FEMA stands for Foreign Exchange Management Act. This is the legislation that has been entrusted with the governance of foreign currency being circulated in India. The main aims of FEMA are regulating external trade, encouraging the orderly development of the Indian market for foreign exchange, balancing the payments, and regulating and maintaining the foreign exchange market in the country.
A great team of experts
We have a great team of experts, who can help you efficiently navigate relevant regulations pertaining to investing in India. Our suite of services in this respect includes:
- Obtaining Permissions for setting up office
- Maintaining routine compliances
- Reporting
- Filing with the authorities
- Advice pertaining to investment strategy
- Consultancy related to conducting business in India, foreign exchange transactions
- Establishing liaison office, project office, and branch office outside and in India, routine matters and retainership services – as part of this we interpret the likes of the Foreign Exchange Management Act, the rules, the master circulars, the regulations, and other acts related to the same
- Advice on inbound investments in India – this includes both non-repatriable and repatriable bases – followed by strategies for investment entry
- Getting permission from the likes of FIPB (Foreign Investment Promotion Board)
- Suggestions on outbound international investments to India-based entrepreneurs – this includes assistance on key areas such as permissible activities as well as entity structure
- Professional services that help you get the Import Export Code
- Support and advice for statutory compliance
- Filing different yearly returns like Annual Return on Foreign Liabilities and Assets, and Annual Performance Report
- Litigation support and representation before authorities
- Filing different kinds of FC-TRS (Foreign Currency – Transfer of Shares) and FC-GPR (Foreign Currency – General Permission Route)
- Approvals from authorities
