Question 1

What services does PUMEC provide for foreign companies entering India?

Accepted Answer

PUMEC provides comprehensive India market entry services including entity structuring, company incorporation, FEMA and RBI compliance, FDI advisory, tax structuring, and ongoing regulatory compliance for foreign companies entering India.

Question 2

Does PUMEC offer Virtual CFO services in India?

Accepted Answer

Yes, PUMEC offers full Virtual CFO services in India including financial reporting, MIS, budgeting, cash flow management, board reporting, and finance function outsourcing for foreign subsidiaries and scaling enterprises.

Question 3

What is FEMA compliance and why is it important for foreign businesses in India?

Accepted Answer

FEMA (Foreign Exchange Management Act) governs cross-border transactions in India. Compliance is mandatory for all foreign investments, repatriation of funds, ECBs, and trade transactions. Non-compliance can result in significant penalties. PUMEC provides end-to-end FEMA advisory and RBI filing services.

Question 4

Can PUMEC help with Transfer Pricing compliance in India?

Accepted Answer

Yes, PUMEC provides comprehensive transfer pricing services including TP documentation (master file and local file), benchmarking studies, APA advisory, and audit defense/litigation support for multinational companies operating in India.

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