If you’re stepping into the world of international trade, getting an Import Export Code (IEC) is your first crucial step. This unique 10-digit number, issued by the Directorate General of Foreign Trade (DGFT), is mandatory for businesses or individuals looking to import or export goods and services from India. But the big question is: How […]
In today’s interconnected world, businesses are constantly seeking opportunities beyond borders. Whether you are a startup, a small business, or a large enterprise, an Import Export Code (IEC) is your gateway to international trade. If you want to grow your business by expanding into global markets, IEC registration is a must-have. But which industries benefit […]
Understanding IEC in Business Transitions If your business is undergoing restructuring—whether due to a merger, acquisition, name change, or ownership transfer—you might be wondering, “Can my Import Export Code (IEC) be transferred?” Since the IEC is a unique business identification number for import-export activities in India, handling it correctly post-restructuring is crucial to avoid legal […]
In today’s interconnected world, small businesses and MSMEs (Micro, Small, and Medium Enterprises) in India have an incredible opportunity to expand beyond local markets and enter the global trade arena. However, one key requirement to make this happen is obtaining an Import Export Code (IEC). If you’re an MSME looking to scale up, here’s why […]