FEMA & RBI Advisory

Foreign exchange transactions in India are governed by the Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI) regulations, which set out the framework for inbound and outbound investments, remittances, external commercial borrowings, and other cross-border financial activities. Non-compliance with FEMA can attract significant penalties, including compounding proceedings. We provide expert advisory on FEMA and RBI requirements across a range of transactions — from foreign direct investment and overseas direct investment to cross-border loans, trade credit, and remittances — and assist in obtaining necessary approvals and filing required reports.

Key highlights:

• Advisory on inbound FDI including eligible sectors, entry routes, and pricing guidelines
• Overseas Direct Investment (ODI) advisory and compliance support
• External Commercial Borrowings (ECB) structuring and RBI reporting
• FEMA compliance review and compounding application support
• RBI reporting obligations including FLA returns, ODI annual reports, and Form FC-GPR