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RCMC Certificate (Fresh & Renewal)

Start your Private Limited Company (Pvt Ltd) Registration process online at the Reasonable Price.

₹ 9663 /-

excl of GST  

What is RCMC certificate (Fresh & Renewal)

The Registration-Cum-Membership Certificate (RCMC) is an important document provided by India's Export Promotion Councils (EPCs) and Commodity Boards. It recognizes a company as a registered member, allowing it to participate in various export promotion initiatives.

Fresh RCMC:
New exporters intending to enter international trade must apply for a Fresh RCMC. This entails submitting the proper documentation, including the Importer Exporter Code (IEC), to the appropriate EPC or Commodity Board.

RCMC Renewal:
Existing exporters must renew their RCMC in order to keep their export status. Renewal is usually done once a year and consists of updating information, checking compliance with export performance requirements, and submitting the renewal application to the issuing body.

Possession of a valid RCMC is required for enterprises seeking to take advantage of export incentives, promotional events, and other support mechanisms offered by EPCs and Commodity Boards in India.

Benefits of Registering as a RCMC

In India, registering for the online Registration-Cum-Membership Certificate (RCMC) opens the door to an extensive list of benefits. First and foremost, RCMC demonstrates an entity's registration as a registered member of an Export Promotion Council or Commodity Board, which improves credibility in international trade.

It provides access to a variety of export subsidies, promotional programs, and government initiatives aimed at promoting global trade. Participation in industry-specific events and seminars provides RCMC holders with significant market insights, trade data, and networking possibilities.

Furthermore, it promotes faster processes for obtaining export-related benefits and effectively addresses trade-related concerns. Overall, the RCMC is a strong instrument for enterprises, unlocking opportunities, offering a competitive advantage, and supporting growth in the ever-changing context of international trade.

Documents Required for RCMC registration

Application Form:
Fill up the application form provided by the local EPC or Commodity Board.
Identity Proof:
Provide a legitimate form of identification, such as a PAN card, passport, Aadhaar card, or voter identification card.
Address proof:
Submit documents proving the firm or individual's address. This could contain utility bills, lease agreements, or property registration documents.
Importer Exporter Code (IEC):
Provide a copy of the Directorate General of Foreign Trade's (DGFT) valid Importer Exporter Code (IEC).
Bank Certificate:
Provide a bank certificate validating the applicant's bank account details.
Business Registration Forms:
Submit relevant registration documents, such as the Certificate of Incorporation, Memorandum and Articles of Association, or Partnership Deed, for businesses.
Trade-related Documents:
Additional documentation linked to trade activities may be necessary depending on the nature of the firm. This could include sales invoices, purchase orders, or other pertinent commercial records.
Payment of Membership Fees:
Show proof of payment of the membership or registration cost, as applicable.

Procedure for registering the RCMC

Select the appropriate EPC or commodity board:
Determine which EPC or Commodity Board is appropriate to your business or trading activity.
Obtain an Application Form:
Obtain the RCMC application form from the EPC or Commodity Board of your choice. This form is generally available on their official website or at their office.
Fill out the application:
Fill out the application form with accurate and up-to-date information. Ensure that all relevant fields are filled out correctly.
Gather the following documents:
Gather all required documentation, as outlined in the application form or guidelines provided by the EPC or Commodity Board. This may contain evidence of identity, proof of address, Importer Exporter Code (IEC), bank certificate, and business registration documents.
Submit the Application:
Submit the completed application form, along with the appropriate documentation, to the EPC or Commodity Board's authorized office. Depending on the organization's regulations, this can often be done in person or through an online application site.
Payment of Fees:
Pay the RCMC registration fees. Fee structures vary, and information is typically included in the application requirements.
Application Processing:
The application will be processed by the EPC or Commodity Board, which may include document verification and assuring compliance with eligibility standards.
Issuance of RCMC:
The EPC or Commodity Board will issue the RCMC following satisfactory verification and approval.
Periodic Renewal (if applicable):
Keep track of the RCMC's validity period, and if it has to be renewed, follow the method outlined by the issuing body.

Compliance for Private Limited Company

1. Board Meetings and Annual General Meetings:
As part of their compliance requirements, private limited firms must hold board meetings and an annual general meeting (AGM). There must be a record of these meetings' minutes.
2. Certificates of Compliance:
These documents attest to an organization's compliance with a number of legal criteria and may be imposed of companies.
3. Modifications to the Company Structure:
Regulatory organizations should be notified of any modifications to the company's structure, including changes to the registered office address, share capital, or directors.
4. Event-Based Filings:
When a significant event occurs, like a name change or a modification to the articles of association, a corporation may be required to file an event-based report.

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