FIEO Registration Form
Overview of FIEO Registration
FIEO is the acronym of Federation of Indian Export Organization. Ministry of trade and commerce and private trade and Industry jointly instituted FIEO in 1965. The main functioning of the Organization is to promote international trade and is responsible for representing and assisting entrepreneurs and exporters in a foreign market. Thus, FIEO is working actively to extend and enhance India’s market and exports.
The Organization represents the interest of government recognized exporting firms viz. Export House/Star Export House/Trading House. FIEO is not only involved in promoting the export of merchandise but also involved in promoting the export of services.
Types of Membership for RCMC Registration under FIEO
The membership rules of FIEO are governed by the Government of India’s Foreign Trade Policy and Memorandum and Articles of Association of FIEO. According to the foreign trade policy, an exporter needs to get the Registration- cum –Membership Certificate (RCMC) for availing the benefits provided to the Exporter under this policy. For Registration, FIEO has been recognized as Export Promotion council by government.
There are two kinds of membership for the registration of RCMC under FIEO:
The name here itself signifies that the membership is the basic membership and this form of membership will be for organizations that have recently entered into the export and import business.
The associate membership is for the organizations that have previously been in the export and import business over a long period of time. The charges imposed for the associate membership is more on the basis of the fee in additional to the nominal rate of GST.
What are the Services of FIEO?
The activities of Export Promotion of the Federation of Indian Export Organizations (FIEO) are as given below:
What are the Benefits of FIEO Registration?
Guidance Via Online Chat
Free Online Business
Subsidy On Air Travel
Easy And Affordable Credit Rating
Compliance with the Government
What are the Eligibility Criteria for RCMC registration?
The applicant should adhere the following criterion while applying to the FIEO for getting the RCMC certificate:
Merchandiser (Merchant) or Exporter
Declaration of the focal Line of Business
Consent from Board of the FIEO
Documents Required to obtain RCMC/FIEO Registration
Exporter obtaining RCMC can provide an application in the specified format as given in appendices register and can become a member of EPC.
For the purpose of becoming the member, the following documents are required to submit.
1. Application for Registration –cum- Membership, providing the business line information.
2. A self-attested copy of the Importer and Exporter Code (IEC) number.
3. Bank Statement of the applicant.
4. SSI/IEM certificate, where the applicant is in the business of manufacturing.
5 Declaration in relation to the export and import effected during precedent Financial Year.
A copy of Memorandum and Article of Association in case companies and where partnership firms are applicant then partnership deed needs to be submitted.
According to the Foreign Trade Policy, an exporter is required to get a Registration-cum-Membership Certificate (RCMC) for profiting different advantages under the Policy. For enrollment purposes, FIEO has been perceived by the Government as an Export Promotion Council.
Validity of RCMC/FIEO Registration
The RCMC shall be deemed to be valid from 1ST April from the licensing year and shall be valid for five years.
RCMC Registration under Export Promotional Council
India has total number of 26 Export Promotion Councils and 9 commodities board. EPC and Commodities Board are responsible to issue RCMC. Central government has given them the authority to issue RCMC to the exporters. Every EPC and the commodities board in India classify itself on the basis of type of products.
Implication Related to Change in Constitution of Business of RCMC Holder
- If there is an adjustment in possession, constitution, name or address of an exporter, it is compulsory for the RCMC holder to imply the change to the enrolling authority with a month from the date of such change. Enlisting authority acknowledges defers that are made on merits.
- Exporter outfits quarterly return/subtleties of the fares of various products to the concerned enrolling authority. In any case, the status holders likewise send quarterly come back to FIEO in the configuration that is indicated by FIEO.
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Registration Procedure for FIEO Registration
How to apply for Ordinary Membership for the RCMC registration?
There are two kinds of membership under the RCMC registration system. If the applicant is applying for the ordinary membership then compliance with the following steps have to be considered:
The first step for the merchant and exporter is to proceed online to the website https://www.fieo.org/index.php. The applicant will have the option to either click on the tab of membership. Then click on “how to apply for RCMC registration”. Besides this the application can be downloaded from the FIEO website from the download tab.
How to file an application for an Associate Membership under FIEO?
The instructions to be followed for filing an application for an associate membership:
1. Download the application form
2. Indicate the type of business
3. Fill in the details related to the business
4. Provide Documents
5. Provide the Letter of Authority
Frequently Asked Questions (FAQs)
Flat 10% discount on domestic and international flights booking
Exporter even receives a Visa Recommendation letter, for the complimentary basis for travelling to different countries on the business invitation.