IE Code Registration in Vadapalani - Filingpoint
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Filingpoint IE Code Registration in Vadapalani is mandatory for all the entities carrying out import and export trade. It is a 10 digit alphanumeric code issued by Directorate General of Foreign Trade (DGFT) which is valid for life time. It is required for all the companies, LLPs and individuals who are carrying out import or export trade in any part of the world. It helps to unlock the international market and expand your business globally.
Getting an IEC code is not difficult, and it's suggested for every corporation and LLP to get one when they're incorporated. This is because it'll assist in avoiding all the hassles of filing returns and compliance demand like yearly filings or return filings. Additionally, compared to other tax registrations, IEC registration does not require a regular update, submission and modification.
To obtain an IEC Code, an application needs to be made in FORM ANF 2A alongside fundamental supporting documents. The DGFT will process the application within 15-20 working days and issue the IEC certificate for the business.
Besides unlocking the international market, an IEC Code also helps in availing several benefits like subsidizes from DGFT, customs and Export Promotion Council etc. It also helps in clearing the customs duty for imported goods and resolving banking transactions in case of exported money. It's crucial for the importers to quote the IEC number while clearing the customs and for the exporters to mention the IEC number while transferring money abroad through banks.
Contact Our Filingpoint team IE Code Registration expert +91 72999 72500
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