In India, before starting an export business, you need to fulfill some government formalities. Documents formality depends on the goods or products which you want to export. Another important aspect is to find buyer. Portlogy can help you to find buyer around the world.
There are following mandatory government formalities, you need to fulfill before starting to export your goods or products:
- Register your business: Register your business as you like (proprietorship, firm, pvt, pvt. ltd. etc.).
- IEC Registration: You must have Importer Exporter Code (IEC) to export. Click here to know What is IEC and how to apply.
- Authorized Dealer Code registration: Authorized Dealer code is used in export of some goods in India. Government of India gives drawbacks to exporter on export of some goods to promote export business in India. After IEC Registration, you need to open a current account with bank for Authorized Dealer (AD) code. AD code issued by bank, AD Code is a 14 digits code. After AD code registration, you need to register your AD code with custom. There are following documents you are required to register:
- Letter regarding AD Code.
- IEC Code copy.
- You need to give a port name from where your goods are to be exported.
Take our help in finding buyer:
Finding buyer in overseas market is a major task in export business. Without getting buyer, an export business can’t be started. We can find buyer through our existing network, and amongst already existing buyers. You can contact us for free consultancy.
We will help you to find suitable buyer. Send us your product details. We provide free consultation for import/export business. Know more about how we can help in starting import and export in India.
Other tips to find buyer and supplier in overseas market by yourself:
Internet: You can find buyer and supplier ONLINE through our website that is like as a reflection of the firm. So update your website time-to-time and with necessary information of your products and upload the pictures, videos of manufacturing plants etc. This improves your reliability in international market. Search engine optimization (SEO) plays a big role to show the search contents of your website. It is a technique which is used for improving visibility and ranking of your website. Your website is like a mirror of your business. Write in detail about your products on your website.
Register your business on all website where you can find supplier/buyer for your product such as Alibaba (http://www.alibaba.com/) and Indiamart (http://www.indiamart.com/) etc. Join the social networking like twitter, Facebook, linked in etc. and be active by regularly posting product images and videos. Write articles about your products which will help to clear the information of your products.