Our Services FAQs

Q: Is an IEC license mandatory for export of services?

No, an IEC license is primarily required for the import and export of goods. For the export of services, an IEC license is generally not mandatory. However, it is advisable to check specific regulations and requirements based on the nature of the services being exported.

Q: Can I use my IEC license for multiple businesses or branches?

No, the main uses of an IEC licence are for import and export of commodities. In most cases, an IEC licence is not required for the export of services. However, depending on the nature of the services being exported, it is important to investigate certain laws and criteria.

Q: Can I modify or update my IEC license details?

Yes, you can modify or update your IEC license details by submitting the necessary documents and application to the DGFT. Changes such as address, authorized representatives, or bank account details can be updated.

Q: Is there any validity period for an IEC license?

Once issued, an IEC license does not have an expiry date. It is valid for a lifetime unless it is suspended or canceled by the DGFT.

Q: How long does it take to obtain an IEC license?

The timeframe for obtaining an IEC license can vary, but typically it takes around 5 to 7 working days from the date of submission of the complete application.

Q: What documents are required for an IEC license?

The documents required for an IEC license application include proof of identity, proof of address, bank details, photographs, and other supporting documents as specified by the DGFT.