If you’re an exporter or planning to start exporting goods from India, getting your FIEO (Federation of Indian Export Organizations) registration is essential. FIEO registration provides you with the necessary credentials and ensures your business is recognized as an exporter by the Indian government. In this guide, we will walk you through the FIEO registration process, fees, and the documents required for FIEO registration online.
What is FIEO Registration?
The Federation of Indian Export Organizations (FIEO) is the apex body representing the Indian export sector. FIEO registration is a voluntary certification that offers benefits such as access to government schemes, export incentives, and the credibility to engage in international trade. Having an FIEO Registration Certificate (RCMC) is mandatory for exporting goods from India.
How to Apply Online?
The FIEO registration online process is simple and can be done through the official website of FIEO. Follow these steps to complete your registration:
- Visit the FIEO Website: Go to the official FIEO website Click Here.
- Sign Up for a New Account: If you’re new to FIEO, sign up by providing your business details.
- Submit Documents: Upload the necessary documents, which we’ll detail below.
- Payment of Fees: Once the documents are submitted, proceed to pay the FIEO registration fees.
- Obtain RCMC Certificate: After verification, you’ll receive your FIEO RCMC (Registration-Cum-Membership Certificate).
Registration Fees
The FIEO registration fees vary depending on the type of business entity and the duration of the membership. Typically, fees range from INR 5000 to INR 15,000. You can check the exact fees on the FIEO official website during the application process. Fees for FIEO RCMC registration might differ based on the export type (manufacturer, merchant exporter, etc.).
Documents Required
To apply for FIEO registration, you’ll need to provide the following documents:
- Passport-size Photograph of the applicant.
- Copy of the PAN Card of the business or proprietor.
- GST Registration Certificate.
- Copy of Incorporation Certificate or Partnership Deed (for companies, LLPs, or partnership firms).
- Bank Details with a canceled cheque or bank statement.
- IEC Code (Import Export Code) issued by the Directorate General of Foreign Trade (DGFT).
- Export License (if applicable).
- Address Proof of the business (e.g., electricity bill, lease agreement).
- Declaration of Export Activity.
RCMC Registration Fees
The FIEO RCMC registration fees depend on the membership type and the business’s turnover. For example, for a small-scale business or startup, the fees may be lower compared to large-scale exporters. It is recommended to verify the exact RCMC registration fees based on your business’s profile on the FIEO portal.
Benefits
Access to Government Schemes: FIEO registration enables you to access various export-related government schemes and incentives.Recognition in the Global Market: It enhances your credibility and allows smoother transactions with foreign buyers.Export Promotion: FIEO membership offers promotional opportunities, participation in international trade fairs, and events.Industry Insights: Gain access to crucial information, reports, and resources related to export markets.
Conclusion
Getting FIEO registration is a key step for exporters in India. By registering with FIEO, you open doors to numerous benefits, including access to government schemes, export promotion, and enhanced credibility in the global market. Follow the steps mentioned above to easily complete the FIEO registration online, pay the required FIEO registration fees, and submit the necessary documents to start your export business smoothly.
For any further assistance or queries related to FIEO registration or RCMC registration fees, feel free to contact Sheris Advisors.