FEMA Consultants India
Is the transaction permitted, under which route, what has to be reported, and what do we do about the filing that was already missed?
Most FEMA work comes down to four questions: whether a transaction is permitted, under which route, what has to be reported and by when, and what to do about anything already missed. Advisory covers structuring inbound and outbound investment, reporting on the RBI's FIRMS and overseas investment portals, the Late Submission Fee route for delayed filings, and compounding applications to the RBI where a contravention has already occurred.
What our FEMA practice covers
Structuring before the transaction, reporting after it, and remedies when it went wrong.
- Eligibility, entry route and sectoral conditions for inbound investment
- Structuring outbound investment and financial commitment limits
- Reporting: FC-GPR, FC-TRS, LLP Forms I and II, FLA and annual performance reports
- Pricing guidelines, valuation and downstream investment analysis
- Late Submission Fee computation for delayed filings
- Compounding applications and representation before the RBI
Four kinds of FEMA work
Advisory, reporting, remediation and representation.
Structuring
Route, instrument and pricing decided before money moves, including downstream investment implications for the group.
Reporting
Every return the transaction triggers, filed within its own window on the correct RBI portal.
Regularisation
Delayed filings brought current through the Late Submission Fee mechanism, where that route is available.
Compounding
Applications to the RBI to compound contraventions, with the facts, disclosure and submissions prepared properly.
Our process
How we approach a FEMA question.
Fact review
Establishing what actually happened, when, and through which banking channel.
Position and options
A written view on whether the transaction is compliant and what the available routes are.
Filing or application
Reporting the transaction, or preparing the compounding or approval application.
Closure
Following through to acknowledgement or order, and setting up the recurring calendar.
Why FEMA is worth getting right early
What sets our approach apart.
Diligence finds everything
Unreported allotments and missed FLA returns surface during fundraising or an exit, at exactly the point where they cost the most leverage.
Most delays are fixable
The Late Submission Fee route resolves a large share of reporting delays without a compounding application, if it is used before matters escalate.
Penalties are transaction-linked
Contraventions under FEMA can attract penalties measured against the amount involved, so exposure grows with the size of the transaction, not the size of the company.
FEMA Consultants India questions answered
What people ask before engaging us.
Have a cross-border transaction in mind?
Speak to us before the money moves — structuring is far cheaper than compounding.
