There is a question of many people that I do not have money, how will I export, the investment will seem very much if I want to export. My only request to them is export thinking and not money. If you start then you will get success.
If you have no money don’t worry, You can start working as a consultant, And if you have money then there is no limit for investing.
For those who have the background, it is not a task from the sea. Nowadays people have a lot of money but they don’t know where to invest. But, make sure some money require for minimum investment for import export business
Government has launched many schemes for the import-export trade
- Market Development Assistant Scheme
- Export Oriented Unit (EOU) Scheme
- Market Access Initiative(MAI) Scheme
- Service Export From India Scheme
Here, we provide you all types of costs.
Training costs For Import Export
If you are thinking of starting import export then you must have accurate knowledge about it. If you do an export-import business, then it is not a business to do step by step, for that you have to take a step and see the side with it.
And this requires training
If you want to train and you know Hindi
Click here for a free course by KISHAN SIR From BARAI OVERSEAS, RAJKOT.
If you know the Gujarati language then contact us. We available best training for you.
Some General Questions
Cost for firm registration for Import Export Business
According to the rules of our India, the Proprietor Company Private Limited Company Partnership Company LLP Company and OPC are in our Judgment Now, if you are new, then the proprietorship firm will be good for new startups.
Private Limited costs a little (around 20k-25k) more and has to follow a little more rules.
If you can afford it, you can go for private limited, PVT LTD has some more advantages from the government.
Initial Registration For Import Export Business
NOTE:- If you follow our advice, it would be better to register with CA(charter accountant).
- Business Formation
Now you have to make sure which company do you do the registration form?
- Current Account
Open a current account on your nearest bank, Banks that do business abroad.
- GST Registration
If you do registration with a charted accountant, then he will pay you for 500 rupees or 1000 rupees. If you want to register yourself, then you can apply by going to the official website of GST.
- IEC Code –500 rs
- RCMC (Registration cum Membership Certi) — Apeda 5900 rs
- FIEO click here
The annual (April-March) membership subscription under different categories is as under:
|1||Individual Exporter||Rs. 6,250/-|
|2||Multi-Products Group||Rs. 6,250/-|
|3||Multi-Product Group (Premier)*||Rs 7,000/-|
|4||Service Providers||Rs. 6,250/-|
|5||FTZ units/EOUs||Rs. 9,375/-|
|6||One Star Export House||Rs. 9,375/-|
|7||Two Star Export House||Rs.12,500/-|
|8||Three Star Export House||Rs.25,000/-|
|9||Four Star Export House||Rs.50,000/-|
|10||Five Star Export House||Rs.93,750/-|
|11||State Export Organization||Rs. 6,250/-|
The above fees is exclusive of 18% GST
- Phyto Reg for Foods –100rs
For extending the period of validity a fee of Rs. 100/- for consumption materials and Rs. 200/- for propagative plant materials. For import of soil, earth, clay and similar material any microbiological, soil mechanics, or mineralogical investigations and peat for horticultural purposes.
- Port Reg
- LUT (latter of undertaking)
- More(It is good if you work with CA)
Make sure you have at least 25k to 30k rs minimum investment for import export business