FLA Reporting
Annual FEMA reporting for any Indian entity holding foreign investment inbound or outbound, filed on the RBI’s FLAIR portal, with your documentation gathered and your window tracked for you.
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One annual return, for every entity that touched foreign capital
The Foreign Liabilities and Assets (FLA) return is a yearly filing the RBI requires from any Indian entity that has received foreign direct investment or made an overseas direct investment. It is filed under FEMA on the RBI’s FLAIR portal, and it applies every year the foreign holding exists, not just the year the money moved.
The filing draws on your shareholding pattern, financial statements and the details of the FDI or ODI transaction itself. We track your exact annual window and file well within it.
- Indian companies with inbound FDI or outbound ODI
- LLPs with FDI or ODI on their books
- Alternative Investment Funds with foreign holdings
- Partnership firms party to an FDI or ODI transaction
If foreign capital sits on your balance sheet, you file
The obligation runs every year the holding exists, whether or not there was any fresh transaction in that year.
Companies and LLPs with FDI
Any entity that has received foreign direct investment, at any point, carries the annual filing obligation for as long as that investment stands.
Entities with overseas investment
Indian companies, LLPs and firms that have made an overseas direct investment report it the same way, on the same portal.
AIFs and public-private partnerships
Alternative Investment Funds and PPP entities with a foreign investment leg also fall under the FLA reporting requirement.
Documentation to filed acknowledgement
Document collection
CIN, PAN, shareholding pattern, FDI or ODI transaction details, and the financial statements the return needs.
FLAIR portal filing
We register your entity on the FLAIR portal if needed, prepare the return, and submit it electronically.
Provisional to revised
If your accounts are not yet audited when the window opens, we file on provisional figures, then revise once they’re finalised.
Deadline tracking
We track your entity’s exact annual window and file within it, so it never slips into a late filing.
Acknowledgment on record
We retain the filed acknowledgment and keep a running compliance record for your entity.
Query handling
If the RBI or your bank raises a query on the filing, we respond and see it through.
Four steps, once a year
We assess
Confirm whether your entity’s FDI or ODI holding triggers the filing this year.
We gather documents
Shareholding pattern, financials and transaction details, collected from you once.
We file on FLAIR
Return prepared and submitted on the RBI’s portal, ahead of your window.
You get the record
Filed acknowledgment kept on file, plus a revision once audited figures are ready if needed.
Questions companies ask first.
Do we still file if there was no fresh FDI or ODI transaction this year?
Yes. The FLA return is required every year the foreign holding exists on your books, regardless of whether any new investment moved in or out during the year.
What if our financial statements aren’t audited yet when the window opens?
You can file on unaudited, provisional figures to stay compliant, then submit a revised return once the audited statements are finalised.
What happens if the FLA return is filed late?
A late or missed FLA return is treated as a FEMA contravention and can attract monetary penalties from the RBI. We track your specific deadline and file well within it to keep that risk off the table.
Tell us what you need.
A short call to understand where you stand and how we would run this for you. No obligation.
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