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FEMA Compliance Services for NRIs – N.D. Savla & Associates

The Foreign Exchange Management Act (FEMA) governs all cross-border financial transactions involving Non-Resident Indians (NRIs), Overseas Citizens of India (OCI), and Persons of Indian Origin (PIO). From buying or selling property in India, investing in Indian companies, repatriating funds abroad, or receiving gifts and inheritances, FEMA compliance is critical. At N.D. Savla & Associates, we offer specialized FEMA advisory for NRIs, ensuring that every transaction is legally valid, RBI-approved, and risk-free.

Overview

FEMA regulates the inflow and outflow of foreign exchange to and from India. Any violation may attract penalties and delays in repatriation of funds, NRI investments, or property transactions. Our services cover advisory, documentation, and filing of all FEMA and RBI-related forms, giving NRIs clarity and peace of mind.

Features

  • Advisory on NRI property purchase and sale under FEMA rules

  • Assistance with RBI filings for investments, share transfers, and startups

  • FEMA compliance for repatriation of sale proceeds, inheritances, and gifts

  • Filing of key FEMA forms like FC-GPR, FC-TRS, FLA Return

  • FEMA due diligence before large transactions

  • Representation before RBI/Authorized Dealer Banks for compliance

Documents Required

  • Passport & Visa copies

  • PAN card

  • Bank account details (NRE/NRO/FCNR)

  • Property purchase/sale agreements

  • Investment agreements / share certificates

  • FEMA declaration forms

  • Proof of source of funds (sale deed, inheritance, business income)

Procedure

  • Transaction Review – Analyze the nature of transaction (property, investment, repatriation).

  • FEMA Applicability Check – Verify the relevant FEMA regulations and RBI circulars.

  • Documentation – Prepare FEMA declarations, agreements, and supporting proofs.

  • Filing & Approvals – Submit required forms (FC-GPR, FC-TRS, FLA Return, LRS) to RBI/Authorized Dealer Bank.

  • Compliance Confirmation – Obtain acknowledgment from the bank/RBI and maintain records.

Why This Matters

Improper handling of FEMA rules can result in blocked remittances, invalid property transactions, or penalties from RBI. With N.D. Savla & Associates, your NRI FEMA compliance is handled accurately, ensuring smooth cross-border financial management and long-term peace of mind.