FEMA Advisory

Foreign Exchange Management Act (FEMA) was established to facilitate business sectors for external trade & payments. On most issues related to the act, the Reserve bank of India (RBI) is the facilitator for navigating this act. RBI deals with clients through Authorised Dealers (ADs).

Often businesses find themselves at the wrong end of the act, especially if they have international linkages. Firms need help to answer critical questions around

What is allowed by law in India?
What is allowed by law in the specific overseas country?
Will there be complications later when a need for repatriating the money is required?
What periodic commitments arise because of doing a specific transaction now?

We help firms on

Inbound or Outbound current account transactions including imports & exports of goods & services, financing of such transactions.

Inbound capital account transactions across equity & debt that will include Foreign Direct Investments (FDI), External commercial Borrowings (ECB) and permissible investments by Non resident Indians.

Foreign Investments by Indian firms in both listed and unlisted firms.

Statutory Compliance under FEMA – staying on the right side of the act both in spirit and in letter.

Effective solutions to the clients to reduce the overload of foreign transaction taxes and dual payment on the same income under the FEMA laws.

Reserve Bank of India permission- Operational handling of e-filing, Forms & returns and foreign exchange tax filings through ADs with RBI.

Project office, Liasoning office and branch office establishment in India for overseas firms and setting up similar offices for Indian firms in overseas locations.

We bring in the expertise of having handled 100+ transactions for SMEs in this space.