India to Export Mangoes to new countries as the government gives permission to export excellent quality mangoes.
How To Start Import Export Business In Easy Steps
- Get a PAN Card
- Select type of Business Entity
- Open a Current Account
- Get the IEC Code.
- Selection of in demand export product
- Registration Cum Membership Certificate (RCMC) From EPC.
- Selecting the Right Export Market.
- Finding Buyers for your Product.
- Shipping the goods with an appropriate logistic partner.
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Obtain a PAN card for the business
Once you have received the required registration, it is mandatory to have a PAN card issued by the Income Tax Department.
Open a current account
After receiving your business registration and PAN card, you need to open a current bank account with any commercial bank exclusively for your business.
Get the Import Export Code (IEC) issued
This is one of the most important requirements to get your import and export business started. IEC is required in all cases except in the case of restricted or prohibited goods or services.
Import Export Code (IEC) registration can be obtained by applying online at the DGFT website.
Documents Required for Import Export Code (IEC):
- Personal PAN card or Company PAN card
- Applicant’s photograph
- Copy of a canceled cheque from the business’ current account
A PAN card is mandatory to get an IEC code and only one IEC is allotted per PAN card.
Obtaining the Registration cum Membership Certificate (RCMC)
After obtaining the IEC, you need to obtain an RCMC, granted by the concerned Export Promotion Councils to get authorization to import and export, or for any other benefit.
There are around 26 export promotion councils from where you can get an RCMC issued.
After getting the IEC and RCMC issued, you can set up your import and export business from India. The IEC and RCMC issued are valid for all branches or business premises across India, and it takes only between five and seven days to get all the registrations done.
Website-building: If you are an exporter, a website helps you promote your products, generate sales, and much more. You can choose from a range of online services to build your website:
- Wix: Easy to use and ideal for beginners, it ranks among the most popular website-building tools for small businesses.
- WordPress.com: The world’s most popular website builder, WordPress has a wide range of themes and design layouts you can choose from.
- GoDaddy: The web-hosting company had 77 million registered domains – which is 20% of the global share – at last count.
Social media: The most easily available tool in your digital arsenal, social media is an effective way to advertise your products, get leads and spread the word about your business. We recommend you pick one or two platforms relevant to your market rather than using them all:
- Facebook: You can join one of hundreds of Facebook groups/communities built around the import-export business. It is also one of the few social networks that allows you to sell your products on its platform.
- Twitter: This micro-blogging website is also home to numerous import-export groups you can be a part of.
- Instagram: Another site on which you can advertise and sell your goods.
- YouTube: Create a YouTube channel for your business if you believe video content is what works for your market. Being on YouTube also helps improve your SEO and brand visibility.
- LinkedIn: Often called the “professional” social network, it allows users to create an online company profile, form business connections, network, and keep tabs on competitors.