Compliance for cross border transactions is quite cumbersome in India & is a common irritant for most companies. Although there have been considerable improvements and efforts by the government and RBI to digitise the process and simplify to the extent possible, still FEMA remains a haunted territory for all business. This is more because of the very severe penalties and prosecution that are prescribed besides the huge time required for planning and implementation of FEMA compliances.

An increased flow of funds, inbound as well as outbound has increased the level of check on compliances in context of foreign exchange transactions.

We at Finegral have tailor made services to deal with the Foreign Exchange and Management Act transactions and their compliances. So be it simple cross border transactions like import or export of goods / services or one time activities like external commercial borrowings ECBs , equity capital infusion, transfer of shares etc. whether inbound or outbound our services include end to end solutions right from negotiating with bankers to advisory and compliances.