Advance authorization scheme for exports
Fema Experts
FEMA Experts
FEMA Advisory
FEMA Advisory
External Commercial Borrowings (ECB)
External Commercial Borrowings (ECB) refer to loans or credit facilities obtained from foreign sources by eligible Indian entities for specific purposes, governed by the Foreign Exchange Management Act (FEMA). Our consultancy services provide expert assistance to businesses seeking to raise funds through ECBs while ensuring full compliance with FEMA and RBI guidelines.
Key Areas of Assistance Include:
Eligibility: Advising on eligible borrowers, including companies, public sector units, and others.
Permissible Uses: Guidance on the approved purposes for using ECBs, such as capital expenditure, working capital needs, or infrastructure financing.
Regulatory Compliance: Ensuring compliance with RBI’s ECB guidelines, including interest rates, repayment terms, and currency denomination.
Approval Process: Assistance with obtaining RBI approvals and required documentation for raising ECBs.
Repayment and Repatriation: Advising on the repayment process and ensuring compliance with repatriation regulations.
Our services help businesses navigate the complexities of raising External Commercial Borrowings while maintaining full compliance with FEMA.
FEMA Advisory
Conversion of ECB into Equity
The conversion of External Commercial Borrowings (ECB) into equity is a strategic option for eligible Indian companies to restructure their debt, governed by FEMA (Foreign Exchange Management Act) regulations. This allows businesses to convert their foreign currency loans into equity shares, improving their capital structure while complying with RBI and FEMA guidelines.
Key areas of assistance include:
Eligibility and Conditions: Advising on the criteria for converting ECB into equity, including eligibility of borrowers and conditions for conversion.
Regulatory Compliance: Ensuring compliance with FEMA and RBI regulations regarding pricing, share issuance, and equity dilution.
Approval and Process: Assisting with obtaining the necessary approvals from RBI and other regulatory authorities.
Documentation and Filings: Support with preparing agreements and filing the required documents with RBI for the conversion.
Our consulting services ensure a smooth, compliant conversion process, helping businesses optimize their financial structure under FEMA.
FEMA Advisory
FCCB, Trade Credits, and Structured Obligations
FEMA (Foreign Exchange Management Act) governs the use of foreign currency instruments like Foreign Currency Convertible Bonds (FCCBs), trade credits, and structured obligations for Indian companies seeking to raise funds or manage cross-border transactions. Our consulting services provide expert guidance to ensure compliance with FEMA regulations for these financial instruments.
Key areas of assistance include:
FCCBs (Foreign Currency Convertible Bonds): Advising on the issuance of FCCBs, which allow Indian companies to raise foreign capital convertible into equity, while adhering to FEMA and RBI guidelines.
Trade Credits: Guidance on the permissible use of trade credit for import financing, structuring loans, and ensuring compliance with RBI’s terms for trade credits from foreign suppliers.
Structured Obligations: Providing advice on structured financing products, including securitized instruments and derivatives, ensuring compliance with FEMA’s foreign exchange and risk management regulations.
We ensure that businesses can leverage FCCBs, trade credits, and structured obligations in a compliant and efficient manner under FEMA regulations.
FEMA Advisory
Remittance of Assets
The remittance of assets by NRIs, OCIs, and foreign nationals from India is regulated under FEMA (Foreign Exchange Management Act). It allows the transfer of funds abroad from the sale of assets, inheritance, or income earned in India, subject to specific guidelines. Our consultancy services provide expert assistance to ensure smooth and compliant remittance processes.
Key areas of assistance include:
Eligibility: Advising on who can remit assets abroad and under what circumstances.
Permissible Limits: Guidance on RBI-prescribed limits for remitting funds, including sale proceeds, inheritance, or legacy.
Regulatory Compliance: Ensuring adherence to FEMA rules and RBI guidelines for remittance transactions.
Documentation Support: Assistance with preparing required documents, such as CA certificates (Form 15CA/CB) and legal agreements.
Tax Implications: Insights into the tax obligations related to remittance of assets from India.
Our service ensures a hassle-free, compliant remittance process for transferring assets abroad under FEMA.
FEMA Advisory
Manner of Receipt and Payment to a Person Resident outside India
FEMA (Foreign Exchange Management Act) regulates the receipt of funds from and payments to person’s resident outside India to ensure compliance with India’s foreign exchange laws. Our consultancy services help individuals and businesses navigate these regulations for seamless cross-border transactions.
Key areas of assistance include:
Permissible Modes of Receipt and Payment: Advising on approved channels such as banking routes, foreign currency accounts, or authorized dealers.
Regulatory Compliance: Ensuring adherence to FEMA and RBI guidelines for the nature, purpose, and documentation of transactions.
Transaction Structuring: Optimizing payment and receipt structures for trade, services, remittances, and investments.
Documentation and Reporting: Assistance with required filings, including Form A2 and regulatory approvals for specific transactions.
Tax Implications: Guidance on the tax obligations associated with cross-border receipts and payments.
Our services ensure compliant and efficient handling of receipts and payments involving foreign residents under FEMA regulations.
FEMA Advisory
Entry Strategies in India
Foreign investors and businesses looking to establish a presence in India must navigate entry strategies in compliance with FEMA (Foreign Exchange Management Act). Our consultancy services provide comprehensive guidance on structuring compliant and efficient entry strategies tailored to your business needs.
Key areas of assistance include:
Business Structures: Advising on setting up wholly owned subsidiaries, joint ventures, branch offices, liaison offices, or project offices in India.
