FEMA Related Advisory Services
FEMA, or the Foreign Exchange Management Act, is a crucial legislation in India that governs all foreign exchange transactions in the country, replacing the earlier Foreign Exchange Regulation Act (FERA) of 1973. Our advisory services related to FEMA can help clients navigate the complexities of Indian foreign exchange regulations and ensure compliance with the laws and regulations. We provide a range of services, including:
- Compliance with regulations: We assist clients with compliance with the various regulations under FEMA, such as those related to foreign exchange transactions, foreign investment, and foreign remittances, among others.
- Advising on regulations: We provide guidance and advice on the regulations under FEMA, including the procedures and documentation required for various types of foreign exchange transactions.
- Representation before regulatory authorities: Our team can represent clients before the regulatory authorities, such as the Reserve Bank of India (RBI), in case of any enquiry, inspection, or prosecution.
- Advising on FEMA implications of transactions: We can assist clients in understanding the FEMA implications of transactions such as sale or purchase of assets, remittances, and foreign exchange transactions.
- Advising on repatriation and localization of funds: We help clients understand the regulations related to repatriation and localization of funds and advise on the procedures and documentation required.
- Obtaining approvals and certifications: Our team can assist in obtaining approvals and certifications required under FEMA, such as Advance Remittance Certificate, FCRA registration, etc.
We offer these FEMA-related advisory services to both residents and non-residents in India, ensuring that our clients are able to operate in compliance with the regulatory framework in the country.