Author: filinglounge

The number of business visionaries in India has been extensively expanding since the most recent twenty years. With regards to carrying on with work freely, the most ideal choice picked by business people is either Sole ownership or One-Person organization (OPC). Individuals regularly become mistaken for these two terms and use them reciprocally. Proprietorship or a One-Person company that as it may, these two terms are not quite the same as one another. Sole ownership is perhaps the most established type of carrying on with work. It is run and overseen by a solitary individual. Proprietorship or a One-Person Company…

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IEC, which represents Import-Export Code, is a 10-digit business recognizable proof number allocated to a merchant or exporter by the Directorate General of Foreign Trade (DGFT). It is just given in view of the Permanent Account Number (PAN) of a business. An IEC is a way to complete imports and commodities of any item or administration past the public limits. An individual can either acquire the IEC in their name or the name of the business. This code additionally empowers the merchants and exporters to profit from the product advancement committees and the DGFT. How to apply for an IEC?…

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