Ready to Go Global? Here’s Why Your Business Needs an Import & Export License Today

Your Gateway to International Trade Starts with the IEC Code

India’s global business ecosystem is growing rapidly, and if you’re planning to import goods or export services, having an Import Export Code (IEC) is not optional—it’s essential. Whether you’re a startup, manufacturer, or trader, an IEC is your legal license to operate across international borders.

In this blog, we’ll break down what an IEC is, why it’s critical, how to get it, and how Power of Factorial Business Solutions makes the process seamless for you.

What is the Import Export License (IEC Code)?

Definition of IEC

The Import Export Code (IEC) is a 10-digit number issued by the Director General of Foreign Trade (DGFT). It’s required by any individual or business involved in the import or export of goods and services from India.

Why IEC is Crucial for Your Business Expansion

Having a valid IEC unlocks several benefits and ensures compliance with government and customs authorities.

Top Benefits of IEC License

🌍 International Market Access
IEC lets your business legally enter global markets and trade across borders.
✅ Smooth Customs Clearance
Mandatory for clearing shipments through Indian ports or airports.
💵 Eligible for Export Incentives
Claim benefits under various government schemes like RoDTEP, SEIS, etc.
🔄 No Renewal Required
Once issued, the IEC code is valid for a lifetime, unless canceled or surrendered.

Who Should Apply for an IEC License?

Applicable to the Following Businesses:

Importers of raw materials, equipment, or finished goods
Exporters of products or services
E-commerce sellers shipping internationally
Freelancers or consultants offering services to global clients
MSMEs and Startups scaling into new markets

Documents Required for Import Export License

To apply for an IEC, keep these documents ready:

Basic IEC Documentation Checklist

PAN Card (individual or company)
Aadhaar Card / Passport / Voter ID
Business Address Proof (utility bill/rent agreement)
Bank Certificate or Cancelled Cheque
Email & Mobile Number linked with Aadhaar
Digital Signature Certificate (Class 2 or 3 for online filing)

Step-by-Step: How to Get IEC with Power of Factorial

At Power of Factorial Business Solutions, we simplify the process for you:

Our 4-Step IEC Registration Process

📑 Collect documents & verify details
🖥️ Apply online via DGFT portal with DSC
💳 Pay a nominal government fee of ₹500
📩 Receive IEC certificate in your email within 1-3 working days

Why Choose Power of Factorial for IEC Services?

We’re your trusted partner for import-export compliance and registration in Bangalore and across India.

Our Value-Added Services:

End-to-end IEC application support
Quick turnaround time (1–3 days)
Expert document verification
Post-registration updates and advisory
PAN India service availability

Common Questions About IEC License

❓ Is IEC registration mandatory for all businesses?

Yes, IEC is compulsory for all import/export businesses unless exempted by DGFT.

❓ Can an individual apply for IEC without a company?

Yes. Individuals can apply using their personal PAN and documents.

❓ How long is the IEC code valid?

The IEC code is valid for life and does not require renewal.

❓ Can I modify my IEC details later?

Yes, you can log into the DGFT portal and update contact, address, or bank details anytime.

Conclusion: Open New Markets with the Right License

Getting your Import and Export License is not just a regulatory need—it’s your business passport to the world. Whether you’re dealing in products or services, domestic limitations shouldn’t hold you back.

Let Power of Factorial Business Solutions help you navigate the registration process so you can focus on expanding your reach and growing globally.

📞 Need Help with IEC Registration?

We’re just a call away!

📍 Location: K R Puram, Bangalore
📞 Call: +91 8105021287
📧 Email: poweroffactorial024@gmail.com
🌐 Website: www.poweroffactorial.com

Power of Factorial – Your Gateway to Global Trade!