RBI & FEMA Compliance For Cross-Border Money & Shares.
We help promoters, startups, NRIs and foreign investors navigate FEMA, RBI and company law requirements – so that FDI/ODI, share transfers and remittances are clean, documented and defensible in future.
RBI and FEMA non-compliance may not hurt on Day 1, but it often resurfaces at the time of fund-raise, due diligence, IPO or sale of business. Our goal is to keep your capital structure “clean” from an exchange control perspective.
What All We Cover Under RBI & FEMA
From first foreign investment to complex share transfers and overseas structures – we design transactions keeping FEMA, Companies Act and tax angles together.
FDI in Indian Companies
Advisory on routes (automatic / approval), sectoral caps, pricing guidelines, shareholder agreement, and filings like FC-GPR, FLA, ARF (where applicable).
ODI / Overseas Investment
Structuring of overseas JV / WOS, ODI limits, valuation, funding pattern, and filing of forms ODI Part I–III, APR with AD Bank and RBI.
FC-TRS & Secondary Transfers
FEMA-compliant transfer of shares between resident & non-resident, pricing, documentation, FC-TRS filing, and alignment with Companies Act & income-tax requirements.
Annual FLA & Other Reporting
Preparation and filing of FLA return, reconciliation with share register & financials, and support in queries from AD bank / RBI.
Regularisation of Past FEMA Defaults
Identifying non-compliances, quantifying exposure, preparing applications for FEMA compounding, and strategy to regularise delays / missed filings.
ECB, ESOP, NRI & Start-up Structures
Guidance on ECB, ESOP to foreign employees, NRI investments, start-up funding rounds and working with AD banks to ensure practical implementation.
When Do You Need RBI & FEMA Support?
Typical situations where a quick FEMA check can save you from future penalties or deal delays.
- •You are issuing or transferring shares to a foreign shareholder or NRI.
- •Indian company is setting up or buying a company outside India (ODI).
- •There is an old FDI / ODI transaction with no clear record of FC-GPR, FC-TRS or ODI filings.
- •You are raising funds from foreign VC fund or convertible instruments.
- •Statutory auditor or banker has flagged a possible FEMA lapse.
- •You want to clean up cap table before due diligence / next funding round.
- •There is a delay in filing of FC-GPR/FC-TRS/FLA/ODI forms.
- •Promoters are planning a reorganisation involving NR / foreign shareholders.
- •You need a comfort note for your board / investors / lenders on FEMA status.
Our RBI & FEMA Working Process
We combine law, banking practice and documentation so that filings are both correct and accepted smoothly.
Understand parties (resident/non-resident), route (FDI/ODI/ECB), dates, amounts and existing documents.
Identify applicable regulations, pricing norms, and required forms (FC-GPR, FC-TRS, ODI, FLA, ECB, compounding etc.).
Prepare valuation notes, board/SH resolutions, declarations, and coordinate with AD Bank for portal filings.
Share a concise record kit – filed forms, acknowledgements and brief note – useful for future DD and audits.
Why Work With a CS-Led FEMA Team?
Exchange control is not only about forms – it connects company law, contracts, valuation and tax.
- •Company law + FEMA together: we check cap table, resolutions and filings along with FEMA rules.
- •Banker language: experience of working closely with AD banks, so documents are accepted the first time.
- •Future DD ready: documentation kit designed so that investors’ lawyers can quickly verify compliance.
- •Transparent fees: fixed fee for filings, separate if compounding / complex structures are involved.
- •Education first: we explain the logic in simple language so promoters understand “why” not just “what”.