Taking your products or services to the international market is a major step toward business expansion. While international trade can seem daunting due to complex legal procedures, the Importer Exporter Code (IEC) is the first and most vital requirement for any business in India.
The IEC is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT). It is mandatory for anyone looking to import or export goods. For services and technology, it is required in specific circumstances where trade involves restricted or high-security sectors.
There are certain exemptions where a business or individual does not need an IEC registration:
If you are dealing in "Specified Services" or "Specified Technologies" that pertain to national security (e.g., restricted tech, weapons, nuclear-related items), obtaining an IEC is mandatory even for service-based operations.
The procedure for obtaining an IEC has been simplified and moved entirely online: