FEMA/ODI Regularisation for USA LLC

@jdbaruah666

Dear Mr. Saini, Your case needs more than simply obtaining a UIN. Since the U.S. LLC was incorporated in February 2025, with you as the 100% Indian-resident owner and the formation payment made through PayPal, the first step is to map the entire transaction against the current FEMA/ODI framework and identify exactly what needs to be regularised. I can review the incorporation documents, Operating Agreement, payment trail and available financial records, determine the applicable ODI reporting requirements, and then handle the FC/ODI filings, UIN allotment through the AD Bank, APRs for FY2025 and FY2026, and any LSF/compounding or other regularisation that may arise. I have substantial experience in FEMA, regulatory compliance, corporate transactions and cross-border matters, including handling matters involving foreign investments and regulatory authorities. I will also coordinate with the AD Bank and remain available through the filing/regularisation process, rather than simply handing over forms. Before commencing, I can give you a fixed fee, defined scope, expected timeline and document checklist after reviewing the facts. No unnecessary work or charges. If you share the incorporation documents and payment details, I can assess the position and tell you exactly what needs to be done. Regards, JD Baruah How soon can I start the work?

@Dharavyas07

Based on the facts shared, the U.S. LLC investment appears to require post-facto FEMA/ODI regularisation, including UIN allotment and assessment/payment of applicable Late Submission Fee (LSF), subject to detailed review of the investment and remittance trail. As a Practicing Chartered Accountant with 10+ years’ experience, including FEMA/ODI assignments, I can handle the end-to-end regularisation and AD-bank coordination. 1. FEMA/ODI Review • Review incorporation documents, Operating Agreement, 100% ownership, PayPal payments and investment/funding trail. 2. Post-Facto UIN & LSF • Prepare the post-facto UIN application and coordinate with the designated AD bank. • Assess applicable LSF based on the actual delay and reporting history. • Prepare applicable Form FC/ODI forms, declarations and supporting documents. 3. APR & Pending Compliance • Prepare/file applicable APRs for FY2025 and FY2026, subject to regulatory applicability and financial information. 4. Fee & Support • Fixed professional fee can be confirmed after reviewing the complete documents and transaction trail. • Post-filing AD-bank coordination and responses will be covered within the agreed scope. • Government/AD-bank charges and applicable LSF, if any, will be separate. Let’s review the LLC documents, PayPal/payment records, bank statements and financials first. I’ll then confirm the exact regularisation route, timeline and fixed professional fee in chat.

@ABG26

Hi, I gone through your requirements. The crux is you made ODI without engaging AD bank and without obtaining UIN. My proposal: There will be two steps to regularize this ODI transaction: Ist step: To obtain post facto UIN from RBI through AD Bank for the purpose of set up of foreign entity; IInd step: After UIN is received then to proceed for filing an application to RBI for compounding the contravention of FEMA. APR, FLA filing and other compliance: Post receipt of UIN, we can file the APR and FLA return on designated portal of RBI. We will also be requiring to submit the evidence of investment in foreign entity to the Bank. My Experience: I have worked on various transactions involving ODI and FDI including set up of foreign entity and step down subsidiary and their winding up. I have worked and obtained various approvals from RBI on ODI and FDI transaction I have obtained more than 10 UINs for Indian investors and hands on experience on post investment compliances like registering the entity on online portal for filing FLA and APR, communication with AD bank, submission of evidence of investment, conversion of loan into equity etc. My Fees: My fees for obtaining UIN, filing compounding application, registering the Indian party on RBI portal and filing the Annual FLA and APR with submission of evidence of investment in foreign entity will be in between Rs. 60,000 to 75,000 depending on studying the full matter. I am open to discus with you on this proposal.