Further we focus on structuring capital and revenue transactions by effectively utilizing the tax treaties between India and the host country with a view to maximize post tax returns to the shareholders and the affected party. Our knowledge base includes beneficially utilizing provisions of Tax Treaties, Tax Exemptions and Benefits.
The firm has advised many clients in the matters under the Foreign Exchange Management Act, (FEMA) and has represented them before the concerned agencies like the RBI etc.
We provide advisory and compliance services encompassing the entire gamut of foreign exchange law as detailed below
• Investment in Business in India directly and by floating offshore companies.
• Setting up a branch / liaison / project office in India.
• Banking and remittances.
• Property
• Gifts
• Inheritance
• Repatriation
• Direct investment outside India.
• Setting up a branch outside India.
• Overseas Direct Investment & External Commercial Borrowing related matters & consultancy.
• Approval from all types of Exchange Control Deptt. of Reserve Bank of India.
• Foreign collaboration agreement with various types of government approvals.
• Compliance of the procedure including Chartered Accountants Certification for repatriation of income/assets from India.
• Making applications to Reserve Bank of India for purchase/sale of shares, debentures & securities and directly to and from Residents in India and outside India.
• Making application to Reserve Bank of India for purchase/sale of residential and commercial property including renting out of property.
• Any specific advice required in relation to FEMA/RBI matters
• Setting up Partnership / Partnership by NRI'S or persons of Indian origin.
• Other Advisory Services on FEMA etc.
The various investment-friendly policies announced by the Government of India welcomes Foreign Direct Investment (FDI) in many of the core industries. These policies fundamentally aim at improving the core business activities of the country and at the same time offer employment to millions of educated population of the country.
Government has facilitated the business activities by allotting special land to major industries and service sectors. These include the Technology Park (both hardware and software), Special Economic Zones (SEZs), Export Promotion Zones (EPZs), etc. Apart from these are the Growth Center Schemes that provide various incentives to the investors.
For most of the industries and the service sectors FDI is allowed freely through automatic approval from the Reserve Bank of India (RBI). However, there are certain sectors/ activities where the FDI is not allowed beyond a certain limit. These businesses or activities need to get the approval from the government, which in turn is decided on the basis of the recommendations from the Foreign Investment Promotion Board (FIPB).
The following are the important sectors where FDI is allowed freely
• Investment in Business in India directly and by floating offshore companies.
• Setting up a branch / liaison / project office in India.
• Banking and remittances.
• Property
• Gifts
• Inheritance
• Repatriation
• Direct investment outside India.
• Setting up a branch outside India.
• Overseas Direct Investment & External Commercial Borrowing related matters & consultancy.
• Approval from all types of Exchange Control Deptt. of Reserve Bank of India.
• Foreign collaboration agreement with various types of government approvals.
• Compliance of the procedure including Chartered Accountants Certification for repatriation of income/assets from India.
• Making applications to Reserve Bank of India for purchase/sale of shares, debentures & securities and directly to and from Residents in India and outside India.
• Making application to Reserve Bank of India for purchase/sale of residential and commercial property including renting out of property.
• Any specific advice required in relation to FEMA/RBI matters
• Setting up Partnership / Partnership by NRI'S or persons of Indian origin.
• Other Advisory Services on FEMA etc.
We provide following service
• Getting automatic approval
• Getting FIPB approval
• Getting approval for External Commercial Borrowing (ECB)
• Societies and Trust (NGO)Formation
• Registration U/s 12A and 80G of Income tax Act.
• Registration under Foreign Contribution Regulation Act (FCRA),viz, Prior approval & Permanent registration.
In short, we provide 'Best Value Business Solutions
