Eligibility and Requirements for IEC Registration
The Proprietor may make an application for IEC if the proprietor has a PAN card, bank account, and proof of address for business. The DGFT shall also physically verify the address at the time of issuing the code.
- Partnership: The partnership firms must present their partnership deed, PAN card, and proof of address. All the partners shall be eligible to file in the name of the firm.
- Limited Liability Partnerships (LLPs): A partnership deed along with an incorporation certificate is mandatory. Valid bank account and business address proof for the firm is also required.
- Private Limited Companies: Certificate of incorporation, PAN card with address proof of the business. The firm must be registered under Indian law.
- Public Limited Companies: Use a certificate of incorporation, PAN card, and address proof similar to private limited companies.
- Societies, Trusts, and HUFs: Registration certificate, PAN card, and address proof are required.
Documents Required for IEC Registration
To get an Import Export Code (IEC) in India, you need to submit some key documents. This registration is a one-time process and doesn't require yearly filings, but it’s important to keep your information up to date.
- PAN Card: Permanent Account Number (PAN) card for the business or individual applying for the IEC.
- Identity Proof: This can be an Aadhaar card, passport, or voter ID.
- Address Proof: Documents like an electricity bill, rent agreement, or property papers can be used as address proof.
- Bank Certificate or Canceled Cheque: Required to confirm your account details or business name.
- Digital Signature Certificate (DSC): Required if applying online.
- Passport-sized Photograph: Recent photograph of the applicant.
- Certificate of Incorporation or Partnership Deed: Required for companies or partnerships to prove legal status.
- One-Time Registration: IEC is a one-time registration with no annual filings. Keep information updated to avoid issues.
- Bank Requirements: Banks often require IEC for handling foreign currency transactions.
- Annual Updates: Recommended to update IEC yearly if details change via the IEC portal using your DSC.