Remittance Services

Hassle-free Foreign Remittance with Complete Regulatory Compliance

International payments from India are closely monitored and regulated by the RBI. It involves approvals, detailed documentation, and taxation checks. Our experts will help you to navigate through the complexities of foreign remittance. We offer end-to-end support and ensure your payments are smoothly processed on time and are in full compliance with the legal guidelines.

Whether your Indian subsidiary wants to repatriate profits, pay for international services, imports, or royalties, our professionals will guide you through each step of the process – from documentation to bank coordination to taxation checks.

Determining the Accurate Process Code

Every foreign remittance must be categorized under the relevant RBI-approved process code, which indicates the nature of the payment. We ensure you choose the right code to prevent rejection or penalties.

Preparing Form 15CA

It is a self-declaration form submitted by the remitter to the Income Tax Department. It indicates that any applicable tax on the foreign remittance has been duly paid.

Issuing Form 15CB

When applicable, Form 15CB (tax certificate issued by a qualified CA) may be needed before uploading Form 15CA. Greenvissage experts will analyze the transaction to determine tax liability under the Indian tax laws and the relevant DTAA for issuing the certificate.

Liaison with Banks and Reviewing Documentation

Our team coordinates with the authorized dealer bank, reviews agreements and invoices, and ensures the remittance package is accurately and duly completed for quick processing.

GST, TDS, and Withholding Tax Advisory

We will assess if any TDS is applicable and assist to determine applicable rates under DTAA. Additionally, our experts ensure correct filing and remittance of the taxes.

Solution Driven

We envisage a solution by critically studying the problem, and giving logical input.

Cost Effective

We are reasonable, economical & affordable with unmatched result-oriented consulting.

Expert Team

Having an experience of working with some of the world’s largest accounting firms.

I always found doing business with Team Greenvissage is very pleasurable. They helped us setup the company in India and guided us through the legal minefield & ensured all compliances were adhered to strictly.
Thanks to their legal & financial support, I could fully concentrate on the Business operations, knowing the legal and fiscal are in good hands.

Player X Mobile Entertainment (India)

One of the key criteria for start-ups is that the accounting firm should be flexible, understanding and very approachable.
I am happy to state that Greenvissage and its team is exactly this.
The team is ably headed by Amit and Kethaan. Both of them very well understand that the business cycles go through tough times and they make sure to support during tough times too.
I believe this is the test of good partner organization.

Career Varsity

We have been receiving personal attention from the Directors at all times. The support staff is very helpful and they try to understand the issues at hand, with all sincerity and professionalism. For emergencies we do get immediate personal intervention.

Vanilla-Beans Consulting Private Limited

The services they provide are exemplary on a professional and knowledgeable, yet friendly level.
We particularly value their pro-active style of suggesting ideas and solutions regarding all accounting/ compliance/ payroll/ tax/ forex matters of our business, and the way a smooth transition and taking over of our accounting/ auditing tasks from our earlier CA was accomplished.

Global Colleague India Pvt. Ltd

Known Amit and Kethan for over 15 years now and have been utilizing their services for our end to end Accounting/Tax/Payroll needs..not only are they super professional and knowledgeable they also make the best of friends a business owner can ask for!