Hi, I applied for an Import Export Code No. However, they gave me a query that the firm name should be on the Bank Guarantee form. I do not have an office as I will be only trading. Do I need a shop act license, and also do I need a separate account in the firm name? Please help. You can email me at forniles@gmail.com.
From India, Pune
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From India, Pune
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Foremost, you need to form a company or firm. It could be a private limited company, or a partnership firm. If it's Pvt. Ltd., then you need to get an MoU prepared by a legal counsel and then get it registered in the Registrar of Companies (ROC) of your state. If it's a partnership firm (an easier option), you need to get a partnership deed prepared and signed by the partners through an advocate, get it registered with the ROC. The next step would be to open a bank account in the company's name. When the account is opened, you need to approach the Directorate General of Foreign Trade of India in your region for obtaining an Import Export Code Number. For Northern India, the registration authority is:
Zonal Joint Director General of Foreign Trade
Ministry of Commerce & Industry
"A" Wing Indraprastha Bhawan
I.P.Estate, New Delhi - 110002
An application has to be submitted at the office of Zonal JDGFT (CLA), New Delhi, or your concerned Zonal office (I will talk about the Delhi office) which includes an application form duly filled in along with documents (List has been provided below) and fees. Mandatory Documents are:
1. Covering letter
2. Fill Part A, B & D of the application form.
3. The application must be accompanied by documents as per details given below:
3.1 Bank Certificate from the bank on Bank letterhead as per proforma (Part B) given in the application.
a. In case of Proprietorship firms, please furnish i) Date of Birth of the individual ii) Number of IECs held along with their details
b. In case of Companies, please furnish i) Extract of Board of Resolution ii) MOA with Form 32 and ROC in case of change in Directors
c. In case of others i) Notarized Partnership Deed showing the date of formation ii) No Objection Certificate from other partners/HUF
3.2 Self-certified copy of Permanent Account Number (PAN) issued by the Income Tax Authorities
3.3 Two copies of passport size photographs of the applicant. The photograph pasted on the banker's certificate must be attested by the banker with the Seal and Signature of the applicant
4. The application must be submitted in Duplicate
5. Each individual page of the application must be signed by the applicant
6. Self-addressed envelope stamped with Rs. 15 (Local Address) & for others Rs. 20/-. These documents may be kept secure in a file cover
Fees Application fee is Rs. 250/- which can be paid through Demand Draft/Pay Order from any designated bank in favor of Zonal Joint Director General of Foreign Trade, CLA, New Delhi. Treasury Receipt from the following designated Central Bank of India branches is also accepted:
1. Udyog Bhavan, New Delhi-110011
2. 10, Community Centre, Lawrence Road, Delhi-110 035
3. 18/4 Asaf Ali Road, New Delhi 110 001
4. 55, Madhubani, Nehru Place, New Delhi - 110 019
The application can be submitted in person/by an Authorized Employee of the Company at the R & I counters in the office or It can be sent by post/courier.
From India, Madras
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Zonal Joint Director General of Foreign Trade
Ministry of Commerce & Industry
"A" Wing Indraprastha Bhawan
I.P.Estate, New Delhi - 110002
An application has to be submitted at the office of Zonal JDGFT (CLA), New Delhi, or your concerned Zonal office (I will talk about the Delhi office) which includes an application form duly filled in along with documents (List has been provided below) and fees. Mandatory Documents are:
1. Covering letter
2. Fill Part A, B & D of the application form.
3. The application must be accompanied by documents as per details given below:
3.1 Bank Certificate from the bank on Bank letterhead as per proforma (Part B) given in the application.
a. In case of Proprietorship firms, please furnish i) Date of Birth of the individual ii) Number of IECs held along with their details
b. In case of Companies, please furnish i) Extract of Board of Resolution ii) MOA with Form 32 and ROC in case of change in Directors
c. In case of others i) Notarized Partnership Deed showing the date of formation ii) No Objection Certificate from other partners/HUF
3.2 Self-certified copy of Permanent Account Number (PAN) issued by the Income Tax Authorities
3.3 Two copies of passport size photographs of the applicant. The photograph pasted on the banker's certificate must be attested by the banker with the Seal and Signature of the applicant
4. The application must be submitted in Duplicate
5. Each individual page of the application must be signed by the applicant
6. Self-addressed envelope stamped with Rs. 15 (Local Address) & for others Rs. 20/-. These documents may be kept secure in a file cover
Fees Application fee is Rs. 250/- which can be paid through Demand Draft/Pay Order from any designated bank in favor of Zonal Joint Director General of Foreign Trade, CLA, New Delhi. Treasury Receipt from the following designated Central Bank of India branches is also accepted:
1. Udyog Bhavan, New Delhi-110011
2. 10, Community Centre, Lawrence Road, Delhi-110 035
3. 18/4 Asaf Ali Road, New Delhi 110 001
4. 55, Madhubani, Nehru Place, New Delhi - 110 019
The application can be submitted in person/by an Authorized Employee of the Company at the R & I counters in the office or It can be sent by post/courier.
From India, Madras
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Kami Export - Negative Covenant in Contract of Employment.pdf (1).pdf