What the Law Says
The Foreign Exchange Management Act, 1999 (FEMA) governs all transactions involving foreign exchange in India. Unlike its predecessor FERA, FEMA treats most violations as civil offences — but penalties are severe, and compounding is the primary resolution mechanism.
The RBI administers FEMA through detailed regulations: FEMA (Non-debt Instruments) Rules, 2019 for FDI; FEMA (Overseas Investment) Rules, 2022 for ODI; and various Master Directions covering capital account transactions, remittances and more. The LRS permits resident individuals to remit up to USD 2,50,000 per year for permitted purposes.
What We Do
- FDI Compliance — Structuring inbound foreign investment, FCGPR and FCTRS filings, reporting under FIRMS portal, sectoral cap analysis
- ODI Advisory — Outbound investment structuring for Indian companies and individuals; Form ODI filings; overseas JV/WOS compliance
- LRS Advisory — Permitted use analysis for remittances, TCS implications, documentation for education/travel/investment remittances
- Compounding Applications — Filing and arguing compounding applications before RBI; pre-compounding strategy to minimise penalty
- FEMA Adjudication — Representation before the Adjudicating Authority and ATFE in contested FEMA proceedings
- Branch/Liaison/Project Office — Establishment approval, compliance and closure filings for foreign company offices in India
- NRI Banking & Repatriation — NRE/NRO account advisory, repatriation of Indian asset sale proceeds, inherited property repatriation
Fee Guide
Nath & Nath Law Offices operates on a transparent, upfront fee structure. Every engagement begins with a clear written estimate — no surprises, no hidden charges.
| Service | Indicative Fee Range |
|---|---|
| FEMA Consultation (1 hour) | ₹5,000 – ₹10,000 |
| FCGPR / FCTRS Filing | ₹10,000 – ₹25,000 |
| LRS Compliance Advisory | ₹8,000 – ₹20,000 |
| Compounding Application — Filing | ₹40,000 – ₹1,50,000 |
| Compounding — Hearing & Representation | ₹25,000 – ₹75,000 per hearing |
| ATFE Appeal | ₹50,000 – ₹2,00,000 |
| Branch/LO/PO Establishment | ₹25,000 – ₹75,000 |
| Annual FEMA Retainer | ₹40,000 – ₹1,50,000 p.a. |
* All fees are exclusive of applicable GST. Court filing fees, stamp duty and statutory charges are billed at actuals.