Mandatory Annual Filings
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The Ministry of Commerce, Government of India, established the Federation of Indian Export Organisations (FIEO) to supervise and promote India’s exports. The council, which has its main office in New Delhi, stands in for the entrepreneurial spirit of Indian business people on the international stage.
The FIEO Membership works actively to bring up the issues and challenges faced by exporters with the relevant agencies in order to have them resolved as soon as possible. Its main objective is to help members take their businesses global.
FIEO registration gives the exporters a proper guidance related to international exposure.
FIEO registration holder exporter has the access to necessary guidance through online chat on issues like FTP &aamp; corporate laws etc.
Portal like e-bay provides convenience to run free online stores to FIEO Members for 6 months & Amazon provide the same offer for 3 months.
FIEO registration helps the exporters to avail the benefit of 10% discount on all domestic & international air-tickets.
One of the prominent credit rating agencies CRISIL allows 10% discount on credibility analysis services for FIEO exporters.
An organization or company that has taken this registration then it will be mandatory for them to comply with the rules and laws of the Government.
Besides getting various forms of concessions from FIEO, updates concerning the foreign trade policy in India would also be granted. Any individual, who wants to avail different benefits from FIEO but does not go for RCMC certificate, has the option to still register as individual exporter.
1. Export Promotion and Market Development: FIEO organises trade fairs, exhibitions, buyer-seller meets, and business delegations to various countries. These activities help Indian exporters showcase their products and services to international buyers and explore new markets.
2. Trade Facilitation: FIEO provides information and guidance on various trade-related matters, including export regulations, customs procedures, documentation, and tariff rates. They work to simplify trade processes and reduce barriers for exporters.
3. Skill Development and Training: FIEO offers training programs, workshops, and seminars to enhance exporters’ knowledge and skills in areas such as international marketing, product quality and standards, export finance, and logistics.
4. Research and Market Intelligence: FIEO conducts research and provides market intelligence reports to help exporters understand global market trends, identify potential markets, and make informed business decisions.
5. Policy Advocacy: FIEO represents the interests of Indian exporters and interacts with government authorities to advocate for favourable trade policies, tariff structures, and regulatory reforms that benefit the export community.
6. Export Documentation and Certification: FIEO assists exporters in obtaining necessary certifications, licences, and documentation required for exporting goods and services.
7. Export Finance and Insurance: FIEO helps exporters access export financing options, export credit insurance, and other financial services to mitigate risks associated with international trade.
8. Networking and Business Support: FIEO facilitates networking among exporters, trade bodies, industry associations, and government agencies, creating opportunities for collaboration and partnership.
9. Technology Upgradation: FIEO encourages the adoption of modern technology and innovation in the export sector, promoting increased efficiency and competitiveness.
10. Export Awards and Recognition: FIEO recognizes outstanding exporters through awards and honours, encouraging excellence and innovation in international trade.
11. Trade Policy Analysis: FIEO analyses trade policies, international agreements, and economic developments to provide insights and recommendations to exporters.
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