Last updated: 17 Oct 2026

Virtual Auditor

FEMA/FDI Advisory in Andaman and Nicobar Islands

Last updated: 17 Oct 2026

Quick answer: Virtual Auditor provides FEMA compliance & FDI advisory for businesses in Andaman & Nicobar Islands — remotely, with meetings by video or at our Chennai head office. Company filings for Andaman & Nicobar Islands are made with ROC Chennai. Starts from ₹15,000 + 18% GST professional fees (govt fees extra); Standard turnaround is 7–10 working days.

Andaman & Nicobar Islands — the local picture for FEMA compliance & FDI advisory

The Andaman and Nicobar Islands have a tourism, fisheries and government-services economy centred on Port Blair, with special incentives for island industries and a small base of hospitality and shipping companies. Company matters are routed through Chennai and Kolkata: the Calcutta High Court's Port Blair circuit bench hears writs, and NCLT and ITAT matters go to Kolkata. For FEMA compliance & FDI advisory this means the FEMA filings go through the authorised dealer bank, the resulting allotments are filed with ROC Chennai, and the pricing is checked against Rule 11UA for the income-tax position.

What is fema compliance & fdi advisory? FEMA compliance, FDI reporting (FC-GPR/FC-TRS), ECB compliance, ODI advisory, FEMA compounding, 15CA/15CB certification.

FEMA Compliance & FDI Advisory is a professional service offered by Virtual Auditor, an AI-powered CA and IBBI Registered Valuer firm (IBBI/RV/03/2019/12333) led by CA V. Viswanathan (FCA, ACS, CFE, IBBI RV), serving clients in Andaman and Nicobar Islands, Andaman and Nicobar Islands since 2012.

FEMA Compliance & FDI Advisory in Andaman and Nicobar Islands

With offices in Chennai, Bangalore, and Mumbai, we serve businesses throughout Andaman and Nicobar Islands with the same quality of FCA + ACS + CFE + IBBI RV-led professional services.

The ROC Chennai handles company registrations and filings for Andaman and Nicobar Islands. Stamp duty: As per UT schedule. Professional tax: Not applicable.

Full service details, methodology and statutory references: https://virtualauditor.in/fema-compliance

Step-by-Step Process

Step 1: Regulatory Assessment

Identify applicable FEMA provisions and sector caps

Step 2: Valuation

Determine fair value per Rule 11UA / DCF

Step 3: Documentation

Prepare compliance documents and filings

Step 4: RBI Reporting

File FC-GPR/FC-TRS within statutory timelines

Step 5: Ongoing Compliance

Annual compliance and APR/FLA return filing

Andaman and Nicobar Islands-Specific Compliance Information

ROC Office | ROC Chennai

State Capital | Port Blair

Stamp Duty | As per UT schedule

Professional Tax | Not applicable

Pincode (Capital) | 744101

Indicative Fee Structure

Service	Fee
FEMA/FDI Advisory	Starts from ₹15,000 + 18% GST + govt fees
Consultation	Complimentary 30 minutes

*Prices are indicative. Actual fees depend on complexity and regulatory requirements. Contact us for a detailed quote.

Why Virtual Auditor for Andaman and Nicobar Islands

Our founder CA V. Viswanathan holds four credentials — FCA, ACS, CFE, IBBI RV — which means your fema/fdi advisory is handled by the same qualified professional, not a rotating cast of junior associates.

Technology that accelerates: Automated compliance calendars, AI-assisted document analysis, and 10,000 Monte Carlo simulations for valuations.

