An import-export code (IEC) is a key business identification number required for all international trading in India. This 10-digit alpha-numeric code is given by the regional office of the Director General of Foreign Trade (DGFT), Ministry of Commerce. The code is important for all Indian bu...
Choose a country with stable demand for these products Trade regulations Competition Once you’ve ticked the above boxes, the next step is to register your company and make note of necessary documents such as the Import Export Code (IEC) and Registration cum Membership Certificate (RCMC), and...
In 2019, bilateral trade between these nations was estimated at $92.68 billion and in 2020 it was valued at $78 billion. True, Chinese exports to India have decreased due to cross-border tensions, but this is still a significant amount of export and import. This brings us to the center o...
make sure you follow the rule of thumb of not using your private bank account to make business transactions. Additionally, if you are looking for investors, your company should be registered with the correct company structure, either of which when missing or incorrect will have to be ...
Starting a company requires choosing the type of company you want to run. Below are the types of business establishments available in Singapore. Sole proprietorship In a sole proprietorship, the business and its director are treated as a single entity, and the owner is solely liable for any pro...
IEC Stands for IMPORTER EXPORTER CODE which contains 10 digit number issued by Director General of Foreign Trade, Department of Commerce, Government of India. Who requires an Importer Exporter Code ? Any bona fide person/ company starting a venture for International trade of Export and Import. If...
Impact of GST on imports in India Applicable import duty after GST implantation How to calculate IGST under imports? Changes in IEC after GST Linking IEC with GSTIN in customs Import under EPCG after GST GST on imports by EOUs and SEZs ...
Director in a company Brought forward losses or losses to be carried forward under any income head Investments in unlisted equity shares Tax deducted under Section 194N Deferred payment or deduction of tax on ESOP Assets or signing authority in accounts outside India ...
but a mainstream business strategy that has repeatedly demonstrated its value – if a company gets it "right." As a result, today's leaders can not only have greater confidence in the model, but also draw on almost 30 years' worth of collective knowledge and experience to guide their own ...
Must-Have Features to Create a Wallet App Copy link If you decide to find out how to develop e-wallet app, you will have to consider all the basic features the new app must contain to satisfy clients' demands. Let’s identify key functionality modules and overview each component in more ...