Foreign investors holding shares in Indian private companies now face mandatory demat account requirements under Rule 9B. Whether you're a venture capitalist, angel investor, NRI, or foreign subsidiary investing in Indian startups, understanding the demat account opening process, FEMA compliance, and PIS requirements is critical to protecting your investment rights.

Key Takeaways

• Mandatory compliance: All foreign investors in dematerialised Indian companies must open demat accounts by June 30, 2025

• Timeline: 45-60 days for NRIs, 60-90 days for foreign corporate entities (vs 7-15 days for resident Indians)

• Documentation: Extensive requirements including PAN card, passport, board resolutions, and beneficial ownership declarations

• FEMA rules: Separate compliance for FDI vs PIS routes with different repatriation rights

• Account types: NRE (repatriable) vs NRO (non-repatriable) with distinct tax and transfer implications

• Physical process: Wet signatures and notarized documents required—digital signatures limited

This guide walks you through the complete foreign investor demat account process—from documentation requirements to repatriation rules—with fact-checked information for 2025.

Who Needs a Foreign Investor Demat Account

Rule 9B mandates that all private companies (except small companies with paid-up capital ≤₹4 crore AND turnover ≤₹40 crore) must convert shares to dematerialized form by June 30, 2025. This affects:

Non-Resident Indians (NRIs) and PIOs: Indian citizens living abroad who invested in Indian companies while resident or after becoming NRI. This is the largest category with over 3 crore NRIs globally.

1. Foreign Portfolio Investors (FPIs): Registered entities including foreign mutual funds, pension funds, and investment trusts investing through the portfolio route. Must be SEBI-registered.

2. Foreign Direct Investors: Foreign companies or individuals making FDI investments in Indian companies under automatic or government approval routes. Includes venture capital funds and strategic investors.

3. Foreign Corporate Entities: Overseas companies holding shares in Indian subsidiaries, joint ventures, or investee companies. Includes wholly-owned subsidiaries of foreign parents.

4. Overseas Citizen of India (OCI) cardholders: Foreign nationals of Indian origin with OCI status, treated similarly to NRIs for investment purposes.

Without demat accounts, foreign shareholders cannot participate in corporate actions (bonus shares, rights issues), transfer shares, or exit investments once companies complete dematerialisation.

NRI Demat Account: Requirements and Process

NRIs have the most streamlined process among foreign investor categories but still face additional complexity compared to resident Indians.

Types of NRI Demat Accounts

NRE Demat Account (Repatriable)

For shares purchased using foreign currency remitted to India through NRE bank accounts:

• Full repatriation rights for both principal and gains

• Must be linked to NRE bank account

• Requires PIS (Portfolio Investment Scheme) approval from designated bank

• Used for equity investments on stock exchanges

NRO Demat Account (Non-Repatriable)

For shares purchased using Indian rupee funds or acquired while resident:

• Limited repatriation: Up to USD 1 million per financial year (across all NRO accounts)

• Must be linked to NRO bank account

• PIS approval optional for NRO account

• Can hold shares inherited or acquired during residence

Key Difference: Repatriation rights. If you want full ability to transfer sale proceeds abroad, use NRE. If funds will stay in India or you're holding shares from pre-NRI days, use NRO.

Step-by-Step NRI Demat Account Opening

Step 1: Obtain Indian PAN Card (If Not Already Held)

Timeline: 15-30 days

All foreign investors need PAN (Permanent Account Number) for demat accounts. Apply through:

• Indian embassy/consulate in your country of residence

• Authorized PAN agents (NSDL, UTITSL)

• Online through Income Tax Department portal

Required documents:

• Passport copy (notarized)

• Proof of overseas address (utility bill, bank statement)

• Passport-size photographs

• Form 49AA

Step 2: Choose Your Depository Participant

Select from banks or brokers registered with NSDL or CDSL offering NRI demat services:

Major Banks: ICICI Bank, HDFC Bank, Axis Bank, SBI, Kotak Mahindra Discount Brokers: Zerodha, Upstox, Angel One

Evaluation criteria:

• NRI account opening experience and support

• Processing timelines (typically 30-45 days)

• Annual maintenance charges (₹500-₹900 for NRI accounts)

• Customer service quality for overseas clients

Step 3: Open NRE or NRO Bank Account

You cannot open a demat account without a linked bank account. Most DPs require you to open the bank account first.