Foreign Direct Investment (FDI): Guidance on permissible sectors, FDI routes (automatic or approval), and regulatory compliance.
Capital Structuring: Assistance with funding options such as equity, debt, or hybrid instruments in line with FEMA regulations.
Regulatory Approvals: Support in obtaining necessary approvals from the Reserve Bank of India (RBI) or other authorities.
Compliance and Reporting: Ensuring compliance with FEMA reporting requirements, such as filing of FC-GPR, FC-TRS, or ECB returns.
Our expertise ensures smooth, compliant, and efficient entry into the Indian market under FEMA regulations.
FEMA Advisory
Overseas Direct Investment (ODI)
Overseas Direct Investment (ODI) allows Indian entities and individuals to invest in businesses outside India, subject to regulations under FEMA (Foreign Exchange Management Act). Our consultancy services provide expert assistance in structuring and executing ODI transactions while ensuring compliance with RBI guidelines.
Key areas of assistance include:
Eligibility and Permissibility: Advising on eligible investors, permissible sectors, and routes for ODI.
Regulatory Compliance: Ensuring adherence to FEMA regulations, including caps on investment and funding methods.
Documentation and Approvals: Assistance with filing forms (like Form FC/GPR), obtaining RBI approvals, and completing documentation.
Funding and Structuring: Guidance on equity contributions, loans, or guarantees for overseas investments.
Reporting and Compliance: Support with post-investment reporting, annual performance reports, and compliance with FEMA timelines.
Our expertise ensures that your overseas investments are compliant, efficient, and aligned with your strategic goals under FEMA.
FEMA Advisory
Foreign Direct Investment (FDI)
Foreign Direct Investment (FDI) in India is governed by the Foreign Exchange Management Act (FEMA) to regulate and facilitate foreign investments in Indian businesses. Our consultancy services help clients navigate the FDI process, ensuring compliance with FEMA and RBI guidelines.
Key areas of assistance include:
Sectoral Eligibility: Advising on sectors permitted for FDI under automatic or approval routes.
Regulatory Compliance: Ensuring adherence to FEMA regulations, including caps, entry routes, and pricing guidelines.
FDI Reporting: Assistance with filing forms such as FC-GPR and FC-TRS, and other compliance requirements.
Joint Ventures and Wholly Owned Subsidiaries: Structuring investments in line with FEMA guidelines.
Repatriation: Guidance on the transfer of profits, dividends, and exit strategies for foreign investors.
Our services ensure seamless and compliant foreign investments in India under FEMA regulations.
FEMA Advisory
Opening and Maintenance of Rupee/Foreign Currency Vostro Accounts of Non-Resident Exchange Houses
Under FEMA (Foreign Exchange Management Act), Authorized Dealer (AD) banks in India can open and maintain Rupee or Foreign Currency Vostro Accounts for non-resident exchange houses to facilitate permissible cross-border transactions. Our consultancy services provide expert guidance to ensure compliance with FEMA and RBI regulations.
Key areas of assistance include:
Regulatory Compliance: Advising on RBI guidelines for the opening and operation of Vostro accounts.
Permissible Transactions: Guidance on allowable transactions, including inward remittances, export settlements, and other cross-border operations.
Documentation Support: Assistance with preparing agreements and meeting KYC requirements for non-resident exchange houses.
Monitoring and Reporting: Ensuring accurate reporting of transactions and adherence to FEMA and RBI norms.
Currency Management: Structuring accounts in Rupee or foreign currency for efficient transaction handling.
Our services ensure smooth and compliant management of Vostro accounts for non-resident exchange houses under FEMA regulations.
FEMA Advisory
Transfer or Issue of Any Foreign and Indian Security
The transfer or issuance of foreign securities by Indian residents is governed by FEMA (Foreign Exchange Management Act). These transactions must comply with FEMA rules and RBI guidelines to ensure legal and financial security. Our consultancy services provide expert advice for smooth and compliant cross-border investment processes.
Key areas of assistance include:
Eligibility and Permissibility: Advising on who can invest in foreign securities and under what conditions.
Overseas Direct Investment (ODI): Guidance on permissible routes for Indian entities to issue or acquire foreign securities.
Employee Stock Option Plans (ESOPs): Assisting individuals in acquiring foreign securities offered by overseas employers.
Regulatory Approvals: Support in obtaining necessary RBI approvals for specific transactions.
Compliance and Reporting: Assistance with filing forms such as ODI Forms and other post-investment reporting requirements under FEMA.
Our services ensure a seamless and compliant approach to the transfer or issuance of foreign securities under FEMA regulations.
FEMA Advisory
FDI in Startups
Foreign Direct Investment (FDI) in startups is regulated under FEMA (Foreign Exchange Management Act) to promote innovation and entrepreneurship in India. DPIIT-recognized startups can raise FDI through permissible routes and instruments while adhering to FEMA and RBI guidelines.
Key areas of assistance include:
Eligibility and Recognition: Advising on DPIIT recognition and sectors eligible for FDI.
Investment Instruments: Guidance on raising funds through equity shares, convertible notes, or other FEMA-compliant instruments.
FDI Routes: Assistance with investments under the automatic or approval route based on sectoral policies.
Regulatory Compliance: Support with filing forms like FC-GPR and FC-TRS, and meeting RBI reporting requirements.
Approval Process: Help with obtaining necessary approvals for investments in restricted or regulated sectors.
Our consultancy ensures startups can attract foreign investment efficiently while staying compliant with FEMA regulations.