The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India
Chandak Agarwal & Co offers end to end support services to Entities planning or having presence in India such as Company formation, incorporating or forming a Limited Liability Partnership (LLP), compliance with Foreign Direct Investment (FDI) and procedures therein and Registration with Statutory Authorities wherever required.
The firm’s expertise lies in providing Non Residents a – most effective entry strategy into India. Right from entity selection, selection of tax jurisdiction or opting between Branch versus Wholly Owned Subsidiary or assisting in forging alliance with Joint Venture Partner, all these has been our forte. The Firm also caters to the needs of business associates and partners in formalising their understanding by drafting Shareholders’ Agreement or Memorandum of Understanding or representing them in negotiation with their joint venture partner(s).
The Firm also advises Indian Corporates and Residents to establish business presence outside India or acquire various assets outside India in accordance with the applicable Indian laws. It also advises clients on the most tax efficient model and choosing appropriate tax jurisdictions for their outbound investments from India. The Firm has an expert team to advise on such transactions and handle related compliances.
The firm’s philosophy is to deliver value by providing quality services through seamless delivery of critical knowledge by adopting best practices & processes.
International Taxation Several multinational enterprises have entered the boundaries of India resulting in colossal influx of foreign direct investment (FDI) in India. Also, since the advent of liberalization, Indian entities have made overseas direct investment in diversified countries to capture global opportunities. We provide advisory services for corporate structuring and planning, Double tax relief and tax treaties interpretation, outbound and inbound investments, compliance related to foreign remittances, transfer pricing and representation in assessments.
- Transfer pricing: The price paid for transfer of goods or services from one entity to another situated in divergent countries with prescribed exceptions. Such value attached to goods or services transferred amongst related parties is termed as transfer pricing. We offer effective solutions to companies which undertake international transactions or specified domestic transactions with its associated enterprise or group companies. Our services include:
- Transfer pricing analysis and tax structuring
- Preparation of transfer pricing documentation
- Representation for transfer pricing assessments