NRI

With India being one of the world’s fastest growing economies, the Indian economy has drawn many business owners, investors and firms into setting up a company, purchasing a company and investing in the stock economy. Indian markets have a favorable business climate and versatile regulations for any foreign company to set up its India base. Government has further raised the Non-Resident Indians (NRIs) Foreign Direct Investment ( FDI) limit to 100 per cent to attract more NRI investment in India. According to the guidelines of the Reserve Bank of India ( RBI), NRIs wishing to invest in shares in India through a stock exchange must have a bank account with the specified branch of any approved dealer (bank) sanctioned by Reserve Bank (NRE)/NRO (Non-Resident Ordinary)/PIS (Portfolio Investment Scheme).

AVS & Associates do offer comprehensive range of services to NRI’s who are willing to either Invest in India or planning to Set up a Business in India. We also hand hold and assist in Property/assets acquisition or sale, reviving old business, licensing or various approvals from regulatory authorities.  

Frequently Asked Questions​

Non-resident Indian (NRI) means a "person residing outside India who is a citizen of India or a person of Indian origin"[as recommended by FEMA]

A person of Indian origin (PIO) means a citizen of a foreign country (other than Pakistan , Afghanistan, Bangladesh , China, Iran, Bhutan , Sri Lanka and/or Nepal) who:
Keep an Indian passport at any time,
or
Any of their parents / grandparents / grandparents were born and permanently resident in India as specified in the Government of India Act, 1935 and other territories that subsequently became part of India, provided that neither was a citizen of any of the aforementioned countries at any time (as stated above),
or
He is the spouse of an Indian person or a PIO.

 

Know more about PIO card

https://boi.gov.in/content/person-indian-origin-pio

In the case of NRI / PIO, if the shares sold were kept on a repatriation basis,the selling proceeds (net of taxes) can be attributed to the NRI / PIO's NRE / FCNR(B)/NRO accounts, while non-repatriable investment proceeds can only be attributed to NRO accounts.

An NRI needs a PAN Card if the NRI has taxable income in India. According to the new SEBI regulation, any NRI that does not have a PAN card will not exchange shares through a depository or broker. If the NRI wants to invest in Mutual Funds, the PAN Card is also compulsory for the NRI.

-

-Click here to know more about NRI PAN:

https://www.tin-nsdl.com/services/pan/foreign-citizen.html

 

Yes, NRIs are permitted to invest on a non-repatriation basis in futures & options segment of the exchange from Rupee funds held in India,
subject to the limits prescribed by SEBI.

Yes, It is the NRI 's duty to notify the approved permitted dealer branch of the change of status.

This has prompted non-resident Indians (NRIs) to regard India as a viable investment destination.

  • Fixed Deposit.
  • Public Provident Fund.
  • National Pension Scheme.
  • Equity.
  • Mutual Funds.
  • Real Estate.

Yes, NRIs, foreign citizens and foreign entities can, subject to the Foreign Direct Investment Principles set out by the RBI, register as a corporation and make an investment in India. However the rules of incorporation in India require that one Indian national on the Board of Directors be part of the company.

The current and capital accounts represent two halves of the balance of payments of a country.

The current account reflects the net income of a country for a period of time, while the capital account reports the net change of assets and liabilities over a given year.

Why Select Us?

OUR STRENGTH LIES IN PROVIDING REAL WORLD PRACTICAL SOLUTIONS

STRICT
TIMELINE

Our foremost priority is to provide Instant Support and are always very particular on adherence of timely delivery so that you don’t miss out on deadline. We have worked with some most time strict clients and we have never missed our target. Our one thumb rule says that “If we miss a deadline we are out”. Accounts and Finance function need always alert eagle eye approach!

MINIMUM
COST

Our prices are most reasonable and under budget that you never realize any cost burden in your organization in comparison of value addition we bring in. We believe in adoption of your business first and fee shall take care of itself mantra. We never bill for disappointment and take ownership. It is how we like to be treated and that is how our customers are served.

ONE STOP
SOLUTION

We at AVS & Associates only recruit experienced, skilled professionals who have proven expertise in their field. With a diverse Team of Chartered Accountants, Company Secretaries, Lawyers, and various other consultants on board, we offer end to end financial and legal service under one roof saving time and energy and bring synergy effect between various functions.

TRUST & RELIABILITY

Having over 20+ years experience in the leadership team ensure we maintain highest ethical standards and never go out of trust with you. We always believe in long term relationship with our clients hence integrity is something we value the most. We ensure transparency in communication, service and cost. Our specialized experts helps in maintaining high quality.

Don't believe us? See our Google ratings!

