Business owners who want to expand their business globally they all need IEC registration. IEC is the secret master key which each & every individual business entity requires to either import business products from abroad or to export business products to abroad. IEC Code is an exceptional 10 digit code issued by DGFT to assist business owners to build their business abroad.

10 Benefits of having IEC-

Registering for an IEC is the best possibility to take a step forward in the foreign market. Here, we are going to elaborate about 10 main benefits of having IEC and they are-

1. Global Market Reach- With the help of IEC registration business owners can easily take their business abroad and can have global customers
    
2. Online Registration- It is very easy t do the Online Registration for IEC with the help of different government recognized website
    
3. Simple Documents Required- To do IEC Registration one needs to have simple documents like Pan card, address proof of applicant, registered office address, cancel the cheque, branch office address
    
4. PAN Based Registration-It is provided based on the permanent account number of the business organization
    
5. Lifetime Validity-IEC registration is a permanent registration and it is a valid lifetime. Till the existence of the business, IEC is going to be valid
    
6. Benefits of Scheme- Both importers and exporters can avail of huge benefits with IEC registration. The business entities which are registered with IEC can avail of the benefits in form of subsidies or otherwise declared by the customs Export promotion council or other authorities. If this kind of business entity
    
7. No Compliance-  IEC holder does not require to fulfill any particular compliance requirement such as annual filing or return filing
    
8. No Annual Maintenance- Once an IEC is issued the code is valid for a lifetime hence there is no extra annual maintenance charge
    
9. Legally Clean- Once the code is generated so from next time exporting or importing any product will be considered as cross-border transaction easy and hassle-free
    
10. Reduces the risk of Illegal transportation-As the process is considered as cross border business which helps to lesser illegal transportation

How to Apply IEC online?

The best place for applying for IEC online is Online Legal India™ they are the most trusted, government recognized company with a panel of legal experts with 24x7 on time and cost-effective service. Here we take care of each and every step starting from document validation to sending the final code.

Business owners who want to expand their business globally they all need IEC registration. IEC is the secret master key which each & every individual business entity requires to either import business products from abroad or to export business products to abroad. IEC Code is an exceptional 10 digit code issued by DGFT to assist business owners to build their business abroad.