In one of the fastest growing economies of the world, with a dynamic regulatory environment there is a heightened need for any entity operating in India to understand and ensure due compliance with evolving legislations including the Foreign Exchange Management Act (FEMA) 1999, Companies Act 2013 & other applicable laws.
Foreign Exchange Management Act (FEMA) is the legislation that directs the foreign currency in India. The major objective of FEMA is to regulate external trade, balance the payments, encourage the orderly development, and maintain the foreign exchange market in India.
Dewan PN Chopra & Co provides services to investors for facilitating their investment in India which comprises advice provided on the investment strategy, consultation for doing business in India, obtaining permission to set up the office that includes assistance provided for Joint Ventures and managing the other routine compliances. The expertise in setting up, reporting, taking government approvals, all related aspects of assistance, and filing with the authority.
We provide advice on both inbound and outbound investments along with support for statutory compliances. At Dewan P N Chopra & Co, we help you set up a liaison office, branch office, and a project office in and outside India.
Foreign Exchange Advisory Service
Inbound, Outbound Investments & Foreign Trade (FEMA)
- Transaction Structuring and advise for Inbound and Outbound investment
- Advisory and assistance setting up a Foreign Entity outside India
- Setting up, compliances, closure including transfer of assets of branch office/liaison/project office of foreign entities in India
- Assistance and Advice on Liberalised Remittance Scheme and Overseas Investment (ODI /OPI)
- Assistance and Advice on receipt of foreign direct investment
- Assistance and Advice on Trade realization/ settlement
- Assistance and Advice on Foreign contribution and donation etc.
- Assistance and Advice on External Commercial Borrowing
- Due diligence/health checks of FEMA compliances and suggesting remedial measures for regularization
- Obtaining approval of AD Bank/RBI for extension/write- off/settlement of import, export and merchanting trade
- Approval of sectoral regulator/ concerned ministry/ Government of India for receipt of FDI in sectors under approval route
- Assistance and Advice in preparation of necessary documentation and obtaining approvals from the Reserve Bank of India.
- Compounding of Contravention under FEMA – advise and representation
- Assistance in drafting and filing of replies to notices to RBI and Directorate of Enforcement
NRI Advisory: FEMA And Other Regulations
- Advisory regarding Foreign Exchange Management Act (FEMA) Including Remittance, Investment and Repatriation Of Funds
- Advisory regarding Non-Resident Indian Regulations
- Advisory regarding investments or divestment from Indian Listed and Unlisted Entities
- Advisory regarding regulations for Real Estate Investment in India
- Advisory relating to loans and securities
- Advisory regarding statutory and regulatory compliances related to NRI Bank Accounts
Gift City/IFSC Services
- Assistance and advice in setting up of entity/office in GIFT City
- Assistance and advice in Setting up of Companies/Trusts/LLPs/Branch Offices in GIFT City
- Obtaining Approvals from GIFT/SEZ/IFSC Authorities
- Assistance and Advice on inbound investments, outbound investments and fundraising in GIFT City
- Assistance and Advice on Regulatory Compliances including FEMA, Corporate Law and IFSC Act
Corporate Law
Corporate Law & Related Matters
- Setting up of new entities in India including Companies, Joint Ventures (JVs), Branch Offices Etc.
- Setting up of Not for profit entities viz. Section 8 Companies, Societies, Trust etc.
- Conversion of entities viz. Limited Liability Partnerships, Partnerships, Companies as required.
- Reconstruction including merger, amalgamation, capital reduction and demerger
- Assistance and advice on composition of the Board and its committee
- Advisory and compliance for Buy Back, Corporate Social Responsibility, change of directors and KMPs, Related Party transactions, Managerial Remuneration etc.
- Assistance and advice for issuance, transfer, transmission, redemption, dividend on securities (both listed & unlisted)
- Long term incentive plans viz. ESOP, SAR, RSU etc.
- Framing policies, code of conduct and compliance manual
- Obtaining Regulatory approval from relevant authorities
- Review of compliance under the Companies Act, 2013
- Assistance and advice in adjudication of penalties on identified non-compliances
- Assistance in drafting and filing of replies to notices to ROC, RD and NCLT
- Compounding of contravention with RD and NCLT etc.
- Condonation of delay in filing of returns, reports, intimations etc.
- Handling NCLT matters such as restructuring, oppression and mismanagement etc.
Limited Liability Partnership (LLP) Act
- Setting up of Limited Liability Partnerships
- Conversion of Existing Entities into LLPs And Vice Versa
- Assistance and advice in preparation and/or amendment of LLP Agreement
- Dissolution of LLPs
SEBI & NBFC
Securities And Exchange Board of India (SEBI) Consultation and Advisory
- Compliance under LODR 2015 for the Listed Entities
- Assistance and advice on requirement under SEBI Takeover Code
- Assistance and advice on Take-Over, Buybacks, ESOP Delisting, and Dematerialization of Shares etc
- Assistance and advice on Strategic Debt Restructuring Scheme Setting Up of Alternate Investment Fund (AIF) and Related Regulatory Compliances and Structuring Advisory
- Advice on SEBI Guidelines on FPI & FVCI
- Seeking approval from Stock Exchange for undertaking schemes of Merger/Demerger/Arrangement, as applicable
- IPO Preparedness of privately held entities
- Assistance and advice to market intermediaries
- Review of compliances of listed entities and SEBI registered market intermediaries
NBFC (Non-Banking Financial Companies) Advisory and Compliances:
- Seeking approval for NBFC registration from RBI;
- Assistance and advice on NBFC matters under applicable extant regulations
- Filing of returns with RBI
- Assistance in Compliance management for CICs (Core Investment Companies)
- Assistance and advice on applicability of FEMA, ECB framework, investments on NBFCs
- Assistance and advice for seeking various approvals from regulatory bodies, if required
- Advice on registration and cancellation of NBFC
- Assistance and advice in handling matters related to RBI inspection of NBFC.
