NRI & Expat Services

Foreign nationals come for job opportunities to India but are not aware of Indian Taxation system. Even the Visa compliance is linked with tax certificates. Also, many Non Resident Indians have investments in Indian properties and other business interests in India. Divestments and other activities involve taxation processes also apart from other legal issues.

NRI SERVICES

Every Indian family invest in assets for generations together to build and secure the well-being and future of their upcoming generations. With the changing environment and running of time, many Indians have moved abroad leaving behind or forgetting or un-claiming their investments and assets in India. In the wake of the present laws, rules and procedures, the Indian Expats find it difficult to identify, recover, and claim their own and ancestral investments and assets.

The expansion of the Indian diaspora, abroad and the settlement of NRI’s in India, has led to an influx of legal claims and issues faced by them. Given the numerous and different areas of law practiced expansively in India, we understand the overwhelming legal complexities NRIs have to endure.

Hence, RRG’s NRI Services team provides tailored services to Non- residents and Overseas Citizens of India (OCI holders) in order to assist them with legal issues and resolution of their legal and tax matters, pertaining to immovable and moveable assets in India to the Indian diaspora based overseas.

Our NRI Services relating to immovable assets in India include

Title Search

NRI’s or Indian Expats do not have complete control or knowledge about their properties in India, which is further exacerbated by the fact that most of these records do not have any easy and convenient online retrieval system, but are mired in arcane and manual record keeping systems. Our dedicated professionals provide an exhaustive and in-depth search, identification, retrieval, analysis and review of of public records to determine and confirm a property’s latest legal ownership and exact status.

Succession Certificate

Stringent policies governing the inheritance to movable properties in India is creating a lot of hardships and problems upon Indian Expats/ NRIs in accessing their inherited moveable assets in India. Succession Certificate is a document which is issued by the court establishing the legitimacy of the heirs and for claiming movable assets by the successors of the deceased person.

Legal Heir Certificate

Stringent policies governing the inheritance to movable and immovable properties in India is creating a lot of hardships and problems upon Indian Expats/ NRIs in accessing their inherited assets in India. Legal Heir Certificate is a document which is issued by the Sub-Divisional Magistrate (SDM) recognizing the lawful living successors of a deceased person, evidencing and helping in claiming assets by the successors of the deceased person.

Real Estate Services, Conveyancing and Registration

Cross- border difficulties create an hindrance for the Indian Expats/ NRI’s to easily invest and manage their properties in India. RRG team provide gamut of services to such people in real estate industry ranging from sale-purchase to registration of documents, updating the ownership details in relevant government records, etc. and further managing their properties in India. Our team can also assist with: Compliance with FEMA Regulations, Tax implications and stamp duty, Transfer deeds, sale deeds, relinquishment deeds and any other deeds applicable to a matter, Registration of property transfer and verification of documents required for transfer.

Property Management Services

We have seen NRIs who keep their property vacant because they cannot put much time and effort into the property’s maintenance. While being away from the property, they cannot use them optimally in the form of investment. We understand how important is your property that can yield you an extra income in the form of rent. So, we at RRG ensure your maximum return from your property. Our associates provide end to end property management services in Delhi for Non-Residents. From tenant search, monthly rent collection to repairs and periodic inspections.

 

NON RESIDENT TAXATION SERVICES

RRG handles NRI issues from handling NRI investment related queries, to providing excellent solutions to NRIs regarding setting up business in India to assisting tax and FEMA compliance during returning. Non-resident Indians comprise a substantial portion of our client base. Our NRI Taxation services include:

• Determining residential status of NRI in India
• Interpretation of tax treaties with a view to reduce tax liability in India
• Handling of issues relating to inheritance, will, etc.
• Compliances with respect to the Income-Tax Act, 1961
• Guidance and assistance in filing of Income Tax Return
• Advising suitable tax saving investments
• Representation before tax authorities
• Assistance in relation to funds held in bank accounts
• Various compliances in regard to repatriation of funds/investments/property, etc.

 

EXPATRIATE SERVICES

“Expatriate” or “Expat” is a person residing in a country temporarily or permanently which is different from his/her home country i.e. the country in which he/she is a resident. Usually this term is used in case of technicians and professionals sent by their companies to their associated enterprises or foreign subsidiaries. “Tax equalisation” is a measure used to neutralize the impact of taxation on an expatriate worker in respect of his/her assignment in a country where he is not a resident. “Social security agreement” On 1 October 2008, the Ministry of Labour and Employment, government of India notified social security schemes for international workers (IWs).

Expatriates often work in a country or they are deputed to another country wherein the tax brackets, credits, deductions immensely differ from their home country. This creates a dicey situation for an Expat. Either the expat shall end up paying more taxes or take the benefit of the tax situation by paying comparatively lower taxes.

With new Country comes new challenges. Are you compliant with the laws? Are you registered? Are you paying right taxes? Are you filing appropriate return? Are you claiming correct credit? Are you aware about the Social Security Contribution? Are your taxed equalized?

Our services include the following:

​Planning

• Comprehensive Tax planning for the Indian assignment with respect to its commencement, tenure etc., taxability as per applicable regulations to enhance tax benefits
• Determination of best possible tax structure

Drafting of Agreement from tax and regulatory perspective

• Drafting of employment contracts from tax and regulatory perspective
• Drafting of tax equalisation agreements between the employees and the employer

 Registration and Compliance

• Advisory on residential status in India during the period of assignment
• Registration with Foreigners Regional Registration Office (FRRO)
• Maintenance of complete Expatriate payroll – Calculation of monthly Tax to be deducted by employer, filing of return, deposit of tax etc.
• Handholding for compliance requirements from their time of entry to their departure from India including tax registration, deregistration, filings, etc.
• Determine taxability of employer’s and employee’s contributions to retiral benefits, whether mandatory or otherwise, during the Indian assignment.
• Helping the expatriate in opening and maintaining account and remittances

Advisory

•  Assistance in addressing Indian tax issues keeping in view the prevailing tax laws
• Advise on exemption and tax credit mechanism to determine that income is not doubly taxed under different jurisdictions or appropriate credit for foreign taxes is claimed
• Availing of benefits under Social Security Agreements signed by India with other countries.
• Analyse taxation of income in the home and host country and advise on the tax impact of the same.

In addition, our Services to Expatriates include:

• Applying and getting Indian PAN
• Advice in FEMA matters
• Preparation and advice on best project location
• Project Finance Liaison
• Sorting/ notifying changes in directors etc.
• Government approvals in case of FDI
• Repatriation of income
• Filing Income Tax returns
• Advice on DTAA (Double Taxation Avoidance Agreements) Benefits
• Assisting in VISA
• Getting RBI approvals for purchase and sale of properties, securities etc.