The Foreign Exchange Management Act (FEMA) governs nearly every cross-border financial transaction an NRI undertakes — from opening bank accounts to buying property, making investments, or receiving gifts and inheritances. Non-compliance, even unintentional, can create complications later.
We help NRIs and foreign nationals understand which FEMA provisions apply to their specific transaction, prepare the required documentation, and — where past transactions weren't reported correctly — assist with regularization through the appropriate compounding process with the RBI.
We review the transaction or holding in question — property, investment, account, or remittance.
We determine which FEMA provisions, RBI circulars, or reporting requirements apply.
Required declarations, forms, and supporting documents are prepared.
Where bank or RBI submissions are needed, we assist with filing and follow-up.
