1. The business organization needs to be registered first.

It could be a sole proprietorship/ a

partnership, an HUF, a private limited or a public limited company.
2. The business must have /open a current account with a commercial bank recognized by the RBI
as an authorized dealer of foreign exchange.
3. The business must obtain a PAN (Permanent Account Number) from the Income Tax authorities.
4. The business must register itself with VAT and Excise authorities as applicable
5. In the case of the business being a service provider it has to register itself with requisite service
tax authorities
6. The business has to register itself with the appropriate Export Promotion Council (EPC) and
obtain a Registration-cum-Membership Certificate (RCMC).
7. The business then needs to fill in the form, attaching the required documents and the prescribed
fee of Rs.1000
8. A bank certificate needs to be obtained on the official letter head of the banker, indicating the
complete name and address of the firm (as given in the form) with name, designation and seal
of the certifying authority.
9. A copy of the PAN number needs to be attested by the applicant, giving his name, designation
and seal
10. Two photographs duly attested by the applicants banker
11. The business can start export/import only after the allotment of the IEC code.