Foreign Exchange Laws and Business Advisory Services
Inbound Investments -
- Setting up of Wholly Owned Subsidiary / Joint Ventures in India of Foreign Corporations as well as
obtaining RBI/FIPB approvals and complying with formalities under FEMA.
- Compliances on FIRMS Portal - Filing of Form FC-GPR, FC-TRS, Form LLP 1 & 2, Form DI etc.
- Liaising with AD Banks in relation to Inbound investments for FIRC, KYC and compliances on
FIRMS Portal.
- Filing of Annual Return on Foreign Liabilities and Assets (FLA) on FLAIR site for Indian entities
having Inbound investments.
Setting up of Branch/Liaison Offices in India -
Guidance in activities permitted by the Branch and Liaison Offices in India as well as obtaining
permission from the Reserve Bank of India.
Outbound Investments -
- Setting up of foreign entities outside India of Indian corporations and Indian residents as well as
obtaining RBI approvals and complying with formalities under FEMA. Compliances under FEMA for
such ODI investments i.e. Filing of Form FC, Form APR & liaising with AD Bank for the approval of
the same.
- Disinvestment from foreign entities outside India of Indian corporations and Indian residents as well as
obtaining RBI approvals and complying with formalities under FEMA. Compliances under FEMA for
such ODI investments i.e. Filing of Form FC & liaising with AD Bank for the approval of the same.
- Filing of Annual Return on Foreign Liabilities and Assets (FLA) on FLAIR site for Indian entities
having Outbound investments.
External Commercial Borrowing -
Obtaining RBI approval for raising External Commercial Borrowings and related formalities. Filing of Form
ECB and ECB 2 and advisory on Loan Agreement.
Compounding of Contraventions under FEMA -
- Filing of Compounding Application with RBI for past offences.
- Representation with RBI at personal hearing(s).
- Assistance with Late Submission Fee (LSF) for reporting contraventions.
Export & Import of Goods and Services -
- Advise companies in taking RBI approvals for netting off and setting off import payables against export
receivables.
- Application to RBI for write of export payables / import receivables