Apply For Import and Export Code Registration by Prestigious Law Firm

Today, India is a vibrating place in a matter of international business. Government’s business-friendly policies and aggrandizement of start-up culture in the country are redefining the entrepreneurship culture in the country. Today the advent of cutting-edge technology and globalization are inspiring aspiring entrepreneurs to expand their business in the international market. But, to expand business in the international market there are several procedures and laws in place and different registration processes. Import and Export Code Registration is one of such prerequisites when it comes to importing or exporting from India.

What is Import and Export Code?

Import and Export code is a unique 10-digit code issued by the Director General of Foreign Trade (DGFT), Ministry of Commerce, imperative for every import/export business owner in India. There is no need for filing or renewal of Import Export Code (IEC). Importers use IEC code to clear customs and shipment and to transfer money to foreign banks. Exporters use IEC code to send shipments and receive money from foreign banks. Without IEC code, import/export business owners cannot operate globally.

• First of all, prepare an application form in the specified format- Aayaat Niryaat Form ANF-2A format and file it with the respective regional office of the Director General of Foreign Trade (DGFT).
• In the second step, prepare the required document of your identity such as identity proof, address proof, bank details in respect of ANF-2A.
• After completing the above two steps, file DGFT via DSC (Digital Signature Certificate) and pay the required fee for the IEC code registration in India.
• Upon approval of your application, you will get IEC code in a soft copy from the Government of India.

• IEC code enables you to take your products/ services to the global market and grow your business.
• IEC code enables you to take your products/ services to the global market and grow your business.
• There are several benefits of IEC Code Registration in India like Merchandise Export from India Scheme (MEIS), Service Export from India Scheme (SEIS), and others from Customs and Export Promotion.
• IEC code neither requires the filing of any return nor the need for renewal. After getting IEC code, it could be used by any entity against all export and import transactions.

If you are looking for Import and export code registration by Prestigious Law Firm in India then Indian law firm has well-seasoned and neat-handed team of professionals execute import and export registration process smoothly at the best price.

Global Jurix is a Top Law firm in Delhi is recognized for its high-quality and cost-effective legal services. Since its inception in 2001, the firm is doing splendid work in the field of imparting legal service and offering its legal services in various areas including Corporate and Commercial Law, Merger and Acquisition, Intellectual Property Rights, Taxation, Litigation & Arbitration, Insolvency & Bankruptcy and Immigration.

The firm has a well-seasoned and well-qualified team of legal professionals who have extensive work experience in sectors that includes Automotive, F&B, Pharmaceuticals and Healthcare, Start-ups, E-commerce, Banking and Finance, Infrastructure, Real Estate, Information Technology, Power, and Telecom. With two decades of experience, Global Jurix has represented 100+ foreign companies in varied sectors including Automotive, Pharma & Healthcare, IT, F&B, Telecom, e-commerce & Infrastructure; handled and structured 250+ complex M&A transactions and settled 1000+ IPR matters.