The Government of India & the Reserve Bank of India provides certain special facilities to Non Resident Indians (NRIs). Higher investment caps compared to other non residents are provided in some of the sectors where investment caps for foreign investments exist. Further, NRIs are permitted to invest in certain specific savings and other instruments in India and special income tax incentives are provided to them. Periodical independent feedback on investments made in business which is managed/controlled by partners based in India is essential to protect the interest of NRI partners/shareholders. Our Corporate Advisory Team provides comprehensive service to NRIs and the scope of service includes :

• Advising on/formulating the business strategy for India
  
• Structuring the investment in India in the most tax efficient manner after considering benefits available under domestic tax laws and also the benefits under various Tax treaties in order to ensure tax minimization on a global basis
  
• Advising on portfolio investments and obtainment of necessary approvals
  
• Advising on investment in housing & real estate development
  
• Periodical technical and financial analysis and assessment of performance of entities where investments have been made as Promoter/Partner
  
• Obtainment of clearance from the Foreign Investment Promotion Board and Reserve Bank of India, where necessary
  
• Advising on minimization of tax liability by utilization of all the available tax benefits
  
• Obtaining advance tax rulings from tax authorities in respect of any transaction undertaken or to be undertaken
  
• Total guidance & assistance in the incorporation of the company including approval for name of the company, drafting of Charter Documents, filing of documents required for incorporation and obtainment of Registration from the Registrar of Companies
  
• Negotiation with banks & financial institutions for raising finance required for setting up the manufacturing operations in India and for meeting working capital requirements
  
• Negotiating with mutual funds, foreign institutional investors and venture capital funds for placement of equity/debt
  
• Obtaining approval for raising external commercial borrowings to part finance the cost of setting up of Indian operations
  
• Filing of Income tax, Wealth tax returns
  
• Advising on the various compliance procedures under relevant laws, rules and regulations including industry specific legal issues