Engagement terms — reviewed 25 October 2026

Fee: From ₹15,000 + 18% GST per filing where the valuation certificate and the Company Secretary certificate are provided by you. If we prepare them: valuation certificate ₹25,000 + 18% GST, CS certificate ₹7,500 + 18% GST. RBI late-submission fee (LSF), if any, is payable by the company.
Extra / not included: AD-bank queries on the filing are answered as part of the fee; a re-filing after a change in the allotment particulars is a fresh engagement.
Turnaround: Filed within 3 working days from receipt of complete information and the advance payment, and in any case within the 30-day statutory window from the date of issue.
Who signs: The certificate is signed by V. Viswanathan FCA or another qualified Chartered Accountant of the practice, depending on the engagement.
Entity: Valuation report and the Company Secretary certificate are engaged and invoiced by V Viswanathan & Associates (FRN 013713S; proprietor V. Viswanathan, IBBI/RV/03/2019/12333); the FC-GPR filing on the RBI FIRMS portal is engaged and invoiced by Virtual Auditor Private Limited.
What to send first: Send FIRC and KYC, board resolution and PAS-3 particulars of the allotment, shareholding pattern, and the Entity Master login.
Next step: Send your enquiry on WhatsApp to +91 99622 60333; we confirm the scope, fee and timeline in writing before work starts.

What has changed in the law — reviewed October 2026

Angel tax under section 56(2)(viib) does not apply from assessment year 2025-26. Valuation is still required under separate rules: Rule 11UA(1)(c) for section 56(2)(x) in the investor's hands; the FEM (Non-debt Instruments) Rules, 2019 pricing guidelines (certificate of a Chartered Accountant, merchant banker or cost accountant) for a non-resident investor; a registered valuer's report under section 247 of the Companies Act, 2013 for preferential allotments; and grant-date fair value under Ind AS 102 for ESOPs (reviewed 25 October 2026).

Frequently Asked Questions

Do you handle cross-border transactions?

Yes. We manage the intersection of FEMA, Income Tax, and Companies Act for cross-border investments and remittances.

Which Registrar of Companies handles filings for a company in Andaman & Nicobar Islands?

ROC Chennai has jurisdiction over companies with a registered office in Andaman & Nicobar Islands. Virtual Auditor files SPICe+, PAS-3, SH-7 and annual returns with that office on your behalf.

What stamp duty applies to a share transfer in Andaman & Nicobar Islands?

Stamp duty on a transfer of shares is 0.015% of the consideration under Article 62 of Schedule I to the Indian Stamp Act, 1899, as amended with effect from 1 July 2020; the rate is the same in every state, including Andaman & Nicobar Islands. Stamp duty on the share purchase agreement itself follows the Indian Stamp Act, 1899.

Do you have an office in Andaman & Nicobar Islands?

No. Andaman & Nicobar Islands is served remotely from our Chennai head office: documents are exchanged online, filings are made on the MCA, GST and income-tax portals, and meetings are held by video or at that office by appointment.

Can we make this investment, borrowing or remittance, and which conditions and filings apply?

Sort the transaction by direction and instrument. Foreign investment into an Indian company follows the NDI Rules, 2019: check the sector cap and route, price it at or above fair value, and report it on FIRMS. Investment by an Indian entity or resident abroad follows the Overseas Investment Rules and Regulations, 2022, with filings through your bank. Borrowing from abroad follows the RBI’s external commercial borrowing framework: eligible lender and borrower, cost ceiling, end-use rules, a loan registration number and monthly ECB-2 returns. Individuals can remit up to USD 250,000 a year under the Liberalised Remittance Scheme. We check whether the transaction is allowed, list the conditions and approvals, and handle the filings.

Related Services

FEMA Compliance Services Indian Subsidiary / Foreign Company Registration FEMA/FDI Advisory in Assam FEMA/FDI Advisory in Aurangabad FEMA/FDI Advisory in Bihar FEMA/FDI Advisory in Chhattisgarh FEMA/FDI Advisory in Goa FEMA/FDI Advisory in Gujarat

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Free 30-minute consultation with CA V. Viswanathan, FCA, ACS, CFE, IBBI RV. No obligation.

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FEMA Compliance & FDI Advisory in Andaman and Nicobar Islands

FEMA compliance for Andaman and Nicobar Islands-based entities anchors at the AD-Cat-I bank (SBI Port Blair is the principal AD-I; complex FEMA filings funnel via Kolkata or Chennai) and the FIRMS portal (FC-GPR, FC-TRS, ECB-2, FLA, ODI). Where assessments interact with income-tax, the appellate route runs through ITAT Kolkata.

