We can help you obtain FIEO Registration easily within just a few clicks of a mouse. FIEO exporters avail various benefits such as discounts on credibility analysis services, international air tickets, etc. Get FIEO registration easily with expert help and assistance.
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The Federation of Indian Export Organisations is an organization for export promotion in India. It was jointly instituted in 1965 by the Ministry of Trade & Commerce and private trade & industry.
The FIEO acts as a representative for all the Indian entrepreneurs who are involved in the export-import market. FIEO acts as an apex body on all export promotion organizations in India. It is thus a partner of the Government of India in promoting India's exports. An FIEO registration can deliver significant benefits to an exporter. Among the key FIEO membership benefits are global exposure, thorough guidance on key areas of global trade such as Foreign Trade Policy (FTP) and various concessions to MSMEs.
#Global Exposure FIEO registration provides exporters with guidance for international exposure.
#Guidance via Online Chat FIEO registration holders have access to online chat support for guidance on issues such as FTP and corporate laws.
# Free Online Business FIEO members can run free online stores on platforms like eBay for 6 months and Amazon for 3 months.
# Subsidy on Air Travel FIEO registration enables exporters to avail a 10% discount on domestic and international air tickets.
# Easy and Affordable Credit Rating FIEO exporters receive a 10% discount on credibility analysis services provided by CRISIL, a prominent credit rating agency.
# Compliance with Government FIEO registration requires organizations to comply with government rules and laws.
# Updates from FIEO Along with various concessions, FIEO provides updates on India's foreign trade policy.
# Individual Exporter Option Individuals can register as exporters to avail benefits from FIEO without obtaining an RCMC certificate.
#1. The business conducted must involve exports and imports.
#2. The applicant must have an Import Export Code (IEC) from the DGFT (Director General of Foreign Trade).
#3. The applicant must have GSTIN Number
#4. The applicant must declare their main line of business. If the products fall under a specific export promotion board, such as the Coffee and Tea Promotion Board, the relevant consent from that board must be obtained.
#1. FIEO proposes a weekly e-bulletin to keep traders updated on global developments impacting foreign trade and international trade.
#2. The Indian Trade Portal offers free online access to information on MFN Tariffs, Preferential Tariffs, SPS/TBT, and Rules of Origin of 65 countries, import statistics of 87 countries, and India's import contributions.
#3. FIEO's website provides two chat services to answer queries on Corporate Legal Affairs, Arbitration, International Agreements, Technology Transfer, Patents, Trade Marks, Brand Management, Copyright, and related topics.
#4. Press clippings on international trade issues are available on FIEO's website.
#5. FIEO offers FOREX Services, including Spot rates, Forward rates, Forward Calculator, FOREX Matrix, Pivot Points, LIBOR Rate, Historical Data, Currency Source, and Chart.
#6. Do conduct seminars and conferences for exporters growth.
#1. Ordinary Membership is the basic FIEO membership for newly established export and import businesses.
#2. Associate Membership is for long-standing export and import businesses, with higher charges including additional fees and nominal GST rates.
#1. Importer and Exporter Code IEC Certificate
#2. GSTIN Certificate
#3. Letter of Authority on the letterhead of the firm attested by C.A
#4. If the applicant is engaged in manufacturing, the SSI/IEM certificate is also required.
#5. Declaration of export and import activities conducted during the previous Financial Year
#6. Copy of One Star Export House/Two Star Export House/Three Star Export House/Four Star Export House/Five Star Export House Certificate, if applicable.
#7. Export Turnover country-wise/commodity-wise for the past 3 financial years OR For Service Providers - Statement of foreign exchange earnings for the past 3 financial years
Every Business carrying FIEO RCMC membership is required to file a quarterly export - import performance report by 15th day of the month following the Quarter in below format
|Description of items exported as per Shipping Bill||ITC Harmo- nised Code Number||Name of country (item wise)||FOB Value Rs. Lakhs (item wise)||FOB Value (item wise) foreign currency|
|-||-||-||SSI||Non- SSI||Total||Foreign Currency||Total|
Grand Total .................................
|Description of items Imported||ITC Harmonised Code Number||Name of the Country||CIF in Rs.Lakhs total|
Grand Total .................................
Note: FIEO member required to file NIL return also.
There are several reasons why FIEO Registration is required and is important. This includes:
Access to export promotion benefits: FIEO registration grants exporters access to government incentives and benefits aimed at promoting exports.
Enhanced recognition and credibility: FIEO registration boosts an exporter's credibility and recognition in the international market, attracting potential buyers and fostering business relationships.
Networking opportunities: FIEO offers a platform for exporters to connect with industry experts, government officials, and fellow members, facilitating networking and knowledge sharing.
Policy advocacy and support: FIEO represents exporters' interests and advocates for them in policy matters. Registered members receive support in addressing export-related challenges.
The payment for the annual subscription of FIEO can be made through various methods including online payment, bank transfer, cheque or demand draft.
The validity of the FIEO certificate typically depends on the membership category:
Regular membership: The validity of the FIEO certificate for regular members is usually for a period of one year from the date of registration or renewal.
Lifetime membership: Lifetime members enjoy the benefit of a permanent FIEO certificate that does not require annual renewal.
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