IEC Registration in Chennai
Earn logic provides eminent IEC registration service with experienced professionals. Our team provides end to end service from pre- registration to post registration. We provide the finest service at an affordable cost and makes the registration process simple and on time. We have extended our services in Kodambakkam, Meenambakkam, T-nagar, Egmore, Triplicane, Tambaram and Madipakkam by following the registration norms and terms of government.Many of the business people who take part in the import and the export business and people who do the money transfer across the nations need this IE code. There is no need of return filing in the case of the IEC registration. The IEC forms are the primary documents which gets the recognition in the eyes of the Indian Government.
In the modern era, business takes the world onto next level. So, the Import and export code (IEC) registration is important to perform export or import activities in business. Import and export plays a major role in the business; it expands the business growth as well as economic growth. The counties growth depends on the business activities and IEC registration is under the ministry of commerce and industry issued by the directorate general of foreign trade. Once the registration is completed, the DGFT provides the certificate for the organization in 3-7 working days. It is a legal document to do an export and import activities and a 10 digit code to do IEC activities. IEC registration is an online process that saves time with 0% compliances.
Documents Required For IEC Registration
- Proprietor’s Digital photograph
- Proprietor’s PAN card
- Copy of Identity proofs - voter’s ID, driving license & passport
- Sale deed is required for owned business premises.
- If the premise is on rent then rental agreement is needed
- Bank certificate as per ANF 2A
- In case of companies, a certificate of incorporation issued by ROC is needed.
Advantage of IEC registration in Chennai
- PAN based registration
- Lifetime validity
- Global market reach
- No compliances
- Benefits of schemes.
- Easy process.
- It is helpful to increase the scope of the business.
- There is no annual return
- IEC registration is an online process, it saves time and it is more flexible for the applicant.
The major benefit can be experienced in the importing is the reduction in the manufacturing costs of the product. Many businesses find that importing products such as smart phones, car, bike, computer etc. are more affordable and comparatively cheap than producing them in the respective country.