An Importer Exporter Code (IEC) is a mandatory business identification number required for companies or individuals engaged in importing or exporting goods and services in India. At STARTUP INDIA, we simplify the process of obtaining an IEC, enabling businesses to trade internationally with ease and compliance.
What is Importer Exporter Code (IEC)?
IEC is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT). It is essential for businesses looking to expand their market reach beyond Indian borders and is a prerequisite for customs clearance and international payments.
Key Benefits of Having an IEC
1. Global Trade Opportunities
Enables businesses to import and export goods or services without restrictions.
2. Access to Government Schemes
Avail benefits under Export Promotion Capital Goods (EPCG) and other subsidy programs.
3. Hassle-Free Customs Clearance
Required for customs documentation for seamless import/export processes.
4. No Renewal Required
IEC is a lifetime-valid registration with no need for periodic renewals.
5. Business Growth
Open up international market opportunities and scale your business globally.