Reserve Bank of India

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. RBI plays an important role in FEMA in order to facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India.

IEC CODE

Every person/firm/company engaged in export business in India should obtain Importer-Exporter Code Number from the Director General of Foreign Trade (DGFT) as required under the Export and Import Policy. The Head/Registered office as well as its branches in India should invariably cite the number so allotted by DGFT on GR, PP or VP/COD forms as also SOFTEX form used for declaration of exports.

FEMA COMPLIANCES

The Foreign Exchange Management Act (FEMA) is an Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.


GET ONLINE SOLUTION

 IEC Code Rs. 5000/- Plus Out of Pocket Expenses - Rs. 3,500/-

 FEMA Compliance Rs. 5000/-

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