FEMA Consultant in Ashok Nagar, Chennai
We handle foreign direct investment reporting, overseas investment, annual FLA returns and compounding of FEMA delays for companies and individuals in Ashok Nagar, Chennai. Reporting is online on RBI's FIRMS portal through your authorised bank.
FEMA and foreign investment for Businesses in Ashok Nagar
Families here often ask about sending money abroad for education or investment under the Liberalised Remittance Scheme, and about the tax collected at source on such remittances. Chennai is where we file most of our FC-GPR and FLA returns, for subsidiaries of foreign companies and start-ups with foreign investors.
Ashok Nagar is in Chennai district, in Chennai City Corporation taluk. India Post serves it through the Ashoknagar post office and 1 more: Jafferkhanpet. Neighbouring areas include Tondiarpet, Jawahar Nagar, Purasawalkam and Kotturpuram.
Our FEMA and foreign investment work for Ashok Nagar clients
- FC-GPR: reporting of shares issued to foreign investors within 30 days of allotment
- FC-TRS: reporting of share transfers between residents and non-residents within 60 days
- FLA return: the annual return to RBI by 15 July
- Subsidiaries: set-up and compliance for Indian subsidiaries of foreign companies
- Remittances: CA certificates and LRS questions for outward payments
What must be reported when a foreign investor puts money in?
A company that issues shares to a non-resident reports it in Form FC-GPR within 30 days of allotment, and a transfer of shares between a resident and a non-resident is reported in Form FC-TRS within 60 days of the transfer or the receipt of consideration, whichever is earlier. Indian companies and LLPs with foreign investment file the Foreign Liabilities and Assets (FLA) return by 15 July every year. These rules come from the Foreign Exchange Management Act, 1999 and the FEM (Non-debt Instruments) Rules, 2019.
What about investing abroad or late filings?
Indian companies investing abroad follow the Foreign Exchange Management (Overseas Investment) Rules, 2022 and file an annual performance report for each overseas entity. Individuals can remit up to USD 250,000 a financial year under the Liberalised Remittance Scheme. Delays in FEMA reporting can be regularised by paying a late submission fee or through compounding with RBI, which we prepare.
Deadlines, documents and the full FEMA and foreign investment guide for Chennai are on our FEMA Consultant in Chennai page.
Other Services in Ashok Nagar
Company Registration in Ashok Nagar
Private limited, LLP, OPC and Section 8 companies, with PAN, TAN and GST set up at incorporation.
GST Consultant in Ashok Nagar
Registration, monthly and annual returns, input-credit reconciliation with GSTR-2B, and replies to GST notices.
GST Appeal Consultant in Ashok Nagar
First appeals under section 107 of the CGST Act, appeals to the GST Appellate Tribunal, and replies to show cause notices.
Income Tax Consultant in Ashok Nagar
Income-tax returns, tax audit, capital gains on property and shares, and replies to income-tax notices.
Income Tax Appeal Consultant in Ashok Nagar
Appeals to the CIT(A) within 30 days, stay of demand, and appeals to the Income Tax Appellate Tribunal.
IBBI Registered Valuer in Ashok Nagar
Valuation of shares and financial assets by CA V. Viswanathan, IBBI Registered Valuer (IBBI/RV/03/2019/12333).
Auditor in Ashok Nagar
Statutory audit under the Companies Act, tax audit, LLP audit, and audits that banks accept for loans.
FEMA Consultant in Nearby Areas
Why Choose V Viswanathan Associates
- Chennai-Based CA Firm— Practising since 2012 from G-131, Spencer Plaza, Anna Salai, Chennai.
- IBBI Registered Valuer— Share and financial-asset valuations signed by CA V. Viswanathan (IBBI/RV/03/2019/12333).
- FCA, ACS, CFE— Tax, company law and forensic accounting under one roof.
- Appeals End to End— GST and income-tax appeals handled from grounds of appeal to the hearing.
- Online by Default— Documents shared online, filings signed with a digital signature, meetings at our office or by video call.
Questions About FEMA and foreign investment in Ashok Nagar
Do you provide FEMA and foreign investment services in Ashok Nagar?
Yes. We work with clients across Ashok Nagar, including Jafferkhanpet. Clients in Ashok Nagar share documents with us online and sign filings with a digital signature; meetings are at our Spencer Plaza office on Anna Salai or by video call.
What if a FEMA filing was missed?
Filings delayed beyond the due date can usually be regularised by paying the late submission fee; more serious contraventions are compounded by RBI on an application. We prepare the filing, the fee computation or the compounding application.
What is the deadline for Form FC-GPR?
Within 30 days from the date of allotment of shares to the non-resident investor, filed on RBI's FIRMS portal through the company's authorised dealer bank.
Law stated as at 15 Oct 2026. Official sources: Reserve Bank of India (FEMA), RBI FIRMS portal. Reviewed by CA V. Viswanathan, FCA, ACS, CFE, IBBI Registered Valuer (IBBI/RV/03/2019/12333).
FEMA Consultant for Ashok Nagar
Talk to us about FEMA and foreign investment for your business in Ashok Nagar.