What is IEC Code in Export? IEC, or Import-Export Code, is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT) in India. It is a mandatory requirement for businesses or individuals involved in international trade, specifically for those who wish to engage in the import or export of goods and services from India. 1. Essential for International Trade: The IEC code is a crucial document for any entity that wants to participate in cross-border trade activities.

7 Steps to Start Your Export-Import Business Starting an export-import business might sound complex, but with the right approach, you can set up quickly and efficiently. Here’s a simple step-by-step guide: 1. Set Up Your Business Register your business, get the necessary licenses, and ensure you’re compliant with local and international trade regulations. 2. Select the Product Choose a product you’re passionate about or one with strong market demand. Focus on quality and uniqueness. 3. Select th