Overview of FIEO Registration

The acronym FIEO stands for Federation of Indian Export Organizations. The Ministries of Trade and Commerce and Private Trade and Industry established FIEO in 1965. The organization's primary function is to promote international trade and to represent and assist entrepreneurs and exporters in foreign markets. As a result, FIEO is actively working to expand and improve India's market and exports.

The FIEO represents all Indian entrepreneurs who are involved in the export-import market. The FIEO serves as the governing body for all export promotion organizations in India. As a result, it works with the Government of India to promote Indian exports.

An exporter can reap significant benefits from FIEO registration. Global exposure, thorough guidance on key areas of global trade such as Foreign Trade Policy (FTP), and various concessions to MSMEs are among the key FIEO membership benefits.

Types of Membership for RCMC Registration

FIEO consists of two types of membership for RCMC Registration -

Ordinary Membership - As the name implies, this membership provides basic membership, which simply means that this type of membership is only appropriate for a company that has just begun its import and export business.

Associate Membership - The associate membership is probably the best fit for companies that have more experience and have been in the import and export business for a long time. Fees for this type of membership include the fees plus a nominal GST.

Services of FIEO

The export promotion activities of the Federation of Indian Export Organization (FIEO) are given below:

• FIEO publishes a weekly e-bulletin to keep traders up to date on global developments affecting international trade as well as information about the country's foreign trade.
• It is a knowledge platform for MFN Tariffs, Preferential Tariffs, SPS/TBT, and Rules of Origin of 65 countries, Import statistics of 87 countries, and India's contribution to imports that is available online for free on the Indian Trade Portal.
• On the FIEO website, the council has two more chat services to clarify questions about Corporate Legal Affairs, Arbitration, International Agreements, Technology Transfer, Patents, Trade Marks, Brand Management, Copyright, and related topics, as well as questions about quality standards.
• The FIEO website contains press clippings on international trade issues.

Benefits of FIEO Registration

The Federation of Indian Export Organizations (FIEO) offers the following benefits to members:

RCMC: The FIEO provides both status and non-status holders with a Registration-cum-membership certificate (RCMC) under the Multiple Product Category, which they can use to earn benefits under the Foreign Trade Policy.

MAI Grant: FIEO provides Market Access Initiative Scheme grants to eligible members who participate in international exhibits, trade fairs, and delegations, as well as subsidized booths at international exhibitions. FIEO exhibits at approximately 50 well-known exhibitions around the world in a given year.

Hosting on the FIEO website: FIEO members can submit product images for free to the organization's official website. On the FIEO website, members can also create a searchable profile.

FIEO Search Engine: The FIEO website includes a search engine that allows buyers to find Indian exporters who deal in a variety of products. Only the names of FIEO members are published, and buyers can contact member exporters directly.

Eligibility criteria for RCMC Registration

The applicant must adhere to the following criteria while applying to FIEO for obtaining an RCMC certificate:

A trader or an exporter

This is one of the most important prerequisites for establishing an export business in India. Aside from that, the exporter must ensure that they have applied for the Import Export Code (IEC) with the appropriate authority. The DGFT is the IEC's authority (Director General of Foreign Trade).

Declaration of the Primary Business Line

The merchant or exporter must specify their primary line of business.

The FIEO Board of Directors has given its approval.

The applicant must ensure that the relevant consent is obtained from the FIEO or the relevant board. If there is no specific board for the product in question, the applicant must apply to the FIEO for permission.

Documents Required to obtain RCMC/FIEO Registration

The following are the required documents for FIEO Registration:

• Registration-cum-Membership-Certificate application form of respective EPC, duly completed and signed. (To obtain forms, contact them.)
• IEC Number self-certified copy
• Copy of Permanent Account Number that has been self-certified (PAN)
• Self-certified copy of the company's Memorandum of Association (For Corporate/Institution/Private Limited/Limited company).
• Self-certified copy of the Trust Deed (For Trusts/Institutions/Corporations).
• If the name of the signing authority is not mentioned in the company's/firm's/IEC/MOA/Partnership Trust's Deed/Trust Deed, a self-certified copy of the Board Resolution or
• Copy of the GST registration certificate that has been self-certified.

Registration Procedure for FIEO Registration

An exporter wishing to obtain an RCMC must declare his primary line of business in his application to the Export Promotion Council identifying with that line of business.

If the fare item is not secured by any Export Promotion Council/Commodity Board, etc., RCMC must be obtained from FIEO.

If a multi-item exporter is not registered with any EPC and the primary line of business is not yet established, the exporter must obtain RCMC from the Federation of Indian Exporters Organization (FIEO).