Foreign Exchange Management Act (FEMA)

With the introduction of FEMA in 1999, it has aided in creating a liberalised foreign exchange environment in India. We, at INDO JPN HORITSU SERVICES LLP focus on taking a holistic approach in forming strategies to capture value across the boundaries. Our aim is to provide optimum solution thereby creating a value addition mechanism for our clients.

Inbound Investment Strategies

Easing of the Foreign Direct Investment (FDI) norms has driven the growth of country’s economy. The Government’s investor friendly policies have acted as a catalyst in creating India a hub for Foreign Direct Investment.

Key Services Offered are:

• Framing the strategy to enter India from financial, compliance & regulatory angle
• Supporting in taking regulatory approval from Reserve Bank of India, Foreign Investment Facilitation Portal & other concerned departments
• Advise on the potential repatriation strategies
• Assistance in opening a branch office, liaison office of the oversees company
• Assistance in filing Annual Return on Foreign Liabilities and Assets (FLA)
• Assistance in reporting of Transfer of shares

Outbound Investment Strategies (ODI)

With the focus of one world & one market, companies in India are making global footprints to level up their impact & growth strategies. Given the laborious efforts required in understanding the regulatory framework & the business risk, our team of experts provides the following services for Oversees Direct Investment (ODI).

• Structuring the cross-border strategy
• Assistance in Opening/Hiring of Ware houses abroad & branch office
• Assistance in reporting of Annual Performance Report (APR)
• Framing the procedure for hedging of overseas direct investments

External Commercial Borrowings (ECB)

Indian companies prefer borrowings from external sources to reduce their cost of borrowing and has been used for extensive capital investment projects. With RBI easing the norms, ECBs has become attractive mode of borrowing funds but subject to conformity of parameters.

Key Services offered:

• Advise on the facilities available for borrowing in Foreign Currency
• Assistance in Raising & Reporting of External Commercial Borrowings (ECB)
• Assistance in preparing the hedging requirements

Non-Realization of Export Proceeds (force-majeure)

The amount representing the full export value of goods / software/ services exported shall be realised and repatriated to India within nine months from the date of exports

Key services offered:

• Assistance in obtaining certificate from the concerned Foreign Mission of India about the fact of non-recovery of export proceeds from the buyer.
• Preparation of application for approval from Reserve Bank of India (RBI) or Authorized Bank to writes off the requirement of realization of export proceeds.
• Surrender of proportionate realized export incentive such as drawback/refund etc.
• Representation in Committee on Quality complaints and Trade Disputes (CQCTD) lodged by foreign buyer

Regulatory & Ancillary Services

• Assistance in obtaining GR waiver for export of goods on free of cost.
• Setting up of Private Bonded Warehouses for Exports & reporting requirements
• Reporting of ESOPs for allotment of equity shares
• Assistance to Exporter to exit from Caution List of RBI
• Preparation & Representation on behalf of exporter for Compounding of Contravention under The Foreign Exchange Management Act, 1999 and Regulation there under.
• Assistance in providing Insurance or Guarantee from Export Credit Agencies (ECAs) to protect against losses arising out of payment failures