As said, it is the primary requirement for the import into and export from India for the goods and specified services which enables the businesses to unlock the opportunities across the globe in international business market. It increases the global reach of the business and hence opens door for growth and expansion.

Online Registration

Obtaining IEC is completely online process through its common portal. The online IEC registration application makes hassles little with a simplified documents list attached therewith to support the application.

Simple Document Requirement

The Import–Export Code can be obtained by any business entity or an individual. Below are the mandatory documents that are required for the Import Export Code Registration.

• PAN Card of the Applicant
• Passport Size photograph of the applicant
• Cancelled Cheque
• Address proof of the Business

PAN Based Registration

The Code is provided based on the Permanent Account Number of the business organization. Therefore, the registration is not required based on place of business rather, a single business entity may require only one registration. As and when the business is dissolved, the registration is also revoked or surrendered.

Life Time Validity

IEC registration is permanent registration which is valid for life time. Hence there will be no hassles for updating, filing and renewal the IEC registration. It is valid till the business exists or the registration is not revoked or surrendered.

Benefits of Schemes

IEC code has huge benefit for importers as well as exporters. The registered business entities would be able to avail benefits in form of subsidies or otherwise declared by the Customs, Export Promotion Council or other authorities. After filing LUT under GST, the exporters can make exports without payment of taxes. In case the exports are made with payment of taxes, the exporter is able to claim refunds of the amount paid as tax.

No Compliance

Unlike other tax registrations, the importer or exporter does not require to fulfil any specific compliance requirement such as Annual Filings or return filings. The code possesses no need of compliance after registration.

No Annual Maintenance

As there is no compliance listed, there is no requirement of annual maintenance fees to be paid after obtaining this code. There is no requirement of filings or renewal of the registration for each Financial Year or otherwise.

Legally Clean

Obtaining the code is the license for importing and exporting goods and services for business purpose. It is a chief legal license that makes the cross border transactions easy and legal.

Reduces the risk of Illegal transportation

IEC helps to eradicate the illegal transportation or illegal exports and imports. The centralised registration helps the officials to supervise and better administer the transactions undertaken as a part of cross border business. The accountability of prohibited or restricted transactions is apportioned well.

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Trademark can be a Letter, Word, Number, Phrase, Graphics, Logo, Sound, Mark, Smell or a Color mix. Any individual who needs to protect brand, logo or slogan & so forth of his company must go for Online Trademark Registration in India.

Anyone who wants to protect the name of his brand/business can apply for Trademark Registration. We, at NXTIdea, can help you in Trademark Registration.

A Trademark online application can be made in favor of:
• Individuals
• Private firms
• Companies like Limited Liability Partnership, OPC, Private Limited, Public and Partnership, NGO

Benefits of Trademark Registration

A Unique Identity
Your Clients will recognize a specific product or service just with the brand. Registering a trademark guarantees that your rivals won’t use it and thus it stays as a company’s remarkable asset.

A Legal Protection
In case you suspect that your TM is being replicated by any other individual, you can take up the issue lawfully and sue them if you have registered your logo, image name or motto.

Eligible for International Filling of Trademark
A trademark which is registered in India is eligible to be registered in different nations outside India too. Similarly, foreigners can likewise get a TM registered in India.

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ISO Certification states that your company is competently meeting a set of requirements or guidelines, which can be related to quality, data privacy, environment safety, employee safety, assets security, etc. If you ask why ISO certification is necessary for a business, this is the first reason. It is exhibiting your company’s credibility by adhering to some standard regulations provided by an independent international organization like ISO. However, there is more to it.

ISO certifications were designed to offer guidance and unified objectives to businesses in the key management aspects which help them ensure efficiency and optimize costs. Till now, ISO certifications have been adopted by millions of large and small businesses around the world for their willingness to stand out in the market and standardize their processes. Your business could be the next. Get started.

Some of the Key reasons ISO is a must for your business process include:

1.    Improved Processes:

The certification addresses all key processes throughout the company. Taking into the specifications mentioned by ISO, the company maintains a standard protocol of quality which eventually helps in improving products and services.

2.    Customer satisfaction:

Many clients or customers only wish to do business with ISO certified companies, so having this certification will eventually help in establishing trustworthiness and a professional approach.

3.    Right decision-making:

ISO offers a structured framework for quality management, thus, ensuring the right decision-making.

4.    Meet the requirements specified by the government:

Government tenders usually mention ISO certification as qualifying criteria. Hence, having this certification makes your company eligible to apply for government contracts.

5.    Establishing credibility:

ISO is a well-known and renowned mark of the credibility of an organization. Having this certification will automatically attract the attention of the customer and gain their trust. Thus it adds credibility to your marketing and advertising strategies.

6.    Saving on the cost:

With the standard quality management protocol specified by ISO, there will be a lesser probability of repair and other losses, thus helping you in saving capital that can be effectively used for other tasks. Having error-free business operation methods, it becomes easier for you to become a more efficient organization.

7.    Improved Consistency:

With ISO certification, it has become easier for organizations to take control of their business processes. Since ISO mentions the specific protocol which every organization needs to follow, hence, going for this certification adds consistency to the business process.

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