With the increasing globalization of businesses, compliance with the Foreign Exchange Management Act (FEMA), 1999 has become crucial for companies, NRIs, and individuals involved in crossborder transactions.
Our firm provides expert FEMA advisory and compliance services to help clients navigate the complex regulatory framework governing foreign exchange in India.
1. FEMA Advisory & Consultation
WWe provide expert advice on various foreign exchange transactions and compliance requirements under FEMA and RBI guidelines.
Includes:
- Advisory on inbound and outbound investments
- Structuring of foreign transactions under FEMA norms
- Guidance on permissible capital and current account transactions
- FEMA compliance for NRIs, foreign companies, and joint ventures
2. Foreign Direct Investment (FDI) Compliance
We assist clients in adhering to FDI regulations and reporting requirements as per RBI and FEMA provisions.
Services Include:
- FDI advisory and transaction structuring
- Preparation and filing of forms (FCGPR, FCTRS, etc.)
- Valuation of shares and issue of securities to foreign investors
- Annual Return on Foreign Liabilities and Assets (FLA filing)
3. External Commercial Borrowings (ECB) & Overseas Investments
Our professionals help businesses raise and manage foreign borrowings while staying compliant with FEMA and RBI regulations.
Includes:
- Advisory on ECB eligibility, limits, and enduse restrictions
- Assistance in obtaining RBI approvals for ECB and overseas investments
- Reporting and filing of ECB returns
- Structuring outbound investments through Joint Ventures (JVs) and Wholly Owned Subsidiaries (WOS)
4. NRI & Remittance Services
We offer complete assistance to NonResident Indians (NRIs) for managing remittances, repatriation, and asset compliance under FEMA.
Covers:
- Repatriation of funds, dividends, and sale proceeds
- Advisory on NRO/NRE/FCNR accounts
- Tax implications of remittances under FEMA and Income Tax laws
- Assistance in filing necessary RBI declarations
5. Compliance & Reporting Under FEMA
Ensure accurate and timely filing of FEMArelated reports and declarations to avoid penalties and scrutiny.
Include:
- Reporting of foreign investments, transfers, and remittances
- Annual compliance under FEMA and RBI Master Directions
- Assistance in response to FEMA notices or RBI queries
- Liaison with Authorised Dealers (AD Category Banks) and RBI
6. Liaison / Branch / Project Office Setup
We help foreign entities establish a presence in India under the correct FEMA framework.
Services Include:
- Obtaining RBI approval for setting up Liaison, Branch, or Project Offices
- Assistance with registration, bank accounts, and initial compliance
- Ongoing reporting and closure formalities
7. FEMA Representation & Legal Support
We represent clients before competent authorities in FEMArelated matters, showcause notices, and compounding proceedings.
Includes:
- Preparation of replies and documentation
- Liaison with Enforcement Directorate (ED) or RBI
- Filing for compounding of offences under FEMA
- Advisory on penalty mitigation and regularization of past defaults