Legal jini

FEMA Compliances

Services

FEMA is a crucial regulatory framework in India that governs foreign exchange transactions and overseas investments. It plays a pivotal role in FDI in India, setting the legal and operational guidelines for foreign investors looking to invest in the Indian economy.

FEMA, or the Foreign Exchange Management Act, is a critical piece of legislation in India that governs foreign exchange transactions, overseas investments, and the management of foreign exchange reserves. It was enacted in 1999, replacing the outdated Foreign Exchange Regulation Act (FERA), and aims to modernize and liberalize India’s foreign exchange regime while ensuring compliance and control over cross-border transactions.

Under FEMA, the Reserve Bank of India (RBI) is the central authority responsible for regulating and overseeing FDI inflows. It prescribes the procedures and limits for FDI, as well as the sectors where foreign investment is permitted or restricted.

Meanwhile, when it comes to FDI or Foreign Direct Investment, it refers to the investment made by foreign entities or individuals in Indian businesses or assets. It is closely linked with FEMA as FEMA regulations govern the entry, operation, and exit of foreign investments in India.

Why Choose Us

20yrs Of serving clients

Group Established in 2004, LegalJini group provides expert legal, compliance, tax and consultancy services on an Outsourcing Model

1200+ Clients across geographies

Entity types like MNCs, Listed Entities, MSMEs, Startups, NGOs that we have served dedicatedly over the past 20 years

25+ Team of Experts

Including Lawyers, Chartered Accountants, Company Secretaries, Compliance and Tax Experts with a combined experience of 150+ years

OUR OFFERINGS

Advisory for Entry Strategies in India

LegalJini assists clients in identifying and obtaining the necessary approvals and licenses required for foreign direct investment (FDI). We ensure compliance with FDI policies to facilitate smooth market entry.

We provide guidance on selecting the most suitable legal entity for your business in India, considering factors such as liability, taxation, and compliance requirements. Making the right choice is crucial for a successful market entry.

LegalJini helps clients establish project offices or liaison offices in India, facilitating communication with Indian authorities and partners while ensuring compliance with local regulations.

If you’re looking to convert your branch office into a subsidiary company, our experts navigate the legal processes involved, ensuring a seamless transition while adhering to all requirements.

OUR OFFERINGS

Compliance Requirements for FDI

Traditional Marketing Consultancy

LegalJini ensures that clients remain compliant with all FDI regulations throughout their business operations in India, including reporting, disclosure, and record-keeping obligations.

We provide guidance on the transfer of shares, helping clients navigate the legal requirements and documentation necessary for such transactions.

To maintain compliance, we assist clients in preparing and submitting annual filings and reports related to their foreign direct investments in India.

If a change in your business’s name or legal structure is needed, we help you navigate the regulatory processes and documentation requirements.

OUR OFFERINGS

FEMA Compliances for Mergers & Acquisitions

LegalJini supports clients in obtaining approvals from regulatory bodies and ministries for mergers and acquisitions in India, ensuring compliance with FEMA regulations.

We guide clients through the compliances required post-approval, ensuring adherence to FEMA regulations throughout the merger or acquisition process.

Our services extend to assisting with changes in directorship or management as per FEMA requirements during mergers and acquisitions.

LegalJini offers support in obtaining visas and managing manpower-related aspects for foreign nationals involved in mergers and acquisitions, ensuring smooth transitions and compliance with immigration regulations.

Our USP

Seasoned and Trustworthy Team

Our team comprises legal experts and industry professionals with years of experience, ensuring reliable solutions for your business.

Tailored to Your Needs

LegalJini offers customized services to meet your unique requirements, ensuring precise and effective solutions.

Comprehensive Compliance

We cover various aspects of legal compliance, from business setup to ongoing governance, providing holistic support.

Global Reach

With a global presence, LegalJini assists businesses worldwide, helping them navigate the complexities of the Indian market.

Our Process

At LegalJini, our process ensures that your FEMA compliance is seamless and hassle-free, allowing you to focus on your core business activities with confidence and peace of mind.

Creating a Master on FIRMS Portal

We initiate the process by creating a master on the FIRMS portal. This foundational step sets the stage for efficient and compliant foreign exchange management.

Obtaining FIRC & KYC Certificates from AD Banks

We facilitate the acquisition of the Foreign Inward Remittance Certificate (FIRC) and Know Your Customer (KYC) certificates from AD Banks. These essential documents ensure transparency and compliance in your foreign transactions.

Obtaining Valuation & CS Certifications

Our team assists in obtaining Valuation and Company Secretary (CS) certifications. These certifications are vital for accurate financial reporting and adherence to FEMA regulations.

Filing of Documents & Follow-up for Approval

We handle the meticulous filing of documents and follow-up procedures to ensure your compliance applications are processed and approved efficiently. Our commitment to detail and thorough follow-up sets us apart in FEMA compliance services.

Our Clients

Testimonials

What Our Clients Say?

We couldn't be more pleased with LegalJini's FEMA compliance services. Their meticulous attention to detail and unwavering commitment to keeping us compliant with FEMA regulations have been instrumental in our international expansion.
Mr. Prashant Halari
CEO, Synoverge Technologies
LegalJini has been our go-to for FEMA compliance, and they've consistently exceeded our expectations. Their team's deep understanding of FEMA regulations and their proactive approach to compliance ensures that we're always on the right side of the law. We consider them an indispensable part of our international business operations.
Mr. Stuart Wheeler
Air Charter International - Dubai
Initially, navigating the complexities of FEMA regulations seemed quite daunting to us, but thankfully we crossed paths with LegalJini, and it has been smooth sailing ever since. Their in-depth knowledge and commitment to compliance have given us peace of mind, allowing us to focus on our global operations with confidence.
Mr. Ravi Chawla
CEO, Gulf Oil

Frequently Asked Questions

FEMA Compliance, or Foreign Exchange Management Act Compliance, is a crucial regulatory framework in India governing foreign exchange transactions and overseas investments. It is essential for foreign investors as it sets the legal and operational guidelines for investing in various sectors of the Indian economy, ensuring compliance with the law.

LegalJini offers expert guidance to ensure compliance with FEMA regulations when raising funds through ECB. This includes helping clients understand borrowing limits, end-use restrictions, and reporting requirements, simplifying the complex process.

LegalJini assists NRIs in various aspects of FEMA Compliance, including managing NRI bank accounts, providing guidance on NRI investments, handling NRI investments on a non-repatriable basis, and ensuring smooth repatriation of funds.

LegalJini distinguishes itself through its expert team for procedural guidance, proactive application status monitoring with regulatory bodies like the RBI, a commitment to saving clients’ time and money, and the provision of comprehensive post-compliance services. These factors ensure a smooth and compliant experience for clients seeking FEMA compliance assistance.

Get In Touch

Contact Number:
+918767404044
Email Address:
[email protected]
Address (Corporate and Registered Office):
308 Orchid Plaza, Behind Gokul Shopping Centre, Near Railway Platform No. 8 Off S. V. Road, Borivali (West) Mumbai – 400 092, INDIA.
TEL:
26839651-52-53

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