Are you planning to start an import or export business in India? The Import Export Code (IEC) is your first and most essential requirement. At Power of Factorial Business Solutions, we make the IEC registration process in Bangalore smooth, quick, and hassle-free.
What is an Import Export License
IEC (Import Export Code) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry.
Who Requires IEC?
IECis mandatory for:
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Importing goods into India
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Exporting goods and services from India
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Sending/receiving foreign currency
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Starting an e-commerce export business
Why is IEC Registration Important?
IEC is more than just a license—it’s your legal identity in international trade.
Key Benefits of IEC
📦 Customs Clearance
💵 Receive International Payments
🌍 Expand Global Reach
🧾 Avail GST Refund on Exports
Benefits of Getting IEC Through Power of Factorial
Why Choose Us?
| Feature | Benefit |
|---|---|
| ✅ Fast Turnaround | IEC issued in 1–3 working days |
| ✅ Online Process | Zero physical paperwork |
| ✅ Affordable | Transparent pricing |
| ✅ All-India Service | Not limited to Bangalore |
Documents Required for IEC Registration
Here’s what you’ll need to register:
Personal or Business Documents
PAN Card (Individual/Entity)
Aadhaar/Passport/Voter ID
Cancelled Cheque/Bank Certificate
Business Address Proof
Passport-size Photo
Step-by-Step IEC Registration Process
Our Simple 5-Step Process
📤 Collect Documents
🖋️ Prepare Application
🌐 Online Submission on DGFT Portal
✅ Approval and Code Generation
🧾 Digital Certificate Delivery
Who Needs an Import Export License?
Categories of Businesses or Individuals
Importers of goods/raw materials
Exporters of goods or services
Freelancers receiving overseas payments
E-commerce exporters
Manufacturers trading globally
Why Choose Power of Factorial Business Solutions?
We’re trusted for Import Export License services in KR Puram, Bangalore and across India.
Frequently Asked Questions (FAQs)
Is IEC registration mandatory for service exports?
✅ Yes, it is mandatory even for service-based exports such as IT, consulting, or digital services.
Does IEC have to be renewed?
❌ No. IEC is valid for a lifetime. However, DGFT mandates annual updates even if no changes are made.
How long does it take to get IEC code?
⏱️ Typically, it takes 1 to 3 working days if your documents are accurate and verified.
Can an individual apply for IEC?
✔️ Yes, even individuals can register using their personal PAN and bank details.
Is GST required for IEC?
📝 No, GST is not mandatory, but useful if you’re claiming tax benefits on exports.
Do I need a digital signature?
🖊️ For companies or LLPs, DSC may be needed. For proprietorships, it’s not mandatory.
Final Thoughts – Go Global with Ease
At Power of Factorial, we help you grow beyond borders. With our expert support, IEC registration in Bangalore or anywhere in India becomes simple, affordable, and fast.
Contact Us Today
📞 Phone: +91 81050 21287
📧 Email: poweroffactorial024@gmail.com
🌍 Website: www.poweroffactorial.com