Import Export Licence (IEC)
IEC licence for smooth and compliant international trade operations.
Import Export Licence (IEC) is a mandatory authorization required for individuals and businesses involved in importing or exporting goods and services from India.
Issued by the Directorate General of Foreign Trade (DGFT), IEC serves as a unique identification number for tracking international trade transactions.
This licence is applicable to manufacturers, traders, service providers, and startups aiming to expand their business globally.
Why it matters: IEC ensures hassle-free customs clearance, foreign remittances, and compliance with Indian trade laws.
Registration Process
- Registration on DGFT online portal
- Submission of applicant and business information
- Uploading KYC and banking documents
- Application review by DGFT authority
- Allotment of IEC number
Documents Required
- Applicant or company PAN card
- Address proof of business premises
- Cancelled cheque or bank certificate
- Identity proof of authorised signatory
- Digital signature (if required)
Key Benefits
- Essential licence for starting import-export business
- Enables seamless clearance of goods at customs
- Facilitates receipt and transfer of foreign currency
- Eligibility for export incentives and government schemes
- No annual renewal or compliance burden
- Boosts credibility with international buyers and suppliers
- Applicable for both goods and service exports