Advance authorization scheme for exports
Fema Experts
FEMA Experts
FEMA Advisory
FEMA Advisory
Current Account Transaction
Current account transactions refer to international payments related to trade, remittances, travel, education, or other personal and business needs, excluding capital investments. Our consulting services provide expert guidance to businesses and individuals navigating these transactions, ensuring compliance with regulatory frameworks like FEMA (Foreign Exchange Management Act) and optimizing financial strategies for smooth cross-border operations.
We Assist With:
Trade Payments: Support for import/export documentation and payment structuring.
Travel and Remittances: Guidance on permissible limits, approvals, and currency exchange rates.
Education and Medical Expenses: Seamless handling of foreign currency needs for studying or medical treatment abroad.
Regulatory Compliance: Ensuring adherence to rules governing outward remittances and reporting obligations.
Our team’s expertise ensures that your transactions are secure, efficient, and aligned with all regulatory requirements.
FEMA Advisory
Capital Account Transaction
Capital account transactions involve cross-border investments, such as the transfer of capital, acquisition of assets, borrowing, lending, or equity participation. Our consulting services specialize in guiding businesses and individuals through the complexities of these transactions, ensuring compliance with regulations like FEMA (Foreign Exchange Management Act) and RBI guidelines while optimizing financial strategies.
Key areas of assistance include:
Foreign Direct Investment (FDI): Structuring and regulatory guidance for inbound and outbound investments.
Overseas Direct Investment (ODI): Assistance with capital remittance, approvals, and reporting.
Borrowings and Lending: Advisory on External Commercial Borrowings (ECB) and cross-border loans.
Property and Asset Transactions: Compliance guidance for acquiring or selling assets internationally.
Regulatory Filings: Support for RBI filings, approvals, and compliance reporting.
Our expertise ensures your capital account transactions are secure, compliant, and aligned with your financial goals.
FEMA Advisory
Liberalized Remittance Scheme (LRS)
The Liberalized Remittance Scheme (LRS) allows Indian residents to remit up to USD 250,000 per financial year for purposes like investments, travel, education, gifting, and medical expenses abroad. Our consulting services provide expert guidance to help you navigate the LRS framework, ensuring compliance with RBI regulations and efficient remittance planning.
Key areas of assistance include:
Purpose-Specific Remittances: Guidance on using LRS for education, travel, investments, and more.
Regulatory Compliance: Ensuring adherence to RBI guidelines, permissible limits, and documentation requirements.
Investment Advisory: Support for international investments in shares, property, or startups under LRS.
Reporting and Filing: Assistance with regulatory reporting and FEMA compliance.
Our team ensures your remittances under LRS are smooth, compliant, and aligned with your financial objectives.
FEMA Advisory
Residential Status Determination
Determining residential status is crucial for compliance with the Foreign Exchange Management Act (FEMA) and the Income Tax Act, as it impacts taxation, investment eligibility, and financial obligations. Our consulting services provide expert assistance in evaluating your residential status based on statutory guidelines and personal circumstances.
Key areas of assistance include:
FEMA Compliance: Determining NRI, PIO, or resident status for foreign exchange transactions and investments.
Income Tax Act Compliance: Assessing residential status for tax purposes, including global income liability.
Dual Residency and Taxation: Guidance on resolving conflicts under Double Taxation Avoidance Agreements (DTAA).
Customized Advisory: Tailored solutions for expatriates, NRIs, and returning residents.
Our expertise ensures accurate determination of your residential status, safeguarding you from regulatory risks and optimizing financial outcomes.
FEMA Advisory
Individual Bank Accounts
Opening and managing bank accounts under FEMA regulations can be complex for Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and foreign entities. Our consultancy services provide expert guidance to ensure compliance with FEMA guidelines for various types of accounts, such as NRE, NRO, and FCNR accounts.
Key areas of assistance include:
Account Selection: Advising on the appropriate account type based on your residency and transaction needs.
Regulatory Compliance: Ensuring adherence to FEMA rules for account opening, usage, and repatriation.
Documentation Support: Assistance with preparing and submitting required documentation to banks.
Account Management: Advisory on fund transfers, interest income, and taxation-related matters.
Our services simplify the process, ensuring seamless account setup and management in compliance with FEMA regulations.
FEMA Advisory
Business Bank Accounts
Managing business bank accounts under FEMA regulations is essential for ensuring compliance with India’s foreign exchange laws. Our consultancy services help businesses, including foreign entities and Indian firms with cross-border operations, navigate the complexities of opening and operating business bank accounts in line with FEMA guidelines.
