Foreign Exchange Management Act (FEMA) is the legislation which governs the foreign currency in India. The main aim of FEMA is to facilitate external trade, balance the payments, promote the orderly development, and maintain the foreign exchange market in India.
One can invest in India – either under Automatic Route which does not require approval from RBI or under Government Route, which requires prior approval from the concerned Ministries/Departments via a single window – Foreign Investment Facilitation Portal (FIFB) administered by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Industry,Government of India.
- Non banking financial companies (NBFC) registration
- Full fledged money changer ( FFMC) registration
- Assets reconstruction company (arc) registration
B. Consultancy And Compliances
- Foreign direct inverstment (FDI) related consultancy and compllances
- Odi related consultancy and compllances
- External commercial borrowing (ECB) related consultancy and compllances
C. Compounding of FEMA Compliances