Open a Current Bank Account:

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Register Your Firm:
You need to get your business registered with the Ministry of Corporate Affairs, Government of India, irrespective of whether it’s a sole proprietorship, in partnership, private limited company, or LLP.

You can hire a lawyer to help you with the company registration process. You also need to obtain a Service Tax registration or a VAT registration certificate.


You have to open a current bank account to conduct an import export business. This is the account where all your business funds will be deposited. All your payments to the vendors and staff members will be done from this account.

Obtain An Import Export Code (IEC):
The import-export code issued by the Director General of Foreign Trade is argentina phone number list mandatory to start an export-import business in the country. You have to apply for it on the DGFT website.

Here is the list of documents required to apply for IEC:

Getting A Registration-cum-Membership-Certificate (RCMC): Once you get the IEC, you need to obtain the Registration-cum-Membership-Certificate (RCMC) granted by the Export Promotion Councils. You can obtain the certificate from any one of the 26 export promotion councils. After you get the IEC and RCMC, you can start import export business in India.
Compliance with Different Trade Laws: You can import only those products that comply with section 11 of the Customs Act (1962). They must also comply with the Foreign Trade Development and Regulation Act (1992) and the latest Foreign Trade Policy.