For NRE account:

1. Fund from overseas bank account

2. Submit FEMA declaration

3. Provide overseas employment proof

For NRO account:

1. Can be funded locally

2. Simpler documentation

3. Used for Indian-source income

Step 4: Apply for PIS Permission (If Required)

PIS (Portfolio Investment Scheme) permission is mandatory for:

• NRE demat accounts trading on stock exchanges

• Individual NRI investment limits: 5% of company's paid-up capital

• Aggregate NRI limit: 10% (can be raised to 24% with company approval)

PIS is optional for NRO accounts investing in:

• Mutual funds

• Government securities

• Private placements

• Unlisted company shares

Application process:

1. Submit application to designated bank branch

2. Provide investment plans and fund source

3. Bank grants PIS permission (typically 7-15 days)

4. Only ONE PIS account allowed per NRI across all banks

Step 5: Complete KYC and Submit Documents

Standard documents for all NRIs:

• PAN card copy

• Passport (with valid visa/stamp showing NRI status)

• Overseas address proof (less than 3 months old)

• Recent photographs

• Cancelled cheque of linked NRE/NRO account

• Proof of NRI status (employment letter, visa copy)

Step 6: In-Person Verification (IPV)

SEBI mandates IPV for demat account opening. Options:

• Video KYC with DP's authorized personnel (now accepted by most DPs)

• Physical verification at Indian consulate

• In-person during India visit at DP branch

• Authorized representative with power of attorney

Step 7: Account Activation

After verification (typically 30-45 days total):

• Receive Beneficial Owner ID (BO ID) - your unique demat account number

• Format: IN + DP ID (8 digits) + Client ID (8 digits)

• Receive login credentials for online account access

• Begin transferring physical shares for dematerialisation

Annual Compliance for NRI Demat Accounts

• Status updates: Inform DP immediately if you return to India and become resident (requires account closure and reopening)

• Address changes: Update overseas address within 30 days of change

• Annual maintenance charges: ₹500-₹900 paid annually

• Portfolio reporting: No separate reporting unless trading volume exceeds thresholds

Foreign Corporate Entity Demat Accounts

Foreign companies investing in Indian private companies face the most complex requirements with extensive corporate documentation.

Documentation Requirements

Corporate Identity Documents:

• Certificate of incorporation from home country

• Memorandum and Articles of Association (or equivalent)

• Certificate of good standing (issued within 6 months)

• Company registration number and tax identification

Board Authorization:

• Board resolution specifically authorizing:

  • Opening of demat account in India

  • Designated signatories for account operations

  • Investment in specific Indian company

• Resolution must be notarized and apostilled

Beneficial Ownership Declaration:

• Complete ownership structure up to ultimate beneficial owners (UBOs)

• Identification of all individuals owning >25% directly or indirectly

• Passport copies of all UBOs

• Form BEN-2 filing with MCA for Indian investee companies

Director Identification:

• Passport copies of all directors

• Proof of address for each director

• Board composition details

Investment Approval Documents:

• Government approval letter (if approval route)

• RBI approval (if required for sector)

• FIPB/DPIIT approval (if applicable)

