Repatriation strategies and Regulations between India and France

In a fast-changing world, cash is undoubtedly a question that concerns most global companies. In the wake of the current geopolitical and financial instabilities, in markets that fluctuate at high-speed, many are seeking solutions to repatriate cash cost-effectively. However, cash repatriation can be challenging and takes place in different shapes. From Dividend Distribution to Capital Reduction or Loans and other IP royalties, it is critical for any organization with a global footprint to identify, in the legal framework, which fashion is most appropriate to repatriate funds. 

Our experts at UJA, Neha Raheja and Pooja Bhambri Prakash, joined forces with the Indo-French Chamber of Commerce & Industry (IFCCI) to host a webinar on October 12th, 2022, from 2:30 pm IST (11:00 am CET) to help you identify the most suitable legal mechanisms to set up a smooth funds repatriation strategy.

With their subject matter expertise, they simplify all these repatriation-related laws, highlight the Indo-French bilateral relations and emphasize the growing commercial exchanges in defense, nuclear energy, renewable energy & space.

India and France have promising economic ties facilitating French companies to set their foot-hold in India. France has contributed to the FDI inflow in India, majorly in the services sector. Over 1000 French establishments have been set up in India that entail international transactions and repatriation of profits and shares as part of the business.

There are four taxation laws that govern the outward remittance of profits and shares: Companies Act 2013, Foreign Exchange Management Act (FEMA), Income Tax Act 1961, and Double Taxation Avoidance Agreement.

What are the specificities of these laws?
How do foreign companies avoid double taxation?
What is the difference between furnishing a Form 16 and a Transaction Based Report?
Which method of repatriation (Dividend, Share buyback, or Royalty) attracts what percentage of TDS?

A broad range of questions may occur to any international company set up at multiple locations and our experts answer these queries lucidly.

At the end of the webinar, our experts address a few repatriation strategy-related questions from participants.

Watch the video below to discover the best practices to repatriate funds successfully.

If you are an international firm looking to set up your business in India and learn about the various legal frameworks, do not hesitate to contact us.

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