How to Start Import Export Business in India

How to Start Import Export Business in India

So, it is essential to know some of the technicalities and systems which will help you get a clear insight of what an import/export business is and also help you get an idea of How to Start an Import Export Business easily.

To start an export business in India, the first one should be aware of its types, which are An Export Management Company or an EMC, An ETC or an Export Trading Company and Import and Export Merchant.

Apart from these factors, one should have to take note of other things which play an important role in starting and carrying out business in the long run, these are

  • Import Export Business License
  • Import/Export Duties (depends on article to article)
  • GST
  • LC Account in the bank
  • Selecting the Port
  • Selecting the type of transportation (by air or through cargo shipment)
  • Contacting the Logistics department

Steps to follow when starting an export business in India

Step 1: Registration of the company

Step 2: Getting Permanent Account Number (PAN)

Step 3: Registration and Membership certificate (RCMC)

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