Foreign Exchange Management – Inbound and Outbound Transactions

The Foreign Exchange Management Act, 1999 (FEMA) was enacted by the Indian Government to replace the Foreign Exchange Regulation Act (FERA) and promote cross-border trade, investment, and external payments in India. FEMA addressed the limitations of FERA and introduced several economic reforms to facilitate smooth foreign exchange management.

FEMA applies across India and extends to agencies and offices outside India that are owned or managed by Indian citizens. It governs transactions involving foreign exchange, foreign securities, import/export of goods and services, banking, financial and insurance services, and foreign investments in Indian companies.

Our services

Our firm advises cross-border and Indian clients in all aspects of foreign exchange management, including:

Inbound and outbound investment transactions
Devising investment strategies, including the formation of subsidiaries, joint ventures, or other structures
Ensuring compliance and reporting in accordance with FEMA and RBI guidelines
Advising on repatriation of funds and profits from India
Assisting with transfer of business or assets, including intellectual property and related documentation

Our approach

With extensive experience in transactional advisory and compliance, our team provides practical solutions to complex legal issues. We collaborate with associates and clients to:

Our Expertise