FEMA Compliance / ODI and FDI
S & S ASSOCIATES, Company Secretaries and Insolvency Professionals has the proficiency and experience of advising on matters relating to Foreign exchange and obtaining approval from RBI and other authorities prescribed in FEMA. We provide complete set of following advisory services.
- Foreign Direct Investment Advisory Services
- Overseas Direct Investment Advisory Services
- ECB Advisory Services
- Private Placement/Right issue to the Foreign National/Entities
- Registration/Modification for the Entity Master on Firms Portal of RBI
- Reporting on the Firms Portal of RBI
- SMF/FC-TRS/ FC-GPR Related Matters
- Branch Office/ Liaison Office/ Project Office related matters
- Approval/ Compounding/Condonation related matters
S & S ASSOCIATES, Company Secretaries and Insolvency Professionals also facilitates the end to end Services for entire documentation related to the Application to be filed with the RBI on Foreign Investment Facilitation Portal by the Company seeking Government approval as per the amended Consolidated FDI Policy.
S. No. |
Compliance(s) Particular |
Details of Compliance(s) |
1 |
Annual Return on Foreign Liabilities and Assets
(FLA Return) |
FLA Return is required to be submitted mandatorily by all the India resident companies which have received FDI and/ or made ODI in any of the previous year(s), including current year |
2 |
Annual Performance Report (APR) |
An Indian Party (IP) / Resident Individual (RI) which has made an Overseas Direct Investment (ODI) has to submit an Annual Performance Report (APR) in Form ODI Part II to the AD bank in respect of each Joint Venture (JV) / Wholly Owned Subsidiary (WOS) outside India. |
3 |
External Commercial Borrowings |
Borrowers are required to report all ECB transactions to the RBI on a monthly basis through an AD Category - I Bank in the form of "˜ECB 2 Return". |
4 |
Single Master Form {w.e.f. 30.06.2018} |
Integrates the reporting requirements for FDI in india, irrespective of the instrument through which foreign investment is made. |
5 |
Form FC-GPR |
Issue of bonus or rights shares to persons resident outside India directly or on amalgamation/ merger with an existing Indian company, as well as issue of shares on conversion of ECB/ royalty/ lumpsum technical know-how fee/ import of capital goods by units in SEZs has to be reported in Form FC-GPR. |
6 |
Form FC-TRS |
Reporting of transfer of shares and other eligible securities between residents and non-residents and vice- versa is to be made in Form FC-TRS. |
7 |
Form ODI |
Overseas investments (or financial commitment) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) |