i.         FEMA Compliance

ii.        Due Diligence

iii.         Business Valuation and Restructuring

iv.         Corporate Law Advisory

v.           US GAAP/IFRS conversions

vi.         Mergers & Acquisitions

Whether you operate locally or internationally, we can provide a broad range of advice throughout various corporate services

RAAC also provides services related to FEMA compliances, merger and acquisition, business valuation, business setup, restructuring, secretarial, corporate law, FTP compliances, due diligence, and US GAAP/IFRS conversions.

Key Services:

i.           We at RAAC help you in its entirety in the formation of a business in India. Right from legal registration to documentation to licensing and bank account opening. Our Business Setup consultants aid you in all the aspects related to company formation.

ii.           Our team of highly skilled employees helps you in making strategic decisions based on in-depth research and analysis to determine whether or not the decisions are feasible and value-generating for present and future conditions of the company.

iii.           Our business valuation service at RAAC provides business and asset valuation based on our decades of experience and sound professional judgment. We also offer business restructuring services to help you achieve your goals and objectives.

iv.           We let you concentrate on essential aspects of your business by taking off the burden of compliance with the legal obligations. We provide you with the best corporate legal services and ensure that you comply with all the company law-related regulations in India.

v.           Our corporate advisory services include GAAP conversion and IFRS conversion, two essential frameworks that focus on transparency and quality of financial reporting. We enable our clients to comply with these international standards on a real-time basis.

vi.           The process of mergers and acquisitions is complex in its very nature. We guide you with the entire process of M&A with our dedicated advisors. We play the role of sell-side or buy-side advisors in deals to provide you with the best of M&A services.

FEMA Compliance

 

Indian companies are engaging in several international transactions, investments, mergers, and acquisitions. Furthermore, the speed at which the Indian economy is growing, it has attracted foreign investors. It has led to an upsurge in the investments from India in international markets and from foreign companies into India. All these give rise to increased requirements as to the Foreign Exchange Management Act (FEMA) Compliances for inbound and outbound investments. We provide FEMA advisory services in the matters related to forex transactions and ensure a thorough FEMA Compliance with the various requirements of FEMA.

 

Key Aspects of FEMA Regulations by RBI

The Reserve Bank of India (RBI) plays a crucial role in enforcing the Foreign Exchange Management Act (FEMA). They issue guidelines and have the authority to:

•    To ensure compliance with the Act's provisions, the RBI has the authority to establish specific guidelines and instructions related to foreign exchange operations.

•    The RBI has the right to call authorized persons to request the information they need about their foreign exchange activity.

•    Non-compliance with FEMA regulations India can lead to penalties.

 

Our efficient FEMA compliance services include:

 

Foreign Direct Investment (FDI)

With liberalization taking place all over the world, foreign investors are free to invest directly in India under the automatic route. However, some sectors require regulatory approvals from the authorities. Our FEMA Advisory Services include complete compliance with regulatory requirements as to inbound investment in the form of FDI, whether by way of the direct route or approval route.

External Commercial Borrowing (ECB)

ECB is an essential source of finance for Indian companies. ECB related transactions include bank loans, suppliers' credit, fixed-rate bonds etc. Our FEMA Compliance Services include advisory on ECBs, filing of related forms, and documentation to various authorities in India.

 

RBI-related transactions

Renu Agrawal & Co (RAAC) guide individuals under the Liberalized Remittance Scheme (LRS) to remit money to foreign countries for education, travel, etc.

Filing of annual returns is a critical task that companies must comply with frequently, specifically the annual return on Foreign Liabilities and Assets (FLA). All the Indian companies, which have received FDI and made investments abroad in the previous years, must submit the FLA every year within the deadlines.

We provide FEMA compliance services where our team of committed FEMA advisors help the clients in obtaining these permissions, reporting, and filing annual returns in quick time to avoid delays.

Transaction based FEMA Consultancy Services

Our FEMA advisors ensure the compliance of our esteemed client companies with any of the FEMA-relevant provisions. We help in the planning of business matters, transactions, and agreements in accordance with the FEMA guidelines.

Our team of FEMA experts also enables the clients to plan their tax liability of foreign transactions or any dual payments on the same income through its experience in FEMA laws and guidelines. Our highly knowledgeable FEMA consultants provide the FEMA advisory services such as consultation for India entry strategy, investment strategy, legal structure selection, other compliances required to operate in India, and other external trade-related compliances.