SAM GETSUGA
SAM GETSUGA
2020-09-06
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AVS and associates is extremely professional. They take care of all The things abiding by law and integrity whether it’s a tax management or company registration. They have registered a company and took care of the taxes without me breaking a sweat, they took care of everything proactively. I’m extremely satisfied and would recommend to anyone and everyone.
Kavita Sharma
Kavita Sharma
2020-09-02
Verified
AVS and associates is a very professional team. They handle all things abiding by law and takes out your burden of tax management , assets and all very very precisely up to the point. It’s great working with the team.
Laxmi Kant Thakur
Laxmi Kant Thakur
2020-08-28
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Chrishans Media
Chrishans Media
2020-03-03
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Hitesh Gurditta
Hitesh Gurditta
2020-03-01
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Anish kumar
Anish kumar
2020-02-29
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chiranjibi shah
chiranjibi shah
2020-02-29
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A wonderful experience with the team for the easy way out solutions of taxation and related matters...Thanks
Sanjay Thakur
Sanjay Thakur
2020-02-29
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Best place to work....Thanks Binay Sir...
Sarbendra Yadav
Sarbendra Yadav
2020-02-28
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RAVIRANJAN KUMAR
RAVIRANJAN KUMAR
2020-02-28
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DR V K Arora
DR V K Arora
2020-09-06
Verified review
AVS & Associates is a reliable CA firm of Delhi NCR. My company Management Associates Private Limited is taking their services from last ten years. Shri. V K Agrawal of AVS & Associates is knowledgeable, friendly and honest person.
Andrew Samta
Andrew Samta
2020-09-02
Verified review
had a nice experience with AVS. was in a urgent need of some income tax related docs and these guys helped out in really quick time. thanks, and would recommend anyone planning to avail their services....
chiranjibi shah
chiranjibi shah
2020-02-29
Verified review
A wonderful experience with the team for the easy way out solutions of taxation and related matters...Thanks
Amitabh Kulshreshtha
Amitabh Kulshreshtha
2020-09-02
Verified review
I appreciate the fastest way of services by AVS. Till now we got registered around 6 group companies,(Limited, Private Limited and LLP). Their Teams approach to deal with us was something I liked most. Special mention to Mr. Rahul and Ms. Neha. Guys, frankly speaking initially i was in doubt whether to trust these people or not? but once spoke and saw the way they handled my companies formation work, they ended up forming our all group companies and now handling the regular Accounting, Taxation, GST etc... If you are searching for a CA for all your needs, i suggest you may pick these guys and can assign one task before you make any opinions. BTW, we are availing their services since last 3 years. Thanks!
Kavita Sharma
Kavita Sharma
2020-09-02
Verified review
AVS and associates is a very professional team. They handle all things abiding by law and takes out your burden of tax management , assets and all very very precisely up to the point. It’s great working with the team.
Saurabh Verma
Saurabh Verma
2020-02-29
Verified review
I used their services for capital gain calculation and on many other factors to sell my flat in Noida while I'm here in Australia. Mr Vishnu is the man you need. Very professional, prompt replies and went an extra mile to do the job. Highly recommended.
Raj Malhotra
Raj Malhotra
2020-02-29
Verified review
Some highly talented group of indivisuals who do really care for customer satisfaction
Thefairyforce
Thefairyforce
2020-02-29
Verified review
I'm very satisfied with the service here. They have a very good behavior towards us and they listen to our problems closely and give the best solution. If you're starting up or running a business already I would recommend you to come here they are awesome!
Arpit Mathur
Arpit Mathur
2020-02-29
Verified review
There is environment and relation of every employee is very good. Management and discipline is very tough.
Singh Robin
Singh Robin
2020-02-29
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Highly Professional team. Really appreciate the way team coordinated & made everything easy for me. Thank you & wish you all the very best. Cheers.
ezam zaidi
ezam zaidi
2020-02-29
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Have been very cooperative. Proactive with every step. The team was patient and they made sure the entire process flow was smooth.
Manish Sharma
Manish Sharma
2020-02-29
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I got my company registered with avs. I am happy with their services and it was done quickly and in cost effective manner. Recommend anyone want to avail their services.
Pranav Tripathi
Pranav Tripathi
2020-02-29
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Vishnu ji has been with our company for the past 10 years with many different companies . Soft spoken, humble and a thorough professional.
Kishore Kundan
Kishore Kundan
2020-02-29
Verified review
Very fast service with cost effective..Agarwal sir behavior is very supportive.. I will suggest all to take services from AVS..
Sushil Kumar Raj
Sushil Kumar Raj
2020-02-29
Verified review
I would say they are the best for new company and start ups, the way they deal with person who do not have any idea about setting up of new company is remarkable....