Your first step towards your cross-border transactions
Our in-depth understanding of the most critical law coupled with practical experiences help you not only plan cross-border transactions but also execute them hassle-free

KCM takes pride in the fact that it is one of the few Chartered Accountancy Firms in the western region which offers the whole gamut of services with respect to Foreign Exchange transactions. The strength of the Team lies in the in-depth knowledge garnered over years of actively being involved in handling in-bound and out-bound transactions, taking up FEMA Health Check assignments for large and small corporates, undertaking one-time and regular compliances for clients, both in the corporate world as well as for individuals.

Our expertise lies in the fact that we thoroughly understand the requirements first and thereafter provide custom-made solutions to address the specific needs of our clients. We make the complex Foreign Exchange Management Act and its relevant Rules and Regulations, plus the notifications and circulars issued from time to time by Government of India and the Reserve Bank of India, user-friendly so as to be easily understood and ease the decision making by the clients.

The Team has handled more than 500+ large and small transactions for various clients over the past decade, including large public listed entities, private unlisted companies, private companies, LLPs, Partnership Firms and Individuals. Our assistance is not limited to Indian corporate sector & individuals but in regularly guiding various MNCs in recommending the best possible set-up for their business operations in India. We not only provide Advisory to overseas corporations for establishing business in India but also assist them in post incorporation reporting compliances with respect to FEMA.

Our Team has a wide range of professionals ranging from Chartered Accountants, MBAs and Company Secretaries, possessing a multitude of skills, domain knowledge and technical expertise to handle even the most complex and trying assignments.

The team’s special capabilities lie in taking up challenging assignments which are not normally taken up by any other Firm or Professional.

KCM has a strong Advisory team to guide on various aspects of foreign exchange transactions, including capital account transactions of the nature of Foreign Direct Investments (FDI), Overseas Direct Investments (ODI), External Commercial Borrowings (ECB) and current account transactions pertaining to export and import of goods and services. In addition, we also guide our clients for Setting up of Liaison Offices / Project Offices in India and assist on closure related activities. In addition to Advisory, we undertake current reporting compliances as well as regularise past non-reporting compliances with Reserve Bank of India (RBI).

For large and small corporations which have both capital account and current account transactions, it becomes imperative that the reporting compliances are up to date and if anything has been missed out, the same is duly complied with at the earliest. FEMA Health Check comes to the aid by providing the management with a 360-degree view of their foreign exchange transactions and helps, in plugging the gaps, if any, so as to ensure smooth and continuous flow of business operations.

The assistance of KCM goes beyond finding gaps in compliances and recommending solutions. We provide our clients with end-to-end support, right from identifying the pain areas to assisting them in resolving the issues. This includes regularising of transactions with the RBI and thereafter supporting them in Compounding of contraventions, wherever mandated. We not only provide support for Compounding cases with RBI but also help our clients in representing their cases with the Enforcement Directorate (ED) for Orders passed under FEMA, 1999.