How Many Days Does It Take To Obtain An Import Export License in India?

If you are planning to open an import and export business in India, you must first obtain an import export license from the government. The registry plays a vital role in this.

Once you have approved your license, you will be given an Import-Export Code, a ten-digit code. The General Directorate issues this code for Foreign Trade (DGFT), and the DGFT is part of the Department of Trade and Industry. If you desire to run a smooth import and export business in India, you need this license. 

• The primary thing you need to think about is that you need to choose the product that you want to export. You will receive the IEC for the product category you applied for.
• Next, you need to decide on the name of the company. The company name must end with Exports.
• You Should also register your company if you have not already done so.
• You can apply for import export license online and need to pay a fee of Rs 250.
• Next, you need to go to the EDC Register. You register your company at the nearest airport or seaport.

• Gather all required documents and have digital copies ready before beginning the import export licence registration process.
• Log in to the official portal of DGFT by clicking here and submitting the form to register your company.
• To start this, you will require your PAN number, and After entering the PAN number, you will be redirected to create a new IEC application or open an existing one.
• After entering the IEC master document, you need to enter more details like location, PAN details, bank account, company incorporation date, and other details. If once you have filled in all the details, you will be redirected to the payment section. There you have to pay a fee of 250 rupees. This payment is made online by particular banks.
• After paying the fees, you must upload all the documents related to your IEC application.
• After successfully uploading the documents and filling out the form, you can print out the Complete IEC form and forward it to the DGFT office responsible for your location. After you have submitted the documents, a screen will appear on which you will find your Ecom reference number, the name of your company, and the DGFT office to which your application was sent for processing.
• You can quickly complete the IEC online application and get the IEC code with these steps.
• The whole process is completed in 3 days to a week.

The Sarkari Suvidha offers an end-to-end service for Online Import Export Code.

• Get support through the entire renewal process.
• Get the best solution to all your questions and concerns.

As mentioned above, you must have certain documents to successfully process your IEC form. We have compiled the list of these documents, but you should know that the documents vary depending on the type of business.

• 3*3 photos required.
• ID cards include voter cards, driving licenses, passports, or Aadhaar cards.
• Proof of address like a utility bill.
• Bank receipt or canceled check showing applicant's name and account number.

• 3*3 photographs of a managing partner.
• Partnership Firm PAN card.
• Identity Proof such as Aadhaar card, passport, or driver's license.
• Proof of address, you must have a title deed if the property is owned; in the case of a lease, you will need a lease agreement along with a utility bill bank statement.
• You can make a canceled check with the applicant's name and account number.

You would need 3*3 director photographs.

LLP applicant's PAN Card.

Incorporation Of Certificate.

Identity Proof such as Aadhaar card, passport, or driver's license.

Proof of address, you must have a deed of sale if the property is owner-occupied; if you are renting, you will need a rent agreement and a utility bill.

Bank receipt or canceled check showing applicant's name and bank account number.

With all these basic steps and documents, you will receive your Import export license within three days to a week.

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