regulatory compliances.
Applying for IEC Number
In case the applicant is a partnership firm, apart from the standard requisites, the following documents are also essential:
- Self-attested copy of partnership deed
- An authority letter in favor of the partner to act on behalf of the firm for gaining IEC
For companies, the following are also required at the time of applying for IEC number:
- Details of directors
- Resolution in favor of a director to act on behalf of the company for obtaining IEC number
Importance of IEC Number for Importers and Exporters
- It is mandatory for customs clearance of imported and exported goods.
- Banks require IEC to process international trade payments.
- IEC allows businesses to claim benefits under export promotion schemes.
- It helps track and maintain records of foreign trade transactions.
- The IEC code facilitates hassle-free approvals from government departments.
- IEC holders gain access to the global market and can scale their operations internationally with legitimacy.
Eligibility to Apply for IEC
Any person or entity who is involved in import or export can apply for IEC, including:
- Sole proprietors or individual entrepreneurs
- Partnership firms
- Limited Liability Partnerships (LLP)
- Private and public limited companies
- Hindu Undivided Family (HUF), represented by the Karta
- Trusts and societies involved in trade
- Government departments and public sector units
Note: Each entity or person is entitled to hold only one IEC number.
Documents Required for IEC Application
To apply for an IEC number, the applicant must prepare and submit the following essential documents:
- PAN card of the individual or business entity (mandatory for application)
- Proof of business address (such as utility bills, rent agreement, or property ownership documents)
- Bank account statement or cancelled cheque bearing the applicant’s name
- In the case of a partnership firm, a self-attested copy of the partnership deed
- Authorization letter empowering a partner to act on behalf of the firm, if applicable
- Details of directors or partners for companies and firms
- Resolution passed by the company board to authorize a director to act on behalf of the company for IEC application
