Insurance Company/Broker License

  • ✅Legal Authorization: Operate your insurance business legally under IRDAI guidelines.
  • ✅ Credibility Boost: Gain trust and reliability in the market.
  • ✅ Business Growth: Expand your services with a range of insurance products.
  • ✅ Increased Revenue: Maximize earning potential through commissions and partnerships.
  • ✅ Regulatory Compliance: Stay compliant with industry laws and avoid penalties.

The Import Export Code (IEC) is a mandatory 10-digit business identification number issued by the Directorate General of Foreign Trade (DGFT) that allows businesses to engage in import and export activities in India.

Benefits of Import Export Code

  • Legal Requirement: Mandatory for international trade.
  • Global Market Access: Enables businesses to expand internationally.
  • Customs Clearance: Essential for hassle-free customs processing.
  • Government Schemes: Eligibility for export promotion subsidies and incentives.

Steps to Obtain IEC

  1. Online Application: Visit the DGFT portal.
  2. Document Submission: Provide PAN, Aadhaar, business proof, and bank details.
  3. Fee Payment: Pay the required government fee online.
  4. Approval & Issuance: Receive the IEC certificate upon successful verification.

What is Udyam Registration?

Udyam Registration is an initiative by the Government of India to recognize and provide benefits to Micro, Small, and Medium Enterprises (MSMEs).

Benefits of Udyam Registration

  • Financial Assistance: Access to government subsidies and credit facilities.
  • Tax Benefits: Avail of various tax exemptions and rebates.
  • Market Exposure: Participation in trade fairs and exhibitions.
  • Priority Lending: Easier access to loans and lower interest rates.

Steps to Obtain Udyam Registration

  1. Online Registration: Visit the official Udyam portal.
  2. Aadhaar Authentication: Use Aadhaar number for verification.
  3. Business Details Submission: Provide business name, type, and bank details.
  4. Certificate Issuance: Receive the Udyam certificate instantly.

Trademark Rectification FAQ's

The license is typically valid for three years and must be renewed before expiration.  

Operating without a valid license can result in heavy fines and legal action from regulatory authorities.

Yes, individuals meeting the eligibility criteria can apply for a broker license.

Patent protection lasts for 20 years from the filing date.

The minimum capital requirement varies based on the category of the license but generally starts from INR 50 lakh.  

Yes, having relevant experience in the insurance sector is typically a prerequisite for obtaining a license.  

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