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How Import Export Code could be Beneficial for a Startup?

Online Legal India LogoBy Ankar Kapuria Published On 27 Nov 2020 Updated On 05 Jan 2022 Category IEC

As India is a growing country in a competitive world, new businesses form with their innovative ideas to sustain and compete with long-standing companies each day.

As the name suggests, a startup business always starts its business with a minimal budget and primary motive. We can say that their main focus is to increase their funding within a short period with their healthy imaginary ideas.

Startup business & Import Export Code

 

While keeping in mind to encourage a small business or Startups, the Director-General of Foreign Trade, Department of Commerce, Government of India issued a ten-digit code known as IEC. Any business or enterprise having an IEC can import or export their products throughout the country without any second thought or permission. It is just like tender, which is of lifetime validity.

Benefits of IEC Registration for Startup Businesses

 

  • Global Market Reach
  • Online Enrollment
  • Simple Document Requirement
  • PAN Based Registration
  • Life Time Validity
  • Benefits of Schemes
  • No Compliance. 
  • No Annual Maintenance

Apply IEC Online with a Small Click:

 

In this current pandemic situation, applying for an IEC online is a smart choice.

Anyone who is acting as a sole proprietor of a business can obtain Import Export Code Registration through the country’s most reliable and trusted business solution platform Online Legal India™. 

Here the business expert panel provides 360° online assistance to be registered in the DGFT registrar and obtaining the IEC within the quickest of all. Let us know in the comment section how team Online Legal India™ can assist you. 

 

                                                                        

 


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