Transactions involving foreign exchange are regulated by FEMA and the provisions of FEMA have to complied with wherever applicable. The preamble of the Act says that it is an Act to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India.
We as a firm is destined to be a one stop solution. Generally, we are providing It is a destination for all your FEMA related needs, whether it is advisory, audit or execution of transaction.
- Assisting in preparation of regular compliances and filing of necessary documents with Reserve Bank of India.
- Maintain a check & balances on compliance (FDI, ODI, ECB) etc.
- Requirements and compliances under FEMA for making Investments outside India (Overseas Investments)
- Filing of Form FC-GPR with respect to allotment/ subscription of shares & filing of FC-TRS for transfer of shares, buy back of securities from Resident to Non-residents and vice-versa.
- Annual compliances specified under FEMA for Indian Companies having FDI and for entities having investments in overseas Joint Venture (JV) and/or wholly Owned Subsidiary (WOS) and filing of Annual Performance Report
- Filing of Returns under Foreign Direct investments (FDI) and External Commercial Borrowings (ECB)