NIGHTINGALE FORIEGN ADVISORY SERVICE was formed with the objective of helping foreign companies gain foothold in India as also assisting them in their expansion plans.
We offer a single window contact for all FEMA compliances, Foreign Direct Investments, External commercial Borrowings, Company Law compliance's and Taxation services, specifically keeping in mind the needs and aspirations of foreign companies. And we do this in the most transparent and ethical manner.
Mission: We would like to contribute to the success of our clients by helping them understand the Indian legal system.
Vision: We would like to see ourselves amongst the most trusted brands in the field of FEMA, compliance across the globe.


Welcome to FEMA ACT 1999

 

Welcome to FEMA Compliances

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". It was passed in the winter session of Parliament in 1999, replacing the Foreign Exchange Regulation Act (FERA). This act makes offences related to foreign exchange civil offenses. It extends to the whole of India. replacing FERA, which had become incompatible with the pro-liberalisation policies of the Government of India. It enabled a new foreign exchange management regime consistent with the emerging framework of the World Trade Organisation(WTO). It also paved the way for the introduction of the Prevention of Money Laundering Act, 2002, which came into effect from 1 July 2005.

 


The Foreign Exchange Management Act, 1999
Foreign Exchange Management Act

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