FAQs
The Foreign Exchange Management Act regulates foreign exchange transactions in India. It applies to businesses with foreign investment or overseas investment, NRIs, exporters and importers, and anyone dealing in foreign currency or foreign assets.
Reporting of foreign direct investment (such as Form FC-GPR and FC-TRS), overseas investment reporting, Annual Performance Reports, and the annual FLA return, which is generally due by 15 July.
Late submission fees may apply, and serious or long-pending defaults may require compounding with the RBI. Acting early reduces cost and risk.
Often yes. Rules for buying, selling or gifting property, repatriating funds and holding NRO/NRE accounts differ for residents and non-residents, so it is wise to check before transacting.
Yes. We prepare the documents, certificates and file the required forms on the RBI platform.