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FEMA ODI and Outward Remittances: Checklist Before You Fund an Overseas Subsidiary

Published 10 Sept 2026 · 1 min read

Executive summary

Funding a Dubai, UK, or other overseas company from India is more than a bank transfer. Map FEMA ODI, Form 15CA/CB, purpose codes, and the overseas entity’s books before remitting capital or services payments.

Before remitODI + CA/CB pack
BankPurpose code ready
AfterBooks on both sides
01

Remittance failures are usually documentation failures

Banks reject transfers when purpose codes, invoices, and ownership papers disagree. Build the file before you request the SWIFT.

02

Pair remittances with the right market desk

  • 1Dubai desk for UAE entities and FTA calendars
  • 2UK desk for Companies House / HMRC alongside India funding
  • 3International tax desk for DTAA and Form 15CA/CB coordination
Talk to the international tax deskDTAA, Form 15CA/CB, and FEMA coordination from Delhi and Gurgaon.
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Talk to a PJRJ partner

Need filing, formation, FEMA, or tax advice on this topic? Reach a partner in Delhi or Gurgaon — WhatsApp-first for India and overseas clients (IST hours).

Contact PJRJ & Associates WhatsAppFEMA / DTAA desk

Quick answers

Direct answers to common questions on this topic.

3 topics

Generally no for capital or investment-style funding. Confirm the exact FEMA route with an advisor and your AD bank before remitting.

No. Form 15CA/CB is an income-tax remittance documentation process; FEMA ODI is a foreign-exchange investment framework. Many transactions need both thought through.

International tax and market desks (Dubai, UK, and others) align remittance papers with overseas incorporation and local tax calendars from Delhi and Gurgaon.

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