Comprehensive FEMA Advisory & Compliance Services in Mumbai
As India integrates further into the global economy, complying with the Foreign Exchange Management Act (FEMA), 1999 is no longer optional—it is central to cross-border business and investments. Navigating the complexities of foreign exchange laws requires more than just filling out forms; it demands a deep understanding of regulatory intent and commercial substance.
Based in Mumbai, Maharashtra, our Chartered Accountancy firm provides end-to-end FEMA advisory and compliance services. Whether you are a multinational corporation, a growing Indian startup, or a Non-Resident Indian (NRI), we act as your regulatory gatekeeper to ensure your international transactions are seamless and fully compliant with Reserve Bank of India (RBI) regulations.
Our Core FEMA Service Lines
1. Inbound & Outbound Investment Compliance (FDI & ODI)
We guide businesses through the intricacies of foreign investments, ensuring strict adherence to sectoral caps, pricing guidelines, and reporting timelines.
- Foreign Direct Investment (FDI): Assistance with RBI portal registrations and timely filing of Form FC-GPR (for the issue of shares) and Form FC-TRS (for the transfer of shares).
- Overseas Direct Investment (ODI): Structuring outbound investments, managing UIN allotments, and filing Form FC and Annual Performance Reports (APR).
- Annual Returns: Ensuring timely submission of the Foreign Liabilities and Assets (FLA) return to avoid late submission fees and penalties.
2. FEMA Certifications & Valuations
Certification under FEMA carries significant professional and regulatory responsibility, forming the basis for AD Banks and the RBI to process transactions.
- Issuance of Net Worth and Valuation certificates required for cross-border share transfers.
- Certification for External Commercial Borrowings (ECB) and surplus fund repatriation.
- Issuance of Form 15CA and 15CB for foreign remittances, ensuring compliance with both FEMA and the Income Tax Act.
3. NRI, OCI & Expatriate Advisory
We provide tailored solutions for individuals managing wealth across borders, preventing common banking and investment errors.
- Advisory on the Liberalised Remittance Scheme (LRS) and the USD 1 Million Scheme for repatriating funds from India.
- Guidance on permitted real estate transactions, inheritances, and managing NRO, NRE, and FCNR bank accounts.
4. Compounding of Contraventions & Litigation Support
Even unintentional “bona fide” errors under FEMA can attract penalties up to three times the sum involved. We help clients regularize past defaults proactively.
- RBI Compounding: Calculating delays, regularizing pending filings, and drafting compounding applications under Section 15 of FEMA to settle technical violations.
- Enforcement Directorate (ED) Representation: Drafting factual, strategy-driven replies to Show Cause Notices (SCN) and representing clients before the Adjudicating Authority.
5. Cross-Border Business Setup & Structuring
- Advisory and compliance support for foreign entities setting up a Branch Office (BO), Liaison Office (LO), or Project Office (PO) in India.
- Strategic restructuring for mergers, joint ventures, and capital repatriations.
Why Choose Us for Your FEMA Compliance?
- Strategic, Not Just Clerical: We do not just file forms. We conduct thorough FEMA health checks and due diligence before certification to ensure your transactions survive regulatory scrutiny.
- Risk Mitigation: 90% of FEMA violations are reporting delays. We implement robust reporting calendars to ensure you never miss an FC-GPR or FLA deadline, saving you from heavy penalties and reputational risk.
- Local Expertise, Global Reach: Operating from India’s financial capital, Mumbai, we maintain strong relationships with AD Banks and stay constantly updated on the latest RBI circulars and Master Directions.
Protect your business from regulatory risks today. Contact our Mumbai office to schedule a comprehensive FEMA diagnostic review or consultation for your next cross-border transaction.