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Foreign Exchange Laws (FEMA)

Inbound Investments

We guide foreign corporations and their Indian counterparts through every stage of inbound investment from structuring and approvals to ongoing regulatory compliance.

Structuring and incorporation of Wholly Owned Subsidiaries (WOS) and Joint Ventures (JV) in India for foreign corporations, including obtaining RBI/FIPB approvals and full FEMA compliance

End to end compliances on the FIRMS Portal preparation and filing of Form FC GPR, FC TRS, Form LLP I & II, Form DI, and other prescribed forms

Liaising with Authorised Dealer (AD) Banks for FIRC issuance, KYC verification, and ongoing FIRMS Portal compliance

Preparation and filing o the Annual Return on Foreign Liabilities and Assets (FLA) on the FLAIR site for all Indian entities with inbound foreign investment

Setting up of Branch Offices and Liaison Offices in India advising on scope of permitted activities, obtaining RBI approval, a nd ensuring annual compliance obligations are met

Outbound Investments, ECB & Compounding

We assist Indian corporates and residents in establishing, managing, and winding down overseas investments and in regularising past FEMA contraventions.

Incorporation of overseas entities by Indian corporations and residents, including obtaining RBI approvals and full Overseas Dir ect Investment (ODI) compliance Form FC, Form APR, AD Bank liaison

Disinvestment from foreign entities structuring exits, RBI approvals, and FEMA compliance including Form FC filing

Filing of the Annual Return on Foreign Liabilities and Assets (FLA) on FLAIR for entities with outbound investments

External Commercial Borrowings (ECB) advising on eligible borrowers and lenders, obtaining RBI approvals, drafting Loan Agreements, and filing Form ECB and ECB 2

Compounding of FEMA Contraventions preparing and filing Compounding Applications with the RBI, representing clients at personal hearings, and processing Late Submission Fees (LSF)

Export & Import Advisory RBI approvals for netting and set off, applications for write off of export receivables and import payables

 
     
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