FEMA Regulations  Foreign Investments

FEMA Regulations Foreign Investments


  • Online Registration

    Online Ticket

    Sale Date Ended

    INR 4000
    Sold Out

Invite friends

Contact Us

Page Views : 553

About The Event

In the light of economic reforms and the liberalised business scenario in the country, the Foreign Exchange Management Act (FEMA) was introduced in India in 1999 which emerged as an investor friendly legislation. This act relaxed foreign exchange restrictions resulting in significant flow of investments into India over the years making it one of the most lucrative FDI destinations in the world. On the other hand Indian businesses have also been very aggressive in making investments overseas. Such rising inbound and outbound investments make it crucial to understand those regulations that govern such capital inflows and outflows. All transactions involving foreign exchange fall under preview of Foreign Exchange Management Act (FEMA) read with FDI policy. The new consolidated FDI Policy of 2014 and have introduced certain significant changes and is expected to bring in more FDI equity inflows into India.

Astrazure’s full day workshop on FEMA Regulations and Foreign Investments will identify and throw light on various issues related to FEMA compliances and investments into and from India.

Benefits of attending:

- Know the regulations of Foreign Exchange Transactions
- Understand the critical aspects related to Inbound and Outbound investment
- Gain insights on how to set up business in India
- Learn the important aspects of external commercial borrowings
- Know the latest changes in the New consolidated FDI Policy


Workshop Agenda:


Module I: Introduction to FEMA and Inbound Investments

Foreign Exchange Management Act 1999

An Introduction to FEMA Legislation
FEMA Structure
Types of Transaction
Recent Developments 

Inbound Investments:

Branch and Liaison Office
     - Who can set up
     - Routes
     - Permissible Activities
     - Criteria of considering Permission by RBI
     - Documents to file
     - Expansion/Additional Activity
     - Annual Activity Certificate
     - Closure

Project Office
General Conditions applicable to all


Module II: Outbound Investment and Compounding of Contraventions

Outbound Investment
ODI regulations- Investment Routes
Eligible Investors and General Prohibition
Direct Investments Abroad by
 - Corporates & Registered Partnership Firms
 - Individuals

ODI by Trust and Societies
Funding Mechanism
Valuation and Compliances
Restructuring of Investments
Liberalized Remittance Scheme

Compounding of Contraventions

Compounding Proceeding under FEMA
Contraventions & Penalties at a glance

Module III: FDI and Indirect Foreign Investments

Foreign Direct Investments

Entry Routes and eligible Entities
Sectoral analysis (Restricted, Prohibited & Permitted)
FDI in Partnership FirmsFDI Venture Capital Fund
Eligible Investors and prohibitions
Eligible Instruments for Investment
Pricing of Instrument
Consideration for Investment
Reporting and Remittance

Indirect Foreign Investments

Downstream Investments
Transfer of Shares
Round Tripping

Module IV: External Commercial Borrowings

Routes of availing ECBs
Eligible Borrowers and Lenders
Permitted and Prohibited End Use
Repayment and Refinancing
Parking of ECB Proceeds Overseas
Conversion of ECB into Equity
Procedure and Compliance
Structured Obligation
Other Instruments that require Compliance with ECB norms


Workshop Experts:

1- Lalit Kumar - Partner, J. Sagar Associates

Lalit Kumar is a Partner with J. Sagar Associates, one of the leading law firms in India. He has in the past 12 years acted for various companies and institutions in a wide variety of corporate commercial transactions, such as corporate restructuring, joint ventures, mergers & acquisitions (both inbound & outbound), demergers, etc. As part of these transactions, he has advised clients on diverse issues, and specializes in company law including the new Companies Act, 2013, regulations framed by the SEBI (Securities & Exchange Board of India), FEMA (Foreign Exchange Management Act) regulations and the Foreign Direct Investment Policy and other related corporate laws.


He regularly writes articles for prestigious business and legal publications, including for some of the leading financial dailies. He is a frequent speaker at conferences, seminars and sessions organized by eminent institutions and federations and professional bodies and law colleges.


2- Vaibhav Kakkar - Partner, Luthra & Luthra Law Offices

Vaibhav Kakkar is a Partner in the Corporate and Regulatory Practices Team of Luthra & Luthra Law Offices, New Delhi. He has a unique mix of extensive regulatory and transactional expertise, and specializes in structuring transactions (especially cross-border), and advising on foreign investment/exchange laws, company law and securities laws. He has advised several global corporations on appropriate strategies in relation to investments in India and domestic and multinational clients on significant and complex corporate matters including cross border mergers & acquisitions, joint ventures, private equity transactions.

His regulatory insights, extensive transactional experience enable him to devise and implement structures which possess maximum regulatory efficiency, and provide creative solutions that achieve transactional goals and commercial objectives. He has also been nominated as a leading lawyer by Asialaw in 2012 and 2013 in the following areas: i) General Corporate; (ii) Regulatory Practices; and (iii) Corporate Governance

3- Sahil Gupta  - Senior Manager Tax & Regulatory Service, PwC India

Sahil Gupta has over 10 years of experience in advising foreign investors set up operations in India. He is currently a senior manager with PwC’s tax and regulatory services division. Sahil’s areas of expertise include investment structuring advisory from the perspective of prevalent regulatory and tax framework in India, viz. foreign investment policy, exchange control and taxation laws, sectoral framework and Indian corporate laws.

He has successfully helped many foreign companies set up operations in India, ranging from sectors such as entertainment and media, trading, aerospace & defence, real estate and infrastructure. He has assisted clients in evolving an appropriate tax efficient and regulatory compliant structure for their India project and helped them obtain regulatory approvals, including from FIPB, RBI, DIPP and Ministry of Information & Broadcasting. He has developed strong and independent business relationship with senior policy makers in the Government. Prior to joining PwC, he has also worked with the United Nations in Geneva. He was responsible for helping least developed and developing economies in streamlining their foreign investment laws to attract FDI


4- Ravi Shingari – Partner, KPMG in India

Ravi Shingari is a Partner of International Tax and Regulatory practice of KPMG in India.  He has experience in diverse international tax matters relating to multinational and domestic clients in a wide range of industries. He has worked on a range of assignments, involving cross border acquisitions and investment structuring, domestic tax laws, exchange control regulations, double taxation avoidance agreements, tax dispute resolution and other international tax matters. He heads the Japanese Client Service Team from tax perspective.  He has advised several Japanese companies on various tax & regulatory issues. He has also advises funds/ foreign investors on their entry strategies and devising tax-efficient ownership and operating structures.


For more information please contact Biplab Sengupta on  8130826342 / Aneesh Garg on 9871919293 or write us at trainings@astrazure.com