FIEO Registration | Documents | Procedures | Time Taken

Overview

Established in 1965, the Federation of Indian Export Organisation (FIEO) plays a pivotal role in advancing the export landscape. The key feature of FIEO is to provide comprehensive, supportive, policy input and training for exporting and promoting international trade. Under the FIEO, there is a membership certificate that helps exporters to promote their exporting by getting the e-RCMC from FIEO. This article has discussed how to obtain the FIEO certificate, eligibility criteria, documents and time taken.

What is a FIEO Registration?

FIEO is the acronym of Federations of Indian Export Organisations that was established in 1965 by the Ministry of Trade and Commerce with private trade and industry, serves as the pivotal institution for promoting international trade. This registration helps exporters to promote the business internationally and takes up the problem and difficulty of exporters with the concerned agencies for early resolution.

Types of FIEO Membership

Here’s the types of FIEO membership, which are as follows:

1. Ordinary Membership: Ordinary membership is the entry level membership that are small & new firms that are engaged in exports and imports in India.
2. Associate in Membership: Associate membership is the extended membership of ordinary membership. This is used for large exporters and importers of old members of the FIEO federation.

Benefits of FIEO Registration

Following are the benefits of obtaining the FIEO registration:

• Obtaining the FIEO certificate helps to collaborate with global partnership and a door to new markets.
• FIEO issues Registration-cum-membership certificate (RCMC) to status holders as well as non-status holders (under Multiple Product Category) which can be used to obtain benefits/concessions under the Foreign Trade Policy.
• FIEO disburses MAI grants to eligible members participating in exhibitions/trade fairs/delegation abroad organized by it and also provides booths at subsidized cost to its members in overseas exhibitions. FIEO participates in around 50 well renowned exhibitions in a year world over.
• FIEO provides a platform to members to discuss issues with various authorities like excise, customs, DGFT, etc. Regular meetings are organized with the decision makers so as to solve the problems faced by exporters.
• FIEO issues Certificate of Origin to members and issues Visa Recommendation Letters to members to facilitate their overseas travel.

Eligibility Criteria for FIEO Registration

Before deciding to obtain the FIEO registration to promote trade and commerce, it is important to know the FIEO registration. This exporting entitlement is extended to Merchant Exporters, Manufacturer Exporter, Merchant cum Manufacturer Exporter, and Service Providers. Here’s the list of eligibility criteria for FIEO registration:

1. If the primary product is not fully determined, then exporters can export their different types of product through obtaining e-RCMC from export.
2. Exporters who are eligible for e-RCMC due to some reasons, can also join FIEO.
3. Exporter must belong to Indian origin.
4. Membership fees will rise according to the turnover slab of exporters.
5. If the exporter’s product doesn’t covered under any Export promotion Council, then the RCMC must be obtained from FIEO.

Documents required for FIEO Registration

Here’s the list of document required for FIEO registration:

1. IEC Certificate
2. PAN Card
3. GST Certificate
4. Bank statement of the business
5. Certificate of Incorporation
6. Address of business entity

Fees Structure of FIEO Registration for Exports

Here’s the fees structure of FIEO registration for exports, that are as follows:

Note that the above fees is exclusive of 18% GST

Here’s are some conditions for becoming the member of FIEO:

• Those Companies with annual turnover equal to or more than Rs 5.00 Cr will have to Register as Premium Multi-Product Group / SEZ / EOU / Service Provider Category.
• Members are entitled to a 10% discount if membership is paid for five years in advance and in case paid for three years in advance, the discount will be 5%.
• One time processing fees of Rs. 1000/- + 18% GST will be charged for Issuance of e-RCMC to a New Member.

Applying for FIEO Membership Certificate

Here’s are some basic conditions to apply for FIEO membership certificate:

• In case / Commodity Board, e-RCMC in respect thereof is to be obtained from FIEO an export product is not covered by any Export Promotion Council.
• In case of multi product exporters, or where the main line of business is yet to be settled, the exporter may obtain e-RCMC from Federation of Indian Exporters Organisation (FIEO).
• Members of other EPCs can also obtain e-RCMC from FIEO, optionally, to strengthen and benefit from the services of FIEO.

How to get a FIEO Registration ?

Here’s the step-by-step procedures for obtaining the FIEO certificate:

• Step 1: Consult Our Team Bizfoc: If you want to register under FIEO registration, for the necessary procedures or to investigate, enquire or have a simple doubt, you can contact our professional experts. Our Bizfoc team experts will help you to navigate all your doubts, inquiries or even investigation regarding FIEO registration via email or even just a call away.
• Step 2:> Gather the Documents: On deciding, you need to collect all the documents for registration to at least proceed the process for obtaining an FIEO Certificate. Documents such as IEC registration, GST registration, manufacturing license for registering under FIEO online in India.
• Step 3: Submit the Application and pay Fees: After ensuring that you’re grounded and become satisfied with your doubts, you pay the registration fees along with the application. For filing the application, you don’t need to fill out the application solely. For sure, you will get the complete assistance for filing your online application form from our team experts. You just need to tell us required details as and when required.
• Step 4: Verification and Approval: On getting your application to concerned authorities, they shall verify your documents if any errors or any discrepancy found in. If the authorities won’t spot any difference, they will pass the application and hence approve the application.
• Step 5: Issuance of FIEO Certificate: After the application is scrutinized by the regulatory authority, they will issue the FIEO certificate in the name of the concerned applicant (exporter).

Validity and Renewal of FIEO Registration

The validity of FIEO registration is for 5 years from the date of issuance from 1 April to 31 March. The exporters need to make sure that their FIEO registration should renew before the arrival of the expiration date.

Time Taken to Obtain FIEO Registration

The time taken to obtain a FIEO membership certificate can take around 7-10 working days from the date of application.

Why choose Bizfoc for a FIEO Registration?

Here are the top five reasons why you should choose Bizfoc for registering themselves under FIEO membership Certificate Online:

• Hassle-free procedures
• Cost-effective solution
• Respond to all your queries and doubts via communication mediums
• Free assistance of experts
• Proven success

We, the team of Bizfoc experts, will help you to overcome the problems via communication mediums regarding FIEO Certificate online. You can either contact us by way of email or direct phone number to get connected to our experts without any hesitation. So, for registering under FIEO Certificate for trading goods, get free assistance today to proceed with your application successfully by undergoing hassle-free procedures.

Conclusion

FIEO membership certificate helps to promote international trade and also helps workers to promote the international trade of exporters. In this registration process, exporters can easily avail e-RCMC directly from FIEO rather than the Export Promotion Council. For the quick registration of FIEO registration, you need to know about the documents, eligibility criteria, validity, time taken and fees to complete your need. To obtain the FIEO registration in India, an applicant needs to first consult with their expert advisor so that the certificate will be issued with the support of our expert team.

Frequently Asked Questions