With an increase in cross-border transactions, both inbound & outbound, there is a heightened need to understand & ensure compliance with complex, evolving legislations covered under the Foreign Exchange Management Act (FEMA) 1999. We do a systematic analysis of all Forex Transactions of the client and examine the compliance of Foreign Exchange Management Act and provide Forex transaction advisory / FEMA Advisory.
This will enable the company to know if any violations under FEMA are committed.
Foreign Exchange laws / Foreign Exchange Management Act are /is one of the most stringent law of the country and are /is subject to changes at rapid pace. As an organization, it is necessary to make sure that all your transactions related to foreign exchanges are in compliance with law and if not, necessary precautionary measures shall be undertaken to rectify the same.
MaxBusiness assisted by leading international tax consultants and FEMA consultants in Delhi and Mumbai is the leading business services provider in India for Inward and outward remittances, FEMA compounding consultancy, foreign company approvals, foreign investments consultants, Investment in foreign assets, TDS on foreign remittances, filing 15CA/15CB form, RBI approvals, FEMA certifications, Foreign exchange regulatory compliances, non-resident taxation and many more.
Here, we analyse all transactions, inbound & outbound, undertaken during the period under scrutiny from the point of compliance with foreign exchange laws and provide required FEMA Advisory including remedial measures, in case of any deficiency. MaxBusiness can help your business as a trusted FEMA consultant for your foreign financial transactions. Get a free consultation by scheduling an appointment with a MaxBusiness advisor at 01149095741/ 41101741.