Introduction

If you have just formed or desire to start a new export-import firm, or if you work for a new export startup company, you are most certainly searching for RCMC (Registration Cum Membership Certificate) info online.

From all of us at Register Karo, we truly hope that your new endeavor turns out to be a major success. You have taken a great first step in our opinion.

You might possibly be a current exporter who is accessing this page because the application procedure has changed from a manual to a totally online approach as a consequence of new recommendations.

In this situation, however, the application method remains manual. You may also want to have a better knowledge of this new online method. This website is appropriate for both inexperienced and experienced exporters.

What is RCMC, precisely?

The term “RCMC” indicates that this is a certificate of registration or membership.

Let us look at from whom you need to obtain this membership certificate. Enrollment in the export promotion councils and commercial boards is mandatory.

However, what precisely are Commercial Boards and Export Promotion Councils? These are authorised government entities whose primary goal is to promote exports within a particular sector of the economy or product line.

There are now 39 Export Promotion Councils and Commodity Boards operating around the country. For example, APEDA handles agricultural commodities, EEPC (Engineering Export Promotion Council) handles engineering items, CHEMEXCIL handles chemicals, and PHARMEXCIL handles medicines.

Additionally, the highest authority for all of these councils is the Federation of Indian Export Organizations (FIEO). Therefore, when joining or registering with any of these 39 councils, you will be awarded an RCMC Certificate.

It is critical to remember that simply registering with your local Chamber of Commerce does not imply membership in the RCMC.

What does Pharmexcil stand for?

The Pharmaceuticals Export Promotion Council of India (PHARMEXCIL), an agency funded by the government, promotes and facilitates the export of pharmaceutical goods from India.

As part of an early look at foreign trade strategy, it was established in 2004 with the goal of helping Indian pharmaceutical companies expand their global reach and penetrate new markets.

Regulatory support, product registration, market research, fair trade participation, and other services are all offered by PHARMEXCIL to its members.

Businesses who want to export pharmaceuticals must register with PHARMEXCIL. The certification enables the company to participate in several government-sponsored export promotion initiatives.

PHARMEXCIL offers a plethora of services and tools that are beneficial to exporters. It also helps them overcome the obstacles that come with exporting medications to other countries.

Why is it necessary for exporters to register with PHARMEXCIL?

Foreign trade policy mandates that pharmaceutical exporters register with the PHARMEXCIL export promotion council of India in order to export their products.

A list of products that the PHARMEXCIL Export Promotion Council has approved for export is shown below.

Active Pharmaceutical Ingredients (API)
Herbal/Ayurvedic
Finished Dosage Forms (FDF)
Diagnostics
Herbal remedies
Medical Supplies
Supplemental food ingredients
Biologics
Unani
Siddha

Advantages of Registering with PHARMEXCIL

The following benefits are provided to pharmaceutical companies in India by the Pharmaceuticals Export Promotion Council of India, or PHARMEXCIL:

1. Obtain facts and insights on the market:

PHARMEXCIL provides helpful information on export possibilities, market trends, and regulatory requirements to Indian companies that might help them discover and target new markets.

2. Improving exportation:

PHARMEXCIL assists Indian companies in exporting by assisting them in obtaining regulatory licenses and resolving trade-related issues.

3. India-based marketing of products and services:

PHARMEXCIL promotes Indian pharmaceutical goods and services internationally by setting up exhibitions, trade events, and delegations. Indian companies may become more noticeable on the global stage as a result.

4. Opportunities for networking and collaboration:

PHARMEXCIL facilitates collaboration and technology transfer with foreign companies, which can help Indian firms acquire new technologies and expertise.

5. Development of capacity:

PHARMEXCIL provides training and opportunities for capacity building to assist Indian firms in improving their products and services and increasing their degree of competitiveness in the global market.

How can one register for Pharmexcil? What steps need to be taken?

There are four simple steps to complete the PHARMEXCIL registration process:-

Provide the necessary documentation.
applying and paying the necessary fees
Form submission to the appropriate department after completion
The prompt issuance of registration certificates

Note: The approval process from the appropriate authorities often takes up to 45 days.

Which documentation is needed to register with Pharmexcil?

DGFT Issues Import Export Codes (IEC)
PAN Card of the individual or organisation
A certification provided by the Industrial Assistance Secretariat as a prerequisite for an Industrial License
A copy of the drug licence of the corporation
A legally signed document including a short about the firm as well as a corporate brochure

How much does it cost to register an RCMC with PHARMEXCIL?

In regards to service providers and merchant exporters

The new RCMC Membership Fee of Rs. 12,000 + GST for Merchant Exporters and Service Providers, includes an initial admission charge of Rs. 6,000. The entire cost, GST included, will be 21,240 rupees.
The discounted charge for startups or SMEs that export goods for free is INR 6,000 for the new RCMC Certificate, plus an additional Rs. 1000 for membership and GST. This comes to a total of INR 8,260.

Business Registration

NGO

COMPLIANCES

Change In Business

BIS & CDSCO

Government Registration

FSSAI

Environmental

A Comprehensive guide on how to get RCMC from Pharmexcil

Shabana A

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