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Foreign Direct Investment and FEMA Services in India

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Old 05-24-2013, 02:59 AM
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Default Foreign Direct Investment and FEMA Services in India

A foreign company can invest in India either as a wholly owned subsidiary or through a joint venture. Foreign Direct investment to India is governed by the Foreign Direct Investment Policy (FDI) and the Foreign Exchange Management Act (1999) FEMA.

Automatic Approval Route:

FDI in sectors or activities to the extent permitted under automatic route does not require any prior approval either by Government of India or Reserve Bank of India (RBI). The investors are only required to notify the regional office concerned of RBI and file the required documents with in 30 days if the investment.

Foreign Investment Promotion Board (FIPB) Approval Route:

Foreign Investment Promotion Board (A Government of India Body) is a single window clearance for proposals on Foreign Direct Investment in India with are not allowed access through automatic route.

The ministrial body examines and discusses proposals for FDI in sectors with caps, sources and instruments that require approval under FDI policy. The Minister of Finance considers the recommendations of the FIPB for foreign investment upto Rs. 1200 crore. Proposals above Rs. 1200 crores require the approval of the Cabinet Committee on Economic Affairs (CCEA).

EIPB has a strong record of activity encouraging the flow of FDI into the country through speedy and transparent process.

How we may help you?

We have a team of qualified and experienced professionals who can assist you in the following services with respect to setting up business in India:
Structuring your investment in India and suggesting the best possible mode
Obtaining permission from RBI/FIPB where required
Incorporating company
Drafting legal agreements such as Joint Venture Agreement, Technology/Foreign Collaboration Agreements, etc.
Obtaining PAN/TAN
Filing of Annual Activity Certificates
Advising and assisting on Regulatory Compliances, etc.
 

Last edited by ajshco; 11-10-2014 at 04:41 AM.
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