Foreign Exchange Management Act, 1999(“FEMA”) Compliances

  • Consultancy concerning transactions involving foreign exchange
     

  • Ensuring that clients are compliant with FEMA regulations while undertaking any foreign exchanged transactions
     

  • Filing various Statutory Forms, Returns & intimations before the Reserve Bank of India for foreign exchange transactions undertaken by clients
     

  • Liaising with the concerned authorities such as the Reserve Bank of India
     

  • Enforcement Directorate, AD Bank, etc. & getting necessary approvals from them as and when required
     

  • Preparation of statutory registers and records for foreign exchange transactions; Issuing Foreign Remittance Certificates under the various provisions of the Income Tax Act, 1961; Issuing certificates relating to compliance of withholding tax requirements for remittance outside India;
     

  • Issuing certificates required at the time of repatriation of funds outside India; Other documentation and remittance support and dealing with authorized dealers in connection with foreign remittances