FEMA Advisory and Compliance for NRIs

• Becoming an NRI: Assistance with the process of becoming an NRI under the Foreign Exchange Management Act (FEMA) and understanding the implications on taxation, banking, and property ownership in India.
• Students Going Abroad: Tailored guidance for students intending to study abroad, ensuring compliance with FEMA regulations while managing their finances and remittances.

Income Tax Advisory for NRIs

• Tax Residency Status Determination: Support in determining the tax residential status of NRIs under the Income Tax Act and its implications for their worldwide income.
• Double Taxation Avoidance Agreements (DTAA): Assistance in understanding and applying the provisions of DTAA to ensure optimal tax treatment on income earned in India and abroad.

FEMA & Income Tax Compliance for Returning NRIs

• Guidance for returning NRIs on their re-entry into India, with insights into tax obligations under FEMA and the Income Tax Act, including treatment of foreign income and assets.

NRI Regulations and Compliance

• Regulations for NRI Investments: Advice on regulations governing investments by NRIs in Indian entities, securities, and financial markets.
• Financial and Property Investments in India: Assistance with compliance and strategic planning for real estate and other financial investments in India, ensuring full adherence to FEMA and other related laws.

Business Setup in India

• Comprehensive advisory for NRIs interested in setting up businesses in India, including company formation, tax registrations, and compliance with Indian corporate laws and regulations.

Expatriate Services

• Guidance on expatriate employment and residence in India, including visa and work permit requirements, and tax implications for foreign employees working in India.

Repatriation of Funds

• Advisory on the repatriation process for NRIs, ensuring smooth transfer of funds from India to foreign jurisdictions while complying with FEMA regulations.

Inheritance, Gifts, and Succession Planning

• Expertise in managing inheritance, gifts, and succession planning for NRIs with assets in India, ensuring compliance with applicable laws and tax liabilities in both India and abroad.

Immovable Property Transactions

• Investment and Divestment: Advisory on purchasing, selling, or leasing immovable property in India, including legal, tax, and regulatory aspects under FEMA and the Income Tax Act.
• Property Ownership Compliance: Ensuring compliance with FEMA regulations for NRIs owning property in India, including reporting, filings, and other regulatory obligations.

NRI Bank Accounts and Financial Compliance

• Support in managing NRI-specific bank accounts, including NRE, NRO, and FCNR accounts, and ensuring adherence to RBI and FEMA guidelines.
• Assistance with the filing of various forms, tax reports, and other required documentation.

Statutory & Regulatory Filings

• Timely support for filing returns, regulatory documents, and compliance reports as required by Indian authorities, including income tax, FEMA, and other statutory bodies.