License & Registration 

Full Fledge Money Changer (FFMC) License

All FFMC license holders of India and companies which decides to obtain an FFMC license in India needs
to follow the master circular & provisions of FEMA, 1999. After getting FFMC license, companies become
authorized to purchase foreign exchange from non-residents & residents of India and sell that foreign
exchange for private & business travel purposes only to the people visiting abroad.

In order to remove the difficulties faced by the tourists & foreign visitors, registrations are provided to
certain firms & hotels also so that they can deal in foreign currency notes, coins & traveler cheque’s as
per instructions issued by the reserve bank of India. If any person starts a business without a valid FFMC
license, the person has to face heavy penalties from RBI.

Types Of FFMC License

There are three types of FFMC license categorized as follows –

1 Authorized dealer category – I (Banks)
2 Authorized dealer category – II (Authorized dealers)
3 Fill fledge money changers (FFMC)

What Is Included In Our Package?

Eligibility Consultation
Document Preparation
Application Drafting
Government Fees

GST LUT Bond Registration In India

India is a developing economy and like any other developing economy, the government’ aim is to bridge
the trade deficit by expanding the country’s export base. Augmenting a country’s export base, in fact,
has several advantages associated with it. A growth in export leads to creation of jobs, maintains the
GST LUT Bond Registration balance of payments and offers a solid thrust to a country’s economy. And you may be wondering what the government does to boost export and ramp up the economy.
An ideal way the government goes about its business of promoting export is by allowing certain
incentives and concessions to exporters. The traders can reap the benefits of government’s relief and
concessions to export more and thus contribute towards strengthening the nation’s economy. One of
the ways in which government provides the traders with concession is through the GST.
Under GST regime, there are two options that are available to the exporters: They can export under bond for which they do not have to pay taxes. They can export by paying taxes and claim the tax benefits later
In case you are wondering when to opt for bond and when option of LUT would be a more prudent
decision, we are just going to provide an insight into that in the following paragraphs.


What Is Included In Our Package?

Eligibility Consultation
Document Preparation
Application Drafting
Government Fees