ComplyKart Services
RCMC is mandatory for company engaged in Import Export Business of restricted items and availing benefits under Foreign Trade Policy.
Package inclusions:
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Consultation by Experts
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Application Drafting
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Filing of Application with Department
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Regular Follow-up
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Fees and packages for rcmc license
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RCMC License
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RCMC License Package Inclusions
- RCMC application with the relevant Export Promotion Council
- IEC and product-line documentation
- Council fee payment and tracking
- RCMC certificate handover
- Export benefit scheme checklist
Overview
RCMC Registration
RCMC is acronym of Registration Cum Membership Certificate. Registration Cum Membership Certificates is a certificate given by Export Promotional Councils (EPCs) or Commodity Boards of India. RCMC is a permission to the exporters dealing with the products which are regulated by organizations authorized by the Indian Government. Normally exporters get RCMC registration to avail the benefits extended under Foreign Trade Policy like Duty Drawback, Duty Credit Scrips etc.
Exporter willing to obtain RCMC, are required to deliver their main line of business in application by submitting the Aayat-Niryat Form, which shall be made to Export Promotion Council or Commodity Board relating to that line of business. It is mandatory to obtain this certificate by all the firms and the companies who desire to apply for the IEC and avail the benefits of FTP but those who are exempted under the Export Import Policy they are not required to obtain the Certificate.
Exporters has to furnish the quarterly return/ details of the exports of different products to the competent registering authority, however, the status holder has to also send the quarterly returns to FIEO in the format that is specified by FIEO. Prospective or potential exporters may also file an application to become an associate member of EPC.
An Exporter has an option to obtain RCMC from Export Promotion Council or Federation of Indian Exporters organizations. There are total 26 Export promotion Council and 9 commodities board all over the country, Central Government authorizes these institutions to issue RCMC to an exporter. Certificates of Registration issued by the Spices Board & Coir Board as an Exporter of spices and coir products are treated as Registration-Cum-Membership Certificate (RCMC) for the purposes of this Policy.
Compliance after RCMC Registration
The License holders are required to submit a quarterly return of their exports of different commodities with the concerned registered authority. In case, the license holder is also registered with FIEO, then quarterly report is also required to be sent to FIEO in the specified format. In case of any change in ownership or constitution of business or address of exporter they will inform to the authority within 1 month of such change.
Competent Authority For RCMC
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In case the Export product is not covered under any Export Council or in case of multi-product export, RCMC License can obtain by Exporters from Federation of Indian Exporters Organizations.
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If the exporter deals with the forest produce and value added products he can obtain the RCMC Registration from Shellac and Forest Products Export Promotion Council (SHEFEXIL).
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If the exporter dealing with the software have to get themselves registered with Electronic and Computer Software EPC (ESC).
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If the exporter dealing with the 14 listed services then it has to be register with the services of Export Promotion Council (EPC) whereas other exporter required to register with FIEO.
Benefits
Benefits of RCMC Registration
Open each benefit to see what it means for you.
Connect Globally
With the registration of RCMC, the exporter will connect globally and become part of worldwide network of importers and exporters and chance to do business not only in India but at rest of world also.
Help in Exportation
Being part of export promotion council will make it easy for members to deal with certain issues regarding exportation.
Enhanced to the other markets
RCMC holders will have the opportunity to interact with other promotional events and be part of various exhibitions.
Benefits of Various Government Incentives
Exporter can avail various benefits provided by Export Promotion Council all certificate holders are also able to avail various incentives and promotion schemes from Government.
FTP
Exporters holding RCMC license avail the benefits of Foreign Trade Policy (FTP) such as duty drawback, duty credit scrips etc.
Documents
Documents Required
Clear, current documents matter more than a long checklist. Names, dates of birth and addresses should match across records.
Documents Required
Process
Procedure for Registration of RCMC
You’ll see each stage, what’s pending and what we need from you — so filings don’t bounce back.
Application Form
Our RCMC Experts will file the application Form for the traders in the format prescribed by the department.
Application Filing
Our Experts will prepare the documents and submit it with the APEDA department for further registration and provide the required details.
Fee Payment
Fees is paid which is prescribed for the RCMC registration, and application number is received on successful payment and scrutiny of documents.
Follow Up with Department
Our Experts will keep tracking the application status and follow up the application with Department to ensure quick RCMC Registration.
Why ComplyKart
How ComplyKart helps in this Entire Process
You should know who’s doing what. Open a stage to see how the work is shared.
Consulting & Strategy
We have a selective team of Professionals who are expert in their respective fields. We will provide you the best consul...
Client’s growth
Our services are aimed at achieving growth for clients. We can provide necessary guidance for understanding the Registra...
Competence is our strength
We make every effort to stay updated with the rules and regulations by DGFT Department. This enables us to deal with cli...
Always there for you
The assurance of a dedicated workforce including support staff and managers can be a promising factor in RCMC Registrati...
Post Registration Compliance
We you get the RCMC registration we help you to comply with certain rules to keep your business running.
If a founder or investor is outside India
Foreign ownership is possible in many sectors, but it adds document authentication, banking and FEMA work. Set the route before funds move.
Plan before you start
- Check whether your sector permits automatic-route foreign investment
- Confirm the Indian resident director arrangement
- Map ownership, beneficial ownership and pricing
- Allow time for apostilled or consularised documents
Plan for after setup
- Receive funds through permitted banking channels
- Complete RBI/FEMA reporting and keep the bank evidence
- Coordinate tax and ongoing compliance advice early
What clients say about working with us
Real stories from businesses we've worked with.
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