• Sectoral compliance certificates

Account Opening Timeline: 60-90 Days

Weeks 1-2: Document collection and notarization

1. Gather all corporate documents from home jurisdiction

2. Obtain apostille/attestation from respective authorities

3. Get certified English translations if needed

Weeks 3-4: PAN application and processing

1. Submit Form 49A for foreign company PAN

2. Wait for PAN allocation (can take 30-45 days)

3. Cannot proceed without PAN

Weeks 5-8: DP application and verification

1. Submit complete application to chosen DP

2. DP conducts enhanced due diligence for foreign entities

3. Verification of beneficial ownership information

4. Regulatory clearances if required

Weeks 9-12: Final approvals and activation

1. DP submits to depository for final approval

2. Receive BO ID and account credentials

3. Begin dematerialisation process

Delays are common due to:

• Incomplete beneficial ownership information

• Missing apostille on documents

• Unclear corporate structure

• Additional regulatory clearances

FEMA Compliance for Foreign Investors

The Foreign Exchange Management Act (FEMA) governs all foreign investment in India with specific provisions for share holding and dematerialisation.

Investment Route Classification

Automatic Route (No Prior Approval):

• Most sectors allow 100% FDI under automatic route

• Investor can proceed without government approval

• Must file post-investment reporting with RBI

• Includes IT, pharma, manufacturing, renewable energy

Government Approval Route:

• Sectors with caps or sensitive industries

• Requires prior approval from government

• Includes defense (beyond 74%), broadcasting, print media

• Timeline: 8-12 weeks for approval

Portfolio Investment Scheme (PIS):

• For NRIs investing in listed/unlisted shares

• Lower investment limits (5% individual, 10% aggregate)

• Simpler approval through designated bank

• Different repatriation rules

FEMA Pricing Guidelines

All share acquisitions and transfers must comply with FEMA pricing:

For Listed Companies: Price within ±5% of average of weekly high/low of stock price on stock exchange for prior 2 weeks

For Unlisted Companies:

• Fair market value determined by SEBI-registered merchant banker

• Using DCF, comparable company, or book value method

• Valuation report must be dated within 90 days of transaction

• Both buyer and seller must have independent valuations for secondary transfers

Violations: Paying above or below FMV can result in:

• Transaction deemed invalid

• Penalties up to 3x the amount involved

• Restrictions on future investments

Reporting Obligations Under FEMA

Form FC-TRS (Transfer of Shares):

• Filed within 60 days of share transfer

• Required for all transfers involving foreign investors

• Submitted through authorized dealer bank to RBI

Annual Return on Foreign Liabilities and Assets (FLA):

• Filed by Indian companies receiving FDI

• Due by July 15 each year

• Details all foreign investments and shareholding

Form FC-GPR (Foreign Investment Reporting):

• For issue of shares to foreign investors

• Filed within 30 days of allotment

• Includes consideration received and share details

Failure to file: Penalties of ₹10,000 per violation plus ₹1,000/day for continuing default

PIS Account Requirements and Limits

The Portfolio Investment Scheme allows NRIs and certain other investors to purchase shares on Indian stock exchanges with specific limits and procedures.

Who Needs PIS Approval

Mandatory PIS:

• NRIs investing through NRE account in equity shares

• Trading on NSE/BSE or other recognized exchanges

• Purchasing listed company shares

PIS Not Required:

• Investment in mutual funds

• Government securities and bonds

• Private placement in unlisted companies

• Investment through NRO account (though recommended)

Investment Limits Under PIS

Individual NRI Limit: 5% of paid-up capital of the Indian company

Aggregate NRI Limit: 10% of paid-up capital (all NRIs combined)

• Can be increased to 24% by company via board and shareholder resolution

Important: These limits are monitored continuously. If you breach limits:

• Must sell excess shares within specified timeframe

• DP will freeze purchases once limit approached

PIS Application Process

1. Choose Designated Bank: Only specific bank branches are authorized for PIS

2. Submit Application: Provide investment plan, fund source, NRI status proof

3. Bank Approval: Typically 7-15 days if documents complete

4. Open PIS Demat Account: Demat account specifically marked as PIS-compliant

5. Begin Trading: Can purchase shares within limits

One PIS Account Rule: You can have only ONE designated PIS bank account at any time. Cannot trade equity through multiple banks simultaneously.

