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INTERNATIONAL BUSINESS MANAGEMENT

REGISTRATION STAGE
3/31/2013 a.velsamy, sona school of management 1

Stages in Exports
Registration Stage Pre-Shipment Stage Shipment Stage Post Shipment Stage

Registration Stage
Preliminary Decisions before registration Type of Organisation Mode of operations Name of the Concern Address

Type of Organisation
Sole Proprietorship Partnership firm Private Limited Company

Sole Proprietorship
Owned by a single person Enjoys all profits Bears all losses No formal registration

Partnership Firm
Owned by 2 to 20 Persons (Partners) Based on partnership Deed Governed by Indian Partnership Act,1932 Registration with Registrar of Firms & Partnerships

Private Limited Company


2 to 50 Shareholders Governed by the Companies Act,1956 Memorandum of Association Articles of Association Certificate of Incorporation Registration with Registrar of Companies

Mode of Operation
Manufacturer exporter Merchant exporter Service exporter

Registration Process
1. 2. 3. 4. Register your Organisation Open a Current Account Get PAN Card Register with Sales Tax authorities -Sales within the State TNVAT -Sales between the States - CST

Registration Process..
5. Register with Joint Director General of Foreign Trade for getting IE Code Chennai Coimbatore Madurai Puducherry

Registration Process..
6 . Register with Export Promotion Councils to get RCMC - Registration Cum Membership Certificate - Essential to avail incentives

7. Registration with the Export Credit Guarantee Corporation 8. Central Excise

Registration Process..
9. Chamber of Commerce, Productivity council, Textiles committee etc., 10. Registration for Business Identification Number

11. Export Inspection Agency


12. Export Licence, if required

Roles of Govt. / Semigovt. agencies


1. 2. 3. 4. 5. 6. 7. 8. Ministry of Commerce and Industry DGFT Commodity Boards Export Promotion Councils Service Institutes IIFT, IIP etc., Export Inspection Council Export Credit Guarantee Corporation Directorate General of Commercial Intelligence and Statistics 9. India Trade Promotion Organisation (ITPO) 10.Federation of Indian Exporters Organisation 11.Export-Import Bank 12.The State Trading Corporation of India Ltd., 13.Govt. Trade Representatives 14.Freight Investigation Bureau 15.Customs and Central Excise Department

Question Hour

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