Fema / RBI : Understand who must file India's Annual Return on Foreign Liabilities and Assets (FLA), including companies with FDI/ODI, and get ...
Fema / RBI : 1. Introduction The Foreign Liabilities and Assets (FLA) Return is an annual disclosure mandated by the Reserve Bank of India (RBI...
Fema / RBI : Foreign direct investment (FDI) plays a crucial role in a country’s economic development. In India, entities receiving FDI or ha...
Fema / RBI : Learn the FLA return filing process for Indian companies and LLPs with foreign investments. Mandatory by July 15 annually. Avoid p...
Fema / RBI : FLA return is annual return required to be submitted by following entities which have received FDI and/or made FDI abroad (i.e. ov...
As mentioned in our previous article, Received Foreign Funding? Comply with FC-GPR filing in 30 days, we are witnessing a massive amount of foreign funds coming into India especially through investments into Start-ups. The government is also encouraging foreign investment through different incentives like liberalizing FDI limits in various sectors.
Companies these days are more involved in foreign investments in order to expand their businesses in international market. Infact, foreign direct investments has become a major monetary source for economic development in India. Therefore, RBI introduced the concept of FOREIGN ASSETS AND LIABILITIES (FLA) RETURN in order to keep the track record of statistics relating […]
♦ Filing of FLA Return is a mandatory under FEMA 1999. Non-filing of the return before due date will be treated as a violation of FEMA and penalty clause may be invoked for violation of FEMA. ♦ This compliance update provides information regarding FLA Return in following manner; √ Who is required to file; √ […]
Meaning of FLA Return Annual Return on Foreign Liabilities and Assets required to be filed by an Indian Company and LLP to RBI within the prescribed due date. This Return is filed Online on RBI Portal i.e. https://flair.rbi.org.in/fla/ Requirement to file FLA Return:- The Companies (includes Partnership Firms/ LLP’s, etc) which have received FDI (Foreign […]
Foreign Liabilities and Assets (FLA) is an Annual Return which is to be submitted by all those Indian Resident Companies which have received Foreign Direct investment (FDI) and/or made Investment Overseas (FDI Abroad) in previous year(s) which shall also include information of the current year. This return needs to be filed by July 15 every […]
Annual Return on Foreign Liabilities and Assets (FLA) Foreign Liabilities and Assets (FLA) Return is an Annual Return which is required to be submitted by those entities which have received FDI and/or made overseas investments in any of the previous years including the current year i.e., entities which have Foreign Assets or Liabilities in their […]