The economic mix of Andaman and Nicobar Islands runs across tourism, small-scale agro-processing, fisheries — sectors that consistently dominate the regulatory case-load and the profile of the engagements we field from this jurisdiction. There is no notified SEZ in the state. On the AD-Bank side, SBI Port Blair is the principal AD-I; complex FEMA filings funnel via Kolkata or Chennai.

A&N enjoys 100% income-tax exemption for indigenous-tribal members under Section 10(26AAA) and is the only Indian UT astride the strategic Malacca Strait shipping route — a niche advantage for marine-services ventures.

FC-GPR / FC-TRS — Inbound FDI Reporting

Andaman and Nicobar Islands-based companies receiving foreign equity must file FC-GPR within 30 days of allotment, with FEMA-compliant valuation report and KYC of remitter. FC-TRS (transfer between resident and non-resident) requires similar pricing discipline. Our scoping covers the upstream cap-table check, DDT-replaced dividend distribution, and post-FC-GPR FLA annual reporting.

ODI & LRS — Outbound Investment Compliance

Outbound investments by Andaman and Nicobar Islands-based residents under the OPI/ODI regime (post-Aug 2022 framework) require Form FC and Form ODI part filings.

ECB, Trade Credits & ADR/GDR/FCCB

External Commercial Borrowings raised by Andaman and Nicobar Islands-based corporates require Form ECB at draw-down and Form ECB-2 monthly returns. Trade credits beyond stipulated tenors require RBI approval.

Engagement — Andaman and Nicobar Islands Coverage

Virtual Auditor's FEMA practice covers FDI/FC-GPR/FC-TRS, ODI/OPI/LRS, ECB and trade credits, FLA and SMF compliance, AD-Bank query handling, and Compounding Application drafting before RBI Mumbai — for Andaman and Nicobar Islands-based residents and corporates. Free 30-minute consultation: +91 99622 60333.

Andaman & Nicobar Islands: compliance facts for FEMA compliance & FDI advisory

Which authorities handle FEMA compliance & FDI advisory for a business in Andaman & Nicobar Islands?

Registrar of Companies	ROC Chennai
Income-tax region (Pr. CCIT)	Pr. CCIT West Bengal & Sikkim (Kolkata)
High Court	Calcutta High Court (Port Blair Circuit Bench)
Stamp duty on share transfer	0.015% of consideration (Indian Stamp Act, 1899, Schedule I, Art. 62 as amended w.e.f. 1 Jul 2020 — uniform across India)
Stamp Act	Indian Stamp Act, 1899
Nearest Virtual Auditor office	Chennai head office — G-131, Ground Floor, Phase 3, Spencer Plaza Mall, Anna Salai, Chennai (about 1,636 km by road from Andaman & Nicobar Islands)

Andaman & Nicobar Islands companies file with ROC Chennai; writ remedies lie before the Calcutta High Court (Port Blair Circuit Bench); company-law and insolvency matters go to the NCLT Kolkata.

Statutory references for this service are on the national FEMA compliance & FDI advisory page: https://virtualauditor.in/fema-compliance

Checked 2026-10-14 against MCA · NCLT · CBIC · ITAT.

Virtual Auditor across India

What has changed in the law — reviewed October 2026

Angel tax under section 56(2)(viib) does not apply from assessment year 2025-26. Valuation is still required under separate rules: Rule 11UA(1)(c) for section 56(2)(x) in the investor's hands; the FEM (Non-debt Instruments) Rules, 2019 pricing guidelines (certificate of a Chartered Accountant, merchant banker or cost accountant) for a non-resident investor; a registered valuer's report under section 247 of the Companies Act, 2013 for preferential allotments; and grant-date fair value under Ind AS 102 for ESOPs (reviewed 25 October 2026).

Full note on the national page.