India is one of the largest FDI destinations in the world with the relaxation of foreign exchange restrictions, there has been a significant flow of investments into India. At the same time, Indian businesses have been making investments and acquisitions overseas. With the inbound and outbound investments rising, it is essential to understand the rules, regulations and policies that govern such capital inflows and outflows. All transactions involving foreign exchange fall under preview of Foreign Exchange Management Act (FEMA) read with FDI policy.
VCCircle Training is organising a one-day training programme on latest trends in FEMA. The one day course will identify the practical issues and help create a broader understanding of the foreign exchange laws and policy in India.
Why you should attend:
• To get complete understanding of regulation of Foreign Exchange Transactions
• To understand critical points relating to entry strategy in India (including downstream investment)
• Inbound and Outbound investment strategy – recent changes
• Procedures and hiccups in raising International Finance
• Discussion over remittances (LRS, NRO account etc)
• Corporate guarantees , External commercial Borrowings and ESOPs
• To understand the effect of latest changes brought in by government policies (retail, Civil aviation etc)
• To understand the AIF regulations and regulations relating to FVCI , FII in complete clarity
• To understand how effective and bullet proof FDI policy of India is vis a vis other countries
Who should attend:
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- Managing Directors - Chief Executive Officers - CFOs and Finance Executives - Finance Managers - Chartered Accountant - Cost Accountants - Private Equity & Venture Capitalist |
- Corporate/General/In-house Counsel - VPs & Managers from Legal Departments - Company Secretary - Commercial and Investment Bankers - Law Firms & Business Consultants - VPs & Managers from Legal Department - Bankers & Foreign Exchange Dealers
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Session 1: Overview of FEMA and FDI Policy
- Basics (Current and Capital account transactions, Automatic and Approval route,
- Complete introduction of all rules regulations and Master circular under FEMA and Changes thereof,
- Fuller account Convertibility, Balance of Payment, dividend balancing, Introduction of regulatory setup – DIPP, FIPB, RBI etc)
- FDI Policy – Recent changes in the FDI policy(Multi Brand Retail Trading, Construction Sector, Civil Aviation).
- Manner of functioning of Indian FDI policy vis a vis emerging economies.
Session 2: Investment Policies
- Investment in Liaison Office/Branch office/Company /Joint ventures/LLPs – Recent changes and developments
- FII and FVCI including AIF
- Drafting of shareholders agreement (brief discussion over relevant clauses)
- Funding of subsidiaries
- Key points to be considered while making Downstream Investment
- Pointers for Valuation of securities (especially convertible debentures)
- Merger / acquisition - Developments
- Regulations, Reporting, Compliances and compounding procedures
- Do and do not’s of investor and investee companies
Session 3: Overseas Direct Investment - Considerations for Outbound Investments
- General Overview
- Regulatory Framework
- Important Definitions
- Overseas Direct Investments by Corporate
- Guarantee by Indian Parties
- Overseas Investment by Individuals
- Agreements – Key Provisions
- Financing Strategies
- Structuring of Investments
- Choosing the Appropriate Jurisdiction
- Choosing the Appropriate Entity
- Domestic Taxation
- Investment Protection
- Case Studies:
- Apollo- Cooper
- HCL - Axon
Session 4: International Finance
- External commercial Borrowing – recent changes
- ECB vis a vis other mode of financing (domestic finance/ADR/GDR) – cost benefit analysis.
- Drafting of ECB agreements (points to be considered)
- Drafting of Corporate Guarantees
- Trade credit why useful
- Reporting requirement
- Corporate Guarantees, Trade credit and structured obligations
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
THE LALIT, Mumbai
THE LALIT
Sahar Airport Road
Mumbai - 400059
Drop us a line and we will call you.
