Engaging a FEMA Consultant helps businesses navigate the Foreign Exchange Management Act (FEMA), 1999, under RBI regulations, ensuring compliance with cross-border trade, investments, and remittances.
🏷️ 2. Types of Advisory Services Offered
- Inbound Foreign Investment (FDI/ODI) Advisory
- Current and Capital Account Compliance (FC-GPR, FLA returns)
- Liberalised Remittance Scheme (LRS) & NRI Remittance Support
- FFMC & Money Changer Licensing
- FEMA Audit, Due Diligence & Violation Compounding
👥 3. Who Needs These Services?
- Startups raising foreign equity
- Import‑export businesses with cross-border payments
- NRIs using LRS for overseas remittances
- Banks/FFMCs handling foreign currency
- Companies repatriating profits or making overseas investments
🤝 4. Why Choose a Professional Consultant?
- Stay updated with 2025 FEMA amendments, like INR‑settlement rules effective Jan 16, 2025
- Structure investments and transactions legally, minimizing forex risk
- Prepare flawless documentation—e.g. FC-GPR, FLA, company board resolutions
- Avoid heavy penalties—non‑compliance fines can be 3× contravention amount
✅ 5. Engagement Process – Step-by-Step
- ⬜ Free assessment to identify your FEMA needs
- 📄 Determine service—FDI, LRS, FLA, violation compounding, FFMC
- 📚 Collect documents—incorporation, agreements, remittance proofs
- 🏢 Liaise with RBI-authorized dealers or the RBI/ED for approvals
- 🧾 Prepare and submit forms (FC-GPR, ARF, LRS declarations, etc.)
- 🕵️ Track application progress; respond to RBI queries
- 🗓 Ensure ongoing compliance—annual filings, audits, updates
🧾 6. Required Documents
- Certificate of Incorporation, PAN, GST, MoA/AoA
- Board/resOLUTIONS for investment/remittance
- FC‑GPR/ARF forms, FIRC, LRS declarations
- Bank reference/capital fund statements
- FFMC applications (including net owned funds proofs)
💰 7. Cost Involved
| Service Type | Approx. Cost (₹) |
| FDI advisory (FC-GPR, etc.) | ₹25,000–₹60,000 |
| LRS/NRI remittance filings | ₹5,000–₹15,000 |
| FFMC license support | ₹50,000–₹1.5 Lakh |
| Violation compounding | ₹30,000–₹75,000 |
| Total (package) | ₹1 Lakh–₹3 Lakh+ |
⏱ 8. Time Taken
- ⚙️ Simple filings (LRS/FC-GPR): 1–2 weeks
- 🧾 FDI & FLA compliance: 3–4 weeks
- 💲 FFMC approvals: 2–3 months
- 🛑 Violation compounding: 1–2 months
- Total: Varies from 2 weeks to 3 months, depending on complexity
⚠️ 9. Common Mistakes to Avoid
- Filing late FC-GPR/ARF reports
- Overlooking FLA returns, even with small FDI inflows
- Misuse of LRS for gifting or capital remittance
- Skipping RBI/ED filings for violations—this attracts hefty penalties
📞 10. Call-to-Action (CTA)
Need a trusted partner for FEMA compliance across India?
📧 Email: opriyatrendingpvtltd@gmail.com
📱 WhatsApp: +91 7588756518
🌐 Visit: opriyatrending.in (use compliance badge icon)
❓ 11. FAQs
Q1. What’s the new INR settlement rule?
➡️ From Jan 16, 2025, RBI allows certain cross-border trade in INR—no dollar dependency
Q2. What’s the penalty for late FC-GPR?
➡️ Up to three times the amount involved in the contravention
Q3. Can NRIs gift money outside under LRS?
➡️ Yes, up to US $250k/year—but specific forms and declarations are required
Q4. What is FFMC?
➡️ A RBI-issued licence to transact in forex—needs min net‑owned funds of ₹25 L (single‑branch)
Q5. How can violations be regularized?
➡️ Through violation compounding applications with penalties—consultants guide the process
