In Delhi, we provide comprehensive FEMA compliance advisory to businesses and NRIs on global transactions, ensuring alignment with RBI guidelines and liberalized forex norms.
Key Areas Covered Under FEMA
- Objective: Regulating forex to facilitate trade and investment.
- Regulation of Transactions: Opening and managing forex accounts and repatriations.
- Capital Account Transactions: Structuring foreign investments, ECB and remittances.
- Current Account Transactions: Handling trade, traveler, and other current forex deals.
- Authorized Dealers: Liaising with RBI-authorized banks.
- Exchange Control: Ensuring forex policy compliance and market stability.
- Enforcement and Penalties: Preventing FEMA violations via risk management.
- Adjudication and Appeals: Appealing FEMA notices and representing in tribunals.
- Reserve Bank of India (RBI): Translating RBI circulars and notifications for clients.
- Liberalization: Supporting liberalized remittance rules.
- Compliance Reporting: Timely filings like FC-GPR, RAD returns.
- External Commercial Borrowings (ECB): Borrowing from overseas per ECB policy.
- Foreign Direct Investment (FDI): Structuring FDI agreements with caps.
- Liberalized Remittance Scheme (LRS): Advising on individual remittance limits.