Repatriation Rules for Dematerialised Shares

Understanding repatriation rights is crucial for foreign investors planning exit strategies.

Capital Gains Repatriation

Full Repatriation (NRE Accounts):

• 100% of sale proceeds can be repatriated

• No limit on amount

• Conditions: Shares purchased with foreign remittance, proper FEMA compliance, tax clearances obtained

Limited Repatriation (NRO Accounts):

• Maximum USD 1 million per financial year (April-March)

• Limit applies cumulatively across ALL NRO accounts

• After deducting applicable taxes

• Requires CA certificate and bank approval

Tax Requirements for Repatriation

Before repatriating sale proceeds, ensure:

Tax Deducted at Source (TDS):

• Short-term capital gains: 20% TDS for NRIs on listed shares

• Long-term capital gains: 12.5% TDS on gains exceeding ₹1.25 lakh

• TDS certificate (Form 16A) from buyer/broker

Income Tax Return Filing:

• File ITR even if only capital gains income

• Obtain acknowledgment from Income Tax Department

• May need Form 15CA/15CB for amounts >₹5 lakhs

Tax Clearance Certificate (for large amounts):

• Required for remittances >₹25 lakhs in some cases

• Confirms all taxes paid

• Processing time: 15-30 days

Repatriation Application Process

Step 1: Gather Documents

1. Share sale contract note from broker

2. Bank statement showing credit of sale proceeds

3. TDS certificates (Form 16A)

4. ITR acknowledgment

5. CA certificate (for NRO repatriation)

Step 2: Submit to Bank

1. Visit authorized dealer branch

2. Fill Form A2 (for amounts >$25,000)

3. Submit all supporting documents

4. Declare purpose code and beneficiary details

Step 3: Bank Processing

1. Bank verifies FEMA compliance

2. Checks tax payment proofs

3. Confirms within annual limits (for NRO)

4. Processing: 7-15 working days for standard cases

Step 4: Fund Transfer

1. Bank transfers to overseas account

2. Exchange rate locked at application time (generally)

3. Charges: 0.1-0.5% plus forex margins

4. Receive FIRC (Foreign Inward Remittance Certificate) for records

Dividend Repatriation

Simpler than capital gains repatriation:

Requirements:

• Company must deduct TDS (20% for NRIs on dividends)

• Form 16A from company

• No additional approval needed for most cases

Process:

1. Company credits dividend to NRE/NRO account

2. Submit repatriation application with TDS certificate

3. Bank processes without extensive verification

4. Timeline: 3-7 days

NRE accounts: Full dividend repatriation allowed NRO accounts: Subject to USD 1 million annual limit

Common Challenges and Solutions

Challenge 1: Beneficial Ownership Complexity

Problem: Foreign entities with multi-layered ownership structures struggle to provide complete beneficial ownership information extending to natural persons.

Impact: DP refuses to open account or demands additional documentation, causing 30-60 day delays.

Solutions:

1. Prepare detailed ownership charts showing all layers

2. Identify all shareholders with >25% ownership at each level

3. Obtain passport copies of all ultimate beneficial owners

4. Get legal opinion on UBO identification if structure is complex

5. Consider restructuring if ownership is too opaque for Indian compliance

Challenge 2: Apostille and Notarization Requirements

Problem: Indian DPs require apostille (for Hague Convention countries) or consular attestation (for non-Hague countries) on foreign corporate documents, which many investors don't understand.

Impact: Application rejected for improper authentication, restarting the process.

Solutions:

1. Verify if your country is part of Hague Apostille Convention

2. For Hague countries: Get apostille from designated authority in home country

3. For non-Hague countries: Get documents attested by Indian embassy/consulate

4. Engage local agents in home country familiar with Indian requirements

5. Budget 2-4 weeks for apostille process

Challenge 3: PAN Card Delays

Problem: Foreign entity PAN applications take 30-60 days, during which no progress on demat account.

