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Company Incorporation becomes easy as Government launches CRC

The 5 Step solution to all your IEC registration queries. Read article for details.

1. What is Importer Exporter Code (IEC)?

The Import Export Code (IEC) is a kind of license issued by the Director General of Foreign Trade , Ministry of Commerce, Govt of India. It is a 10 digit number needed to carry on import or export of goods in India.

2. Why is the Import Export Code required?

IEC is the license issued by Government of India to the Exporters and Importers. Obtaining IEC is mandatory for entrepreneurs and companies to e perform their business as well as claim various benefits of Customs, Export Promotion Council etc.

3. How to Obtain IEC in India?

4. What documents are required for acquiring the Import Export Code (IEC)?

a) A Photograph of the applicant(s), similar as that on the Bank Certificate.

b) Self Attested copies of the Partnership Deed/Memorandum & Article of Association.

c) Self attested copies of Pan Card.

d) Copy of Bank Certificate.

e) Bank Account Details.

5. What is the procedure involved?

5. What is the procedure involved?

You will also have to File an application for the reservation of the name for the proposed Company. Later Drafting Memorandum & Articles of Association also have to be done.

Also, all the documents of the company have to be mandatorily submitted to the concerned Registrar of Companies (ROC).

Once the company is registered, you will need to collect the receipt of Certificate of Incorporation from the ROC, after which you may apply for PAN CARD and Bank Account in the name of the company.

If you need any assistant on IEC registration, log on to eFilingPortal.in.


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TODAY INFOMEDIA PRIVATE LIMITED
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122009, India

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