Decide the product or service you want to trade
Study domestic and international demand for that product
Identify target export markets or import sources
Check legal restrictions, licensing, and compliance requirements
Register your business entity in India
Obtain a PAN card for the business
Open a current bank account in the business name
Apply for an Import Export Code from DGFT
Register on the ICEGATE portal if needed for customs-related work
Get GST registration if applicable
Understand HS codes and product classification
Check import duty, export duty, and applicable taxes
Learn about DGFT, customs, RBI, and FEMA rules
Identify suppliers, manufacturers, or buyers
Verify the credibility of trade partners
Negotiate pricing, payment terms, and delivery terms
Decide Incoterms for each transaction
Arrange product quality checks and sampling
Prepare required trade documents
Arrange packaging, labeling, and barcoding as required
Book freight forwarders and logistics partners
Choose sea, air, or land transport based on product and market
Obtain insurance for cargo if needed
Complete customs clearance procedures
File shipping bills for exports and bills of entry for imports
Comply with inspection, certification, and quarantine rules if applicable
Manage foreign currency payments and remittances
Maintain proper accounting and trade records
Use export promotion councils and trade fairs for market access
Apply for incentives or schemes if eligible
Start with small orders and scale gradually
Build a website, catalog, and trade profile
Create a system for customer service and after-sales support