This guide provides a step-by-step process to apply for an IEC Registration online, along with the required documents, eligibility criteria, and important things to keep in mind.
What is an IEC Code?
The Importer Exporter Code (IEC) is a 10-digit unique identification number assigned to businesses and individuals who wish to engage in international trade. It is a one-time registration that remains valid for a lifetime and is required for:
- Importing goods into India
- Exporting goods from India
- Availing government benefits on exports
- Customs clearance of shipments
- Opening foreign currency accounts for trade transactions
Without an IEC, businesses cannot operate in the global market legally
Who Needs an IEC Code?
The following entities must apply for an IEC code:
- Individuals or Sole Proprietors involved in import/export.
- Partnership Firms and Private Limited Companies engaged in global trade.
- LLPs (Limited Liability Partnerships) or HUFs (Hindu Undivided Families) conducting imports/exports.
- Government Organizations or NGOs dealing with foreign trade.
Who Does NOT Need an IEC?
- Businesses dealing in services exports (unless they are claiming benefits under foreign trade policies).
- Individuals importing/exporting for personal use (not for trade).
- Ministries and government departments.
Documents Required for IEC Registration
Before applying for an IEC code, ensure you have the following documents ready:
- PAN Card – Mandatory for all applicants (individuals, companies, or firms).
- Aadhaar Card, Voter ID, or copyright – Identity proof for proprietors or business owners.
- Business Registration Proof – Incorporation certificate, partnership deed, or GST certificate.
- Address Proof – Utility bill, lease agreement, or property documents.
- Bank Account Details – Cancelled cheque or copyright.
- Digital Signature Certificate (DSC) – Required for companies and LLPs.
- Email ID and Mobile Number – For OTP verification.
How to Apply for an IEC Code Online: Step-by-Step Guide
Applying for an IEC is an easy online process through the DGFT portal. Follow these steps to complete the registration.
- Visit the IEC Portal – Open the official Import Export Code (IEC) registration website.
- Fill Out the Application Form – Enter your business name, type, PAN number, and contact details accurately.
- Review and Submit – Double-check all the information before submitting the form.
- Pay the Fee – Complete the payment online using net banking, credit/debit card, or UPI.
- Verify OTP – Enter the OTP sent to your registered mobile or email for verification.
- Application Processing – The concerned authority will review and validate your details.
- Receive Your IEC Code – Once approved, your IEC code will be issued and emailed to you within 1-2 business days.
How to Modify or Update the IEC Code
If you need to update your business details after receiving the IEC, follow these steps:
- Log in to the DGFT portal.
- Go to "IEC Profile Management, Modify IEC.
- Update business name, address, bank details, or director details.
- Upload supporting documents for verification.
- Pay the modification fee.
- Submit the request, and changes will be approved within a few days.
Common Mistakes to Avoid While Applying for IEC
- Incorrect PAN or Business Name – Ensure the details match your official records.
- Using Personal Bank Accounts – Only business accounts should be used.
- Incomplete Document Upload – Missing documents can lead to rejection.
- Incorrect Contact Information – OTP verification fails if email or mobile details are wrong.
- Not Updating IEC Code – Always update IEC when changing business details.
Note: Update iec code in easy steps with Our Portal.
Conclusion
Applying for an IEC code online is a simple and quick process that enables businesses to engage in international trade. By following the step-by-step guide, businesses can complete the IEC registration in just a few days.
IEC registration provides legal authorization for imports and exports, access to government trade benefits, and smooth customs clearance. If you are planning to expand your business globally, obtaining an IEC code is the first step toward success.