Impact: Dematerialisation deadline approaches with no ability to start account opening.

Solutions:

1. Apply for PAN immediately when company decides to dematerialize

2. Use PAN agents (NSDL, UTITSL) rather than direct government portals

3. Track application status weekly

4. Have backup representative in India who can follow up

5. Consider expedited services through professional agents

Challenge 4: Signature and POA Logistics

Problem: Physical signatures required from directors overseas, plus frequent need for fresh signatures during processing.

Impact: Courier delays, documents expiring before DP processes them.

Solutions:

1. Establish Power of Attorney with India-based representative for account operations

2. Plan document signing during scheduled India visits when possible

3. Use priority international courier (DHL, FedEx) for 3-5 day delivery

4. Prepare multiple signed copies of standard forms upfront

5. Some DPs now accept digital signatures through designated platforms—verify availability

Challenge 5: FEMA Documentation Complexity

Problem: DPs demand extensive FEMA compliance proof (approval letters, pricing certificates, compliance history) that foreign investors don't maintain systematically.

Impact: Account opening stalls while investor scrambles to gather historical documents.

Solutions:

1. Maintain comprehensive investment file from day one including:

   • Original investment approval (if applicable)

   • Share subscription/purchase agreements

   • Fair value certificates from all historical investments

   • FEMA compliance certificates from auditors

   • All FC-GPR/FC-TRS filings

2. Engage CA to prepare FEMA compliance summary

3. Request historical documents from investee company if missing

4. Allow 30-45 days for document reconstruction if starting from scratch

Technology and Service Providers

Demat Account Providers for Foreign Investors

Full-Service Banks (Recommended for Corporate Entities):

• ICICI Bank, HDFC Bank, Axis Bank

• Dedicated NRI/foreign investor teams

• Higher charges but better hand-holding

• AMC: ₹800-₹1,200 annually

Discount Brokers (For Individual NRIs):

• Zerodha, Upstox, Angel One

• Lower charges (₹400-₹600 AMC)

• Digital-first process

• May have less support for complex cases

Specialized NRI Service Providers:

• ICICI Direct, HDFC Securities

• Comprehensive NRI investment solutions

• Integrated banking and demat services

• Premium pricing but full-service

Professional Service Providers

For Complex Foreign Entity Accounts:

• Big 4 accounting firms (Deloitte, PwC, EY, KPMG) for FEMA compliance

• Specialized corporate law firms for documentation

• Registered merchant bankers for valuation requirements

• Cost: ₹1-3 lakhs for full-service corporate account setup

For Individual NRI Accounts:

• Local CAs in India for tax and compliance

• NRI-focused financial advisors

• PAN and account opening agents

• Cost: ₹25,000-₹75,000 for assisted setup

Frequently Asked Questions

Can an NRI use their old resident demat account after becoming NRI?

No. FEMA regulations prohibit NRIs from using resident demat accounts. You must:

1. Inform your DP about status change within 30 days

2. Open new NRI demat account (NRE or NRO)

3. Transfer securities from resident to NRI account

4. Close the resident account

Continuing to use resident account after becoming NRI is a FEMA violation attracting penalties.

What happens if I miss the June 30, 2025 dematerialisation deadline?

If your investee company dematerializes but you don't have a demat account:

• You cannot transfer or sell your shares

• You cannot participate in rights issues, bonus shares, or other corporate actions

• You may be blocked from receiving dividends until compliance

• Company may ultimately extinguish shares held in physical form per regulatory guidelines

• Start the process immediately—timelines are 45-90 days

Do I need separate demat accounts for each Indian company I've invested in?

