FEMA & International.
This practice covers India's foreign exchange rules under FEMA for money coming into and going out of India: foreign direct investment, overseas investment, external commercial borrowings, remittances and the reporting RBI requires for each. We advise before transactions, file on RBI's FIRMS and FLAIR portals and through AD banks, and help regularise past gaps through late submission fees, compounding or replies to notices.
Not sure which service applies to you? Tell us your situation and a partner will tell you — free, with no obligation.
Signs it's time to talk to us.
- A foreign investor is about to fund your company or LLP
- You plan to set up, acquire or lend to a company abroad
- You are borrowing from an overseas lender or group company
- Your AD bank has held back a remittance because a report is pending
- You have received a notice about a past FEMA transaction
How FEMA & International works with us.
- 1
Transaction review
We establish the residential status of each party and the FEMA instrument involved.
- 2
Route and pricing
We confirm whether the automatic or approval route applies and the pricing and documentation conditions.
- 3
Bank and RBI filings
We prepare the AD bank paperwork and file the reports RBI prescribes within their deadlines.
- 4
Annual reporting
We file the FLA return, Annual Performance Reports and Annual Activity Certificates each year.
- 5
Regularising past gaps
Where reports were missed, we use late submission fees, compounding or a reasoned reply to close the matter.
FEMA & International services.
Open any service to see exactly how it works: the steps, what we need from you, what you receive and how long it typically takes.
FEMA Advisory - General
FEMA governs every cross-border money flow in India, from foreign investment and overseas subsidiaries to borrowings, remittances and property.
FDI Compliance
When a non-resident invests in an Indian company or LLP, FEMA prescribes how the money must come in, the price at which instruments can be issued and what must be reported to RBI.
ODI Compliance
Investing in or lending to a company outside India is an overseas investment under FEMA, governed by the Overseas Investment Rules and Regulations, 2022 and RBI's directions.
ECB Compliance
External commercial borrowings let Indian entities raise loans from overseas lenders under FEMA.
FCGPR Return Filing
Form FC-GPR is the report an Indian company files with RBI each time it issues shares or other capital instruments to a person resident outside India.
APR Filing
The Annual Performance Report (APR) is filed by an Indian company, LLP or resident individual that holds an overseas direct investment, for each foreign entity, every year by 31 December.
LLP FLA Return
The Annual Return on Foreign Liabilities and Assets (FLA) is a statistical return RBI collects every year from Indian companies, LLPs and other entities with foreign direct investment or overseas direct investment.
FEMA Show Cause Reply
FEMA contraventions are civil matters, but a show cause notice from an Adjudicating Authority of the Directorate of Enforcement, or a letter from RBI or your AD bank about a reporting default, needs a careful and documented response.
Repatriation Documentation
When an NRI, OCI or foreign shareholder sells property or shares in India, moving the money abroad needs the right bank, tax and FEMA paperwork.
Not sure which one you need?
Tell us what you're dealing with. A partner will tell you what applies and what it costs — a free 30-minute call, no commitment.