Lately,the import and export business has been the fastest growing service sector in Nepal. The excessive import and export has pulled the business person to invest . The import and export&nbsp; business means a business relating to providing services to the consumers.&nbsp;Being an entrepreneur, if you want to&nbsp;<a href="https://www.biznestbazaar.com/buy-a-business">invest in the business</a> of import and export, then it can be registered as sole proprietorship (private firm) and company and industry.&nbsp;Kindly go through this link for further more information on sole proprietorship (private firm) registration process:&nbsp;&nbsp;<a href="https://www.biznestbazaar.com/blog/how-to-register-a-trading-business-private-firm-in-nepal">Biznest Bazaar | How to register a Trading Business (Private Firm) in Nepal?</a>&nbsp;&nbsp;Kindly go through this link for further more information on industry registration process:&nbsp;&nbsp;<a href="https://www.biznestbazaar.com/blog/industry-registration-process-in-nepal">Biznest Bazaar | Industry Registration Process in Nepal</a>&nbsp;Exim Code, stands for&nbsp;Export and Import Code. The code is issued by the&nbsp;<a href="https://www.customs.gov.np/">Department of Customs</a>,&nbsp;<a href="https://www.mof.gov.np/">Ministry of Finance</a>. It is the 13 digit government identification number to make the export and import process efficient and valid. It aims to regulate international trade.&nbsp;Lately, import and export has been increased in different aspects like importing raw materials, electronics, etc. So for the purpose of importing and exporting goods and materials, the Exim code is important. If you have no idea on how a business or manufacturer or goods gets the Exim code then this blog will give you a comprehensive idea on the registration process of Exim Code.Governing Laws:&nbsp;<ol><li><a href="https://cn.nepalembassy.gov.np/wp-content/uploads/2017/11/customs-act-2064-2007.pdf">Custom Act 2064</a> &nbsp;</li><li><a href="https://nepaltradeportal.gov.np/resources/docs/customs-rules-2065-2007.pdf">Custom Rules, 2065</a> &nbsp;</li><li><a href="https://customs.gov.np/storage/DoC/2079-80/Miscellaneous/%E0%A4%A8%E0%A4%BF%E0%A4%95%E0%A4%BE%E0%A4%B8%E0%A5%80%20%E0%A4%B5%E0%A4%BE%20%E0%A4%AA%E0%A5%88%E0%A4%A0%E0%A4%BE%E0%A4%B0%E0%A5%80%20%E0%A4%B8%E0%A4%99%E0%A5%8D%E0%A4%95%E0%A5%87%E0%A4%A4%20%E0%A4%A8%E0%A4%AE%E0%A5%8D%E0%A4%AC%E0%A4%B0%20%E0%A4%AA%E0%A5%8D%E0%A4%B0%E0%A4%A6%E0%A4%BE%E0%A4%A8%20%E0%A4%97%E0%A4%B0%E0%A5%8D%E0%A4%A8%E0%A5%87%20%E0%A4%95%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%AF%E0%A4%B5%E0%A4%BF%E0%A4%A7%E0%A4%BF%202079%20Final.pdf">Procedure for providing EXIM code 2079</a></li></ol>&nbsp;&nbsp;Also read:&nbsp;<a href="https://www.biznestbazaar.com/blog/a-comprehensive-guide-to-securing-startup-funding-in-nepal">A Comprehensive Guide to Securing Startup Funding in Nepal</a><h2>&nbsp;</h2><h2>Steps on registering Exim Code</h2><h2>&nbsp;</h2><h2>Step 1: Register the username in IMIS</h2>&nbsp;To create the username visit the link and register the user name.&nbsp;&nbsp;<a href="http://110.34.28.82:8484/user-registration">Get Submission Number</a>&nbsp;&nbsp;After you go through this link you will view the following page.&nbsp;<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd-7mgWXLHpJvdhBdj2I1x6HyW7YTyn_igSxUpgY3wkvTyRwaUGwbl30LuJcX9NoSU8zYo1kkHGSiVqlHq8eUSlO8038pcVpfwqa-FWcuSqOZb-noXgn3X2hmC7ZDPQrTnmUVls9vBl4AlQtB-qjIDOIgvotwF6-4MnpcvEKTVN-EC6bkFKkw?key=vWJWwvTQcx5fmwfUJ4xiow">&nbsp;&nbsp;You have to make sure to use your phone number and email address. You will get the submission number after filling it, keep it securely.<h2>&nbsp;</h2><h2>Step 2: Fill the details and upload documents</h2>&nbsp;After registration you will get a submission number and the other side of filing space will be available as application registration.