No. One demat account can hold shares of multiple companies. However, you may need multiple demat accounts if:

• Investing on both repatriable (NRE) and non-repatriable (NRO) basis

• Some investments under automatic route, others under approval route

• Holding shares through different entities (individual vs corporate)

Can my foreign company hold shares in Indian subsidiary without Indian PAN?

No. PAN is mandatory for all dematerialisation. Foreign companies must:

• Apply for PAN using Form 49AA

• Provide apostilled corporate documents

• Timeline: 30-45 days

• Without PAN, demat account cannot be opened

Start PAN application as soon as dematerialisation is announced.

What if beneficial ownership extends through multiple countries?

You must trace ownership through all layers until reaching natural persons, regardless of how many countries are involved. Requirements:

• Ownership chart showing each layer with country of incorporation

• Corporate documents for each layer (apostilled if needed)

• Passport copies of ultimate beneficial owners

• Legal opinion may be required if structure spans >3 countries

Complex structures may require 90-120 days for full documentation.

Can I open NRI demat account while still in India before moving abroad?

No. You must have NRI status (living abroad >182 days) to open NRI demat account. However, you can:

• Keep resident demat account active until you leave

• After becoming NRI, inform DP and begin conversion process

• Transfer shares from resident to NRI account

• Timeline for conversion: 30-45 days after leaving India

How do I handle demat if I'm returning to India permanently?

Reverse process of becoming NRI:

1. Inform DP about status change to resident

2. Open new resident demat account

3. Transfer all securities from NRI to resident account

4. Close NRI demat account

5. Convert NRE/NRO bank account to resident savings account

Complete process within 180 days of returning to avoid FEMA complications.

Are there any sectors where foreign investors cannot hold dematerialised shares?

Yes. Certain sectors prohibit or restrict foreign investment:

• Atomic energy: 0% FDI allowed

• Lottery/gambling: 0% FDI

• Chit funds: 0% FDI

• Agriculture (with exceptions): Generally prohibited

• Print media: Maximum 26% FDI

• Broadcasting: Sector-specific limits

Even if you hold shares from earlier (potentially non-compliant) investments, dematerialisation will trigger FEMA scrutiny. Verify sectoral compliance before proceeding.

What happens to my Indian investments if I invest from a country blacklisted by India?

Investments from certain countries (Pakistan, Bangladesh, Sri Lanka, Afghanistan, China) face additional scrutiny:

• China investments: Require government approval regardless of sector since 2020

• Pakistan: Generally prohibited except with specific government permission

• May face enhanced due diligence during demat account opening

• Existing investments may need government ratification

Consult FEMA specialist before proceeding if investor is from restricted country.

Can I pledge dematerialised shares held in NRI demat account?

Yes, but with restrictions:

• Shares can be pledged to Indian banks/NBFCs for loans

• Cannot be pledged to overseas entities without RBI approval

• Lender must be authorized to accept NRI pledges

• Pledge must comply with FDI sectoral caps if triggered by default

Verify pledge terms don't violate FEMA before executing.

How long does it take to repatriate large amounts (>USD 5 million) from share sales?

For large repatriations:

• Standard bank process: 15-30 days

• May require additional RBI reporting

• Auditor certificate confirming FEMA compliance

• Possible tax authority clearance for amounts >₹50 lakhs

• Consider staggering across financial years if close to fiscal year-end

• Engage CA and bank early for amounts >USD 1 million to ensure smooth processing

What if investee company hasn't obtained ISIN yet—can I still open demat account?

You can open your demat account without the company having ISIN, but shares cannot be credited until:

1. Company obtains ISIN from NSDL/CDSL

2. Company completes dematerialisation setup

3. Shares are converted and ready for electronic transfer

Recommendation: Open account in advance so you're ready when company completes setup.

Do I need PIS approval to hold shares acquired through ESOP from Indian company?

