Import Export license in Pakistan Requirements
In Pakistan, the import and export of goods are regulated by the Trade Policy of the Government of Pakistan, and import/export licenses may be required for certain categories of goods.
Steps to follow to get Import Export License:-
To obtain an import/export license in Pakistan, you need to follow these steps:
1- Register your business with the relevant authorities. This includes registering your business with the Securities and Exchange Commission of Pakistan (SECP), obtaining a National Tax Number (NTN) from the Federal Board of Revenue (FBR), and registering for sales tax with the FBR.
2- Obtain an Import Export Code (IEC) from the Trade Development Authority of Pakistan (TDAP). The IEC is a unique identification number assigned to businesses engaged in import/export activities. To obtain an IEC, you will need to fill out an application form and provide supporting documents such as your NTN and bank account details.
3- Apply for an import/export license from the relevant authorities. The licensing authority will depend on the type of goods you are importing/exporting. For example, if you are importing food items, you will need to obtain a license from the Ministry of National Food Security and Research.
4- Comply with all regulations and requirements related to the import/export of goods. This includes obtaining any necessary permits or certifications, complying with customs regulations, and paying all applicable taxes and duties.
It’s important to note that the requirements and procedures for obtaining import/export licenses in Pakistan may vary depending on the nature of the goods being imported/exported and the regulatory agency involved. It’s best to consult with a qualified professional or contact the relevant regulatory agency for specific guidance on the requirements and procedures for your particular situation.
In Pakistan, import/export licenses are required for certain categories of goods that are being imported or exported. The process for obtaining an import/export license involves several steps, including business registration, obtaining an Import Export Code (IEC), applying for a license from the relevant authorities, and complying with all regulations related to the import/export of goods.