Export House Certification DGFT Consultancy Services India | YKG Global
Export House Registration is a critical step for businesses looking to establish themselves as recognized exporters under the DGFT Star Export House Certification program. This status enhances credibility and provides various benefits to streamline trade operations. YKG Global, with decades of expertise, offers comprehensive export consulting services, assisting exporters with the Export House Certificate DGFT registration and ensuring full compliance with the Foreign Trade Policy.
What is an Export House Certificate?
The Star Export House Certificate is an export promotion scheme governed by the Foreign Trade Policy (FTP). It recognizes exporters with exemplary export performance, contributing significantly to India’s foreign trade. This certification applies to businesses involved in exporting goods, services, and technology.
The program categorizes exporters into various star levels based on the value of their exports, rewarding them with significant advantages to encourage trade growth.
Eligibility for Export House Status Holder
To become a Status Holder, exporters must meet export performance criteria based on the FOB/FOR value of export earnings in the current and preceding financial years. Businesses are categorized into five levels based on their export value:
- One-Star Export House: Minimum export value of USD 3 million.
- Two-Star Export House: Minimum export value of USD 25 million.
- Three-Star Export House: Minimum export value of USD 100 million.
- Four-Star Export House: Minimum export value of USD 500 million.
- Five-Star Export House: Minimum export value of USD 2000 million.
Each level offers specific benefits and recognitions, incentivizing businesses to scale their export operations.
Benefits of Star Export House Status
Obtaining an Export House Certificate comes with numerous advantages, including:
- Faster Customs Clearance: Exporters enjoy self-declaration privileges, eliminating the need for frequent authorizations.
- Bank Guarantee Exemption: Reduced financial requirements under export promotion schemes.
- Priority Processing: Expedites customs procedures, input-output norms, and other trade formalities.
- Preferential Treatment: Star exporters are prioritized by agencies for handling consignments.
- Accredited Clients Program: Three-star and higher exporters gain customs perks through this initiative.
- Double Weightage: Certain businesses, such as MSMEs or those in Agri Export Zones, enjoy relaxed performance criteria for One-Star Export House status.
- Reduced Documentation: Exemption from mandatory bank negotiation for export documents.
These benefits enhance operational efficiency, reduce costs, and improve the overall ease of conducting international trade.
Eligibility Criteria for Export House Registration
To qualify for Export House Status, businesses must meet the following criteria:
- Possess a valid Import-Export Code (IEC).
- Demonstrate consistent export performance over the past two out of four financial years.
- Adhere to sector-specific benchmarks, such as relaxed performance criteria for the Gems & Jewellery sector.
Businesses in specific regions or industries may also qualify for additional benefits under the scheme.
Documents Required for Export House Certification
The following documents are necessary to apply for Export House Registration:
- Certificate of foreign exchange earned for services.
- Export performance certificate or equivalent documentation.
- Valid IEC (Import Export Code).
- Additional trade documents as required by DGFT.
Why Choose YKG Global for Export House Registration?
YKG Global is a leading provider of export and import consultancy services, with over 40 years of experience in the field. Our team of 50+ export license consultants specializes in helping businesses achieve their export goals.
Our Services Include:
- Eligibility Assessment: We evaluate your export performance to ensure you meet the benchmarks for DGFT Star Export House Certification.
- Document Preparation: From compiling necessary documents to drafting accurate applications, we manage the paperwork seamlessly.
- Regulatory Compliance: Our experts navigate complex DGFT regulations, ensuring compliance at every stage of the process.
- Application Submission: We handle the submission of your Export House Certificate application to the relevant authorities.
- Post-Certification Support: Beyond obtaining the certificate, we provide ongoing support to help you leverage export benefits and stay updated with regulatory changes.
About YKG Global
Established in 1981, YKG Global is a pioneer in providing business consulting and regulatory services. With a robust network of foreign trade consultants, we have successfully assisted thousands of businesses in scaling their export operations. Our team specializes in offering personalized export advisory services tailored to your specific business needs.
Why YKG Global?
- Expertise: Decades of experience in international trade and export consulting.
- Efficiency: Seamless processes to reduce time and effort.
- Comprehensive Services: From import export business consultants to export license consultants, we cover all aspects of trade compliance.
- Nationwide Presence: Offices across major cities like Mumbai, Pune, Delhi, Chennai, and Hyderabad.
At YKG Global, we take pride in delivering unmatched export consulting services that empower businesses to thrive in global markets. Whether you’re a seasoned exporter or entering international trade for the first time, we ensure a smooth journey to obtaining your Export House Certificate.
Contact us today to take the first step towards becoming a recognized exporter under the DGFT Star Export House Certification program.
