FEMA Compliance
Cross Border, Compliant
Any transaction that moves money or shares across India's borders, a foreign investor buying into your company, your business investing overseas, an external loan, or a foreign subsidiary reporting its accounts, falls under the Foreign Exchange Management Act (FEMA), regulated by the RBI. It's not a one time filing. FEMA compliance is recurring, deadline driven, and unforgiving of oversight, a single missed form can mean penalties, compounding proceedings, or delays that stall the underlying transaction itself.
What FEMA compliance actually covers
Foreign Direct Investment (FDI)
Entry routes, sectoral caps, valuation norms, and reporting when a foreign investor puts money into your company
Overseas Direct Investment (ODI)
Compliance for Indian companies investing in or setting up entities abroad
External Commercial Borrowings (ECB)
Structuring and reporting for foreign currency loans and trade credits
Annual and periodic returns
Including reporting of foreign assets and liabilities as required each year
Repatriation and remittance
Dividend distribution, sale proceeds, and other outward remittances
Liaison, branch and project office compliance
For foreign entities operating in India
NRI transactions
Investment in property, shares, and businesses in India
How we work
01
Transaction review
We look at what's actually happening, the investment, loan, or remittance, before anything is filed.
02
Applicability check
We determine exactly which FEMA provisions and RBI reporting obligations apply, so nothing is over or under reported.
03
Documentation and filing
We prepare and file the relevant forms accurately and within the prescribed timelines.
04
Ongoing tracking
FEMA obligations recur, we keep track of what's due and when, so a deadline is never missed simply because no one was watching the calendar.
Where things go wrong and how we prevent it?
Most FEMA issues aren't caused by non compliance on purpose, they happen because a recurring filing is forgotten, a transaction is reported under the wrong category, or a deadline is missed during a busy quarter. We build a compliance rhythm around your transactions, so these gaps don't happen, and where a contravention has already occurred, we support you through the compounding process with the RBI, from computing the applicable penalty to preparing the application and seeing it through to resolution.
What's included?
Advisory and reporting for Foreign Direct Investment (FDI), including relevant RBI filings
Overseas Direct Investment (ODI) compliance and reporting
External Commercial Borrowings (ECB) structuring and reporting
Annual reporting of foreign assets and liabilities
Advisory on repatriation of funds and dividend distribution
FEMA compliance for liaison offices, branch offices and project offices
NRI investment and property transaction advisory under FEMA
Representation before the RBI, including compounding of contraventions
Ongoing compliance tracking to ensure no filing deadline is missed