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How to Become a Member of FIEO

How to Become a Member of FIEO

FIEO’s membership rules are governed by the Government of India’s Foreign Trade Policy and FIEO’s Memorandum and Articles of Association.

Registration-cum-Membership Certificate (RCMC)

As per the Foreign Trade Policy, a Status Holder exporter is required to get a Registration-cum-Membership Certificate (RCMC) from FIEO for availing various benefits under the Policy. RCMC is also required for getting certain benefits from the Customs and Central Excise authorities. For registration purposes, FIEO has been recognized by the Government as an Export Promotion Council.

Exporters of Multiple Items

 

If an exporter desires to obtain an RCMC, he has to declare his main line of business in the application made to the Export Promotion Council relating to that line of business.


FIEO can issue the RCMC under its Multi Products Group Category, if the export products for which registration is sought fall under at least two product groups covered by two different export promotion councils. However, Registration with the Council concerned with his main line of business is compulsory in such cases.


Service Exporters


FIEO is the registering authority for Service exporters (providers) other than Service exporters of 14 specific services as listed in Appendix -2 of HBP Vol. I.

 

Exporters in State of Orissa

 

Orissa based exporters may obtain RCMC from FIEO Office in Bhubaneswar irrespective of product being exported by them.


Residual Products

 

In case an export product is not covered by any Export Promotion Council/Commodity Board, etc. RCMC in respect thereof is to be obtained from FIEO.

 

Advantages of Membership


By registering with FIEO, an exporter has the double advantage of getting the benefits under the Foreign Trade Policy, as also the benefit of FIEO’s services,
(click here for the gist of FIEO’s services), facilities, credentials, and global reach.


An exporter, who does not wish to obtain the RCMC and claim benefits under the Foreign Trade Policy, can still be enrolled as a member of FIEO under its Individual Exporter Category.

The annual (April-March) membership subscription under different categories is as under:

1

Individual Exporter

Rs. 6,250/- *

2

Multi-Products Group

Rs. 6,250/- *

3

Service Providers

Rs. 6,250/- *

4

FTZ units/EOUs

Rs. 9,375/- *

5

One Star Export House

Rs. 9,375/- *

6

Two Star Export House

Rs.12,500/-*

7

Three Star Export House

Rs.25,000/-*

8

Four Star Export House

Rs.50,000/-*

9

Five Star Export House

Rs.93,750/-*

10

State Export Organization

Rs. 6,250/-*

11

Banking Institute

Rs.12,500/-*

12

Trade Association/Chamber of Commerce

Rs. 6,250/-*

13

Export Promotion Council, Authority & Commodity Board

Rs. 6,250/-*

*Plus 14.50% Service Tax

New Member Entrance Fee is Rs.1000/- plus 14% Service Tax.

RCMC is issued for categories No.2 to 10 above.For the rest, a simple membership certificate is issued.

As the Registration & Membership is decentralized, exporters/desirous organizations are requested to file applications for membership with the concerned Regional Offices.

 
 
How to Become a Member of FIEO