Foreign Exchange Compliances
In the era of globalization more and more business organizations are required to involve in multi-country business transactions such as import, export, Foreign Direct Investments (FDI), foreign remittance for expenses, or investment in business set up abroad, which are covered under the RBI / FEMA compliances. Corporates and Individuals continuously face challenges to comply with the regulations within the stipulated time, due to the complexity of the matter, fast-changing rules and regulations with regular updates and changes in RBI policy, rigorous penal provisions for non-compliance etc.
It includes chartered Accountants Certification for transactions prescribed in the FEMA/ RBI regulations, making prescribed applications to the Reserve Bank of India for various FEMA and RBI regulated transactions and advisory services related to FEMA / RBI matters.
We have a team of qualified professionals with long experience in handling RBI/FEMA matters in providing the following services:
⦁ Compliance with Foreign Direct Investment (FDI) regulations and getting regulatory approvals
⦁ Compliance of the procedure including chartered Accountants Certification for repatriation of income/assets from India
⦁ Making applications to the Reserve Bank of India for the purchase/sale of shares, debentures & securities and directly to and from Residents in India and outside India.
⦁ Transfer of shares from Indian residents to non-residents.
⦁ Setting up Joint Venture (JV)/ Partnership by NRI'S or persons of Indian origin.
⦁ Issue of Statutory Certificates under FEMA & RBI regulation.
⦁ Other Advisory Services on FEMA / RBI etc.
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