Due Diligence

In finance, transparency and diligence are vital. RAAC specializes in Financial Due Diligence, offering expert analysis to support strategic decisions such as investments, acquisitions, mergers, partnerships, and organizational initiatives.

Our role is to evaluate the feasibility and value of a transaction, ensuring risks and challenges are clearly identified. With timely, accurate, and comprehensive reviews, we enable clients to make informed choices and avoid costly mistakes.

At RAAC, our dedicated professionals deliver due diligence and transaction advisory services across legal, financial, tax, and business domains-helping clients move forward with confidence and clarity.

SCOPE & OBJECTIVES OF DUE DILIGENCE

It is very much necessary that the scope of DDR is determined in consultation with the client. It is not confined to financial due diligence but extends to operational due diligence, market due diligence, technical due diligence, legal due diligence, systems due diligence, etc. all of which form an integral part of the overall due diligence exercise.

Generally, a comprehensive DDR is undertaken with the following objectives:

•   To assess the commercial and technical feasibility, resource availability of the business and synergy between the organization (acquirer & target).

•   To ensure the compliance of necessary statutes and ascertain the liability in the event of non-compliance.

•   To finalize the value of the acquisition or a financial investment.

•   Look at tax position/structure and its implications

•   Look for overvalued assets or under-recorded liabilities, hidden assets or liabilities.

•   Assess the quality of management and identifying key employees of the Target Company.

•   To prepare a post-acquisition plan.

•   Look into any other significant matters of interest to the acquirer.

•   Provide value added information about the target's business.

TYPES OF DUE DILIGENCE

There are several types of DDR, which are as listed below:

•   Financial & Accounting Due Diligence

•   Tax Due Diligence

•   Legal Due Diligence

•   Business/Market Due Diligence

Business Valuation and Restructuring

The Business Valuation Services provided by RAAC involve the process of determining the economic value of a business or company. It is both an art and a science, as it requires a combination of financial analysis, industry knowledge and professional judgement. The goal of business valuation is to estimate the fair market value of a business. There are several approaches to business valuation, they are: Discounted cash flow approach (Income approach), market approach, asset-based approach & hybrid approaches.

Why use Business Valuation Services?

•   Valuation is the heart of Financial Decision Making. Valuation provides a baseline for future targets and a course for the future. Valuation is required in many contexts including investment analysis, capital budgeting, merger and acquisition transactions, financial reporting and taxable events to determine the proper tax liability.

•   According to Section 247 of Companies Act 2013, valuation is mandatory in respect of shares, stocks, debentures, prospectus, goodwill securities or any other asset under any of the provisions of this Act.

•   Business valuation shall be done by a registered valuer who is a member of a valuer organisation

•   As per RBI guidelines, for any investments in Shares or securities valuation is required.

•   When a Company under Liquidation, business valuation is mandated under the law.

•   Valuation is mandatory when there is a sale of shares, sale of a company.

•   Valuation is very much required, when a company undergoes the process of fundraise via fresh equity or fresh issue of Preference shares or securities.

Business restructuring services

Our team of expert corporate restructuring professionals facilitates business restructuring for the client companies as a measure to muddle through the disturbing business challenges. Our team handles the entire process starting from the study of the company's current structure, financials, business environment, operations, and applicable regulations to the objectives from the restructuring initiative. Our gamut of organizational restructuring services includes:

•   Business reorganization to build focus on core assets and/or divest non-core assets

•   Simplification of the complicated multi-layered structure

•   Business restructuring to enter a tie-up or a joint venture with another company

•   Corporate restructuring for the achievement of a valuable association

•   Planning for a cross-border merger and/or acquisition

•   Restructuring to make the organizational structure conducive for raising funds​

•   Changes in the corporate structure to reduce the exposure of current taxation framework to any material reputational risks

•   Externalization for exploring foreign markets either for the geographical expansion or to raise funds or for other business opportunities

Corporate Law Advisory

A Corporate Legal Opinion provides expert legal analysis on business transactions, contracts, and regulatory compliance. It helps companies assess legal risks and make informed decisions. Ensure legal clarity and safeguard your business with a well-drafted legal opinion.

Companies try their best to remain ahead of their peers and obtain a competitive advantage over other players. Besides the competition, the companies need to focus on complying with all the regulatory and legal requirements to avoid any irregularities, thereby leading to fines or imprisonment and a negative impact on the company's reputation. Hence, companies must take the help of professional corporate law advisors, who can provide them the best corporate legal services and ensure compliance with the requirements of all regulatory and legal authorities in all jurisdictions in India.

