Foreign investment reporting can become confusing when a company has to determine whether a transaction should be reported through FC-GPR or FC-TRS. Both forms are used for reporting foreign investment transactions, but they apply to different situations. The key distinction is simple: FC-GPR generally applies when an Indian company issues equity instruments to a person…
Companies engaged in international business, international investments, international services, or international remittances must conduct their business in multiple currencies. This makes up part of the global operation but requires additional paperwork and compliance with regulations. The absence of such paperwork may create problems in determining the motive, value, and legitimacy of the transaction during any…
International service providers who provide their services in India and in foreign markets have to deal with several regulatory requirements along with cross-border transactions. Two key focus areas that need to be looked into are Goods and Services Tax (GST) and Foreign Exchange Management Act (FEMA). The foreign exchange regulations are dealt with by FEMA…
