FEMA
With the liberal foreign exchange transactions, the multinational businesses have increased to great extent. Companies making agreements with foreign entities involves Foreign Currency which automatically attracts Rules of FEMA.
Our role has included
- Advisory in relation to transactions involving Foreign Exchange;
- Interpretation of FEMA Act, Rules, Regulations, and other allied acts;
- Vetting all cross border transactions from FEMA regulation perspective;
- Obtaining various approvals from RBI and other regulatory authorities;
- Periodic reporting in order to comply with FEMA regulation regarding overseas investment;
- Setting up Liaison, Branch office;
- Advisory related to ECB, FCCB, FCEB,FCGPR; and
- Advisory on compliances regarding Sectoral cap, transfer pricing etc.