FEMA

Foreign Exchange Management Act (FEMA) regulates and outlines the formalities and procedures for the dealings of all foreign exchange transactions in India. A detailed and apt knowledge of the FEMA law and related compliances are extremely important doing inbound in India and outbound investment from India .

At Transactplus, we can assist our client from FEMA regulation standpoint in relation to their business models, transactions, investments, remittances etc.

 Our Services includes:

• Assistance in opening bank account with Authorized Dealer (AD) bank in India
• Assistance in obtaining approval from RBI to open a Branch office, Liaison office or Project office in India
• Foreign Direct Investment (FDI) advisory 
• Filing condonation of delay/ compounding application with AD banker/ RBI.
• Filing of FC-GPRS and FCTRS with RBI with regard to cross border transfer and issue of shares
• Assistance in External Commercial Borrowing (‘ECB) related compliances with AD banker
• Structuring of capital and current account transaction 
• Advisory on Liberalised remittance schemes (LRS)
• Advisory and compliances on Foreign direct investment and Overseas direct investment
• Regularising any current or capital account transaction, in case of any default