Online FIEO Registration in India – Procedure, Documents, Eligibility, Fees

The Federation of Indian Export Organisations (FIEO) is an organization that represents the interests of India’s export community. FIEO’s aim is to promote & develop India’s international trade, with a focus on small and medium-sized enterprises (MSMEs).

FIEO provides a range of services to its registered member exporters, including market research, export documentation, trade fair participation, and export finance assistance.

Company registered with FIEO means that it is recognized by the organization as an exporter of goods & services. FIEO registration can also provide access to a range of benefits & resources that can be helpful for companies looking to expand their export operations.

We, the team at Monitrix, provide you with better service support so you can run your business hassle-free. In this article, we will provide complete insights about the FIEO certificate and how it will help to expand your business smoothly for export.

                 What is FIEO Certification and Membership

FIEO is one of the agencies authorized to issue Non-Preferential Certificate of Origin FIEO is recognised by the export promotion council of India to issue registration cum membership certificates to its members.

If an eligible exporter wants to take benefits of FIEO, then they are required to obtain RCMC certificate to avail export benefit under the foreign trade policy.

Types of FIEO membership

FIEO registration can be categorized the following types:

Ordinary Membership: As the name implies, ordinary membership is an entry level membership offered by FIEO to the small & new firms that are engaged in exports and imports in india.

Associate membership: Associate membership is an extended version of ordinary membership. It is usually available by the large exporters and importers or old members of the FIEO federation.

           Documents Required for FIEO RCMC Registration

For registration as an exporter apply through Online and followed by the following documents are required to be produced as hard copies.

• IEC Code certificate
• Letter of authority on organizations letterhead
• MSME/SSI/IEM certificate
• Self certificate for their Export houses as per eligibility criteria i.e. for, (one star export house, two star export house, three star export house, four star export house, five star export house or state export house )

Once RCMC is issued exporters can file an application in the to become a member of EPC (Export promotion council).

The following documents are required to submitted for EPC membership

• Bank Statement of the applicant
• Copy of MoA & AoA in case of company
• Partnership Deed in case of partnership Firm
• Self-attested copy of the IEC certificate issued by DGFT
• SSI/IEM/MSME certificate in case of manufacturer exporter
• Duly filed application for RCMC providing the details of business
• Declaration in relation to the export and import affected during the previous Financial Year.

                           Procedure for FIEO Registration

1. If an exporter needs an RCMC Certificate, they must list their main business line on the application they send to the relevant board or council.
2. If no council, board, or official can get your main line product, RCMC has to get it from the FIEO Officials.
3. Also, if an exporter has more than one item and isn’t on any EPC list and the main product hasn’t been settled yet, then the exporter needs to get RCMC from the Federation of Indian Exporters Organization.

                           Fee for FIEO RCMC Registration

The cost of membership or registration with the Federation of India export organization is dependent on the eligibility criteria of business/enterprise or depending upon the rating of respective export houses or Individual exporters.

The fee for FIEO registration is as follows:-

                      Eligibility for FIEO RCMC Certificate

Exporter/Merchant: The one of the most important criteria for applicants to have FIEO registration is that they must have an Import-export business in India and have a valid import export code certificate issued by DGFT for their respective export houses/businesses.
Declaration of the primary Line of business: The exporter or merchant provides details regarding their main line of business. For instance, if the main business is related to coffee, then the applicant must have appropriate consent from the respective boards. However, if the products are not encompassed by any board then the FIEO will be responsible for providing them export promotion
Consent From the Board Of The FIEO: The person applying must make sure they get the right permission from the right board or FIEO officials. If there isn’t a board for the product in question, FIEO will give you permission. The FIEO should give its permission for the same.

                               Benefits of FIEO Registration

Here are some benefits of being registered with the Federation of Indian Export Organizations (FIEO):

1. Increased credibility: Being registered with the FIEO can help improve the credibility of your business, as it demonstrates that you are a legitimate and professional export company.
2. Networking opportunities: As a member of the FIEO, you will have the opportunity to network with other export businesses and connect with potential partners and clients.
3. Access to export promotion services: The FIEO provides a variety of export promotion services to its members, including market research, trade fairs and exhibitions, and export counseling.
4. Advocacy and support: The FIEO represents the interests of its members and works to promote and support Indian exports. As a member, you will have access to advocacy and support from the organization.
5. Advocacy and support: The FIEO represents the interests of its members and works to promote and support Indian exports. As a member, you will have access to advocacy and support from the organization.

                                              Conclusion

It is generally beneficial for an export business in India to be registered with the Federation of Indian Export Organizations (FIEO). Registration with the FIEO can increase the credibility of your business, provide networking opportunities, and give you access to a variety of export promotion services.