Achromic Point brings this highly Interactive Cross Border Remittances - A FEMA Perspective on 17th January 2025 discussing the Overview of Foreign Exchange Management Act, FEMA and Residential Status, Borrowings and Other Concepts, External Commercial Borrowings (ECB) and Other Concepts, FEMA and Valuation and much more.

Who should attend:

• Procurement Personnel
• Finance personnel
• Head/Managers of Trade finance
• Company Secretaries
• General Counsel/Legal Counsel
• Head/Managers of Regulatory Compliance

Agenda:

10.00 AM - 11.00 AM
Session 1:

• Overview of Foreign Exchange Management Act

• Basic Fundamentals relating to Residential Status
• Other Key Definitions – Capital and Current Account Transactions, Import and Export transactions

• Foreign Direct Investment and Related Aspects

• FDI: Direct Equity in Company and LLP
• Foreign Institutional Investment
• FPI, Downstream Investments
• FDI and Partnership Firm, Proprietorship on repatriation /non repatriation basis Secretarial Auditor’s Responsibility from a FDI perspective.

11.00 AM - 12.15 PM
Session 2:

• FEMA and Residential Status

• FEMA for NRIs

• Facilities and Obligations
• Buying Immovable Property in India
• Remittance facilities for NRIs

• FEMA for RIs

• Liberalized Remittance Scheme
• Buying Immovable Properties Outside India
• Foreign Currency Accounts in India and Outside India Acquisition of foreign security
• Facilities for returning Indians
• Facilities for Person Resident but Not Ordinarily Resident.

12.15 PM - 01.30 PM
Session 3:

• Borrowings and Other Concepts

• Borrowing and Lending in Indian Rupees and External Commercial Borrowing, Trade Credits, Guarantees
• Compliances, Monitoring & Reporting
• Secretarial Auditor’s Responsibility from a ECB perspective”

01.30 PM – 02.15 PM
Lunch

02.15 PM - 03.30 PM
Session 4:

• External Commercial Borrowings (ECB) and Other Concepts

• Routes of availing FCY ECB and INR ECB
• Eligible Borrowers and Lenders, Maturity period, End use restrictions
• ECB Liability/ Equity Ratio
• Guarantees/Security, Repayment and Refinancing
• Procedure and Compliance
• Trade Credits and Structured Obligation
• Other Instruments that require Compliance with ECB norms

• Overseas Direct Investment

• Outbound Investment (Overseas Investment in LLC, INC., PTY etc.)
• Setting Up Trading Offices, Non-Trading Offices Overseas.
• Secretarial Auditor’s Responsibility from a ODI perspective.

• Setting up of Liaison Office/Branch Office/Project office in India- FEMA and Companies Act

04.45 PM – 06.00 PM
Session 6:

• FEMA and Valuation
  • Evolution of Pricing Guidelines under FEMA
  • Internationally accepted valuation methodology
  • Complex Capital Structure
  • Valuation methodology under Income Tax Act, 1961
  • Income Tax Act, 1961 Vs FEMA
  • Case Laws

THOUGHT LEADERS:

• Archana R Panchal
  Partner
  JSA Advocates & Solicitors
   
• Prakhar Dua
  Nishith Desai Associates
   
• Rahul Chheda
  Associate Director Direct tax & Regulatory Service
  Nexdigm
   
• Kalpit Khandelwal
  Partner
  Aekom Legal
   
• Jayasimha Pasumarti
  Director - Investment Banking
  JPR Capital