Key areas of assistance include:
Account Setup: Guidance on opening business accounts, such as EEFC, foreign currency accounts, or accounts for overseas subsidiaries.
Regulatory Compliance: Ensuring adherence to FEMA rules for foreign exchange transactions, remittances, and repatriation.
Documentation and Approvals: Assistance with filing required forms, obtaining RBI approvals, and maintaining proper records.
Transaction Structuring: Advising on permissible transactions and optimizing fund flow strategies.
Our expertise ensures your business banking operations are seamless, compliant, and aligned with regulatory standards.
FEMA Advisory
NRI Bank Account Opening Assistance in India(without coming India)
NRIs (Non-Resident Indians) visiting India can open specialized bank accounts designed to manage their income and investments in India while ensuring compliance with FEMA (Foreign Exchange Management Act) regulations. Our consulting services simplify the process by providing guidance on selecting the right account type and completing necessary formalities.
Key account types:
NRE (Non-Resident External) Account: For holding foreign income in INR, offering tax-free interest and full repatriability.
NRO (Non-Resident Ordinary) Account: To manage income earned in India, such as rent, dividends, or pensions, with limited repatriability.
FCNR (Foreign Currency Non-Resident) Account: For depositing foreign currency, earning tax-free interest in the same currency.
Our services include:
- Advising on the best account type based on your needs.
- Assistance with documentation, such as passport, visa, and proof of NRI status.
- Coordinating with banks to ensure a hassle-free account opening process.
- We help NRIs manage their finances effectively in India while adhering to FEMA regulations.
FEMA Advisory
Acquisition and Transfer of Immovable Property in India
The acquisition and transfer of immovable property in India by NRIs, OCIs, and foreign nationals are governed by FEMA (Foreign Exchange Management Act) regulations. Our consulting services provide comprehensive guidance to help clients navigate these rules and complete transactions seamlessly.
Key areas of assistance include:
Eligibility Analysis: Identifying permissible property types (e.g., residential, commercial) based on FEMA guidelines.
Compliance Assurance: Ensuring adherence to FEMA and RBI regulations for purchase, sale, or gifting of property.
Documentation Support: Assistance with agreement drafting, title verification, and regulatory paperwork.
Repatriation Guidance: Facilitating the repatriation of sale proceeds and rental income in compliance with FEMA.
Tax Advisory: Insights on tax implications related to property transactions.
Our expertise ensures secure, compliant, and efficient property transactions for non-residents under FEMA.
FEMA Advisory
Acquisition and Transfer of Immovable Property outside India
Under FEMA (Foreign Exchange Management Act), NRIs and PIOs are allowed to acquire and transfer immovable property outside India, but there are specific guidelines and restrictions to follow. Our consultancy services offer expert advice to ensure compliance with FEMA regulations for such transactions.
Key areas of assistance include:
Eligibility and Permissibility: Determining which foreign property transactions are allowed for NRIs and PIOs.
Regulatory Compliance: Ensuring adherence to FEMA and RBI rules governing the purchase, sale, and transfer of immovable property abroad.
Documentation and Approvals: Guidance on required documentation, reporting, and obtaining approvals if necessary.
Repatriation of Funds: Assistance with repatriating sale proceeds and rental income in compliance with FEMA.
Taxation Advisory: Insight into tax implications of foreign property transactions, both in India and the country of the property.
Our services ensure smooth, compliant transactions for NRIs and PIOs when acquiring or transferring property outside India under FEMA.
FEMA Advisory
Borrowing and Lending Transactions Between India and Foreign Resident
Borrowing and Lending Between a Person Resident in India and a Person Resident Outside India FEMA (Foreign Exchange Management Act) governs the borrowing and lending of funds between residents in India and foreign residents. Our consulting services provide expert guidance to ensure these cross-border financial transactions comply with FEMA regulations and RBI guidelines.
Key areas of assistance include:
- Eligibility and Limits: Advising on permissible borrowing and lending amounts between residents and non-residents.
- Regulatory Compliance: Ensuring adherence to FEMA and RBI rules for cross-border loans, including interest rates, repayment terms, and documentation.
- Approval Process: Assisting with necessary approvals and filings with the RBI and other authorities.
- Repayment and Repatriation: Guidance on repatriating loan proceeds or repayments in compliance with FEMA.
- Tax and Reporting: Insights on tax implications and the reporting requirements for cross-border loans.
Our services help ensure that borrowing and lending transactions between India and foreign residents are structured, compliant, and financially sound under FEMA.