IE Code Application, IEC Code Registration Services

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How to obtain Importer – Exporter Code for Individuals?

on May 10, 2018

IE Code application IEC code registration

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How to obtain Importer – Exporter Code for Individuals?

A sole proprietorship firm is the easiest way to set up business in India. It is the business form with lower and least compliance capital requirements. It is simple to establish and run as it is wholly controlled by a single owner. Apart from spreading operational wings in various States, trading and services with parties across globe requires Importer – Exporter Code. Obtaining IEC Code Registration is simple and precise for any business. Here, we are discussing on how to obtain the IEC for an individual or say a proprietorship firm. Meaning and need of IEC: IEC is termed as an Importer and Exporter Code. It is the license required for international business. Before commencing any commercial transaction of import to or export from India, the concerned business must obtain this registration as to undertake the transaction, one will require stating the code allotted for this purpose. The same applied in case of a sole proprietorship business. When the import...

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