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NRI/FDI/Foreign Collaboration


Services to NRIs

We provide a full bouquet of Tax Services to Non-resident Indians (NRI’s), Returning Non-resident Indians (RNRI’s) & Expat’s who require absolutely exclusive services as each NRI will have unique requirements which require absolutely customized & transparent solutions delivered in a professional & timely manner.

We have an experienced team in dealing with international tax & finance and are possibly the best consultancy suited to your requirements in India.

A focused and comprehensive tax plan can make a real difference to the success of a business and to the personal finances of its shareholders.

Individuals have a host of tax-planning options available to them. An effective tax plan should consider available alternatives and be tailored to the needs of the individual.

We offer the following services :

Income tax and Other issues:

  • Applying Permanent Account Number
  • Filing Income tax returns
  • Income Tax advice on capital gain and other issues
  • Issue of Chartered Accountant for repatriation of NRI funds in India (Tax Clearance Certificates)
  • Any specific advise required in relation to FEMA/RBI

Foreign direct investment (FDI)

  • An investment made by a company or entity based in one country, into a company or entity based in another country is called foreign direct investment.
  • Open economies with skilled workforces and good growth prospects like India tend to attract larger amounts of foreign direct investment than closed, highly regulated economies.
  • The investing company may make its overseas investment in a number of ways - either by setting up a subsidiary or associate company in a foreign country, by acquiring shares of an overseas company, or through a merger or joint venture.
  • Due to globalization, the importance of FEMA/RBI compliance has increased manifold. It includes chartered accountant’s certification for transactions prescribed in the FEMA/ RBI regulations, making prescribed applications to the Reserve Bank of India for various FEMA and RBI regulated transactions, and advisory services related to FEMA/RBI matters.

Services:

  • Compliance with FDI regulations and getting regulatory approvals
  • Compliance of the procedure including chartered accountants’ certification for repatriation of income/assets from India
  • Transfer of shares from Indian resident to non-resident. etc.
  • Filing of Form FC-GPR
  • Yearly submission of FLA (foreign assets and liabilities) return

Outward direct investment (ODI)

ODI is a business strategy where a domestic firm expands its operations to a foreign country either via a green field investment, merger/acquisition and/or expansion of an existing foreign facility either under the automatic route or the approval route as per the RBI guidelines.

Services:

  • Filing of form ODI duly supported by documents like the certified copy of the board resolution, statutory auditors’ certificate and valuation report, etc.
  • Prior approvals from the RBI
  • Evaluating the parameters for considering the proposals under the approval route, etc.
  • Filing of Form FC-TRS
  • Yearly submission of APR (annual performance report)