IEC Registration in Coimbatore
Earnlogic provides seamless IEC registration in Coimbatore certified by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industries. Our esteemed consultancy, widely recognized across Saravanampatty, Ganapathy, Gandhipuram, Thondamuthur, and Veda Patti, ensures Coimbatore's IEC registration adheres to DGFT norms.
For importers, exporters, and international money transfers, acquiring the IE code is crucial. IEC registration doesn't mandate return filing, making it hassle-free. Recognized by the Indian Government, the IEC forms are essential documents.
Through Earnlogic, online IEC registration in Coimbatore is a permanent process unless surrendered or cancelled, eliminating renewal and periodic return filing requirements. With an effortless online procedure, accessible 24x7, users benefit from easy registration. Post-registration, various incentives, subsidies, and schemes become available to beneficiaries.
IEC registration in Coimbatore doesn't necessitate entity or company formation; individuals can obtain it in their own name. This registration aids entry into the global economy, facilitating business expansion internationally. Venturing into the global market not only attracts new customers but also elevates the business's international presence.
Documents required for IEC registration
For IEC registration online following documents are needed.
- Bank certificate in the prescribed form of ANF 2A
- Cancelled cheque
- Address proof like electricity bill, voters ID
- PAN card
- Sale deed
- If the location is on rent then rental agreement or NOC should be provided.
Benefits of IEC registration
- Registration based on PAN card
- Advantages of schemes and subsidies
- No yearly upkeep
- Access to global markets
- Lifetime validity eliminates the need for renewal
- Significantly reduces illegal transportation
Cost reduction
One of the significant advantages of importing is the cost savings in manufacturing. Numerous businesses discover that importing items like smartphones, cars, bikes, computers, etc., is more cost-effective and cheaper than producing them domestically.
IEC is not required under specific circumstances. They are
- Importing or exporting goods for personal use, unrelated to manufacturing, agriculture, or trade, doesn't apply to this process.
- Additionally, import or export activities conducted by government ministries, departments, or specific charitable organizations are not permitted in this context.