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Pankaj Tyagi
| Updated: 23 Nov, 2020 | Category: IEC

A Complete Guide on Documents Required For IEC Registration

Documents Required For IEC Registration

Cut-throat competition has led businesses to adopt aggressive market strategies. In order to escalate the sales figures, many businesses have opted to launch their product in the global market. But selling a product globally isn’t a straightforward task as it seems. Before opting for international trade, one has to address the plenty of formalities under the law and obtains different licenses and registration.

IEC (Import Export Code) license is a must-have requirement for those who want to conduct cross-border sales of their products. IEC license will let you undertake import or export activities in India without any legal complications. This blog is dedicated to the documentation part. So here you can avail the information regarding the documents required for IEC registration. 

Who needs IEC (Import Export Code)? 

IEC (Import Export Code) is a mandatory requirement for anyone who wishes to trade their products in the global market or set up an import and export business in India. DGFT (Director General of Foreign Trade[1]) is the authority that reserves the right to grant such registration in India. IEC is a ten-digit code that comes with lifetime validity. It’s literally impractical for business owners to conduct cross-border trading without Import Export Code. 

  • Custom authorities seek IEC for clearing the shipment of an importer. 
  • Banks need IEC while sanctioning money sends by the importer to a foreign entity. 
  • Moreover, the bank would also ask for the same in the case when the exporter receives the overseas currency as a payment into this bank account. 
  • Custom port asks for IEC for clearing the shipment of the exporter. 
  • Now let’s get onto the next section that encloses the detail regarding the documents required for IEC registration.
Who needs IEC License

Documents required by Sole proprietorship to avail IEC Registration

  • Proprietor’s photographs (3x3cms) 
  • Proprietor’s PAN card copy. 
  • Photocopy of the passport/DL/UID Aadhar card/ Voter’s ID (any one of these).
  • Sales deed in case if the ownership of the business premises is under the applicant; or lease agreement, if the place of business is rented/lease; or utility bills such as phone or electricity bills. 

Documents Required by Partnership Firm to avail IEC Registration

  • Photographs of the partner in the standard size i.e. 3×3 cms.
  • Photocopy of the passport/DL/UID Aadhar card/ Voter’s ID (any one of these) of the partner. 
  • Photocopy of the partnership deed. 
  • Sales deed in case if the ownership of the business premises is under the applicant; or lease agreement, if the place of business is rented/lease; or utility bills such as phone or electricity bills
  • Canceled cheque carrying preprint name of the partner/Bank certificate as per the format given in the ANF 2A (I). The certificate should be printed on the bank’s letterhead.

 Documents Required by LLP to avail IEC Registration 

  • Photographs of the partner/director in the standard size i.e. 3×3 cms. 
  • Applicant’s PAN Card.
  • Photocopy of the passport/DL/UID Aadhar card/ Voter’s ID (any one of these) of the partner/directors. 
  • Certificate of incorporation granted by the Registrar of Company.
  • Sales deed in case if the ownership of the business premises is under the applicant; or lease agreement, if the place of business is rented/lease; or utility bills such as phone or electricity bills. 
  • Canceled cheque carrying preprint name of the applicant/Bank certificate as per the format given in the ANF 2A (I). The certificate should be printed on the bank’s letterhead.

Documents Required by Trust-based entities for IEC Registration

  • Photograph of the secretary/signatory applicant or chief executive in the standard size format of 3x3cms
  • Photocopy of the passport/DL/UID Aadhar card/ Voter’s ID (any one of these) of the managing trustee/chief executive. 
  • Sales deed in case if the ownership of the business premises is under the applicant; or lease agreement, if the place of business is rented/lease; or utility bills such as phone or electricity bills. 
  • Copy of the trust deed/registration certificate. 
  • Canceled cheque carrying preprint name of the applicant/Bank certificate as per the format given in the ANF 2A (I). The certificate should be printed on the bank’s letterhead.

Documents Required by HUF (Hindu Undivided Family) for IEC Registration

  • Photograph of the Karta in the standard size format of 3x3cms
  • Photocopy of the applicant’s PAN card
  • Photocopy of the passport/DL/UID Aadhar card/ Voter’s ID (any one of these) of the Karta. 
  • Sales deed in case if the ownership of the business premises is under the applicant; or lease agreement, if the place of business is rented/lease; or utility bills such as phone or electricity bills. 
  • Canceled cheque carrying preprint name of the applicant/Bank certificate as per the format given in the ANF 2A (I). The certificate should be printed on the bank’s letterhead.

Conclusion

Hopefully, this write-up gives you the sufficed information on documents required for IEC registration. Try to be spot on with the documentation work or else your chance to get approved by authority become next to negligible. In case if you find it intimidating to address the paperwork then you can leave it to CorpBiz experts. Our professionals will make sure that your application is approved without a hassle.

Read our article: Advantages of Obtaining IEC (Import Export Code) Registration in India

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Pankaj Tyagi

Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.

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