
+91-7045000841 Have Any Query


	Home About Us Services Corporate Law Advisory Company Law Securities Law SEBI FEMA Mergers, Acquisitions NBFC Corporate Finance Services To Banks Insolvency & Bankruptcy Labour Laws Other Industry Specific Laws Tax Litigation & Advisory Indirect Tax and Customs Management Accounting Agreements & Contracts Drafting IPR Trade Mark Registration Co-op. Societies Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 Company Secretaries Act, 1980 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply News Query Careers Admin Login Email Login Time Sheet Contact Us

FEMA - RBI - FDI - ODI

Foreign Direct Investments (FDI)

While making an investment in India, one has to make sure that FDI guidelines are complied with. Also, issues relating to the transfer or issue of capital instruments in India under the automatic route as well as the approval route need to be addressed. Assistance will further be required in case of filing a single master file which integrates the reporting requirements for FDI in India. Following are a few instances where reporting is required:

When an Indian Company / LLP receives foreign investment and allots shares/capital contribution against such receipt,
Transfer of shares/capital contribution between residents and non-residents in an Indian Company / LLP,
Investment in Indian downstream company by an Indian Company already having foreign investment,
Issue of ESOPs or Sweat Equity Shares to employees/persons outside India, etc.

Overseas Direct Investments (ODI)

Incorporation of a Wholly Owned Subsidiary (WOS) or setting up a Joint Venture (JV) outside India will require assistance in areas of capital structure planning and seeking requisite approvals from RBI. Further, in respect of such transactions, there are one time and annual obligations which are required to be complied within the prescribed timelines.

Annual Return on Foreign Liabilities and Assets (FLA)

Filing of FLA return is mandatory for all the Indian entities which have received FDI and/or made ODI during the year.

External Commercial Borrowings (ECB)

Additional funding requirements in India by a WOS or JV of foreign entity can be fulfilled by way of raising ECB from the foreign parent company. Further, assistance will also be required for drafting loan agreement, obtaining Loan Registration Number (LRN) and complying with monthly ECB reporting.

Trade Transactions

In case of export or import of goods or services, FEMA advisory can be provided with respect to time limit for settlement, advance received / paid, permission for write off of export receivables, realisation and repatriation of proceeds, etc.

Liaison Office (LO) / Branch Office (BO) / Project Office (PO)

Apart from setting up a Company or LLP in India, a person resident outside India can also set up the following types of entities for conducting activities in India:

Liaison Office (LO) also known as the representative office is set up primarily to explore and understand the business and investment climate in India. It generally acts as a communication channel between the parent company overseas and its present or prospective customers in India. However, LO is not permitted to carry on any business activities in India.
Body Corporates incorporated outside India are allowed to set up Branch Offices (BO)which is engaged in the same activity as that of the Foreign Parent Company.
Project Office (PO)means a place of business in India to represent the interests of the foreign company executing a project in India.

Liberalized Remittance Scheme (LRS)

Under FEMA, Resident Individuals are allowed to make remittances outside India for certain permissible capital account transactions in aggregate up to USD 2,50,000/- per year, subject to fulfillment of few basic conditions. The benefit of LRS is only available to Resident Individuals and not to Non-Resident Individuals.

Acquisition and Transfer of Immovable Properties

FEMA also regulates transactions pertaining to acquisition and transfer of immovable properties by a Non-resident in India.

Penalty & Compounding of Offenses

Contraventions/non-compliances under FEMA can invite penalties. These contraventions/non-compliances can be made good by applying for compounding of offense with the concerned regional office of RBI and payment of compounding fees on case to case basis.

Filing of returns under FEMA in all kinds of transactions

22641 Times Visited