Rawat Nakoti & Co

RAWAT NAKOTI & CO.

Foreign Exchange Regulation Services

RNC offers reliable Foreign Exchange Regulation Services in Dehradun, ensuring full compliance with FEMA, RBI guidelines, and cross-border transaction norms. The FEMA has a wide scope and is applicable to all cross-border transactions undertaken in any part of India and also applicable to all branches and offices set-up outside India which are owned or controlled by person resident in India.

Over the years, we have gained in-depth experience and expertise in providing one stop solutions to multitude of compliance and advisory services related to FEMA to both to Corporates and Non Corporates entities. We cater to compliances and advisory related to non-resident Indians (NRIs) settled across the globe and also assist corporate and other legal entities enabling effective compliance with foreign exchange regulations. Our array of services includes:

Consultancy & Advisory Services at RNC

  • Interpretation of FEMA Rules, Regulations, Master Circulars and other allied acts.
  • Application of FEMA rules and regulations to Residents, PIOs, NRIs and NRs for transaction and compliances related to :
    • Residential status;
    • Banking and remittances ;
    • Property management and Inheritance;
    • Gifts from and to outside India ;
    • Repatriation strategies and Direct investment outside India (ODI)
  • Advisory on assistance in choosing the best mode of infusing debt funds in terms of External commercial borrowing (ECB)
  • Foreign Direct Investment(FDI) Planning for Entry And Exit (Repatriation) Route and Determining FDI Limits
  • Inbound Investment Structuring Services where in we provide advisory services for assistance in Inbound Investment Structuring using tool of legitimate international tax planning to minimize or defer global taxes lawfully to meet the desired business and other objectives of such transactions. Our Direct Tax Team and Corporate Law Team together assist the client in cross-border structuring to ensure tax efficiency is achieved in India and also works in the other country not leading to any adverse tax consequences. Our Services for Inbound Investment Structuring include:
  • Assistance in choosing the best entry and entity structuring for selecting entry mode such as a Liaison Office, Branch, Wholly Owned Subsidiary, Partnership, Trusts Sole-proprietorship, other entities each having its own pros and cons.
  • Advisory services for assistance in choosing the best managerial, financial and Ownership Strategy.
  • Advisory services for investment caps, automatic or approval routes for various sectors for green field and brown field investments.
  • Advisory services for structuring an international or multi-jurisdictional transaction, to avoid double taxation.
  • Obtaining approvals from the RBI and other allied regulatory authorities.
  • Outbound Investment Structuring Services include :
  • Assistance in choosing the best entry, entity strategy and capital structuring mode for investment outside India for obtaining optimal ownership rights, from tax perspective and regulatory jurisdiction.
  • Choosing the best mode for routing shareholder and other relevant business agreements

REPRESENTATION AND APPROVAL SERVICES RELATED TO

  • Assistance in liaison with Authorized Dealer on Issue and transfer of shares and providing representational services before authorized agents for any communication with RBI.
  • Preparation of necessary forms and documents and filing with the prescribed authority for the purpose of compounding matters and other notices or intimation for various compliances;

COMPLIANCE SERVICES RELATED TO

  • Assistance in obtaining approvals and registrations for setting and up a branch office, liaison office and project office of the foreign entity in India.
  • Assistance in obtaining industry specific licenses.
  • Assistance in obtaining approvals and registrations for setting and up a branch office, liaison office and project office of the Indian entity in India outside India.
  • Filing of mandatory recurring, non-recurring returns, Statutory Forms with the RBI.
  • Maintaining check on regular current compliance and risk analysis of past compliances

Secretarial Services

Our Company Law Advisory team, in collaboration with our FEMA experts, provides comprehensive secretarial services to ensure smooth business operations:

  • Share and Ownership Management: Assistance with share allotment, share consolidation, transfer, transmission, forfeiture, dematerialization, and issuance of share certificates.
  • Post Business Set-Up Compliance: Support with post-incorporation changes, including amendments to company name, objects, share capital, registered office, and modifications to the Memorandum and Articles of Association.

Drafting & Documentation Services

We provide comprehensive assistance in drafting and reviewing agreements from both FEMA and tax perspectives, including:

  • Shareholders’ and JV Agreements: Drafting and reviewing of agreements, including joint venture (JV) contracts, ensuring they align with FEMA regulations and tax requirements.
  • Business Contracts: Assistance in finalizing business contracts with cross-border elements, ensuring compliance with Indian laws and international tax regulations.

Attestation & Documentation Services

RNC assists with the preparation and attestation of various documentation required for foreign transactions:

  • Share Valuation Certificates: Issuance of share valuation certificates for Foreign Direct Investment (FDI) and Overseas Direct Investment (ODI).
  • Documentation for Remittance: Handling of documentation and remittance support in liaison with authorized dealers for foreign remittances and other related activities.

Due Diligence & Assurance Services

Due diligence is crucial for investment and business decisions. RNC offers thorough due diligence services:

  • Investment Opportunity Due Diligence: Assessing potential investment opportunities in India, including evaluating the financial health and risks associated with investments.
  • Financial and Agreement Due Diligence: Reviewing financial statements, agreements, and business records for foreign investors interested in India-based entities.
  • Collaborative Arrangements: Evaluation of collaboration arrangements both within India and internationally, ensuring compliance and identifying potential risks.