Our range of services include the following:

Incorporation Services:

The first and most important service offered by a Company Secretarial Services agency is incorporation services. It entails forming a new corporation, LLP, or partnership firm, which includes collecting the necessary licences and approvals, preparing the memorandum and articles of association, and assuring compliance with all legal requirements.

Compliance Services:

Compliance services are another important service supplied by corporate secretarial companies. Maintaining statutory registers, filing yearly returns, preparing and submitting different forms, compiling and preserving meeting minutes, and ensuring that the firm complies with all applicable rules and regulations are all part of the job.

Secretarial Audit:

Secretarial auditing is the process of examining a company's compliance with applicable laws, rules, and regulations. Secretarial audit services are provided by corporate secretarial firms to guarantee that the company is in compliance with the law.

Corporate Governance Services:

Corporate governance services include advising the company on corporate governance issues, such as conducting board and committee meetings, drafting and reviewing governance policies and procedures, and ensuring compliance with the most recent corporate governance standards.

US GAAP/IFRS conversions

 

International Financial Reporting Standards (IFRS) and US GAAP (Generally Accepted Accounting Principles) are the two frameworks widely used by Business across the globe. We offer GAAP and IFRS conversion services, which entail restating financial statements in accordance with GAAP and IFRS regulations. In transactions such as obtaining equity/debt in a foreign location or in cross-border acquisition deals where the acquirer's books must be converted, GAAP/IFRS conversion is necessary. We also provide ongoing US GAAP/IFRS consulting services to ensure that our clients are always up to date with their international accounting requirements.

KEY ACTIVITIES

•   Accounting gaps and the impact of conversion: a preliminary evaluation

•   For the first time, assistance with planning Ind AS/IFRS/US GAAP adoption

•   Creating financial statements that have been converted.

•   To develop in-house knowledge, training on US GAAP conversion and IFRS conversion technique is provided.

•   Assisting with the creation of mandatory disclosures when implementing a new accounting framework

•   Documentation auditing

•   Creating thorough diagnostic reports that may be used in the conversion process

•   Developing accounting views on the use of several accounting frameworks such as US GAAP, Indian GAAP, IFRS, and Indian AS

•   Employees of the client must get technical accounting training.

•   Assistance with the new accounting standards' implementation

Mergers & Acquisitions

Mergers is the combination of two companies to form one, while Acquisitions is one company taken over by the other. M&A is one of the major aspects of corporate finance world. The reasoning behind Merger and Acquisition generally given is that two separate companies together create more value compared to being on an individual stand. With the objective of wealth maximization, companies keep evaluating different opportunities through the route of merger or acquisition

Mergers and acquisitions (M&A) are inherently intricate processes that involve numerous challenges, including regulatory compliance, financial assessment, and operational integration. At RAAC, we specialize in navigating these complexities, offering comprehensive solutions to ensure seamless execution of M&A transactions.

Our M&A Services Include:

•   Buy-Side Advisory: Assisting clients in identifying potential acquisition targets, conducting due diligence, and negotiating favorable terms.

•   Sell-Side Advisory: Representing companies looking to sell and ensuring they achieve optimal value through strategic planning and market positioning.

•   Merger Support: Facilitating merger proposals, structuring deals, and ensuring compatibility between the merging entities.

•   Regulatory Compliance: Ensuring all transactions meet legal and regulatory requirements, avoiding potential pitfalls.

•   Post-Merger Integration: Assisting in the seamless integration of operations, systems, and cultures post-transaction to maximize synergies.

Fundraising

In addition to help on the buy-side and sell-side of the M&A activities, we also assist in advisory services for raising funds through debt or equity. Our strong network of many financial institutions such as banks, venture capital funds, NBFCs, and private equity funds helps us to obtain the best consultancy on this. We aid in the successful execution and completion of such a financing transaction within time to achieve maximum value out of it. Fundraising services include:

•   Identifying the target investors

•   Analysis of the deal offered by each of the prospective investors

•   Approaching the potential investors for discussion purposes

•   Finalization of the Business plan

•   Preparing documents relevant for negotiation

•   Negotiating the terms and conditions and valuation

•   Completion of the transaction documents

•   Ensuring due diligence of the transaction

Facilitating completion of the transaction