Quick Answer
The FEMA Compliance Checker, developed by CA V. Viswanathan since 2012, is a tool designed to verify foreign investment compliance. It assists users in navigating FDI routes, sectoral caps, and reporting obligations mandated by the FEMA (Non-Debt Instruments) Rules, 2019, and the official Consolidated FDI Policy for various investor residency statuses.
by CA V. Viswanathan
FCA, ACS, CFE, Registered Valuer (S&FA) | Since 2012
Check FDI route, sectoral caps, reporting requirements and compliance steps under FEMA (Non-Debt Instruments) Rules, 2019 and the Consolidated FDI Policy.
The FEMA Compliance Checker is a professional tool created by CA V. Viswanathan since 2012. It helps individuals and entities verify their compliance with FDI routes, sectoral caps, and reporting requirements under the FEMA (Non-Debt Instruments) Rules, 2019 and the Consolidated FDI Policy.
The tool is designed for various investor residency statuses including Non-Resident Indians (NRI), Overseas Citizens of India (OCI), Foreign Nationals, and Foreign Companies to ensure they meet the necessary regulatory requirements and compliance steps established under the current FEMA framework.
The tool bases its compliance verification on the FEMA (Non-Debt Instruments) Rules, 2019 and the Consolidated FDI Policy. These regulations dictate the specific FDI routes, sectoral caps, and mandatory reporting steps that foreign investors must follow when investing in India.
According to the article, the FEMA Compliance Checker, authored by CA V. Viswanathan, has been available and operational since 2012. It provides ongoing support for NRI and foreign investment compliance regarding the current FEMA and Consolidated FDI Policy standards.
It provides a structured way to check FDI routes and sectoral caps. By identifying the investor's residency status, the tool guides users through the specific reporting requirements and compliance steps mandated by the FEMA (Non-Debt Instruments) Rules, 2019 and the Consolidated FDI Policy.
FEMA compliance for Indian businesses with cross-border transactions is governed by RBI Master Directions and FEMA Notifications: Notification 20(R) (FDI), Notification 22 (LO/BO/PO), FEMA (Overseas Investment) Rules 2022 (ODI), and the Single Master Form (SMF) reporting framework.
Key reporting obligations: FC-GPR (within 30 days of share allotment to non-resident); FC-TRS (within 60 days of share transfer involving non-resident); Form ODI (before remittance for outbound investment); Form APR (annual performance report for ODI within prescribed period); FLA Return (15 July annually); LO/BO/PO Annual Activity Certificate (within prescribed window).
Late Submission Fee (LSF) and compounding under FEMA Section 13/15 are remediation routes for missed filings, with significant variations in timeline and outcome.
This checker helps map your cross-border activity to applicable FEMA filings. For comprehensive FEMA review, FC-GPR end-to-end, or FEMA dispute resolution, consult CA V. Viswanathan at +91 99622 60333.