...

FEMA Consultants in India

The international business sectors have adopted the new policies and aspects to broaden the business opportunities in the foreign markets. The business scope is not restricted to a specific country or area, due to expansion of international trade across the globe. With new strategies and foreign Compliance services the business enterprises are reaching their heights in the worldwide markets. Every country has its own sets of Rules & Regulations concerning foreign exchange affairs. 

The hands-on experience of VJM & Associates LLP with strategy formation and foreign compliances services, can structure your business in the most ideal way. Our FEMA Advisory and Consulting services have been immensely successful in structuring the businesses of our clientele.

FEMA Advisory & Compliance Services

Foreign exchange policy is a serious issue while performing a business in foreign countries. International taxation is a key factor that is interlinked with the foreign exchange management act. 

To minimize the traffic of foreign exchange transaction related issues, a distinct planning by expert FEMA Consultants in India is essential to stand against the complexities of the foreign exchange laws and regulations. 

Thus, we offer reliable FEMA advisory & compliance services to the clients for the expansion of the business in foreign countries. We have an efficient team of FEMA Consultants in India who provide effectual solutions to curve a rising domain in the international market by following the regulations of foreign exchange laws:

  • FEMA Consultant Service- Suggestions of FEMA- Foreign Exchange Management Act 1999 Provisions
  • Inbound or Outbound collaboration- FEMA Advisory and Consulting services to promote a business in foreign market and Indian Markets
  • Foreign Investments- Strategic Planning for foreign investments under the regulations of FEMA
  • Institutional Planning- A definite planning of business matters, transactions and Agreements by following the FEMA guidelines
  • Foreign Enterprise Investments- We offer foreign exchange management FEMA Advisory and Consulting services to the procedures under the regulations of FEMA laws
  • Statutory Compliance under FEMA- As per the guidelines of the FEMA laws and regulations
  • International Transactions Tax & Agreements- DTAA is a part of international taxation and FEMA. Thus, we provide effective solutions and verified FEMA Consultants in India to the clients to reduce the overload of foreign transaction taxes and dual payment on the same income under the FEMA laws
  • Reserve Bank of India permission- Special permission is required from the RBI under the regulations of FEMA for e-filing, Forms & returns and foreign exchange tax filings etc
  • Project office, Liasoning office and branch office establishment in India under the FEMA Laws, compliance and procedures
  • External Commercial Borrowing- Borrowing from any individual Indian origin or Non-residents

Know More about FEMA

To regulate the international business prospects and transactions the Indian government has introduced the FEMA- Foreign Exchange Management Act 1999. By replacing the policies of the previous Foreign Exchange Regulation Act of 1973, the FEMA came into existence to control the foreign exchange transactions in India. The main objective & aspect of FEMA is to develop a law governing external trade and promote the Indian business sectors in the foreign market by following the Regulations of this act. The central government of India has formulated FEMA- Foreign Exchange Management Act, regulated by the (RBI) Reserve Bank of India to monitor the direct & indirect flow of foreign transactions. Various economic measures and reforms have been initiated by the Government to recover the loopholes of the FERA. The essential functions operate through RBI under the Regulations of FEMA are listed below:

 Supervising the deals in international exchange and transactions by giving authority & permission for the foreign exchange dealings, excluding the specific provisions regulated under Section 3 in the Act
RBI never impose restrictions on the transactions related to the current account. Only the Central Government can take decisions after consulting with RBI under Section 5. However, prior approval is required for the transaction by RBI as per the FEMA Rules, 2000
Borrowing or issuing foreign security to Indian resident and vice versa
Controlling the overseas direct investments
FEMA Advisory and Consulting services related to the foreign exchange transactions

In India FEMA – Foreign Exchange Management act controls every foreign investments & business ventures. FEMA supervises every rule & regulations specified by the RBI. FEMA regulates every International business transaction and maintains correspondence with foreign countries. Hence, our specialist team offers FEMA Advisory and Consulting services along with strategic compliance and advisory related to Foreign Exchange Management Act issues. We provide definite FEMA Consultant services in India on various foreign exchange or cross-border transactions with an intention to uplift the outbound & inbound investments.

The foremost objective is to introduce Foreign Exchange Management Act in India to facilitate business sectors for external trade & payments. As per the guidelines FEMA also maintains the Forex related grievances as civil offenses where FERA consider it as a criminal offense. FEMA deals with the development of the Forex market in India and formalities associated with the international business transactions. The Foreign Exchange Management Act is classified into two categories- Current Account Transaction & Capital Account Transaction.