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RBI Compliance Lawyer in Delhi
Expert legal assistance for FEMA compliance, FDI reporting, and banking regulations
⚠️ FEMA Contravention Penalties
Penalties under FEMA: Up to 3 times the sum involved or ₹2 lakhs, plus continuing penalty of ₹5,000 per day. Directors can also be held personally liable.
RBI & FEMA Compliance Services
Complete regulatory compliance for cross-border transactions
The Foreign Exchange Management Act (FEMA), 1999 governs all foreign exchange transactions in India. Our lawyers help companies and individuals achieve RBI/FEMA compliance for FDI, ODI, ECB, foreign investments, and cross-border transactions.
Key Compliance Areas
Foreign Direct Investment (FDI)
FC-GPR, FC-TRS, downstream investment, sectoral caps, pricing guidelines
Overseas Direct Investment (ODI)
Form ODI, annual performance reports, overseas investment limits
External Commercial Borrowings (ECB)
ECB framework, lender/borrower eligibility, end-use restrictions
NRI Banking
NRE/NRO/FCNR accounts, repatriation, remittances
Liberalised Remittance Scheme (LRS)
Remittance limits (USD 250,000 per FY), permitted purposes
FEMA Adjudication
Representation before FEMA adjudicating authority, compounding
RBI Statutory Filings & Deadlines
| Form / Return | Purpose | Due Date |
|---|---|---|
| FC-GPR | ||
FEMA Compounding Process
Regularization of FEMA contraventions through compounding
Application
Form FEMA 1
Adjudication
By RBI officers
Compounding Order
Imposition of penalty
Payment
Within 15 days
Documents Required
Frequently Asked Questions
What is FEMA?
Foreign Exchange Management Act, 1999 - governs all foreign exchange transactions in India.
What is FC-GPR form?
Form filed with RBI within 30 days of issue of shares to foreign investors.
What is FEMA compounding?
Process to regularize FEMA contraventions by paying penalty without adjudication.
What is the LRS limit for remittances?
USD 250,000 per financial year for permissible current/capital account transactions.
What are penalties for FEMA violation?
Up to 3 times the sum involved or ₹2 lakhs, plus continuing penalty of ₹5,000 per day.
What are RBI compliance fees?
Based on transaction complexity. Free consultation available.
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