ESOPs have different rules:

• If acquired while resident in India: Can hold in NRO account without PIS

• If acquired while NRI: May need PIS depending on company policy

• Listed company ESOPs: Generally require PIS

• Unlisted company ESOPs: PIS usually not required

• Verify with company and DP based on your specific situation

Can my U.S. LLC open demat account to hold shares in Indian startup?

Yes. U.S. LLCs are treated as foreign corporate entities. Requirements:

• Certificate of formation from U.S. state

• Operating agreement (equivalent to Articles of Association)

• EIN (Employer Identification Number) from IRS

• Apply for Indian PAN

• Provide beneficial ownership details (all members with >25%)

• Board resolution from LLC members authorizing investment

• Apostille all U.S. documents

Process takes 60-90 days due to apostille and documentation requirements.

What if my passport expires during demat account opening process?

Passport expiry can derail applications:

• Most DPs require minimum 6 months passport validity

• If expiring within 6 months of application, renew first

• If expires during processing, update DP immediately with new passport

• May need to restart KYC with new passport number

• Plan ahead: Ensure passport has 12+ months validity before starting

How do I handle currency fluctuations between investment and repatriation?

Exchange rate risk affects returns:

• Investment made when USD 1 = ₹75

• Repatriation when USD 1 = ₹83

• You receive fewer dollars for same rupee amount

Strategies:

• Maintain forex hedging if available through bank

• Time repatriation during favorable exchange rates if flexibility exists

• Consider keeping some funds in India (NRO account) for future investments

• Factor 5-10% forex impact into return calculations

No perfect solution—forex risk is inherent in cross-border investment.

Take Action: Protect Your Indian Investments

Foreign investor demat account requirements represent a complex but mandatory compliance process. With the June 30, 2025 deadline approaching, early action is critical.

Immediate Steps:

1. Assess your timeline: Calculate backwards from June 30, 2025

   • NRIs: Start by March 2025 (45-60 day process)

   • Foreign entities: Start by January 2025 (60-90 day process)

2. Gather documentation: Begin collecting corporate documents, apostilles, and beneficial ownership information now

3. Apply for PAN: If you don't have Indian PAN, apply immediately (30-45 day timeline)

4. Choose service providers: Select DP and professional advisors familiar with foreign investor requirements

5. Coordinate with investee companies: Ensure your Indian portfolio companies are on track for dematerialisation

How Tabulate Helps Foreign Investors

Tabulate's specialized foreign investor compliance platform manages the entire demat account process from application to ongoing compliance:

Streamlined Account Opening:

• Document checklist customized to your investor category

• Apostille and notarization guidance

• DP coordination and relationship management

• Timeline tracking with automated reminders

• 30-40% faster processing through expert preparation

FEMA Compliance Automation:

• Automated Form FC-TRS generation and filing

• Investment limit tracking across portfolio

• Pricing guideline compliance monitoring

• Repatriation planning tools

Ongoing Portfolio Management:

• Multi-entity dashboard for corporate investors

• Corporate action tracking and participation

• Tax compliance calendar (TDS, ITR, repatriation)

• Real-time alerts for regulatory changes

Get Started:

• Free eligibility assessment: Determine your specific requirements and timeline

• Document review: Submit your existing documentation for gap analysis

• Platform demo: See how automated compliance management works

• Priority onboarding: Fast-track your account opening with expert support

Don't risk losing access to your Indian investments due to missed dematerialisation deadlines. Start your foreign investor demat account process today with proven expertise and comprehensive support.

Schedule a consultation with Tabulate's foreign investor specialists: Click Here

Disclaimer: This guide provides general information about foreign investor demat account requirements in India as of 2025. FEMA regulations and RBI guidelines are subject to change. Individual circumstances vary significantly based on investor category, investment structure, and regulatory history. This content does not constitute legal, tax, or financial advice.

For personalized guidance on your specific situation, consult qualified professionals including FEMA consultants, chartered accountants, and legal advisors. While we strive for accuracy, Tabulate assumes no liability for decisions made based on this information.