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Shardhan Corporate Consultants LLPMarket entry, tax, compliance and managed finance services · since 2010
We guide global banks, asset managers, NBFCs and fintech companies through India's multi-regulator financial-services landscape (RBI, SEBI, IRDAI and FEMA) as they set up or scale Indian operations.
Financial services is one of India's most heavily regulated sectors. The RBI governs banking and payments, SEBI regulates capital markets and asset management, IRDAI covers insurance, and the Ministry of Finance sets FDI policy for the sector.
Getting regulatory strategy right from day one is essential: licensing timelines can run from 12 to 36 months, and missteps are expensive to unwind.
Foreign institutions, funds and asset managers investing in Indian equity and debt must register as FPIs with SEBI under the FPI Regulations, 2019. We advise on category eligibility, handle registration through a Designated Depository Participant (DDP) and manage ongoing reporting and KYC.
Foreign companies that want to lend in India, as a captive finance company or a standalone NBFC, need RBI registration. We advise on licensing, minimum Net Owned Fund thresholds, fit-and-proper criteria for directors, and ongoing prudential compliance such as asset classification and capital adequacy.
Financial-services FDI has sector-specific limits (for example, 74% in private banks) and some activities need Government approval. All FDI is reported through the Single Master Form on the RBI portal. We manage dividends, inter-company loans and guarantee structures end to end.
Inter-company loans, fund-management and advisory fees, and intra-group guarantees need arm's length documentation. We apply the appropriate methods (CUP, TNMM, profit split) to complex multi-jurisdiction arrangements.
Interest income is largely exempt, but processing, advisory and fund-management fees attract GST at 18%, and cross-border services have detailed place-of-supply rules. We handle registration, input tax credit and monthly compliance.
Tell us about your plans for India. We reply with a scope and fee proposal under a formal engagement letter.