FEMA compliance for inbound and outbound investments, FDI/ODI transactions, ECB, compounding applications, and RBI reporting — with expert representation before RBI and ED on FEMA matters.
Our FEMA advisory practice covers the full range of foreign exchange compliance a growing business encounters — inbound and outbound investment reporting for FDI and ODI transactions, External Commercial Borrowing compliance, compounding applications when a past filing has slipped, and the ongoing RBI reporting obligations that come with holding foreign investment, including FC-GPR, FLA and APR filings.
Structuring is where most of the real risk sits. Sectoral caps, pricing guidelines and the choice between the automatic and government-approval routes need to be mapped before a term sheet is signed, not after — a transaction that looks straightforward on paper can carry reporting obligations that only surface once the FEMA analysis is done properly. Our ECB and structured finance compliance work covers the specific documentation and end-use conditions attached to external commercial borrowing, and our compounding application practice handles the process of regularising a past filing that's slipped through the cracks, before it escalates into a larger enforcement matter.
When a matter does need to be raised directly with the regulator, we provide expert representation before the RBI and the Directorate of Enforcement on FEMA-related questions, drawing on the same team that handles your cross-border tax structuring — because FEMA and international tax questions are rarely genuinely separable in practice.