&nbsp;&nbsp;<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeN1HJpe6kWbtt8GXpyP1g0qFoCnaq6Xx3JmoF2NrM0Y1VTYuXxiXMIa4GbTrQwiHaxLk7t1ndjLA99YJoG1qzPUeZlIgoBQNBdRbCaIoX2sUnS3k8T0BhV1l62moBg7q_dPI-bEurNR16Y9yO4HnAKYrNh-LoSn9Em2oJHcCzCu85d-Q2PoXw?key=vWJWwvTQcx5fmwfUJ4xiow" alt="C:\Users\Dell\AppData\Local\Microsoft\Windows\INetCache\Content.Word\app 1.png"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdLFmLYzkUwkBzJ8L8rt4szpOCRbH83is4rTJPPQGIksnuQdCWvf50d84zHBhQCokBCjTgxWbc8xFPvv3WAzyUdWF0y1S4yN5sgtfn4wl1N8WovdvdzcxLB3TCVyS61rOQln8t2cFbhzdVro5T2Bwz1zTU_rpBMVta_2NYQoE-Xf-XuEMlZRBw?key=vWJWwvTQcx5fmwfUJ4xiow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfFT2PxTJgMOcogMROm5Ehvm9RSY9ELTnVoG-4ta4yHIR8wjIBLJHtj4LM09e92qAZH21LlGzvDrwALqvMjQiaNS-x6VofEwJBqnDvEcsHhHxHxr5f3GOnAEtDmlPMd7x1xUBV60F_kF-ZMrDSf4alcjpCev3mWKuH8c9QlXf-u9D2IeWTfVi0?key=vWJWwvTQcx5fmwfUJ4xiow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfzNu-iw7ZoxDu46Jl-pDKKD0v8jyvvJfcnTLt1c5NCLS_B7RY43v6K5QdBtGLUIsmjFtMpXRHp9di7wSxkDINu30tkgwTdkJuKmvSVDkpKBz9f1tuoKyAjhFrXGXN-0FEmQ2gClmQZn9kCDyXFLuECOV6wQultuDwcxm7hiKwCbq2Wz5G8B_8?key=vWJWwvTQcx5fmwfUJ4xiow"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeWyjrjHhDV97ApW2nGFPkJU4FjvGVsdNKgIDIMytAkuAhP8jUhJ-aJM7y4ChppK8MRgUmlI7D16fkw_HICdHjG521X2v-rZvXJHmR0qMwPXR8EuBZd_tBnFFFPTIZPw0xo5tZAZXTSbAN95Wa_OUCcyVATI8b_idTHqfCI4z_6vYCJyq729Q?key=vWJWwvTQcx5fmwfUJ4xiow"><h3>&nbsp;</h3><h3>The list of documents needed are&nbsp;</h3>&nbsp;<ol><li>Company/ firm/. Industry who are willing to get EXIM code must:&nbsp;</li></ol>(i) Registered under the Department of Commerce, Supplies and Consumer Protection for export or import;&nbsp;&nbsp;(ii) Obtained licence for direct sale and distribution of goods from the Department of Commerce, Supplies and Consumer Protection under the Direct Sale of Goods ( Management and Regulation) Act, 2074; or&nbsp;(iii) In case of industry, registered under the Department of Industry, Government of Nepal by the Industrial Enterprises Act, 2076; or&nbsp;(iv)&nbsp; Registered in the relevant body and received a recommendation from the Department of Industry, Government of Nepal to obtain EXIM Code.&nbsp;2. Meets the minimum paid-up capital requirement;&nbsp;3. Obtained PAN (Permanent Account Number) certificate;&nbsp;4. Registered under VAT (Value Added Tax) in case of import of goods subject to value added tax; and&nbsp;5. No arrears of tax is required to be paid to the Government of Nepal.&nbsp;Also read:&nbsp;<a href="https://www.biznestbazaar.com/blog/franchise-agreement-15-essentials-you-need-to-know">Franchise Agreement: 15 Essentials You Need to Know</a>&nbsp;<h2>Step 3: Verification of Document by Department of Customs Office</h2>&nbsp;The office examines and verifies the documents uploaded.&nbsp;&nbsp;&nbsp;The uploaded document must include:&nbsp;<ol><li>Copy of the certificate and recommendation</li><li>Copy of certificate proving that the company/firm/industry meets minimum paid-up capital requirement; (Not required if involved in export only)</li><li>Copy of PAN certificate;</li><li>Tax clearance certificate issued by the office under the&nbsp;<a href="https://ird.gov.np/">Inland Revenue Department</a> where no arrears of tax are due;</li><li>Minimum 1 year of bank Guarantee of NPR 3, 00,000 (Nepalese Rupees Three Lakhs) from the Commercial Bank (A-Grade); (Not required if involved in export only)</li><li>Recommendation letter from the bank in the prescribed format where the applicant has a bank account; (Not required if involved in export only)</li><li>One recent passport-size photo of a person, proprietor, or head of the company.</li></ol>&nbsp;Note: All the documents must be scanned and uploaded on the official website of the Department of Customs.<h2>&nbsp;</h2><h2>Step 4: Issuance of EXIM code by Department of Custom office&nbsp;</h2>&nbsp;After the examination of all the documents, if it is deemed appropriate to provide a reference number, the department will issue the reference number within seven working days of receiving the application and will provide notification to the applicant through electronic means. However, a single individual will not be provided with more than one reference number.<h2>&nbsp;</h2><h2>Step 5: Receiving EXIM code certificate from Department of Customs</h2>&nbsp;The applicant will get the certificate of EXIM code registration. The applicant can obtain such a certificate by printing it themselves using a confidential code through the system, or they can collect it in person by visiting the department.&nbsp;&nbsp;Disclaimer:&nbsp;The information provided here is for informational purposes only and should not be considered as legal advice. Please consult with a qualified legal expert for professional legal opinions. You can also consult with our&nbsp;<a href="https://www.biznestbazaar.com/hire-professional">professionals</a> for further assistance.&nbsp;Also read:&nbsp;<a href="https://www.biznestbazaar.com/blog/advantage-of-buying-registered-business-in-nepal">Advantage of Buying Registered Business in Nepal</a>&nbsp;&nbsp;&nbsp;&nbsp;

Exim Code Registration Process

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