What is AD Code Registration?

AD Code (Authorized Dealer Code) Registration is the process of obtaining a unique code from a bank authorized by the Reserve Bank of India (RBI) for foreign currency transactions. It is mandatory for businesses involved in import and export to register their AD Code with customs to facilitate foreign exchange dealings and ensure smooth processing of international payments. The AD Code is printed on shipping bills and linked to the IEC (Importer Exporter Code).

Why is AD Code Registration Important?

AD Code registration is vital as it ensures that export proceeds are received legally and payments are routed through RBI-authorized banks. Without a registered AD Code, exporters cannot clear shipments through customs or receive foreign payments. It helps track foreign currency inflows and ensures regulatory compliance in international trade.

Key Benefits of AD Code Registration:

• Mandatory for Export Clearance: Essential for customs clearance of export shipments.
• Simplifies Foreign Transactions: Ensures smooth receipt of export proceeds through authorized banks.
• Legal Compliance: Ensures adherence to RBI guidelines for foreign currency transactions.
• Direct Payments: Enables direct routing of export payments to the business’s bank account.
• Enhanced Credibility: Establishes a legitimate presence in international trade operations.

Why Choose KGTAX for AD Code Registration?

KGTAX simplifies AD Code registration with professional guidance and end-to-end support. Our team ensures accurate documentation, bank coordination, and proper registration with customs authorities, preventing compliance issues. By choosing KGTAX, businesses benefit from faster registration, reduced paperwork, and complete support for seamless foreign exchange transactions.

Steps to Get AD Code Registration with KGTAX:

• Contact Us : Share your business details.
• Document Collection : We help you gather the required documents.
• Application Filing : Our experts will file your AD Code Registration.
• License Approval : Receive your AD Code certificate and start operating legally.